Open a company in Greece

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Incorporating a company in Greece requires compliance with the generally accepted rules and must necessarily take into account the nuances involved.

WHAT YOU NEED TO KNOW ABOUT OPENING A COMPANY IN GREECE

It is worth noting that businessmen can choose from a variety of activities, but they must comply with the legal regulations of the country, and in no way prejudice the public interest of Greece. In addition, for registration, it is necessary to come up with a company name, so that it does not have analogues around the world. It will also be necessary to submit the relevant documentation consisting of:

• Memorandum of Incorporation of the company;
• Articles of Association of the future foreign company;
• a record of incorporation, issued as a confirmation by the Internal Revenue Service;
• Minutes of the first meeting.

As for the direct activities, the incorporated company must necessarily keep all accounts, including the preparation of an annual report. To help understand the intricacies of the registration, opening will help our experts. We will provide support for any business starting from the opening of the company and up to the provision of a full range of consulting, auditing and legal services in Ukraine.

NUANCES AND ADVANTAGES

First of all, you should know that as such an offshore zone in Greece is not, but the country's legislation provides an opportunity to do business in the state of non-residents at a reduced rate of taxation. It will be sufficient to invest in the development of the management apparatus of the amount of 50000 euros and conduct business directly outside of Greece.

If you take into account such requirements legislation provides registered companies a number of privileges:

• no taxation;
• no need to pay postage and other fees;
• it is possible to keep accounting records in the native language;
• simplicity of the procedure of registration and opening a company;
• it is possible to be registered within 1 month;
• complete confidentiality.

Labor resources of a foreign country receive a permit for 2 years with the subsequent possibility of its renewal.

Summarizing, it can be noted that the loyalty of legislative norms allows businessmen to open an offshore company in Greece without special problems and be confident in the safety of funds on open accounts.

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