Austria (AT)

Jurisdiction Overview

206 *Is any formal registration required at all? TRUSTEE: Only domestically managed trusts have to register (both foreign and domestic law trust).
 Data Date: 2019


"The Register of Beneficial Owners now establishes a central register for recording the beneficial owners of companies, foundations and trusts, in implementation of Arts. 30 and 31 of the 4th Anti-Money-Laundering Directive" ( According to the 2018 Global Forum review, "Under the Beneficial Ownership Register Act, foreign trusts managed from within Austria and other arrangements of similar nature to trusts (i.e. Treuhand) must register their beneficial owners in the Beneficial Ownership Register" (GF 2018: 48). However, it is our understanding that in both cases it refers to domestically-managed trusts (Beneficial Ownership Act: Sections 1, 2, 17 and 18).

GF 2015: 36-37; GF 2011: 29-30; GF 2013: 45-46; GF 2018: 48; Beneficial Ownership Act: Sections 1, 2, 17 and 18