Best Funds & Asset Management Lawyers in Vienna

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

PACHER & PARTNER
Vienna, Austria

Founded in 1957
50 people in their team
German
English
Founded in 1957 as a civil law firm, we have continually expanded our field of activity by bringing on new partners.Our team brings together a wide range of personalities with different professional specializations. As a modern business law firm, we place particular emphasis on the highest legal...
NF LAWYERS
Vienna, Austria

Founded in 2000
50 people in their team
German
English
Welcome to NF Attorneys!LAWYERS GRAZ -REAL ESTATE LAW, CONSTRUCTION LAW, LABOR LAW & INSURANCE LAWWe advise and support you in all legal matters!NF Rechtsanwälte stands for precise, discreet and solution-oriented work. We adapt to the individual needs of each client.Our office is located...
DORDA Rechtsanwälte GmbH
Vienna, Austria

Founded in 1976
200 people in their team
German
English
DORDA Attorneys at Law. We deliver clarity. Our strengths are precision, innovation and flexibility. Our services in all areas of business law ensure our clients optimal clarity in their decision making. Our success is based on commitment and internationality. We nurture our cooperation with...

Founded in 1962
200 people in their team
German
English
The Courage to Guide our ClientsWe offer advice that is clear and solution-oriented, so that our clients can make the right decisions.We fight for the goals of our clients and achieve the results they need.The people of Binder GrösswangWe are outstanding specialists with an eye for the...

Founded in 2019
50 people in their team
German
English
My focusAre you looking for legal advice, do you have a legal problem or do you need legal assistance in the areas of real estate and commercial law? Due to my many years of work in a renowned, international commercial law firm in Vienna and in particular my specialization in the area of ​​real...

Founded in 2007
50 people in their team
German
English
Dr. Johannes Oehlboeck LL.M2008: Graduated as Doctor iuris, PhD, (with distinction)2008: European Trade Mark and Design Attorney2007: Registered in the List of Attorneys at Law, Member of the Austrian Bar Association.2000 to 2001: Postgraduate Diploma Course in IT Law (Master Thesis: “Access to...
AS SEEN ON

About Funds & Asset Management Law in Vienna, Austria

Funds and asset management law in Vienna, Austria, governs how investment funds are organized, managed, and regulated. The city is a leading financial hub in Central Europe, making it an attractive location for fund managers, institutional investors, and private clients. Regulations in Vienna aim to protect investors, maintain the integrity of the financial market, and support the efficient operation of funds ranging from mutual funds to private equity vehicles. Authorities such as the Financial Market Authority Austria (FMA) oversee compliance with national and European Union (EU) regulations to ensure high standards of transparency and investor protection.

Why You May Need a Lawyer

Funds and asset management law can be highly complex, especially given the overlap of local and EU regulations. Engaging a specialized lawyer is crucial for several reasons. Whether you are establishing a new investment fund, seeking licensing for asset management activities, or navigating cross-border investment rules, expert legal assistance can help you avoid pitfalls and comply with all necessary legal requirements. Individuals and entities commonly need legal support for drafting fund prospectuses, interpreting compliance obligations, handling disputes with regulators or investors, structuring tax-efficient funds, and managing regulatory investigations. A lawyer will guide you through the entire process, minimizing risks and ensuring your investments are protected.

Local Laws Overview

In Vienna, funds and asset management are regulated by a combination of national acts and EU directives and regulations. The most significant legal frameworks include the Investment Fund Act (InvFG), the Alternative Investment Fund Managers Act (AIFMG), and relevant tax legislation. These laws set out detailed rules on the authorization, operation, marketing, and reporting obligations of funds and asset managers. Adherence to anti-money laundering (AML) requirements and investor protection norms is mandatory. The FMA is the main supervisory body, granting licenses, monitoring compliance, and enforcing regulations. Managers must also comply with EU-level rules like the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive and the Alternative Investment Fund Managers Directive (AIFMD).

Frequently Asked Questions

What is the role of the Financial Market Authority Austria (FMA) in funds and asset management?

The FMA supervises and regulates the funds and asset management sector in Austria. It issues licenses, oversees compliance, and enforces laws to ensure the protection of investors and the stability of the financial market.

What types of funds can be established in Vienna?

Common fund types include UCITS funds, alternative investment funds (AIFs), real estate funds, private equity funds, and venture capital funds. Each fund type has unique rules regarding structure, management, and investor eligibility.

What legal steps are required to launch a fund in Vienna?

A fund must be authorized by the FMA, which involves submitting documentation such as the prospectus, fund rules, and information about fund managers. Compliance with both local and EU regulations is essential.

Are foreign funds allowed to operate in Vienna?

Yes, foreign funds can be marketed and distributed in Austria, but they must comply with local registration and notification requirements and adhere to regulatory standards set by the FMA.

What are the main compliance requirements for asset managers?

Asset managers must implement anti-money laundering measures, maintain transparency with investors, comply with regular reporting obligations, and adhere to rules regarding fiduciary duties and risk management.

How are fund managers taxed in Austria?

Taxation depends on the type of fund, investor residency, and the structure of investment income. Generally, funds are subject to corporate tax rules, and investors may have to pay withholding tax on distributions or capital gains.

What is the cost of legal services in funds and asset management?

Legal fees vary based on the complexity of your needs, the type of fund, and the level of service required. Many law firms offer fixed-fee packages for fund setup and ongoing compliance support.

What should I do if I face a dispute with a fund manager or investor?

Consult a lawyer with experience in dispute resolution and financial markets. They can advise on mediation, negotiation, or litigation and help you understand your rights and the most effective way to resolve the dispute.

Can individual investors benefit from legal advice in this area?

Yes, individual investors benefit from legal guidance on understanding fund structures, reviewing investment documentation, safeguarding their interests, and addressing grievances with fund managers.

How long does it take to set up a fund in Vienna?

The process can take several weeks to a few months, depending on the fund's complexity, the speed of document preparation, and the time required for regulatory approval by the FMA.

Additional Resources

- Financial Market Authority Austria (FMA): Regulates and oversees financial services, including funds and asset management in Austria - Austrian Economic Chambers (WKO): Offers information for businesses operating in Austria's financial sector - Austrian Investment Fund Association (VÖIG): Represents fund management companies and provides industry insights - Federal Ministry of Finance: Issues legislation and guidance relevant to the taxation and operation of investment funds - Austrian Bar Association (ÖRAK): Helps you find qualified lawyers in Vienna with expertise in funds and asset management law

Next Steps

If you require legal assistance in funds and asset management in Vienna, start by identifying your specific needs - whether it is fund setup, compliance, dispute resolution, or another issue. Gather all relevant documents and information before reaching out to a qualified lawyer or law firm with expertise in financial services law. Consider requesting an initial consultation to discuss your case and obtain a clear understanding of the scope of services and fees. Regularly monitor updates from regulatory authorities and maintain open communication with your legal advisor to ensure continued compliance with all applicable laws and regulations.

Lawzana helps you find the best lawyers and law firms in Vienna through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Funds & Asset Management, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Vienna, Austria - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.