Open company in:
Greece
Company Formation and Related Services
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Company Formation in Greece F.A.Q
Company Formation Services in Greece and details on how to incorporate a Greek company, VAT registration, establish a bank account and setup of a virtual office in Greece. We provide internationalized English speaking company registration service in Greece.
1. What is the minimum share capital of a Greek EPE (Limited Liability Company)?
In order to establish a limited liability company in Greece, or an EPE, the founders must provide a minimum capital of 4.500 EUR which must be fully paid up on signature of the Articles of Association.
2. What is the minimum share capital for a Greek AE (Joint Stock Company)?
The total capital amount of a Greek AE should not be less than 60.000 EUR. The capital is divided into shares, each with a nominal value, and the capital can be made in both monetary and non-monetary contributions.
3. Are there any special requirements for establishing an EPE in Greece?
A Greek Limited Liability Company can be formed by at least two partners and there is no legal requirement as to their nationality. If the director is a non-EU member state resident, he/she must obtain a residence permit. In case the administrators or legal representatives are foreigners they are obliged to register with the Greek tax authority in order to acquire a Greek tax registration number.
4. How can I register for VAT in Greece?
After obtaining the company registration certificate, VAT registration procedure can be commenced. The company must submit a statement announcing its existence at the District Tax Office in order to issue a registration number.
5. How can I open a bank account in Greece?
Before applying for registration the founders of a Greek company must deposit the minimum capital in a bank account which will be unblocked upon issuance of the registration certificate. Most banks of Greece allow a legal representative authorized through power of attorney to carry out the procedures for setting up a bank account, provided the correct documents are filed.
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Athens
Company Formation in Greece
BridgeWest provides company formation in Greece. Our assistance includes: > drafting the Articles of Association (necessary for the company incorporation in Greece).The Articles of Association of the Greek company can be signed through Power of Attorney (the same applies to Public Notary proceedings, a step required by the Greek Law). > drafting all other documents required for the incorporation…
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Articles on Company Formation in Greece
There are many opportunities for opening a company in Greece, as it represents a welcoming business environment both for nationals and foreign investors. The Greek company law is based on the French system, the major business types are equivalent of the French. The most common way to open up a busin ...
Establishing a Greek company can be a great opportunity for investors, as the Greek tax system is simple and the government supports foreign business activities. Also Greece has a high level of competitiveness within the active population for education and work productivity. The incorporation proces ...
The Chamber of Commerce and Industry of Greece has a lot of attributions, but is the main institution responsible for company registration. Other attributions include assisting the Government in the fields of commerce, industry, services and general development. One of the most important activities, ...
Anyone wishing to conduct business in Greece finds a welcoming environment. Another advantage in setting up a business in Greece is the high qualified workforce and limited restrictions. Entrepreneurs may set up a brand new business, usually a limited liability company or may establish a company bra ...
1. What is the minimum share capital of a Greek EPE (Limited Liability Company)? In order to establish a limited liability company in Greece, or an EPE, the founders must provide a minimum capital of 4.500 EUR which must be fully paid up on signature of the Articles of Association. At least half of ...
1. What is the corporate tax in Greece? The standard corporate tax rate for the first half of 2011 in Greece is 24%. After the 31st July 2011, the corporate tax rate is 20%, while for partnerships, the corporate tax rate in Greece is 25%. 2. What is the VAT in Greece? In Greece, the stan ...
1. What is the VAT in Greece? The latest changes made by the Greek government regarding the VAT were made in September 2011. The standard VAT rate in Greece is 23% for the widest range of assets and services. A reduced VAT rate of 13% applies for medicine and transportation, while the previous reduc ...
Company law in Greece is based on the French system. Therefore, the main types of the companies that can be established in Greece are pretty much the same as the ones in France. The basic rules of the Greek company law were enacted by the Parliament in the 1920s. After becoming a member state of the ...
A lawyer in Greece must be a member of a Bar Association in Greece. There are 63 Bar Associations and the ones in Athens, Piraeus and Thessaloniki are the largest. Members of these Greek Bar Associations differ on their degree of specialization. An attorney in Greece can only practice law in the dis ...
Public Notaries in Greece play an important role in what legal system means. A Greek public notary shares responsibilities with those of an attorney in Greece. Public notaries in Greece are also trained under the same conditions as lawyers. In general, a public notary in Greece is a legal offi ...
A power of attorney in Greece allows a person to represent. A power of attorney in Greece is based on the will of the person who is represented so that the attorney can perform legal transactions on behalf of the grantor. The person who receives a power of attorney does not have to give their accept ...