Austria: The introduction of the FlexCo legal form has been so successful so far
The young legal form is intended to simplify the establishment of companies. Austrian Minister of Economy Hattmannsdorfer has now answered an inquiry about the progress of the reform. But the market is stalling.
Austria introduced the Flexible Capital Company (FlexCo) legal form in early 2024 to make it easier for founders to start businesses. As of August 25, 2026, 1953 FlexCos were registered in Austria, a significant increase from around 800 in January 2025. The new legal form allows for simplified employee participation in the company's economic success and more flexible management structures.
Despite the growth, the number of FlexCos remains relatively low compared to GmbH foundations. The Austrian government plans to evaluate and potentially further develop the FlexCo model.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
