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Establishment of a Branch of a Bulgarian Company in Greece

EPIDOSIS, with a physical presence in Bulgaria, can contribute to the expansion
of your business from Bulgaria to Greece, while maintaining your headquarters in
Bulgaria (Headquarters)
and keeping management in your hands.
This can be achieved by establishing a branch
in Greece. (Branch).

In case you have a company in the neighboring country (Bulgaria), we undertake undertake the establishment of a branch in Greece, ensuring several positive outcomes for you:

  • The legal representative of the foreign branch in Greece is not
    υsubject to social security contributions
    το ΕFΚΑ.
  • The legal representative is not subject to personal taxation. Therefore,
    they do not receive compensation from the branch in their personal income statement and are
    not taxed.
  • Dividend distribution tax in Greece (5% on corporate profits after taxes)
    does not apply to the case of a foreign branch, as the profits after taxes are
    repatriated to Bulgaria and taxed there.
  • The legal representative of the branch, with a Greek VAT number
    represents the company and is not sought after by Greek authorities

    for tax and insurance updates.
  • The of the foreign branch is subject to Greek law with a
    22% tax on net profits,
    , but with the help of consolidated financial statements
    we manage to find a balance in the tax burden.
  • Intra-community transactions(without VAT) through the Parent company
    in Bulgaria and the branch in Greece.
  • Jointly shaped cash reserves with the headquarters abroad
    providing flexibility in capital transfer and internal
    lending.

The branch of the Bulgarian company in Greece has:

  • A Greek VAT number, falls under the Tax Office for Anonymous Companies, and can
    conduct all transactions, including intra-community ones.
  • Regular inclusion in VAT.
  • Fiscal Cash Register or Fiscal Mechanism.
  • Keeps duplicate books (Category C)
  • Employs staff with EFKA insurance holding an Employer Registration Number
  • Rents facilities in our country (store, office, production unit,
    warehouse, etc.).
  • Can have any CAE (Class of Economic Activity).
  • Operates and is treated in all matters matters like other Greek
    companies.
  • Has an EORI number and can handle customs clearances in Greece.
  • Has an IBAN in a Greek bank and can perform all banking
    transactions
  • Can participate in ΕSPΑ actions to receive subsidies.
  • Has the ability to purchase propertiesin Greece.

The branch of the Bulgarian company in Greece, beyond expanding
into the thriving Greek market, will enhance the image of your business,
making it multinational
, and adding additional tax advantages
to its activities. Do not hesitate to contact our experienced executives to
discuss all the above in a personalized tax planning meeting.

You can send us a message on the Contact Formor you can call at our offices in Athens 2106810690 or in Thessaloniki 2310477725 to set the date of the seminar..

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EPIDOSIS is a company providing specialized consulting services that comprehensively support the stability and growth of business esa in the following areas: 1. Tax Analysis

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Our Philosophy We provide high-standard legal services tailored to the specificities of each case, building a relationship of trust with our clients. With specialized legal