Company Formation Process in Greece

Establishing a new company in Greece is a structured process that typically takes 3-5 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.

Available Company Types in Greece

The following legal structures are available for company formation in Greece:

Company Type Description
EPE (LLC), AE/SA (JSC), IKE (Private Company), OE (General Partnership)

The minimum share capital requirement is 0 EUR for IKE (Private Company).

Step-by-Step Formation Process

  1. Choose your company structure — Select the appropriate legal form based on your business needs, number of shareholders, and capital requirements.
  2. Prepare documentation — Our team prepares the articles of association, shareholder agreements, and all necessary corporate documents.
  3. Company name verification — We verify the availability of your chosen company name with the Greek commercial registry.
  4. Capital deposit — Deposit the required share capital (0 EUR for IKE (Private Company)) in a designated bank account.
  5. Notarization and registration — Documents are notarized (where required) and submitted to the commercial registry.
  6. Tax registration — Register the company for corporate tax (at a rate of 22%) and VAT (24%).
  7. Bank account opening — Open corporate bank accounts with Greek banks for business operations.

Required Documents

  • Valid passport copies of all shareholders and directors
  • Proof of residential address (utility bill or bank statement, not older than 3 months)
  • Description of planned business activities
  • Proof of source of funds (where applicable)
  • References from existing banks or professional advisors

Tax Environment in Greece

Companies formed in Greece are subject to a corporate tax rate of 22%. The standard VAT rate is 24%. The currency is EUR (Euro).

Timeline and Costs

Standard company formation in Greece takes approximately 3-5 business days. For exact pricing tailored to your specific requirements, please contact our consultants.

Related Services in Greece

Frequently Asked Questions

How long does it take to register a company in Greece?

Company registration in Greece typically takes 3-5 business days. ShelfCompanies24 handles the entire process on your behalf.

What documents do I need to form a company in Greece?

You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.

Can a foreigner set up a company in Greece?

Yes, foreign nationals can establish companies in Greece. There are generally no restrictions on foreign ownership of Greek companies.

What is the minimum capital to start a company in Greece?

The minimum capital requirement in Greece is 0 EUR for IKE (Private Company). Our consultants can advise on the optimal capital structure for your business.