Share >

Greece News

Upcoming changes to the Greek Golden Visa Programme

Upcoming changes to the Greek Golden Visa Programme - Ecovis in Greece
The Greek Golden Visa, which was launched in 2013, is essentially a residence-by-investment programme that enables non-EU nationals and their family members to obtain residence permits in Greece, with several other attractive benefits. According to data published by the Ministry...
Tax residence in Greece - Ecovis in Greece

Tax residence in Greece

Greece is an amazing country to live and invest in – and several special tax provisions that were put in place in recent years may make it possible for several categories of individuals to do this, in the most financially...

Important update – new minimum wage increase in Greece is announced

Greece has a government-mandated minimum wage, calculated on the basis of 40 hours a week. An announcement made by the Prime Minister on 17 March, confirmed that the upcoming increase in the minimum wage that will take effect on 1...

Newsletter March 2023

During the first two months of 2023, several significant changes were introduced concerning employment matters in Greece, affecting key areas concerning businesses, as well as self-employed individuals and freelancers. Some of the key developments that took place were the following:...

Adjustment of the new maximum limits of insurable earnings and the amounts corresponding to the respective insurance classes, effective 1 January 2023

In accordance with Ministerial Decision No. 30/01/2023, the insurance classes of self-employed individuals and freelancers are now determined as follows: Pursuant to the provisions of Art. 97(3) of No. Law 4387/2016, the amounts of the insurance classes for the payment...

Adjustment, as of 1 January 2023, of the new limits of daily salaries and imputed daily wages under the applicable insurance classes

The below represent the new limits of daily salaries and imputed daily wages under the applicable insurance classes of the e-EFKA, determined on the basis of the e-EFKA pension increase rate of 7.75% (Joint  inisterial Decision No. 126331/28.12.2022 Κ.Υ.Α. –...

Working time organization – Leaves

As of 12 January 2023, all companies/employers that have completed the registration process towards the digital  organization of the working time of their employees, who have a dependent employment relationship, may register their  leaves in the new digital environment of...

Calculation of the insurance days of members of Boards of Directors

Circular No. 40/2022 of e-EFKA provides notification of the provisions of Article 34 of Law No. 4670/2020 replacing those  of Article 38 of Law No. 4387/2016, as it was in force. More specifically, as regards the insurance of the members...

Estimated increase in the minimum wage

In accordance with Article 39 of Law No. 5013/2023 (Official Government Gazette A’ 2/19-01-2023) on "Multi-level  governance, risk management in the public sector and other provisions", the deadlines for the submission of all the  procedures for the increase in the...

Newsletter Ecovis Info (July 2021)

New provisions introduced into the Greek Vat legislation incorporating the provisions of EU Council Directives 2017/2455, 2019/1995 and 2018/1910 aiming at the facilitation of e-cross border transactions and reducing burdens and administrative costs for e-commerce enterprises. New guidance issuedby the...
Greece Income Tax Rate – Alternative Tax Resident Regimes - Ecovis in Greece

Greece Income Tax Rate – Alternative Tax Resident Regimes

Greece has modernised its tax residence rules for high-net-worth individuals. Internationally experienced self-employed and employees who return to Greece should be able to plan their tax costs better. (more…)
New Government Measures Against COVID-19 and its Consequences in Greece - Ecovis in Greece

New Government Measures Against COVID-19 and its Consequences in Greece

On Saturday 7 November 2020, the Greek Government announced a three-week national lockdown after a sharp increase in the COVID-19 infection rate. Employment and tax measures have been implemented to cushion the financial impact on companies. (more…)

Ecovis Info (September 2020)

Table of Contents New legal and tax framework for the reinforcement of the development procedure of the Greek economy. A. Law 4714/2020 Establishment of Out-of-Court Tax Dispute Resolution Committee (Article 16) New tax Dispute resolution mechanisms (Articles 21-48) Mandatory reporting...

Newsletter – Law 4706/2020

On 18th July 2020, the Greek Parliament has voted for and issued the new L. 4706/2020 which includes beyond other provisions, those referred to the supporting measures regarding the payment of the Income Tax and the Unified Real Estate Property...

Ecovis Info (December 2019)

Table of Contents NEW TAX BILL (L.4646/2019) Greece Tax Reformation and Tax Reduction A. Corporate Income Taxation B. Individual Income Taxation [ecobutton class="example-class" target="blank" icon="fas fa-file-pdf" url="https://www.ecovis.com/greece/wp-content/uploads/2020/12/NEWSLETTER-ECOVIS-NEW-TAX-BILL.pdf"]Download PDF[/ecobutton]

International Tax, Audit, Accounting and Legal News (June 2019)

Table of Contents LAW 4608/2019 “STRATEGIC INVESTMENTS” General Characteristic of the Strategic Investments Categories of S.I.s S.I.I. S.I.2. S.I.2. Industrial sector Organized receptors of handcraft and business activities Emblematic Investments By distinguished legal entities of international reputation In the industrial...

International Tax, Audit, Accounting and Legal News (March 2019)

Table of Contents E-registration platforms for vessels Hellenic Cadastre A.D.R & F.I.D Content [ecobutton class="example-class" target="blank" icon="fas fa-file-pdf" url="https://www.ecovis.com/greece/wp-content/uploads/2020/12/Newsletter-march-2019.pdf"]Download PDF[/ecobutton]

International Tax, Audit, Accounting and Legal News (Novermber 2018)

Table of Contents Law 4557/2018 for the “Prevention of the use of the financial system for the purposes of money laundering or terrorist financing” Law 4548/2018 for the reforms in the Société Anonyme [ecobutton class="example-class" target="blank" icon="fas fa-file-pdf" url="https://www.ecovis.com/greece/wp-content/uploads/2020/12/ECOVIS_NEWSLETTER-Nov-22_Eng.pdf"]Download PDF[/ecobutton]...

International Tax, Audit, Accounting and Legal News (June 2018)

Table of Contents Law 4541/2018 for the “Amendment of Corporate Law 3190/1955 on Limited Liability Companies and other provisions” Tax Transparency Disclosure Requirements for Intermediaries Amendments to the Greek Bankruptcy Code [ecobutton class="example-class" target="blank" icon="fas fa-file-pdf" url="https://www.ecovis.com/greece/wp-content/uploads/2020/12/ECOVIS_NEWSLETTER-Jun-18_Eng.pdf"]Download PDF[/ecobutton]
ECOVIS International Regional Partner Meeting in #Luxembourg - Ecovis in Greece

ECOVIS International Regional Partner Meeting in #Luxembourg

Thanks to everyone who was part of the ECOVIS International Regional Partner Meeting in #Luxembourg. We exchanged on current topics and welcomed our new partners.

International Tax, Audit, Accounting and Legal News – Issue 18 (February 2018)

[ecobutton class="example-class" target="blank" icon="fas fa-file-pdf" url="https://www.ecovis.com/greece/wp-content/uploads/2020/12/2018-17-gr.pdf"]Download PDF[/ecobutton]

International Tax, Audit, Accounting and Legal News – Issue 17 (December 2017)

1. Procedure for change of tax residency abroad for individuals; On 6 December 2017, the Public Revenue Authority issued Circular (Pol 1201/2017) providing clarifications and specific guidelines on the procedure for the change of tax residence abroad for individuals. …...

International Tax, Audit, Accounting and Legal News – Issue 15 (August 2017)

Law 4484/2017: Implementation in domestic legislation of EU Directive 2016/881 concerning mandatory automatic exchange of information by Country by Country Reporting (CbC) Published in the Official Government Gazette Α’ 110/01.08.2017, Law 4484/2017 which inter alia provides new transfer pricing documentation...

International Tax, Audit, Accounting and Legal News – Issue 13 (May 2017)

Most important Tax amendments introduced by Law 4465/2017 Published in the Official Government Gazette 47 /A’/ 4.4.2017, Law 4465/2017 which inter alia concerning both domestic and cross border restructurings introduces the adjustment of Greek legislation to European rules and more...

International Tax, Audit, Accounting and Legal News – Issue 12 (January 2017)

Most important Tax amendments introduced by Law 4446/2016 and Voluntary Disclosure Program (VDP) Published in the Official Government Gazette A ’240/22.12.2016 Law 4446/2016, which, inter alia, concerning the Voluntary Disclosure Program of undeclared funds, introduces measures designed to encourage tax...