Austria - Joint Ventures/LicensingAustria - Joint Ventures/Licensing
Joint ventures and licensed production arrangements in Austria can be an attractive strategy for U.S. firms looking for partners in Europe.
Austria is an EU member country that is well located in the heart of Central and Eastern European markets, with convenient transportation routes to most European destinations, and high-quality labor and production. Joint ventures can be formed as a company, partnership, or other legal entity.
Austrian companies are receptive to licensing arrangements, especially as a source of new technology. Royalty and license fee payments can be freely transferred. Details on intellectual property protection in Austria can be found in the U.S. Department of Department of State’s Investment Climate Statement for Austria at: https://www.state.gov/investment-climate-statements/
In addition to the assistance offered by the U.S. Commercial Service in Austria, U.S. firms seeking joint venture or license partners in Austria receive valuable information and support from the Austrian Government’s investment organization, the Austrian Business Agency at https://investinaustria.at ABA’s America’s Director Doris Dobida can be reached at: d.dobida@aba.gv.at