Starting a Business Registration Quiz

Questions and Answers

Which category of individuals does not require an additional employment permit for self-employed activities under the AsylG?

Individuals with subsidiary protection status (correct)

Recognised refugees (correct)

Individuals with residence permit for exceptional circumstances

Asylum seekers

What is the maximum duration for employment that Selma may be permitted to seek when holding a visa for third-country students?

20 hours/week (correct)

10 hours/week

30 hours/week

40 hours/week

Under which section of the GewO is a qualification required for engaging in regulated trades?

§ 94 GewO

§ 8 GewO

§ 16 GewO (correct)

§ 54 GewO

Which of the following does NOT fall under the categories of individuals addressed by the AsylG?

Temporary workers Signup and view all the answers

Which type of employment does not require an additional permit for Selma if she is engaged in it?

Academic research and teaching Signup and view all the answers

What need must Selma fulfill to seek an extension for her student visa?

Prove successful pursuit of studies Signup and view all the answers

Which of the following individuals is likely to require an additional employment permit for their economic activities?

Asylum seekers whose procedure is admitted Signup and view all the answers

Which aspect of the AsylG allows recognised refugees to engage in the same economic activities as Austrian nationals?

Rights and privileges Signup and view all the answers

What is a necessary requirement for a company to start trading in Austria if they are not residents?

They need to appoint a manager under the Trade Act. Signup and view all the answers

Which statement is true regarding the decision to establish a company in Austria?

They must decide whether to act as sole proprietors or establish a company. Signup and view all the answers

What is a sole proprietorship defined as in the Austrian legal context?

A single natural person operating a business under their own name. Signup and view all the answers

In Austria, what must a person hold to start a regulated trade if they lack the necessary qualification?

A management appointment compliant with the Trade Act. Signup and view all the answers

What is a critical factor when appointing a manager for a company?

The manager must fulfill minimum requirements related to their role. Signup and view all the answers

When completing the trade license application, what critical decisions must Selma and Sebastian make?

Whether they will apply as a partnership or as sole proprietors. Signup and view all the answers

What is the implication of starting a business without a proper service for administrative sanctions in Austria?

It complicates the enforcement of administrative penalties. Signup and view all the answers

Which factor does NOT influence the type of company Selma and Sebastian might establish in Austria?

The number of employees they wish to hire initially. Signup and view all the answers

What are the primary criteria for being eligible to start a business in the context of registration and permission requirements?

Full legal age, citizenship of an EU/EEA state or equivalent status Signup and view all the answers

What challenge might third-country nationals face related to self-employed commercial activities?

Restrictions based on the type of residence permit held Signup and view all the answers

Which act details the rules for different residence permits and the permissibility of self-employed activities?

Settlement and Residence Act Signup and view all the answers

What must many types of residence permits require in addition to being granted to work?

An additional employment permit issued by the Public Employment Service Signup and view all the answers

In which instance might a residence permit be insufficient for self-employment?

If self-employed activities are not covered under the permit Signup and view all the answers

Which of the following is NOT a specific category addressed in residence permits?

Students on exchange programs Signup and view all the answers

Which government body is responsible for issuing the additional employment permit required for many residence permits?

Public Employment Service Austria Signup and view all the answers

What does § 8 NAG specifically list regarding residence permits?

Types of residence permits and their rules Signup and view all the answers

Study Notes

Starting a Business – Registration and Permission Requirements

Full legal age and capacity is generally not an issue when starting a business, but verifying citizenship or residence status can be crucial.
EU/EEA citizenship or equivalent international law status is required for compliance in starting a business.
Third-country nationals must ensure their residence permit allows self-employed activities; these rules are delineated in the Settlement and Residence Act (NAG) and the Asylum Act (AsylG).
NAG §8 outlines 13 types of residence permits, each with specific employment/self-employment regulations.
Additional employment permit (Beschäftigungsbewilligung) may be needed for many residence permits; issued by Public Employment Service Austria (AMS).
Asylum seekers and individuals with recognized refugee status can engage in economic activities comparable to Austrian nationals.
Temporary residence permits for asylum seekers require additional permits for employment but allow for self-employment.
Selma, with a student visa (NAG §64), would require an employment permit for jobs exceeding 20 hours/week; academic employment has different rules.

Specific Requirements for Regulated Trades

Regulated trades (reglementierte Gewerbe) require specific qualifications as outlined in GewO §94.
Individuals or companies without full legal capacity or residency in Austria must appoint a qualified manager who oversees trade regulation compliance.
This manager must satisfy requirements related to their role and influence over company operations if starting a regulated trade.

Company Law (Gesellschaftsrecht)

Determining the name under which a business application is filed is crucial before starting a business.
Entrepreneurs must decide whether to operate as sole proprietors or establish a formal company structure before submitting applications.
Different types of companies are recognized under Austrian law; this choice affects legal and operational responsibilities.
A sole proprietorship (Einzelunternehmen) refers to an individual operating a business independently in their own name.

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Description

Test your knowledge on the registration and permission requirements for starting a business. This quiz covers legal age, citizenship, and specific eligibility criteria for self-employed individuals in the EU and EEA. Get ready to ensure you meet all necessary conditions to launch your venture!