Statistics Austria is obliged to continuously compile quarterly data on registrations of legal units and on bankruptcies from the first quarter of 2021 onwards. Legal base is EU regulation on European business statistics and on national level the Unternehmensdemografiestatistik-Verordnung. In Austria, the data is produced already from reference year 2019 on and published by aggregated economic activities (ÖNACE 2008) 40 days after the end of the respective reporting quarter.
A registration is the recording of a legal unit in the business register for administrative purposes (URV) under certain premises. In addition to the URV, the statistical business register (URS) represents a central database for the data on registrations. The data on bankruptcies are based on the judicial bankruptcy proceedings; the main source is the Judicial edict file of the Federal Ministry of Justice.