Tax Insights

New Framework for Fines and Penalties Regarding Registration with Commercial Registry (GEMI)

Joint Ministerial Decision 46982/2025 introduces a clearly defined framework of administrative penalties for violations related to the General Commercial Registry (GEMI), pursuant to Article 50 of Law 4919/2022. These penalties directly concern Société Anonyme (S.A.), Limited Liability Companies (Ltd.), Private Companies (P.C.), and foreign companies with branches in Greece, provided they fail to comply with their registration and publicity obligations under GEMI.

ESG Reporting Requirements in Greece

The newly enacted Law 5164/2024 constitutes Greece’s national transposition of Directive 2022/2464 of the European Union, reinforcing the regulatory requirements for corporate sustainability disclosures. By broadening the scope of transparency obligations, the legislation extends reporting requirements to a greater number of entities, particularly small and medium-sized listed enterprises, as well as third-country entities operating within the Greek market.

Tax exemption for benefits and allowances provided by businesses to employees.

Income Enhancement Measures, Tax Incentives for Business Innovation and Transformation and Other Provisions: You will find the briefing of new provisions of the new Law 5162/2024 (Government Gazette No. 198/5/12/2024) as well as their enactment time.

New Tax Provisions Law 5162/2024

New Tax Bill: income exemptions and incentives for innovative businesses

Following the recent announcements by Prime Minister at the recent TIF (Thessaloniki International Fair), the Ministry’s press office announced the new measures of the tax bill being passed which aim, among other things, to ease
the income of citizens and to strengthen small, medium and innovative businesses.

Replacement of Stamp Duty Burden with a new Digital Transaction Levy: What Businesses Need to Know

As of November 30th, stamp duty burden, a rather anachronistic piece of transactional tax-imposed back in 1931, will be abolished in many significant transactions, such as gratuitous loans, insurance transactions, capital increases for non-profit entities and statutory interest for loans, cash facilitations, and advances.

Newsletter Payroll July 2024

You will find below the new issue of our Newsletter (July 2024).

Raise of the daily minimum wage and the statutory minimum wage
Greece’s new marriage legislation recognizes and protects same-sex couples
rotection against discrimination
Changes to Paternity Leave

Newsletter May 2024

You will find below the new issue of our Newsletter (May 2024).

Summary
Enhanced Relocation rules for potential Investors and Remote workers
Latest updates from the Greek Ministry of Labour and Social Security
EU Pillar Two directive incorporated into Greek Law 5100/2024

Newsletter March 2024

You will find below the new issue of our Newsletter (March 2024).

Summary – The Upcoming Legislation on Greek Jurisdiction.
Uniform Real Estate Property Tax (ENFIA) reduction
Jurisdictions with preferential tax regime – list update
Reduced rates for Capital Concentration Tax
Establishing whether a staff member falls within the category of the managerial staff member