Existing user? Sign in
Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Venture capital law in Austria governs how venture capital funds are formed, managed and invested in start-ups and growth companies. In Herzogenburg, as in the rest of Lower Austria and Austria, there are no separate municipal VC laws; the framework is national and EU oriented. The key statutes and regulator requirements shape how funds raise capital, structure investments and exit portfolio companies.
Austrian venture capital regulation focuses on fund management, investor protections, and corporate governance of portfolio companies. The Financial Market Authority (FMA) supervises funds and fund managers, while civil and corporate law guides how investments are negotiated and deployed. Understanding these rules helps local founders in Herzogenburg align with fund expectations and regulatory requirements.
The Austrian framework implements EU rules for investment funds and managers through InvFG and AIFMG, aligning Austrian practice with EU standards.
Source: FMA and Austrian legal portals provide ongoing guidance on InvFG and AIFMG compliance. For formal texts, see the Austrian Legal Information System and FMA resources: FMA and RIS - Rechtsinformationssystem des Bundes.
Hiring a lawyer is advisable in several concrete scenarios common to Herzogenburg and the surrounding Lower Austria region. These examples illustrate practical legal needs beyond general business advice.
Key note: InvFG interacts with EU guidance on funds and is implemented through the Austrian regulator and the Austrian legal system. For the current text and amendments, see the RIS portal: RIS - Investmentfondsgesetz.
For regulatory updates and enforcement, the Austrian FMA provides guidance: FMA.
Practical implications include drafting shareholder agreements and board arrangements that comply with Austrian corporate law. See RIS for consolidated texts of these acts: RIS - Austrian Corporate Law.
Venture Capital Law in Austria governs how funds are formed, marketed, and managed, and how they invest in start-ups. It combines InvFG and AIFMG requirements with corporate law rules for portfolio companies. Legal counsel helps ensure compliance and clear, enforceable agreements.
Begin with a solid business plan and identify whether you will be a fund manager or invest as a fund. You will need licensing under InvFG or AIFMG, a detailed prospectus, governance documents, and investor disclosures. Engage a lawyer early to prepare the fund documentation and regulatory filings.
InvFG covers investment funds including some venture vehicles and their marketing. AIFMG regulates fund managers operating alternative investment funds and requires licensing and governance standards. Both shapes how funds raise money and operate in Austria.
Yes. Cross-border deals implicate Austrian corporate law, fund regulation, and tax considerations. A local lawyer helps structure deals to meet Austrian and EU requirements and coordinates with foreign counsel.
Formation typically ranges from 6 to 14 weeks, depending on licensing, document completeness, and regulatory review. Complex funds with multiple investors may take longer. A lawyer can timeline milestones and coordinate with authorities.
Costs vary by matter complexity, but expect hourly rates from €180 to €350 for associates and €350 to €650 for partners. Flat-fee arrangements are common for specific tasks such as term sheet drafting. Ask for a written engagement letter with a budget cap.
Yes, Austrian start-ups can apply to aws Gründerfonds or related AWS programs for funding. These programs typically require business plans, financial projections and demonstration of growth potential. A lawyer can help prepare the application and governance terms.
A term sheet outlines economic and control terms before a binding agreement. Common Austrian terms include valuation, equity split, liquidation preference, anti-dilution, and board representation. A lawyer ensures terms are clear and enforceable.
Most traditional venture funds will fall under InvFG or AIFMG regimes, requiring regulatory notification or licensing. Depending on fund structure, you may need to register with the FMA and comply with reporting duties. A lawyer can map your exact obligations.
Closing a VC investment typically takes 4 to 12 weeks after term sheets, depending on diligence, financing conditions and regulatory approvals. A structured timeline helps manage expectations and maintain momentum.
The FMA supervises fund managers and investment funds to ensure compliance with Austrian law and EU directives. It handles licensing, reporting, and enforcement actions if rules are breached. Cooperation with the FMA is essential for regulatory clearance.
Venture capital typically targets early-stage companies with higher growth potential, while private equity often invests in more mature businesses. Both operate under Austrian corporate and fund rules, but risk profiles and deal structures differ.
Website: FMA
Website: AWS
Website: RIS
Lawzana helps you find the best lawyers and law firms in Herzogenburg 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 Venture Capital, 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 Herzogenburg, 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.
