Greece - EPE Company Incorporation

Company Type	Time to Incorporate	Cost
EPE	2 weeks	£3290

The most common ways to establish your business in Greece is to register a:

• Limited by Shares Company - SA/AE company.
• Limited Liability Company - Sàrl/EPE company.

Greek company law is based on the French system. The major types of companies under Greek Law are the equivalents of the French.

Ready Made Companies and Company Names

In Greece, there is no such concept as a Ready Made Company or ready made companies, and your company name must either be the name of one or more of the shareholders or the companies business objects.

Incorporation

We undertake the completion of all formalities to incorporate your company in Greece.

• Registration of the company name.
• Registered Office - Business seat.
• Drafting of company statutes.
• Government and administrative approvals.
• Commencement of taxable activities.

Registered Office

In Greece there is not such term as Registered Office as applied elsewhere in Europe. Here, a real address is requested by the authorities and the space is physically inspected by tax officers. The clients should bear in mind that monthly costs to maintain a Limited Liability Company in Greece, irrespective of the volume of transactions should normally amount to €1000 for the seat and the accounting service, which is obligatory

Incorporating a Business in Greece

• Get approval of the company's name by the Chamber of Commerce and Industry
• File company documents with the Athens Bar Association
• Sign the articles of incorporation before a notary public
• Deposit capital in a bank
• Pay the capital tax on the concentration of capital to the local Tax Authority
• Obtain a stamp from the Lawyers' Pension Fund
• Obtain certification by the Lawyers Welfare Fund
• Submit the Articles of Incorporation and register with the secretariat of the Court of First Instance, which issues a register number
• Submit summary of the Articles of Incorporation to the Printing Office for publication in the Official Gazette (Fyllo Efhmeridas ths Kyvernhsews)
• Register at the Chamber of Commerce and Industry
• Register with the relevant social security authorities
• Obtain a Tax Registration Number (AFM)
• Have the Tax Authority hole-stamp the company's invoice and account books