Reasons for setting up a business in Austria
Slovenian entrepreneurs will find Austria to be extremely welcoming. They are not met with bureaucratic obstacles at every turn. Austria has a very appealing market. Anyone looking to expand their business into the Austrian and German markets will find the idea of establishing a company there appealing. It will be much easier to do business with other Austrian companies once you establish a company in Austria.
However, you must be aware that you will be required to pay Austrian employees according to Austrian labor standards, not Slovenian ones. When paying a Slovenian employee who will be employed in a Slovenian company and sent to work in Austria on a temporary basis, you must adhere to the same standards as when paying an Austrian employee. You should be aware that the gross minimum wage in Austria is € 1,300. In 2018, the average monthly gross salary in Austria was € 3,632, while it was only € 1,654 gross and € 1,073 net in Slovenia.