Austrian company law

§ 48 Grant of Prokura

§ 48 UGB — Erteilung der Prokura

(1)A Prokura may be granted only by an entrepreneur entered in the company register, or by the entrepreneur’s legal representative, and only by express declaration.

(1)Die Prokura kann nur von einem in das Firmenbuch eingetragenen Unternehmer oder seinem gesetzlichen Vertreter und nur mittels ausdrücklicher Erklärung erteilt werden.

(2)It may be granted to several persons jointly (joint Prokura).

(2)Die Erteilung kann an mehrere Personen gemeinschaftlich erfolgen (Gesamtprokura).

← § 29 Distinguishability of the company name § 49 Scope of Prokura →

Cite as: “BCA Unternehmensberatung, English translation of § 48 UGB, bcaun.at/en/law-library”. German text as of 30 October 2026; translation edited by Alexander Baranov.

Unofficial translation, information only. Only the German text is legally binding. This is not legal advice. Austrian law depends on your specific facts — confirm the current position with the competent authority or a qualified adviser before acting.

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