17 Oct 2019

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Acquisition & Revocation of Greek citizenship – Q&As

- Is it enough for someone to prove 24,000 euros per year alone? Or should have a formal job? Someone must prove at least 24,000 income for one person per year (e.g. bank accounts, etc). This income should not come from a job (this type of residence permit is for people who are financially independent persons = they have income without working). - Is it possible for someone to study in the EU with this residency? It is possible to study in Greece? If the sponsor (the person who has the income and gets the FIP residence permit), also has a child less...

04 Oct 2019

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New Greek Law on the protection of natural persons with regard to the processing of personal data and on the free movement of such data and transposition into Greek legislation of Directive (EU) 2016/680

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Personal Data Protection, Special topics

Under a fast track procedure, the Law on the protection of personal data was adopted as it was finally drafted after the public consultation. The new Greek law on the protection of personal data, which came into force on 29.08.2019, i.e. Law 4624/2019, is based on the provisions of Regulation (EU) 2016/679 (“GDPR”) and incorporates the provisions of Directive (EU) 2016/680 into the Greek legislation. GDPR allows Member States to derogate from its provisions and to adopt restrictions on the processing of personal data and the exercise of the rights of the data subjects. Significant derogations from the provisions of the GDPR are...

05 Jul 2019

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Requirements – Procedure – Timeframe for the Acquisition of shares of a Greek Private Company by a non-Greek Company

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

Requirements – Procedure – Timeframe for the Acquisition of shares of a Greek Private Company by a non-Greek Company...

02 Jul 2019

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The applicable law to cross-border successions under Regulation (EU) 650/2012

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Civil Law, Special topics

Regulation (EU) 650/2012 of the European Parliament and of the Council of 4 July 2012 on jurisdiction, applicable law, recognition and enforcement of decisions and acceptance and enforcement of authentic instruments in matters of succession and on the creation of a European Certificate of Succession, was entered into force on the 17th of August 2015....

05 May 2019

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The procedure of correction of the Initial registrations before the Cadastre Office

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Real Estate, Special topics

The properties are registered at the Cadastral Office and receive a special code number (called “KAEK”). Any correction of the initial registrations of the property can be performed easily following the administrative procedure of “obvious error”. the correction of the initial registrations has an expiration date....

02 May 2019

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Exemption from real estate transfer tax

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

The real estate transfer tax rate applicable is 3% on the taxable value of the property. Real estate transfer tax exemption is provided only on the purchase of a “primary main residence”. Conditions required for the property transfer tax exemption....

23 Apr 2019

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The procedural aspects (step-by-step) of the filling of the tax return related to the gain from the transfer of shares

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

Tax residents in Greece should submit electronically, via their personal account on the official website of the Ministry of Finance (hereinafter “taxisnet”), a tax return in which they should declare their worldwide income, as well as the tax deducted abroad. ...

23 Apr 2019

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Acquisition and revocation of Greek citizenship

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Immigration Law, Special topics

he applicant’s place of birth is not determinative in acquiring citizenship, as made clear by the following reference to how Greek citizenship can be acquired.The following are the main options for a foreign adult to acquire Greek citizenship...

06 Mar 2019

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Law firm structures under Greek law

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Company Law, Special topics

Establishment of a Law Firm under Greek law The Articles of Incorporation include at least the purpose, the Partners,the representation, the required quorum and majority, dissolution...

08 Feb 2019

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Regulation (EU) 1215/2012

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Civil Law, Special topics

The Regulation (EU) 1215/2012 of the European Parliament and of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters entered into force on 10 January 2015. Scope The Regulation (EU) 1215/2012 applies to international disputes, i.e. disputes in the field of private law, which, because of the fact that they are connected with several jurisdictions present -when brought before the courts of a state- an international element in this regard. The regulation does not extend, in particular, to revenue, customs or administrative matters or the liability of the State for acts...

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