14 Aug 2026

Sticky

Articles of Association of a Greek Société Anonyme: Mandatory Content and Room for Customisation

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] The incorporation of a Société Anonyme (AE) in Greece requires the drafting of Articles of Association, which must include certain elements expressly required by law, while at the same time leaving the founders considerable room to shape the company's operation according to their own needs. This article sets out in detail both the minimum mandatory content of a company's Articles of Association and the main optional provisions that may be incorporated into them, should the founders wish to do so. Minimum mandatory content Every set of Articles of Association of an AE must, at a minimum, identify the founding members...

14 Aug 2026

0 Comments

Sticky

Single-Member Société Anonyme: Additional Obligations Compared to the Ordinary S.A.

Posted by Niki Plyta

in Company Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] A single-member (sole-shareholder) Société Anonyme (S.A.) is a special form of S.A. in which the entire share capital belongs to just one person, whether natural or legal. While it is generally subject to the same general legislative framework as an S.A. with multiple shareholders (Law 4548/2018), the law provides for certain additional publicity and documentation formalities, aimed at preventing abuse of the legal entity or sham transactions between the sole shareholder and the company. 1. Registration of single-shareholder status with the General Commercial Registry (G.E.MI.) The company must appear in its publicity records as a "Single-Member Société Anonyme" or "Sole-Shareholder...

14 Aug 2026

0 Comments

Sticky

The Inheritance Contract under the New Greek Inheritance Law

Posted by Niki Plyta

in Civil Law, Special topics

One of the most significant innovations of the new Greek inheritance law is the introduction of the inheritance contract mortis causa, an institution that has not, until now, been recognized under Greek law. For the first time, the person whose estate is at issue is given the ability to regulate their succession by contract, without this doing away with the fundamental principle of freedom of disposition. The inheritance contract is a standalone institution, distinct from a will, and is governed by specific rules as regards its formation, its binding effect, and its relationship with other testamentary dispositions. Article 1798 of the...

12 Aug 2026

0 Comments

Sticky

Validity of Wills under the New Greek Inheritance Law

Posted by Niki Plyta

in Civil Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] A comparative review of the provisions governing the validity of wills shows that no substantial changes have been introduced between the previous and the new Greek inheritance law. The most significant change concerns the broadening of the concept of a testamentary disposition, which now covers not only wills but also inheritance contracts. Otherwise, the rules governing the validity of wills remain essentially unchanged. The drafting or revocation of a will before the new inheritance law enters into force, i.e. before 16 September 2026, continues to be governed, as regards form and the testator's capacity, by the law previously in...

12 Aug 2026

0 Comments

Sticky

Your Guide to Challenging Decisions of the Greek Tax Administration

Posted by Niki Plyta

in Tax Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] Administrative appeal procedure Where a taxpayer disputes any decision issued against them by the Tax Administration, they must lodge an administrative appeal requesting a review of the decision within the framework of an administrative procedure by the Dispute Resolution Directorate (DED) of the Independent Authority for Public Revenue (IAPR), in accordance with the following procedure: The taxpayer submits the administrative appeal electronically via their Taxisnet account, together with the following documents: a) an application for suspension in the case of a standalone submission, The administrative appeal must be lodged with the tax authority that issued the decision within thirty (30)...

12 Aug 2026

0 Comments

Sticky

When Can the Sale of Investment Assets Be Treated as Business Income in Greece?

Posted by Niki Plyta

in Tax Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] The Greek Income Tax Code distinguishes between income derived from investment activities and income arising from the carrying on of a business. In certain circumstances, gains realised by individuals from the disposal of assets may be treated as business income rather than capital gains. This distinction can have significant tax implications, particularly where the assets disposed of do not fall within the categories of securities specifically covered by the capital gains provisions of the Income Tax Code. The Legal Framework Article 21 of the Greek Income Tax Code provides that a "business transaction" exists where a transaction is carried out...

11 Aug 2026

0 Comments

Sticky

Greece Introduces Binding Tax Rulings

Posted by Niki Plyta

in Tax Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text] Law 5301/2026 marks one of the most important developments in Greek tax administration in recent years by introducing, for the first time, a formal Binding Tax Ruling (BTR) procedure. Alongside this innovation, the new legislation also reforms several provisions of the Code of Tax Procedure concerning tax penalties and cash payment restrictions. The new framework is expected to enhance legal certainty for taxpayers, particularly in complex domestic and cross-border transactions, while bringing Greece closer to the practices already followed in many other OECD and EU jurisdictions. Introduction of Binding Tax Rulings The centrepiece of the new legislation is the insertion of Article 9A into...

06 Jul 2026

0 Comments

Sticky

Inheritance Rights of a cohabiting partner” / “de facto partner”

Posted by Angeliki Spyridon

in Family Law, Special topics

The recent recognition, under Law 5303/2026, of inheritance rights in favor of a person who was in a stable and permanent common-law relationship with the decedent constitutes one of the most significant developments in Greek inheritance law. The legislature, taking into account contemporary forms of family cohabitation, provides specific protection to the surviving partner, both through rights to certain assets and through the possibility of participating in intestate succession. This protection is not identical to that afforded to a spouse, nor does it lead to a complete equivalence of the two institutions. However, the surviving cohabitant now acquires substantive rights, which,...

05 Jun 2026

0 Comments

Sticky

What you need to know before engaging an estate agent in Greece

Posted by Angeliki Spyridon

in Real Estate, Special topics

A real estate brokerage agreement must be concluded in writing. The agreements must include details of the contracting parties (Tax Identification Numbers (TIN), Broker’s GEMI number, description of the property, type of main contract (e.g. sale or lease) for which the agent shall provide his/her services). The Brokerage fee (which can be either a certain amount or a percentage of the price of the main contract to be signed), is freely negotiable. A usual practice is that the brokerage fee is calculated at 2% of the price of the main contract. The fee is payable when the main contract...

28 May 2026

0 Comments

Sticky

Digital Nomad Visa vs. 5C Tax Regime

Posted by Angeliki Spyridon

in Immigration Law, Special topics

Interaction Between a Tax Incentive and an Immigration Route in Greece Greece has emerged as an attractive destination for internationally mobile professionals, offering both immigration pathways for remote workers and favourable tax incentives for new tax residents. Among the most discussed frameworks are the Digital Nomad Visa and the 5C tax regime. Although both regimes target individuals relocating to Greece, they are designed for fundamentally different categories of taxpayers and professionals. Their interaction may create practical and legal conflicts that should be carefully assessed before relocation. The Digital Nomad Visa (Residence Permit “Z.1”) The Greek Digital Nomad framework applies exclusively to third-country nationals (non-EU...

Practice Areas

Contact details