Insurance Broker (Versicherungsvermittlung)
Key Facts
- Type: RELIABILITY TRADE — cannot start immediately!
- Two types: Agent (Versicherungsagent) vs. Broker (Versicherungsmakler)
- Mandatory: Professional liability insurance REQUIRED
- Ongoing: 15h/year continuing education (IDD directive)
- Anti-money laundering: GwG compliance required
Agent vs. Broker
| Type | German | Represents |
|---|---|---|
| Agent | Versicherungsagent | One or more insurance companies |
| Broker | Versicherungsmakler | The customer (independent) |
Qualification: how to prove it
Versicherungsvermittlung is a regulated trade under §94 Z.76 of the Austrian Trade Act (GewO 1994). The standard route is the qualification exam (befähigungsprüfung).
- Examined by: Meisterprüfungsstelle WK
- Exam fee: €0 — exam fees are covered by the federal government
If you cannot sit the exam, these routes are open to you:
- Einschlägige Ausbildung + Berufspraxis
- Individual assessment under §19 GewO
- Appointing a qualified managing director
Registering the trade
- Cost: Free — registration itself carries no fee
- Where: District administrative authority (Bezirksverwaltungsbehörde)
- Decision within: max. 3 months (includes a reliability check)
- Typically takes: 2-6 Wochen (Zuverlässigkeitsprüfung)
You can register in these ways:
- Online via GISA (the trade register)
- Online via USP (the business service portal)
- In person at the authority
Who may register
- Minimum age: 18
- Citizenship or residence: Austria, EU, EEA or Switzerland
- Clean record: no disqualifying convictions (checked by the authority)
Documents to bring
- Photo ID
- Certificate of competence (Befähigungsnachweis)
- Proof of liability insurance
- Criminal record certificate
Terms shown in German are the ones printed on the Austrian forms — you will meet them exactly like this at the authority.
Where to go, by province
| Province | Competent authority |
|---|---|
| Styria | Bezirkshauptmannschaft / Magistrat Graz |
| Tyrol | Bezirkshauptmannschaft / Magistrat Innsbruck |
| Carinthia | Bezirkshauptmannschaft / Magistrat Klagenfurt/Villach |
| Burgenland | Bezirkshauptmannschaft |
| Vorarlberg | Bezirkshauptmannschaft / Magistrat Bregenz |
Sole trader, GmbH, or partnership?
Trade law does not prescribe a legal form — but it does draw one line. Under § 9 (1) GewO, legal entities and registered partnerships (GmbH, OG, KG) may hold a trade licence, but they „must have appointed a managing director (§ 39)“ — a named person who carries the qualification and the legal responsibility for the trade. As a sole trader you are that person yourself.
Whether a GmbH pays off financially depends on profit, drawings, SVS contributions and allowances. There is no general profit threshold, and that question belongs to a tax adviser, not to this page.
Running this trade alongside a job
Nothing in Austrian law forbids running a trade as a side business. Two things about social insurance are regularly misremembered, and both cost money.
- The obligation follows Chamber membership, not profit. Under § 2 (1) 1 GSVG compulsory SVS insurance attaches to membership of the Economic Chamber, which you acquire with the trade licence itself. It therefore applies in a year in which you make no profit at all.
- There is an exemption — but only on application. § 4 (1) 7 GSVG lets very small businesses be exempted while turnover and income stay under the limits it refers to. Nothing happens automatically: without the application, the obligation stands.
If you are employed, check your employment contract separately for a secondary-activity clause — that is a matter between you and your employer, not trade law.
Legal basis: GewO 1994 §94 Z.76 . Last reviewed April 2026. This is not legal advice.