Business law in Austria
Legal Framework
- Independence of Justice
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The judicial system is independent in Austria.
- Equal Treatment of Nationals and Foreigners
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Foreign nationals in Austria enjoy treatment at par with the locals from the country's judicial system, including commercial disputes.
- The Language of Justice
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The judicial language is German which is accepted nationwide, although some of the states also have their own additional official languages.
- Recourse to an Interpreter
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Possible
- Sources of the Law and Legal Similarities
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The Austrian laws are based on the constitution of 1920 (revised in 1929 and reinstated in 1945); originating from Roman laws and judicial reviews of legislative acts by the Constitutional Court.
Austria being a member of the European Union, the laws in the country need to comply with the conditions of the Community legislation. Austria accepts compulsory ICJ jurisdiction.
- Checking National Laws Online
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Legal Information System of the Republic of Austria (RIS)
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Latest Update: November 2024