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Greece is used by many investors as an entry to Southeast Europe and the Middle East, in fact is the only country in the region that is both a EU and EMU member(this provides monetary and exchange rate stability). Investors looking to start a business in Greece are encouraged by the low bureaucracy, for instance it takes 10 days to open a new business if the basic requirements are met.

Company incorporation in Greece starts with choosing the type of company which can be open in accordance to their requirements, draft the company’s articles of association or the memorandum of association, chose a registered office and select an accountant for the company.

Greek law provides for a variety of legal forms for carrying out a business. In addition to establishing a Greek company or entity (partnership), foreign enterprises may establish and operate a business in Greece by forming a Greek branch or entering into a joint venture with another enterprise. Foreign enterprises can also establish a presence in Greece (Law 89 office/company as revised by Law 3427/2005) whose sole scope of activity is to provide certain services to their head office or any other affiliate company not established in Greece. Individuals can operate as sole traders or freelance professionals.

An entity with its registered place of business in Greece is normally considered to be a Greek entity despite the fact that all of its members may be foreign.

For Taxes related to doing business in Greece, please read the relevant article.

Types of Establishments

SET UP COMPANY IN GREECE S.A

SET UP COMPANY IN GREECE L.L.P

SET UP COMPANY IN GREECE P.C.C.

SET UP ACOUNTING FEES

Example company Tax

Example payroll