Greece Archive - Page 2 of 2 - ECOVIS International

Capital market Greece: Modernised with EU-aligned reforms

The Hellenic Parliament has approved a new bill introduced by the Hellenic Capital Market Commission (HCMC). It brings substantial regulatory updates in line with European Union (EU) directives and international best international practices. The Ecovis consultants know what changes are being made to strengthen the capital market and what companies need to consider.

ESG reporting Greece: Stricter requirements under the new law

Greece is tightening the requirements for corporate sustainability reporting. In future, the obligation will also apply to small and medium-sized companies and companies from third countries listed in Greece. The Ecovis experts explain the future regulations for ESG reporting.

The new digital transaction levy in Greece: What businesses need to know

From 1 December 2024, a new tax on digital transactions will apply in Greece. It replaces the traditional stamp duty. More than 600 types of transactions will now be exempt from stamp duty. The Ecovis experts explain the details of the new law and what businesses need to know.

Minimum wage Greece and other new developments in labour relations

Greece has introduced new regulations concerning employment relationships, some of which have already come into force or will come into force later this year. The measures include setting the minimum wage for 2024 and the introduction of a digital work card. The labour lawyers at Ecovis know what companies must prepare for. Setting the minimum […]

Short-term leases (Airbnb) Greece: Athens amends regulations

In line with other European countries, the regulations for short-term letting in Greece are becoming more rigorous. For example, the definition of short-term leases has been changed, and an activity number has also been introduced. The Ecovis experts know the details.

Capital gains tax Greece: Introduction of deferral for individuals and the contribution of shares

The recently enacted Law No. 5024/2023 is anticipated to offer a strong incentive for the establishment of holding companies in Greece. The law provides for a deferral of capital gains tax on securities transactions which meet certain conditions. At the same time, it also amends certain previously applicable VAT regulations. The new law came into […]

Transfer pricing Greece and other amendments to the Greek tax legal framework

The Greek government is to introduce several changes to the tax framework. This includes, for example, relief from double taxation for intercompany transactions subject to transfer pricing rules or the enforcement of stamp duty obligation. The Ecovis experts explain the details of the tax changes.

Double taxation agreement Greece: New tax treaty with France

On 11 May 2022, France and Greece signed a new tax treaty. If both countries complete the ratification process before 31 December 2022, the new agreement will apply from 1 January 2023. The double taxation treaty with Greece replaces the original tax treaty signed in 1963. The Ecovis experts know the details.

Digital Nomads in Greece: Work Independently with Benefits and Privileges

Greece is seen as an attractive destination for digital nomads. This is particularly due to the benefits and privileges, such as lower income tax, provided for in law L. 4825/2021 passed by the Greek parliament. However, there are some bureaucratic hurdles to overcome for digital nomads wishing to work in Greece.

Greece Income Tax: New Amendments to the Greek Tax Framework

The Greek Parliament has passed a draft law (L. 4799/2021) amending the country’s tax law. With this, the legislator is significantly reducing the corporate tax rate and income tax prepayments and, from 2022, the solidarity contribution for certain types of income.

Tax Relief for Family Offices in Greece

Greece introduced a new business tool for the management of cash flow and family property assets in February 2021. It is regulated in the “family offices” law.

Greece Income Tax Rate – Alternative Tax Resident Regimes

Greece has modernised its tax residence rules for high-net-worth individuals. Internationally experienced self-employed and employees who return to Greece should be able to plan their tax costs better.

New Government Measures Against COVID-19 and its Consequences in Greece

On Saturday 7 November 2020, the Greek Government announced a three-week national lockdown after a sharp increase in the COVID-19 infection rate. Employment and tax measures have been implemented to cushion the financial impact on companies.

Tax Relief Measures for Businesses in Greece to Combat the COVID-19 Crisis

On 18 July 2020, the Greek parliament passed the new law no. 4706/2020. In addition to other provisions, this law also contains regulations on the payment of income tax and the uniform real estate property tax. Moreover, law 4706/2020 also contains provisions on how to pay unpaid debts due. The measures will support companies and […]

New partner firms in Australia and Greece: Ecovis is now represented on all five continents

In the beginning of July Australian accounting firm Clark Jacobs joined Ecovis. The global consulting firm with its origins in Continental Europe is thus represented on the fifth continent, too. Ecovis also welcomes a new partner firm in Greece: ENEL SA has changed its name to ECOVIS Hellas SA. Ecovis now operates offices in 55 […]

Greece