GREECE GREECE SERVICES

Business Set Up in Greece

Want to take your business to the next level by expanding your footprint in Greece? Enterslice is a one-stop destination that will help you with your business setup and expansion services.

Benefits of Doing Business in Greece

 

High-quality logistics and communication infrastructure

Highly educated and talented workforce

Strong entrepreneurial traditions

Low cost of labor

Exempts import duties on goods manufactured in the UK

Tax Incentives

Well-developed infrastructure

Liberal regulatory environment

Investment-friendly incentives

Different Types of Business Structures in Greece

 

Limited Liability Company

LLC is one of the most common types of business structures, especially for establishing a small and medium-sized business. In Greece, one can opt for an LLC business structure with at least one shareholder and one director. This may be an individual or a legal entity regardless of their nationality. The liability of the shareholders shall be limited to the amount of capital invested by them.

Private Company

Just like a limited liability company, this business entity also requires just one shareholder and one director who may be an individual or a legal entity regardless of their nationality. The difference between these two business structures is that in this case the entity can be set up with a share capital of just 1 euro.

Partnership

Investors can register either general partnerships or limited partnerships. In the case of general partnerships, members don’t have limited liability, unlike limited partnerships. Therefore most foreign investors in Greece prefer a limited liability partnership which is more flexible and comes with the assurance of limited liability in terms of debts and obligations. A minimum of two members should register a partnership, with a minimum share capital of 1,000 Euros.

Public Limited Company

This business structure mandates one shareholder and 3 directors who may be individuals or legal entities regardless of their nationality.

Branch Office

Branch Office in Greece can be set up with one shareholder and one director. The parent company shall be held responsible for the activities of the branch office as the branch office doesn’t get registered as a separate legal entity.

Representative Office

Representative Office is set up to promote its parent company’s products and services and to carry out market research. It cannot perform any profit-making or commercial activities.

Different Types of Taxes in Greece

 

Individual Tax

Income Tax

Social Contributions

Value-Added Tax

Withholding Tax

Tax on Movable Property

Inheritance and gift tax

Real Estate Transfer Tax

Stamp Duty

CFC Rules

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Greece Entry Strategy services involve the following services:

About the Greece Entry Strategy

Our Greece Entry Strategy is classified into the following:

Business Set-up Services

Business Structures available in Greece are Limited Liability Companies, Private Companies, Public Limited Companies, Partnerships, Branch offices, and Representative Offices. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in Greece. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory on issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Our experts provide bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers and accounts receivable and payable sub-ledgers. In addition to this, we also provide financial reporting, accounting guidance, and bookkeeping services. They aid in producing accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on complex accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled.

Tax Advisory Services

Our tax experts will assist you in effectively managing your tax obligations and identifying opportunities to lower tax expenses. We ensure that the tax return is timely filed. We provide advisory on direct as well as indirect taxes. As the globe becomes increasingly linked, businesses regularly engage in cross-border transactions with intricate tax ramifications. We provide thorough advice on international tax compliance, double taxation agreements, transfer pricing, and international tax planning using our worldwide tax consultancy services. Our knowledge aids companies in overcoming the difficulties associated with international taxes and strengthening their worldwide tax position.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advises on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.

Employer on Record Services

An Employer of Record (EOR) is an entity that legally employs workers on behalf of another business. An EOR is fully responsible for all aspects of employment, including compliance, payroll, taxes, and benefits. Our team can act as an EOR and help in onboarding employees for our clients with the best part being that you shall have control over the daily activities and responsibilities of the employees.

Frequently Asked Questions

“Etairia periorismenis efthinis (EPE)” is the equivalent of an LLC in Greece.

A Limited Liability Company (EPE), Private Capital Company (IKE), Company Limited by Share (Société Anonyme or S.A.) and a Public Company are the different forms of company in Greece.

Yes, you can set up a business in Greece subject to the satisfaction of the criteria laid down by the Greece Company Law.

The cost to register a company in Greece depends upon the form of the company. A Limited Liability Company (EPE) can be set up with at least EUR 4,500 share capital whereas a public limited company requires a minimum capital of EUR 60,000.

Yes, the Greece Company Lax allows foreign legal entities to set up permanent establishments in Greece.

Yes, Greece is a good country to do business. It is at a decent position when it comes to the Human Development Index.

It usually takes 3 months to 1 year to start a business in Greece.

Tourism, shipping, textiles, agriculture and mining are some of the best businesses in Greece.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CPA’s and Lawyer’s
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Lawyers/Attorney’s/CPA/CA/CFA.

Strong team of Inhouse Lawyers/Attorney’s/CPA/CA/CFA

 

A wide Network of Audit and Law firms in India.

Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month.

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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