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Austria

Please see below for a summary of payment terms in Austria and the various industries across which payment term legislation appears. You can also download a summary of all Austrian payment terms by clicking the button below.

Please click here to view payment terms for the European Union.
Industries Laws Codes Notes
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

Through the Payment Default Act, sections 904, 907a and 1334 of the General Civil Code in Austria enact the EU Late Payment Directive (see European Union for details).
The law states that ‘grossly disadvantageous’ terms are prohibited and ‘a payment period of up to 60 days is by no means grossly disadvantageous’. Additionally where no term is specified in the contract the payment has to be made ‘without any undue delay’.

  • Government
  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
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NOTES

As at December 2021 Austria had not fully implemented the directive on unfair trading practices in business-to-business relationships in the agricultural and food supply chain (UTP), which was required by 1 May 2021 (See European Union for details).

  • Retail_agriculture

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