Establish a Company

Pro bono support by

“Cost-plus regime” company (under Law 89/1967)

Tax Benefit

100% deduction of all business expenses to be incurred
Taxable base on a profit margin (i.e., 5% of incurred expenses) to be pre-determined for 5 consecutive years
No place of effective management in Greece for the foreign recipient company

Requirements

Provision of services to associated companies based in Greece or abroad
Exclusive statutory purpose and actual activity limited to the provision of specific qualifying services
Engagement of at least 3 full-time and 1 part-time employees
Annual business expenses of min. Euro 100,000

How to establish a branch in Greece

1

Foreign corporations or limited-liability companies, lawfully established pursuant to their home state laws and regulations, may establish branches in Greece subject to certain conditions laid down by Articles 36-45 of Law 4919/2022.

2

In general, a branch is a financially and legally dependent department of the foreign entity. It does not have a legal personality and its activities are performed in the name and on behalf of the parent corporation or limited-liability company.

3

Approval of the branch’s registered seat, registration with the General Commercial Registry (GEMI) and the competent tax authority, including filing of relevant documentation, such as evidence that the parent corporation or limited-liability company is lawfully established in the home jurisdiction, as well as publicity formalities are required for the establishment of a branch in Greece.

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