Greece — Overview

Greece is a member of the European Union and a strategic destination for company formation and ready-made shelf company acquisition. With a population of 10.4 million and ranking as EU member, maritime/tourism economy, Greece offers a compelling business environment for both local and international entrepreneurs.

Key advantages of establishing a business in Greece include: World’s largest shipping fleet, IKE company type with zero capital requirement, growing startup ecosystem, extensive tourism infrastructure, digital nomad visa.

Key Business Facts

Feature Details
Capital Athens
Currency EUR (Euro)
Corporate Tax Rate 22%
VAT Rate 24%
Company Types EPE (LLC), AE/SA (JSC), IKE (Private Company), OE (General Partnership)
Minimum Capital 0 EUR for IKE (Private Company)
Formation Time 3-5 business days
Major Banks National Bank of Greece, Piraeus Bank, Alpha Bank, Eurobank

Our Services in Greece

ShelfCompanies24 provides comprehensive company formation and corporate services in Greece. Whether you need a ready-made shelf company for immediate business operations, a newly formed entity tailored to your specific requirements, or assistance with opening corporate bank accounts — our team of experienced specialists is here to help.

Why Choose Greece for Your Business?

Greece stands out among business jurisdictions for several important reasons. The corporate tax rate of 22% is competitive within the region, and the available company types (EPE (LLC), AE/SA (JSC), IKE (Private Company), OE (General Partnership)) provide flexibility for various business structures and investment strategies.

Company formation in Greece typically takes 3-5 business days, with minimum capital requirements of 0 EUR for IKE (Private Company). The country’s banking sector includes major institutions such as National Bank of Greece, Piraeus Bank, Alpha Bank, Eurobank, ensuring reliable access to financial services for your business operations.

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Frequently Asked Questions

What types of companies can I form in Greece?

In Greece you can form the following company types: EPE (LLC), AE/SA (JSC), IKE (Private Company), OE (General Partnership). The most popular structure for foreign investors is the limited liability company equivalent.

What is the corporate tax rate in Greece?

The corporate tax rate in Greece is 22%. The standard VAT rate is 24%.

How long does company formation take in Greece?

Company formation in Greece typically takes 3-5 business days, including registration with all relevant authorities.

What is the minimum capital required for a company in Greece?

The minimum share capital required in Greece is 0 EUR for IKE (Private Company).