For many foreign investors, the Greek IKE (Private Capital Company) is the most practical way to establish a local presence. It has separate legal personality, may be formed by one or more shareholders, and can even operate as a single-member company. For international use, Greek law allows it to be presented as a Private Company…
VAT is one of the first issues foreign businesses should review before starting operations in Greece. The standard Greek VAT rate is currently 24%, with reduced rates applying only in specific cases. Whether a foreign company needs Greek VAT registration depends on its business model, place of supply and whether it carries out taxable transactions…
Setting up an IKE (LTD ) in Greece: a flexible and tax-efficient option for foreign companies
For many foreign companies seeking to establish a business presence in Greece, the Private Capital Company (IKE) is often the most practical and flexible option. An IKE has separate legal personality and, as a rule, limited liability at company…
Common Tax Mistakes That Can Cost Your Business Dearly Even profitable businesses can face serious financial pressure when tax obligations are not handled correctly. In many cases, the problem is not deliberate non-compliance, but small errors that gradually lead to penalties, interest, lost deductions, cash-flow issues, and unnecessary exposure during a tax audit. For business…
How should earnings on cryptocurrency be taxed.
Assuming you are asking about Greece, the cleanest answer is this:
Crypto earnings are taxable, but Greece still does not appear to have a fully explicit, crypto-specific income-tax line in the published AADE materials. AADE’s published income categories remain: employment, business income, capital income, and capital gains. On…
Official letter for assignment of the VAT ID number and a certificate for OIB are in attachment.
Taxable persons who have been assigned a Croatian VAT ID Number are entered into the VAT Register which means that they are required to submit monthly VAT returns (PDV Form) in the Republic of Croatia but only for…