Greek Company Formation
Its current corporate tax is 30%, and is set to drop since 2006. Greek consumer spending is higher per capita than any other EU member, its economy increased since the Olympic Games in 2004 and the EU finances several massive investment in infrastructure projects. There are no import restrictions or tariff barriers and capital and earnings can be freely repatriated. Greece has double tax treaties with a number of other countries, however its tax regulations are detailed, complex and change frequently. Among the financial incentives for investment are grants, interest subsidies or tax allowances. Most common types of companies in Greece: Limited Liability Corporation (EPE), Stock Corporation (AE), Partnerships and Branches.
- Minimum share capital for an EPE is â¬18,000 and for an AE â¬60,000
- EPE: requires 2 shareholders; AE: requires a board of directors and auditors
- Partnerships: requires 2 partners, no share capital
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