Limited Liability Companies
Pursuant to the Austrian Act on Limited Liability Companies a Limited Liability Company (in German: “Gesellschaft mit beschränkter Haftung”) may have one of the following organizational structures:
- One or more Managing Directors (in German: “Geschäftsführer”) and a Supervisory Board (in German: “Aufsichtsrat”).
- One or more Managing Directors only.
Joint Stock Corporations
Pursuant to the Austrian Stock Corporation Act a Joint Stock Corporation (in German: “Aktiengesellschaft”) must have the following organizational structure:
- An Executive Board (in German: “Vorstand”) and a Supervisory Board (in German: “Aufsichtsrat”).
Please see, respectively, “Managing Directors”, “Executive Board” and “Supervisory Board” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.
Cerha Hempel Spiegelfeld Hlawati Partnerschaft von Rechtsanwälten (CHSH) has provided all input about changing board members in Austria.
CHSH is one of Austria’s leading corporate law firms, with an integrated practice in Central and Eastern Europe. With a team of over 170 lawyers, CHSH guarantees its clients experience and expertise in all areas of corporate and commercial law, both in Austria and Central and Eastern Europe.
For more information about CHSH and changing board members in Austria, please use the below contacts:TEL: +43 1 514 35 561