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…
Financial motivation alone is never enough to decide upon one’s return to a country or even to move to another employer. The excellent lifestyle, the mild climate along with the working conditions play a vital role in such decision making….
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…
Following the introduction of the non-dom regime for high net-worth individuals (HNWIs) in Greece, the Greek Parliament voted further the Law 4714/31.7.2020 regulating the non-dom regime specifically for foreign pensioners. In brief it stipulates that individuals, being beneficiaries of pension…
[print_link] Dear clients, associates and friends We have already entered the two hottest months of the summer safely. This is a very special summer, in the midst of a pandemic, daunting most people at the thought of their summer vacations….
[print_link] The transfer of a newly built property (prior to its initial use/occupation) as well as of the plot on which the building is situated on is subject to VAT in Greece. This is provided that the building permit is…
[print_link] In aiming to attract investments and foster its economy, the Greek government is preparing its new draft bill that will provide further reductions in taxes and social security contributions. Specifically, the new draft bill is expected to reduce to social security contributions…
The Greek banks have recently unveiled new measures to combat the impact of COVID-19 as listed below: NATIONAL BANK of GREECE (NBG) measures: For medium and large sized companies, a deferral of the principal instalments due between March 1st 2020…