AUSTRIAN STRUCTURE
Choose the type of company you are changing board member in
Pursuant to the Austrian Act on Limited Liability Companies, a Limited Liability Company (in German: “Gesellschaft mit beschränkter Haftung”) may have one of the following organizational structures:
- One or more Managing Directors (in German: “Geschäftsführer”) and a Supervisory Board (in German: “Aufsichtsrat”).
- One or more Managing Directors only.
Please see, respectively, “Managing Directors” and “Supervisory Board” below for a more in-depth description of each board type, including how to change the respective board members.
For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in Austria on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in Austria.
Pursuant to the Austrian Stock Corporation Act, a Joint Stock Corporation (in German: “Aktiengesellschaft”) must have the following organizational structure:
- An Executive Board (in German: “Vorstand”) and a Supervisory Board (in German: “Aufsichtsrat”).
Please see, respectively, “Executive Board” and “Supervisory Board” below for a more in-depth description of each board type, including how to change the respective board members.
For a description of how to change the respective board members, please see the individual steps below.
As all information on how to change board members in Austria on the LCB Site by nature is generic (i.e. does not include specific requirements for listed companies, special requirements in statutory documents or as otherwise stipulated in any type of special law), we strongly recommend seeking legal advice before actually changing any board members in Austria.
