ARTICLE
4 September 1997

A Boost For Business - Reforms In 1997

AB
Austrian Business Agency

Contributor

Austrian Business Agency
Austria Antitrust/Competition Law
Early 1997: Flexible work hours

  • Work around the clock, 365 days a year
  • Savings on overtime and Sunday surcharges through compensatory time

Summer: Trade Law

  • New expedited procedure for facility approvals
  • 80% of approvals within three months

Fall: Phone rates

  • Choice of multiple rate schedules
  • Modem-rates (Internet) fall from 67 to 16 groschen (5.2 to 1.2 cents) per minute

Winter: Immigration laws

  • Guaranteed entry for managers and specialists of international firms

Visit Austrian Business Agency's website at http://www.telecom.at/AustrianBusinessInfo or enter a text search 'Austrian Business Agency' and 'Business Monitor'.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More