Chartered Accountants - exercise - termination of voluntary suspension

General information

Persons and firms having withdrawn their licence to exercise their chartered accountancy profession on a self-employed basis and intending to resume the self-employed exercise of this profession must report termination of suspension in writing to the competent authority.

The competent authority will issue a written decision prohibiting the resumption of this activity if the necessary requirements are not met.

Required documents

Supporting documents concerning the satisfaction of general requirements.

Deadlines

Termination of voluntary suspension must be reported to the Chamber of Tax Consultants and Accountants without delay.

Costs

Reports are free of charge.

Legal basis

Procedure

The report may be submitted personally or in writing to the competent authority.

Prerequisites

In order to be able to terminate voluntary suspension, the persons concerned must meet the following requirements:

  • Full legal capacity
  • Special trustworthiness
  • Well-ordered finances
  • Valid errors and omissions insurance policy
  • Existing office address and
  • A successfully passed professional examination for the accountancy profession in question

PLEASE NOTE If the licence holder submits to the Chamber of Tax Consultants and Accountants a written declaration that she/he will exercise the chartered accountancy profession only on the basis of salaried employment, she/he will be exempted from having an errors and omissions insurance policy for the period of such employment.

Resumption of the self-employed exercise of a chartered accountancy profession will be prohibited in the following cases: no supporting documents concerning the satisfaction of general requirements are submitted or the general requirements for exercising the profession are not satisfied or a natural person wants to resume activity after more than seven years of voluntary suspension.

PLEASE NOTE Prohibition of resumption on grounds of non-exercise of the profession for more than seven years may be waived provided the licence holder performed primarily relevant activities during this period. Unless the licence holder performed primarily relevant activities, her/his resumption of professional activity after more than seven years of voluntary suspension will be subject to an oral examination.

Responsible department

Chamber of Tax Consultants and AccountantsGerman text [Kammer der Steuerberater und Wirtschaftsprüfer]

Further Information and Online-Form

Chartered accountants - exercise - termination of voluntary suspension

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