Articles based on the latest tax regulations
You have decided to establish a subsidiary in Greece and you are searching for the right firm that will undertake on your behalf the overall procedure for its establishment and operation in Greece. A difficult decision since apart from the economic cost, there is the question of whether the candidate office is suitable, whether it meets the conditions for you to place your trust in it, and if so, whether it can offer high added value services.
Learn how to choose your New Company type through a handy comparative Chart with the minimum requirements, advantages and disadvantages of each form. When setting up your business, beyond your Capital and vision, you will be faced with choosing the right type (Individual business, Private Capital Company, L.T.D, S.A., General Partnership, Limited Partnership, Non-Profit Organization). Your choice is crucial because you would not want to start your own business effort by making your first mistake.
The Greek economy, having achieved high growth rates until 2008, showed signs of recession in 2009 as a result of the global financial crisis, and from 2010 onwards the recession intensified considerably due to country’s fiscal imbalances. The need for consolidation led the country to embark on a trilateral mechanism of financial support, comprised of the EU, the IMF and the ECB. The restrictive income policy and drastic limitation on public expenses during the past five years have had a negative impact on GDP growth, leading to its decrease by 5.4% in 2010, 8.9% in 2011, 6.6% in 2012 and 3.9% in 2013 (constant prices of year 2010).
Κατά την ίδρυση της επιχείρησης σας, πέραν του Κεφαλαίου και του οράματος σας θα ρθείτε αντιμέτωποι με την επιλογή του σωστού τύπου αυτής (Ατομική, ΟΕ, ΕΕ, ΙΚΕ, ΕΠΕ, ΑΕ,ΜΚΟ). Η επιλογή σας αυτή είναι καθοριστικής σημασίας καθώς δεν θα θέλατε να ξεκινήσετε την εκάστοτε επιχειρηματική σας προσπάθεια πράττοντας το πρώτο σας λάθος.
Law 4072/2012 (Government Gazette A86 – Articles 43-120) introduced a new corporate form, this of “Private Capital Company”. This new form was designed to operate as a Capital Company and can be commercial, even if its purpose is not commercial.
