Greece
Greece is an EU and eurozone member with a modernized tax framework, attractive incentives for foreign investors, and a strategic gateway to the Eastern Mediterranean and Balkans. Recent reforms have improved business setup, digital tax administration, and investor protections.
jurisdiction.fiscalFramework
jurisdiction.taxSystem
jurisdiction.corporateIncomeTax
22%
jurisdiction.valueAddedTax
24% (13% / 6% reduced)
jurisdiction.keyFeatures
- Standard 22% corporate income tax rate
- Participation exemption for qualifying EU and treaty dividends
- Patent box regime with reduced rate on qualifying IP income
- Non-dom and incentive regimes for qualifying individuals
- Loss carry-forward for 5 years
jurisdiction.treatyNetwork Greece has double tax treaties with more than 55 countries, including all major EU economies, the United States, and key trading partners.
jurisdiction.workforce
jurisdiction.employment
Greek labor law is harmonized with EU standards and provides a balanced framework for employment relationships, with a multilingual workforce strong in tourism, shipping, professional services, and increasingly technology.
jurisdiction.socialContributions Total employer social contributions approximately 22% of gross salary, with employee contributions around 13.87%, covering pension, health, and unemployment.
jurisdiction.keyRequirements
- Written employment terms mandatory and registered via ERGANI
- National minimum wage set by government decision
- Standard working week of 40 hours
- Minimum 20 working days annual leave
- Termination subject to notice and severance rules
jurisdiction.establishingPresence
jurisdiction.companyFormation
jurisdiction.entityTypes
- IKE (Private Company)
- EPE (Limited Liability Company)
- AE (Société Anonyme)
- Branch Office
jurisdiction.typicalTimeline
1-3 weeks
jurisdiction.capitalRequirements
IKE: EUR 1 minimum share capital; EPE: EUR 2,400; AE: EUR 25,000 minimum share capital.
jurisdiction.compliance
jurisdiction.regulatoryEnvironment
jurisdiction.keyRegulators
- AADE (Tax Authority)
- GEMI (Business Register)
- HCMC (Capital Market Commission)
- Bank of Greece
jurisdiction.complianceNotes
- Full EU regulatory compliance
- myDATA e-books and e-invoicing platform mandatory
- Transfer pricing documentation required
- GDPR and EU directive compliance
jurisdiction.localExpertise
jurisdiction.ourPresenceIn Greece
We support clients in Greece through our regional network and trusted local partners, delivering coordinated tax, accounting, and advisory services aligned with our core jurisdictions.
jurisdiction.otherJurisdictions
common.getStarted
jurisdiction.ctaTitlePrefix Greece jurisdiction.ctaTitleSuffix
jurisdiction.ctaDescPrefix Greece.
common.contactUs