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Management Accountancy Professions – Voluntary Suspension of Licence

General Information

Persons and firms are entitled to voluntarily and temporarily withdraw their licence to exercise their management accountancy profession on a self-employed basis. This will result in a suspension of their professional licence.

Requirements

The voluntary suspension of a licence must be reported to the competent authority.

Deadline

Cases of voluntary suspension must be reported to the competent authority without delay.

Competent Authority

The President of the Austrian Federal Economic Chamber/Office of the Management Accountancy Authority (→ WKO)German text (Der Präsident der Wirtschaftskammer Österreich/Geschäftsstelle Bilanzbuchhaltungsbehörde)

Procedure

The report must be submitted in writing to the competent authority.

Documents Required

No special documents are required.

Expenses

Reports are free of charge.

Legal Basis

Section 41 paragraphs 1 and 2 of the Bilanzbuchhaltungsgesetz (BiBuG)

Expert Information

No expert information is available.

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last update: 18 January 2021

responsible for content: Federal Ministry for Digital and Economic Affairs