Our new CdH hosting partner took the opportunity to welcome the Trade Delegates to an afternoon at the Deloitte offices in Vienna...

... starting with an overview presentation, given by Mag. Herbert Kovar, the club's newly appointed  Deputy Secretary-General

In 1849, William Welch Deloitte opened an office in London. He was the first person to be appointed independent auditor of a public company. Nowadays Deloitte is one of the "Big Four" consultants and the second largest professional services network in the world by revenue and the largest by the number of professionals. Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 225,400 professionals globally and about 1200 employees in nine offices across Austria. Clients benefit from high quality services through top experts on site plus profound insights from their industry lines. Deloitte defines itself as a smart initiator for the positive development of the business location Austria and actively contributes to its strength through broad accumulated expertise.

In the presentation special emphasis was laid on R&D incentives in Austria, because this is a really unique Austrian usp for companies, as Florian Laure, specialist for R&D tax credits at Deloitte Austria, explained. Whoever carries out research in Austria pays lower taxes: this applies to all companies in Austria. Companies are entitled to claim a 12 percent research premium, paid in cash, on in-house research expenditure as well as contract research. Moreover, direct funding is granted by three public institutions constituting an important success factor underlying Austria?s innovation system. DI Jan Martin Freese, Deloitte expert for these funding instruments can be contacted for detailed questions regarding regional, national and international funding options in Austria. Further advantages for Austrian companies are the holding privilege and group taxation.

But this afternoon was not only about facts and figures. As a kind of testimonial Deloitte customer  Mag. Thomas Fiedler gave insights into "The Charm of Austria for Business" and explained why companies - especially startups - should establish a business in Austria. Arguments for Austria are not only the broad offer of subsidies, but, from his point of view, also the political stability, access to well educated staff, the high standard of living, the good ratio between income and cost of living and the fruitful start-up ecosystem, including the business angel scene.

In a guided tour at roof top level, Deloitte Human Capital partner, Mag. Christian Havranek, showed the Deloitte "Smart Working" concept to the Trade Delegates: an innovative working environment with different zones (quiet places, co-working spaces and so on) instead of individual working places ? the way we will work in the next ten years.

After that very interesting and inspiring tour through the new world of working, the Trade Delegates had the opportunity for networking and discussion with Deloitte experts by light refreshments.



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