🇬🇷 Country Guide — Greece

Doing Business in Greece — Complete Guide 2025

Greece is the largest economy in the Balkans, a full EU and Eurozone member, and a gateway to the Eastern Mediterranean, Middle East and North Africa. Eastrategies® extended its regional coverage to Greece in 2024.

22%
Corporate Tax Rate
€220B
GDP — Largest Balkan Economy
10.4M
Population
2024
Eastrategies® presence since

Why Greece?

The Eastern Mediterranean Gateway

After years of economic restructuring, Greece has returned to solid growth, with GDP expanding above the EU average since 2022. The country's strategic location at the crossroads of Europe, Asia and Africa makes it an ideal hub for companies targeting the Eastern Mediterranean, Middle East and North Africa markets.

Greece offers a range of investment incentives including tax exemptions, subsidies and fast-track licensing for strategic investments. The "Golden Visa" programme and non-dom tax regime attract high-net-worth individuals and international entrepreneurs.

  • EU and Eurozone member — full single market access
  • Strategic location: gateway to MENA and Eastern Mediterranean
  • Non-dom tax regime for foreign income (7% flat rate)
  • World's largest shipping fleet — 20%+ of global capacity
  • Booming tourism sector — 30M+ visitors annually
  • Significant EU recovery fund investment (€30B+)

Company Setup in Greece

1

Choose Legal Structure

IKE (Private Company) or AE (SA) for larger operations. IKE minimum capital: €1.

2

Register with General Commercial Registry (GEMI)

Online registration available. Takes 3–7 business days.

3

Tax & VAT Registration

Mandatory VAT registration. Standard rate: 24%. Corporate tax: 22%.

4

Open Corporate Bank Account

Greek and international banks. Process takes 1–3 weeks.

5

Hire & Operate

Eastrategies® manages HR, payroll, accounting and full regulatory compliance.

Tax Overview — Greece 2025

Corporate Income Tax22%
Personal Income Tax9–44% (progressive)
VAT (standard rate)24%
Dividend Withholding Tax5%
Non-dom foreign income tax7% (flat, 15 years)

Key Sectors

Where Greece Excels

Tourism & Hospitality

Greece welcomes 30M+ tourists annually. Investment in hotels, resorts and tourism infrastructure is booming.

Energy & Renewables

Greece is a European leader in solar and wind energy. Significant EU-funded green transition investment underway.

Shipping & Logistics

Piraeus is the largest port in the Mediterranean. Greece controls 20%+ of global shipping capacity.

Technology & Startups

Athens is emerging as a tech hub with a growing startup ecosystem, EU funding and a return of diaspora talent.

Ready to Enter the Greek Market?

Our team covers Greece as part of our Eastern Mediterranean expansion. Book a free consultation with Marc Pascal Huot and get a tailored market entry plan.