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Glossary

Compulsory insurance under the Act on Social Insurance for Commerce and Trade

The Act on Social Insurance for Commerce and Trade (Gewerbliches Sozialversicherungsgesetz, GSVG) governs compulsory insurance of all persons qualifying as “self-employed“.

Compulsory insurance under the Act on Social Insurance for Commerce and Trade

The Act on Social Insurance for Commerce and Trade (Gewerbliches Sozialversicherungsgesetz, GSVG) governs compulsory insurance of all persons qualifying as “self-employed“.

The following groups of persons are such insured under the GSVG:

Self-employed persons
New self-employed

Natural persons who are members of the Austrian Federal Economic Chamber
- Sole traders with a trade licence
- Persons working under a contract for work/services with a trade licence
- Partners of a general partnership (OG) if the partnership is a member of the Austrian Federal Economic Chamber
- Limited partners of a limited partnership (KG) if they are a member of the Austrian Federal Economic Chamber
- Partners or managing directors of a limited company (GesmbH) if the company is a member of the Austrian Federal Economic Chamber

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