Open company in:
Greece
Company Formation and Related Services
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Company Formation in Greece
F.A.Q.
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 of the Greek company; These documents include: Specimen Signatures, Special Forms provided by the Company Registration Office in Greece, passport copies etc.
> arranging Public Notary procedures (The procedures for incorporating a company in Greece have to be done through a Greek Public Notary);
> offering a Registered Office in Greece for your company (if required); The registered office may be any address where the Greek company declares to have its headquarters. The registered office will be public.
> setting up a bank account for your Greek company. This refers both to an initial share capital account as well as a current bank account after the company is formed.
> recommending an accountant in Greece; Accountancy services are recommended for any new business registration in Greece.
BridgeWest can provide assistance for the formation of the following types of companies:
> Limited liability Company (EPE) in Greece - A Greek Limited Liability Company is designated for business at a smaller scale, having a minimum required capital of EUR 18.000. The limited liability company may be also formed by at least two partners, Greek or foreign, but can be managed by only one director. The liability of the partners is limited to the amount invested by each of them. The share capital must be fully subscribed and paid up at formation, at least half of it in cash. A limited liability company can be established by one person, but in this case its name becomes "one person limited liability company".This type of Greek company can have one shareholder and one director and must maintain a local address (office) and a minimum share capital of 5,000 EUR.
> Company limited by shares, stock corporation (AE) in Greece - The company limited by shares, or the stock corporation is designed for major companies. It may be formed by at least two individuals who are Greek, or foreign residents. The owner's liability is limited to the amount of capital invested, which in total cannot be less than EUR 60.000. The capital must be paid up entirely and has a nominal value varying from EUR 0,30 to EUR 100 per share.
> Greek Branch, Subsidiary or Representative Office-Any foreign company is able to set up branch entities in Greece. These can be set up as separate entities from the parent company (Greek companies having the foreign company as shareholder) or extensions of the parent-company in Greece .
BridgeWest is also able to offer ready-made Greek companies and VAT registration.
Please contact us for more information and prices.
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 ...
Meet us in Athens
Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Athens, Greece. Alternatively you can incorporate your company without traveling to Greece.
As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Greece.