Thessalias 96, 132 31 Petroupoli, Athens +30 210 50 68 240 info@lesstax.gr

Company formation in Greece

The right legal form and a properly set-up accounting system from day one save years of corrections later. We handle the whole process — from the idea to your first invoice.

What's included

Everything your new business needs

Choice of legal form

Comparative analysis of sole trader, IKE (private company), OE/EE partnerships, EPE and AE (S.A.) based on taxation, social security, partner liability and growth plans — with numbers, not generalities.

Incorporation & tax registration

Articles of association, One-Stop Shop / GEMI business registry, commencement of operations with the tax authority (AADE), activity codes and social-security (EFKA) registration. You sign — we run everything else.

Accounting systems

Setup of books (single-entry or double-entry), electronic invoicing, connection to the myDATA e-books platform and selection of the right tools for your size.

Process design

Document flows, responsibilities, deadlines and a monthly compliance calendar, so the business runs in an organised way from the start.

The process

From idea to first invoice, in three steps

  1. Introduction & study

    We record your activity, partners and goals, and compare the available legal forms with realistic tax scenarios.

  2. Incorporation

    We prepare the articles and documentation, complete incorporation and tax registration, and make the required GEMI and EFKA filings.

  3. Going live

    We set up books, invoicing and myDATA, and hand over a clear plan of obligations for your first months of operation.

FAQ

Company formation questions

Which legal form is right for my new business in Greece?

It depends on your projected turnover, the number of partners, the liability you are willing to accept, and your tax and social-security position. We compare sole trader, IKE (private company), OE/EE (partnerships), EPE and AE (S.A.) with real numbers before you decide.

How long does incorporation take?

For most forms — for example an IKE through the One-Stop Shop — incorporation is usually completed within a few working days once the documentation is complete. Total time depends on the registered seat, the articles of association and any licensing your activity requires.

Can a foreign resident open a company in Greece?

Yes. Foreign individuals and legal entities can incorporate in Greece. A Greek tax number (AFM) is required and, depending on the case, a fiscal representative. We handle the registrations and coordinate the whole process in English.

Once you are up and running, see how we continue with bookkeeping and monthly accounting for your company.

Starting a business in Greece?

Before you sign anything, talk to us. One hour of proper planning at the start is worth years of corrections later.