Austria (AT)

Jurisdiction Overview

237 *Are the settlors/founders named? Yes, a natural person (beneficial owner) has to be registered.
 Data Date: 2018


According to the 2018 Global Forum review, "The Beneficial Ownership Act, which is also taken over by the FMAML Act (which applies to financial institutions), defines the beneficial owners of foundations as: the founders; the members of the management board of the foundation; the beneficiaries, the circle of beneficiaries; and any other natural person exercising ultimate control over the foundation by other means" (GF 2019: 51).


GF 2013: 52-53; GF 2018: 51