Banking and Finance (27)

Corporate Law (20)

Employment (15)

Insolvency and Restructuring (20)

Real Estate (16)

Tax Law (19)

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Terms found Action for the restoration of ownership Amended dismissal Annuity Appeal against a decision Asset Assignment of Claims (Cession) Austrian Public Employment Service (AMS) Banking secrecy Bankruptcy proceedings BaSAG Book value / carrying amount Branch Brokerage Agreement Building Law Business Business entity Call for Tenders Capitalisation Casual Employment Certification Change in Operations Collective Bargaining Agreement Company Agreement Company Pension Comparison of business assets Compensation Compliance Compulsory enforcement Consumer Protection Act Corporate Reorganisation Act (URG) Corporation Covenants Debt restructuring Debtor Declaration of consent Decree Deferral Discount Dividend Double taxation Double-entry bookkeeping Easement Employee Stock Ownership Equity Equity loan Factoring Fees Act Financial plan Foreclosure sale Foreign-currency loan General partnership General Protection Against Dismissal Global assignment GmbH Group taxation Guarantee Guarantee credit Hidden reserves Hire Purchase Insolvency Insolvency Act Insolvency administrator Insolvency estate Insolvency register Inspection of the Land Register Inventory Land Register Letter of comfort Lien Limited partnership Liquidation Loan Loss Carryforward Maternity leave Merger Natural person Nominal value Option Outsourcing Part-time work Partnership Personal insolvency Pledge principle Preliminary decision on an appeal Progression Prohibition of alienation and encumbrance Prohibition on the repayment of deposits Property income tax Provision Proxy Public Limited Company Reallast Repayment Restriction on Transfer Restructuring proceedings Retention of title Revision Right of first refusal Right of retention Rights in rem Self-consumption Severance Pay Severance Pay new Severance Pay old Shareholder loans Short-time work Silent partnership Skimming procedure Social Plan Sole Proprietorship Standard value Stock Subscription right Superstruction Supervisory Board Tenancy agreement Works Council

Employee Stock Ownership

Until January 1, 2024, employee stock ownership plans were largely limited to stock corporations, as implementing them in limited liability companies (GmbHs) involved considerable effort and required employees to have a say in company matters. With the introduction of non-voting corporate value shares in the flexible corporation, there is now an instrument that is particularly well-suited for issuance to employees. In this context, it is also important to note a tax change: Previously, equity shares issued to employees were immediately subject to taxation at the employee level—regardless of whether the employees subsequently sold the shares. As a result, employees might have had to pay taxes without simultaneously receiving any cash proceeds from the sale of the shares. In the case of the transfer of shares to employees of “startups” (as defined in more detail in the law) without consideration, it is now provided that taxation will not occur immediately, but only upon the occurrence of certain circumstances (in particular, upon the sale of the shares by the employee). In addition, taxation is applied on a flat-rate basis to 75% of the value, at a fixed rate of 27.5%. The remaining 25% is taxed at the regular rate.

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