This was stated, by the Minister of Finance, Christos Staikouras, who also described the network of short-term policies that will support the restart of the economy. The cost of the support measures will approach 15 billion euros this year, with a target…
The Ministry of Finance announced on April 22nd new tax cuts and the abolition of the special solidarity contribution for natural persons engaged in business activity, legal persons and legal entities. More specifically: From this year onwards, the mandatory tax pre-payment will be permanently reduced from 100% to 55% for all individuals engaged in business…
Transfer Pricing documentation for all types of intra-group transactions has been applicable to Greek entities for over a decade. However, a lot has changed the past few years, in fact, even the relevant law itself, during the pre-BEPS period and…
as of 1st of January 2021 With the provision of article 298 of law 4738/2020, with which paragraph 50 was added to article 72 of law 4172/2013, Greek solidarity tax has been abolished for one year, as of January 1st, 2021. Should the taxable income from…
Whilst in everyday life disputes between individuals are commonplace, the same happens within organizations. Disputes are an inevitable byproduct of doing business and the nature of litigation is increasingly complex. Eurofast can assist you. Our ServicesMeasurement and representation of the…
It is widely known that brain drain is the worst threat to a country’s prosperity. The Greek government announced legislative initiatives to reverse this phenomenon, to attract foreign investment and to invite foreign nationals to settle and work in Greece. The legislative…
We would like to inform you that the extended suspension of operation of the information system “Central Register of Ultimate Beneficiary Owners (“UBOs”) per article 20 of law 4557/2018 expired on October 1st, 2020. The entities doing business in Greece…
On Thursday, 23rd January 2020, Eurofast threw a house-warming party celebrating 40 years of presence in the Business Market and inaugurating the new Eurofast-owned offices in Athens, Greece. The event was attended by more than 200 guests who savored a…
A joint ministerial decision (46440/19/2019) has been published in the national Gazette (4155/12.11.19) clarifying the documents, procedures and all relevant issues in regards to the granting of entry visa and residence permit in Greece through equity investments, bonds or bank…
In September, several news sources reported that the Greek government plans to introduce a limited citizenship – granting scheme to non-EU nationals. The criteria mentioned included an investment of more than €2 million in the real-estate market. If the program…