17 Dec 2025

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Practical guide to the preferential tax regimes available for individuals moving their tax residency to Greece

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] Since the end of 2019, Greece was added to the list of countries that have enacted favorable tax regimes designed to attract individuals to move their tax residence in the country. These regimes are (i) the non-dom tax regime, (ii) the pensioner regime, and (iii) the employee and self-employed regime, known as 5A, 5B and 5C regimes respectively, as per the corresponding articles of the Income Tax Code by which they were introduced. This article provides an overview of the most important features of each of them, considering the most recent amendments and administrative interpretations since their enactment. 5A...

15 Dec 2025

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Alternative taxation method for recipients of pension income who transfer their tax residency in Greece – procedure and documentation

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] Article 5B of Law 4172/2013 states that an individual who receives foreign pension (“foreign pensioner”) and who transfers their tax residence to Greece is subject to an alternative taxation method for income generated abroad. More specifically, they pay a flat rate tax for each tax year at a rate of 7% for all income (including capital gains) generated abroad. In order to join this scheme, the following conditions must be cumulatively met: the applicant must not have been tax resident in Greece in 5 out of the 6 years prior to the transfer of their tax residence to Greece...

05 Dec 2025

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The “non-dom” tax regime: Alternative taxation of foreign-source income of individuals transferring their tax residence to Greece – Article 5A of the Greek Income Tax Code

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

[vc_row triangle_shape="no"][vc_column][vc_column_text css=""] Conditions for inclusion in the regime The provisions of article 5A of Law 4172/2013-Greek Income Tax Code (ITC) provide for an alternative tax regime, commonly known as the “non-dom regime”, according to which a taxpayer individual who transfers his or her tax residence to Greece can be taxed in an alternative manner for income generated abroad (i.e. foreign-source income) , provided all the following conditions are met: a) he or she was not tax resident in Greece during 7 out of the previous 8 years prior to transfer of his or her tax residence to Greece, which is examined based...

24 Oct 2025

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Golden Visa – Investments in greek entities (articles 97, 98, 99, 100A of Law 5038_2023)

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Immigration Law, Special topics

Golden Visa - Table of permitted investments in Greek entities (articles 97, 98, 99, 100A of Law 5038/2023) FINANCIAL INVESTMENTS Category of investment Minimum investment value Comments - Remarks Contribution of capital to a company which has its registered office or establishment in Greece, for the acquisition of shares in a share capital increase or bonds in the issuance of a bond loan, which are admitted to trading on regulated markets or multilateral trading facilities operating in Greece. €500.000 Article 99 par. 1a of Law 5038/2023 Excludes Portfolio Investment Companies and Real Estate Investment Companies The investment is carried out through an investment intermediary company under Article 4 of...

22 Oct 2025

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Reacquisition of Greek citizenship by victims of the Holocaust who previously held Greek citizenship (born in Greece before May 9, 1945, and in direct line of descent)

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Immigration Law, Special topics

Greek citizenship is restored or granted to persons of Jewish origin in the following two cases, which presuppose that the person of Jewish origin is or was born in Greece before 9 May 1945. There is no special visa related to this right, neither the application for Greek citizenship gives the right to reside in Greece before the application is accepted. In particular, 1. Citizens of Israel or of other countries of Jewish origin, as evidenced by public documents, who were born in Greece before 9 May 1945 and are still alive, shall be restored to Greek citizenship, provided that they previously...

10 Oct 2025

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Appointment of a sole director (instead of a Board of Directors) in Greek S.A. companies

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Company Law, Special topics

A significant innovation of Law 4548/2018 is Article 115, which for the first time provides for the possibility of managing a public limited company by a single-member administrative body for small and very small enterprises that do not have shares on the regulated market, instead of the existing institutional framework, which stipulated that the sole administrative body of a public limited company was a board of directors with three-members as a minimum. For the definition of "micro," "small," "medium," and "large" enterprises, the provision of Article 2(k) of Law 4548/2018 refers to the entities of Law 4308/2013 and specifically states that...

23 Sep 2025

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The factors that will determine the Greek real estate market

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Real Estate, Special topics

In the Greek real estate market, rents continue their upward trend, inflation in construction materials is running faster than the average index, construction activity is shrinking due to pending issues in the New Building Regulation, and sales prices are reaching new historic highs. Critical parameters include the government's efforts to stimulate the supply of real estate, the course of interest rates, and the prospect of utilizing more European funds to cover housing needs. Investors are cautious at this stage, as sales prices and construction costs are at their highest level ever, increasing the risk. Below are presented the main parameters, according...

23 Sep 2025

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European Payment Order

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Commercial Law, Special topics

European Payment Order The European Payment Order, regulated by Regulation (EC) No 1896/2006, is a simplified, standardized procedure that allows a creditor to claim unpaid, uncontested monetary claims of a cross-border nature within the European Union without the need for complex or time-consuming court proceedings to obtain an enforcement order. Specifically, the procedure applies to civil and commercial matters and requires one of the parties to have their residence/ seat in a Member State other than that of the court to which the applicant is applying for the European Payment Order (cross-border nature) and the claim must be clear, specific, and...

16 Sep 2025

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Comparative overview of S.A. and I.K.E.

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Company Law, Special topics

Corporate Type S.A. I.K.E. Type of company Capital Capital Incorporation One-stop service of the Business Chamber or certified notary. One-stop service of the Business Chamber or certified notary. Commercial activity by law Yes, article 1 par. 2 of Law 4548/2018. Yes, article 43 par. 1 of Law 4072/2012. Participation in the company By shares, and other titles provided for in Article 33 of Law 4548/2018 (e.g. bonds, warrants). By company shares Possibility to pledge the shares/company shares Yes, article 54 of Law 4548/2018. Yes, article 75 par. 4 of Law 4072/2012. Minimum capital upon incorporation €25.000, article 15 par. 2 of Law 4548/2018. €1, article 43 par. 3 of Law 4072/2012. Ability to form the capital by contributions in kind Yes, article...

15 Sep 2025

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Tax treatment of listed shares and stock options

Posted by ΧΡΙΣΤΙΝΑ ΣΑΚΕΛΛΙΑ

in Tax Law, Special topics

1. Tax treatment of listed shares, where the seller also holds stock options The Greek law (article 42 par. 1 (b) of the Greek Income Tax Code – “ITC”) provides for an exemption from capital gains tax of 15% on the capital gains derived from the transfer of listed shares where the seller holds less than 0.5% of the listed company’s share capital. The question of whether stock options are taken into consideration for the determination of the holding percentage in order to assess the application of the tax exemption is not explicitly regulated by the Greek tax law. However, stock options, by...

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