Open a company in Greece

Company registration in Greece from Crystal Tax

Registration of companies in Greece – an attractive destination for investors who wish to enter the markets of South-Eastern Europe and the Middle East. Monetary stability and exchange rate stability reign here. But in order to open a company, you will need professional help from Crystal Tax.

Company registration in Greece: advantages and disadvantages

Opening a company in Greece allows you to get the opportunity to effectively scale and tax your business from the point of view of international scaling.

Greece – a country in the Balkans located in Southeastern Europe. The Hellenic Republic is classified as an advanced economy with a high ranking in the Human Development Index. It offers access to fast-growing and renowned regional markets, serving as a gateway to more than 140 million consumers in the Eastern Mediterranean and South-East Europe.

Creating a company in Greece has its advantages

• strategically advantageous position of the country;
• high-quality logistics and communication infrastructure;
• possibility of using the same favorable conditions as companies incorporated in other EU countries;
• wide range of banking services;
• highly educated, skilled workforce;
• availability of investment incentives to promote regional development, environmental protection, energy efficiency initiatives.

As for the disadvantages of opening institutions in Greece, there are practically none. Some include difficulties that may arise during the registration process. But they will disappear as soon as you enlist the support of Crystal Tax specialists.

How to open a company in Greece: features of choosing a form of ownership

Choosing a form of ownership is rightly called an important and mandatory stage when you plan to start doing business in any country. As a rule, creating a company in Greece involves the following types of forms of ownership:

1. Open joint stock company with limited liability. This is an excellent solution for those who plan to run a large business in the country. The minimum requirement for authorized capital is 60 thousand euros. The organization is governed by a board of directors. The main decision-making body is the meeting of shareholders.
2. Private limited liability company. Suitable for those who open a small or medium-sized business. The authorized capital must be at least 18 thousand euros. Registration takes place only for two owners. Management is carried out at the general meeting.

In addition, foreign businessmen can conduct individual entrepreneurial activities. Or open a partnership and representative office of the institution abroad. Contact Crystal Tax to learn more.

Register a company in Greece: what will be the taxes?

When you decide to open your own company in Greece, you should carefully study the issue of taxation. This will allow you to assess the opportunities and risks of starting a business in the country.

The Greek tax system is not transparent or attractive to foreigners. It is tough. Individual tax rates increase every year. This is associated with the requirements of international financial institutions that provide loans to the country's government. Would you like to know in detail? Consult with Crystal Tax specialists. Contacts are listed on the official website.

Is it possible to open a company in Greece and obtain citizenship?

International businessmen, investors and important people who are active around the world view alternative citizenship and passport as a powerful tool for international tax planning and a safety net if living conditions at home become untenable.

But to obtain citizenship in the country, it is not enough to open a company in Greece. One of the conditions is to carry out transactions worth at least 250 thousand dollars. It could also be:

• rent a hotel or tourist residence for 10 years;
• purchase of land for construction;
• purchase of real estate;
• timeshare for 10 years;
• receiving real estate as an inheritance;
• purchase of securities or opening a deposit in a bank.

Another way to obtain citizenship is to live in Greece. Minimum period – 5 years.

Business registration in Greece: advantages of Crystal Tax

If you decide to register a company in Greece, we recommend enlisting the support of Crystal Tax. The main advantages of cooperation with us:

• reliability;
• quality guarantees;
• efficiency;
• high professionalism;
• individual approach;
• consultations;
• low cost of services

Fill out the form on the website for further cooperation. The manager will contact you to clarify details.

You ask – we answer

If I obtain citizenship in Greece, will I be automatically granted European citizenship?

Yes. Greece is considered a member of the European Union. That is why all its citizens automatically become European citizens. This means that they can easily find a job, enter universities, and live in the EU.

What is needed to open a company in Greece?

In order to register a company in Greece, you will need to contribute authorized capital, select a director, determine the name of the institution, collect all the necessary papers and submit them to the appropriate authority.

What documents are needed to register a company in Greece?

To open a business, you must provide an application, the founder’s passport, a copy of the Charter with an apostille, a rental agreement for premises, bank deposit receipts, and a tax identification number.