NewsCase StudiesEvents

Taxation in Greece

Greece

Taxation in Greece

Recent forum posts

 

  1. ABORTION PILLS ON SALE (♥+27739423917♥)- Johannesburg, Cape Town, Pretoria, Durban, Soweto, Nelspruit, East London, Port Elizabeth

    If you want to know if a medication abortion is right for you or if you want to book an appointment Abortion Pills For Sale Boksburg Abortion Pills For Sale Brakpan Abortion Pills For Sale Clayville Abortion Pills For Sale Daveyton Abortion Pills In Devon Abortion Pills In Duduza Abortion Pills In Edenvale Abortion Pills For Sale Ennerdale Abortion Pills In Germiston Abortion Pills In Impumelelo A

    Total Posts: 1 Last post by Helper

  2. Looking for Top Assignment Help UAE Experts Online?

    Writing a dissertation can be stressful. Writers of Assignmenttask.com understand how hard it is to manage studies, deadlines, and personal life. That’s why they offer assignment help UAE experts to support students.Their faculty is always there to help students from start to finish. From topic selection, research, writing, or editing – they do it all. The team works with full dedication to ma

    Total Posts: 1 Last post by jamesabe

Taxation in Greece

You will need to apply for a Tax roll number (AFM). An AFM number is required to legally work in Greece (for national insurance and tax), to rent and buy property, or to buy a car or motorcycle.

You can apply for an AFM number at the local tax office with a copy of your passport and your birth certificate. Once you have obtained an AFM number, you are registered with the tax authorities and are required to submit a yearly tax return regardless of income.

Income Tax

An individual in Greece is liable for income tax if they are resident in Greece. A self-employed individual is obliged to make advance payments on income tax by filing an annual report. In the case of a new business, the advance payments will be calculated according to the estimates of the owner of the business. Advance payments are payable three times a year.

Income tax is (in Euros):

  • 22% on income between 1 and 20,000

  • 29% on income between 20,001 and 30,000

  •  37%on income between 30,001 and 40,000
  • 45% on income over 40,001

Corporate Tax

Foreign companies in Greece are taxed only on income that is generated in Greece. The standard corporate tax rate is 24%.

VAT

VAT rate is 23% in most cases. With a reduced rate of 13% and a super reduced rate of 6.5%

Click here to Ask an Expert about Taxation in Greece

Organisations that can assist with Taxation

    You are not logged in!

    Please login or register to ask our experts a question.

    Login now or register.