Termination of voluntary suspension

• Management accountancy professions – revival of professional licence – natural persons ^{German text}
• Management accountancy professions – revival of professional licence – firms ^{German text}

Persons and firms having temporarily withdrawn their licence to exercise their management accountancy profession on a self-employed basis and intending to resume the self-employed exercise of this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 authority will prohibit the resumption of this business activity under the corresponding conditions. A written notice must be issued about the prohibition of resumption. The accountant has the right to file a complaint against the decision of the authority at the federal administrative court ( Landesverwaltungsgericht) .

Persons who want to exercise management accountancy professions must meet the following requirements for being publicly appointed:

• 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.

Resumption of activity following voluntary suspension of licence must be refused if no supporting documents concerning the satisfaction of general requirements are submitted or if the general requirements for exercising the profession are not satisfied; or in cases of resumption of activity by a natural person after more than seven years of voluntary suspension unless primarily relevant activities were performed during this period.

Termination of voluntary suspension must be reported in writing without delay .

The President of the Austrian Federal Economic Chamber/Office of the Management Accountancy Authority ( → WKO ) ^{German text} ( Der Präsident der Wirtschaftskammer Österreich/Geschäftsstelle Bilanzbuchhaltungsbehörde)

The report can be submitted in writing to the competent authority.

• Documentary proof of identity;
• Certificates or supporting documents concerning satisfaction of requirements;

Reports are free of charge.

Section 41 paragraphs 4 to 9 of the Bilanzbuchhaltungsgesetz (BiBuG)

I have noted that the data provided by me, as well as any data received by the administration over the course of the preliminary investigation, will be automatically processed as per article 6, para. 1 lit. c and e of the General Data Protection Regulation in accordance with the underlying material laws of the legal process. Furthermore, I am aware that this is for the purpose of executing the legal procedure initiated by me, the granting of regulatory approval and also for the purpose of review. I have read the general information regarding: