Greece

How long does it take to register a company in Greece?

In Greece, a limited liability company can be registered within 3 weeks, with just 1 shareholder and 1 director.

What are the prerequisites to form a stock corporation in Greece?

A stock corporation in Greece can be formed by a minimum of 2 individuals or corporate entities, with a minimum share capital of €60,000.

What is the corporate income tax in Greece?

The corporate income tax in Greece is 29%. Foreign companies in Greece are taxed only on the income that is generated in the country.

What is the difference between accounting and bookkeeping?

Accounting is the process of interpreting, classifying, analyzing, reporting and summarizing financial data whereas bookkeeping is the process of recording the financial transactions.

What is IFRS?

IFRS stands for International Finance Reporting Standards. Earlier it was known as IAS (International Accounting Standards). It was established to maintain a transparency and stability throughout the financial world. This would help foreign investors to understand business prevailing in different countries.

What are the accounting standards in vogue in Greece?

In Greece, a company may follow International Finance Reporting Standards (IFRS) or Greek Generally Accepted Accounting Principles (GAAP).

How do I avail accounting and bookkeeping services in Greece?

The initiate the process or get started, just contact us. Our business experts will guide you through the entire accounting process. Once engaged, we will perform the necessary processes and help you in dealing with accounting and bookkeeping services.

What are the types of company formation in Greece?

In Greece, one may choose to incorporate a company as one of the following legal entities:

  • Limited Liability Company
  • Branch of a Foreign Company
  • General Partnership
  • Limited Partnership
  • Private Capital Company

What is WIPO?

WIPO refers to the World Intellectual Property Organization. Established in 1967 and headquartered in Geneva, is one of the specialized agencies of UN, promotes creativity and delivers IP Protection Services to provoke individuals and businesses to innovate.

What are the types of IP rights under legislative protection in Greece?

In Greece, the intellectual property protection for the following types of creations may be sought:

  • Copyright and related rights
  • Patents and utility models
  • Trademarks
  • Plant varieties
  • Topographies of semiconductor products
  • Business methods
  • Supplementary protection certificates for pharmaceuticals
  • Biotechnological inventions
  • Industrial Designs

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