Chambers Global Practice Guide – International Arbitration – Austrian Chapter

1. General

1.1 Prevalence of Arbitration

Austria has long been established as a European hub for international arbitration and Vienna ‒ in particular, as the capital city – is a preferred venue for arbitrations related to the SEE and CEE regions. The legal community boasts a number of arbitration specialists providing high-end counsel and arbitrator services. The Vienna International Arbitral Centre of the Federal Economic Chamber (VIAC) provides excellent and efficient administration of international arbitrations. The relevance of Austria as a seat for arbitrations and a significant arbitration hub is reflected by the presence of a regional office of the Permanent Court of Arbitration (PCA) in Vienna.