Departure Managing Director under Trade Law

General Information

Departure of the managing director under trade law must be reported by the holder of the trade licence to the competent authority.

Reported departure will result in the managing director being deleted from the Austrian Business Licence Information System.

Enterprises Affected

Any company whose managing director appointed under trade law ceases employment

Requirements

See General Information

Deadlines

Report must be filed, without delay, upon departure.

Competent authority

Trade authority locally competent for the business location in question and/or for the location of additional places of business:

Procedure

Departure of the managing director under trade law may be reported – either with or without the use of an official form – personally, in writing or by electronic means.

An informal report shall include the following information:

  • Name and designation of company
  • Primary location or location of an additional place of business (branch office)
  • GISA-number
  • Name of the departing managing director
  • Exact date of departure

Required documents

Official ID document

Costs and fees

No fees or taxes are incurred

Further information

Upon departure of the managing director appointed under trade law, legal persons and commercial partnerships must appoint a new managing director under trade law and report this appointment to the competent authority.

The deadlines will be reduced by the competent authority if

  • the continued exercise of a trade without managing director constitutes a special risk to human health or life, or
  • in the past two years prior to departure of the managing director the trade was carried on without a managing director for an aggregate of more than six months.

Legal bases

Sections 9, 16, 39 and 47 of the Gewerbeordnung 1994 (GewO 1994)

Expert Information

No expert information is available.

Link to form

Online-procedure:

Managing director – departureGerman text
Necessary for online procedure: GISA-number (e.g. 123456/g/06/07 – can be found in the GISA-extract and in notifications sent by the trade authority), companies register number or social security number

Last update: 18 January 2021

Responsible for the content: Federal Ministry for Digital and Economic Affairs