The same limitation principle is, also, included in the Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation) commonly known as “GDPR”, which shall apply from 25.05.2018 across the Members of EU....
Continue reading1. Association (articles 78 of Greek Civil Code) Provisions of incorporation: a) Minimum 20 members b) Non-profit purpose...
Continue readingThe recent No. 109343/12/2017 Common Ministerial Decision of the Ministers of Education, Research and Religious Affairs and of Finance, for the determination of the criteria for the characterization of the expenses of scientific and technological research of enterprises under article 22A of the Income Taxation Code (L.4172 / 2013)....
Continue readingGreek law offers robust tax incentives to businesses involved in scientific and technological research....
Continue readingThe legal provisions in the Civil Code-hereinafter called for brevity 'AK' – regarding the judicial guardianship (Articles 1666 up to 1688 AK) do not make a specific reference to the actions that the judicial assistant may attempt, either alone, without the involvement of any other or with the consent of the supervisory council, or upon Court authorization ...
Continue readingForeigners who wish to buy real estate property in Greece are not expressly required by the law to open a bank account with a bank in Greece; in practice, however, they need to open an account in order to be able to pay the real estate transfer tax. to open a bank account in Greece, where the account holder is a foreign citizen, it is the same as that required by Bank of Greece from Greek citizens ...
Continue readingUnder Article 17 par 1Α of Law 4251/2014 and by decision of the General Secretary of the Region, a two-year residence permit is granted to a member of the Board of Directors of a Greek SA company subsidiary to a foreign company, provided that the third-country national has obtained the relevant D type visa and satisfies the requirements set below (see phase two-specific supporting documents)....
Continue readingArticle 931 Civil Code stipulates that “any handicap or deformity caused to the victim is taken into consideration for the award of compensation, if it affects his future”....
Continue readingThose who wish to engage in commercial practice for the first time or alongside with their main activity, pursuing a common objective with at least one partner, have the option of establishing some form of company. The advantages of establishing a company are the following: a) a new legal entity is formed, with its own property and b) a contractual relationship is created between the partners....
Continue readingLaw 3777/2009 was passed in compliance with Directive 2005/56/EC issued by the European Parliament and the Council of the European Union with regards to cross-border mergers of capital companies (i.e. SA companies, limited liability companies, etc) between different member-states....
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