Malta
Companies Taxation
Overview
Greece applies a flat 22% corporate tax rate on company profits, supplemented by a 10% solidarity levy and a capital duty. R&D incentives, IP regimes, and favorable structures for holding companies make Greece a competitive jurisdiction for international businesses.
Greek tax rules are fully aligned with EU directives and OECD guidelines, ensuring compliance and stability.
Greek Tax System for Companies
- Corporate Income Tax (CIT): 22% on annual profits.
- 10% solidarity levy on profits exceeding €1 million.
- Capital duty: 2‰ on share capital at incorporation.
- 5% withholding tax on domestic dividends; 15% on interest/royalties.
- No withholding on dividends to EU parent companies (Parent–Subsidiary Directive).
- Notional Interest Deduction (NID): 30% deduction on qualifying equity increases.
- Enhanced R&D super-deductions up to 200%; patent box regime available.
- Tax losses carried forward for 5 years (75% offset cap per year).
- OECD-aligned transfer pricing rules with country-by-country reporting.
- Extensive double tax treaty network enabling tax relief on cross-border flows.
Requirements and Procedures
- Register with the Greek General Commercial Registry (GEMI) and obtain a Tax ID (AFM).
- File corporate income tax return (Form N) by 30 September following fiscal year-end.
- Advance payments of CIT due in July and September.
- Prepare financial statements per Greek GAAP or IFRS.
- File capital duty declaration within four months of incorporation.
- Submit withholding tax returns by the 20th of each following month.
- Transfer pricing documentation must accompany tax return filing.
- Conduct statutory audit if turnover or asset thresholds are met.
- Retain accounting records and tax filings for 10 years.
- Claim R&D or patent deductions through proper annexes and documentation.
How Charfort can help you?
- Greek company registration and tax ID setup (GEMI, AFM).
- Strategic tax planning and solidarity levy impact analysis.
- Corporate income tax return preparation and filing.
- R&D tax credit and patent box advisory.
- Structuring and filing notional interest deductions.
- Support for statutory annual accounts.
- Withholding tax returns and treaty-based relief documentation.
- Representation before Greek tax authorities and dispute resolution.
Frequently asked questions
Everything you need to know about the process.
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