Austria: Nominee Arrangement Reporting Requirements
Austria has introduced explicit regulation of nominee arrangements under Section 2a of the Beneficial Owners Register Act (WiEReG). The framework defines nominees, nominee directors and nominators, and requires that all nominee arrangements at the reporting entity level be disclosed, irrespective of their effect on beneficial ownership. Reporting entities under Section 1 paragraph 2 WiEReG must comply with these obligations. The legal framework became effective on 1 January 2025, with mandatory reporting of all nominee arrangements applying from 1 October 2025.
Reporting varies by circumstance. Previously exempt entities must submit a UBO filing within four weeks if they become subject to reporting due to a nominee arrangement. For all other reporting entities, nominee arrangements must be included in the next regular filing. Any subsequent change regarding nominees, nominee directors or nominators must be reported within four weeks.
Key changes and requirements
Entities must maintain documentation of nominee agreements, including agreement details, personal identification information for individual parties, and formal data for legal entities. Evidence and declarations regarding the arrangements, including information on the nominator’s economic owners, must be retained. Public register filings are made directly to the UBO register via the Unternehmensserviceportal (USP) portal - Austria’s central online platform for companies to interact digitally with government authorities
How can we help?
Computershare’s Global Entity Compliance team of professionals can provide further information regarding UBO and nominee arrangement reporting requirements. We can also help maintaining accurate entity data and through the GEMS platform.
Contact:
Please contact your dedicated Computershare Relationship Manager or send an email to #GLCGSGECNetworkManagement@computershare.com for more information about how Computershare may assist you in responding to these new requirements.
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