{"id":49806,"date":"2024-01-01T15:59:58","date_gmt":"2024-01-01T15:59:58","guid":{"rendered":"https:\/\/epidosis.gr\/EpidosisBlog\/?p=49806"},"modified":"2024-01-03T13:37:04","modified_gmt":"2024-01-03T13:37:04","slug":"10-tips-for-your-business-costing-3","status":"publish","type":"post","link":"https:\/\/epidosis.gr\/en\/10-tips-for-your-business-costing-3\/","title":{"rendered":"Q&amp;A: The 5 most frequently asked questions about Development in Greece"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"49806\" class=\"elementor elementor-49806 elementor-49805\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a443e0e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a443e0e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f645fa4\" data-id=\"f645fa4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db5fb49 elementor-widget elementor-widget-heading\" data-id=\"db5fb49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. What are the advantages of establishing a company in Greece?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f376ca elementor-widget elementor-widget-text-editor\" data-id=\"0f376ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li>Easy process of establishing a company in Greece.<\/li>\n<li>Simplified paperwork. An example is the Private Capital Companies for the <strong>establishment of which it takes 1-3 days.<\/strong><\/li>\n<li>A Private Capital Company has legal personality, is commercial and can be sole proprietorship<\/li>\n<li>The corporate tax in the case of I.K.E. amounts to 22%<\/li>\n<li>Dividend distribution tax is 5%<\/li>\n<li>The tax advance for the first 3 years is reduced by 50%. After the third year of establishment the advance tax amounts to 100%<\/li>\n<li>The application fee amounts to 1000 euros (\u20ac) per year.<\/li>\n<li>Insurance contributions (E.F.K.A. Self Employed) start from \u20ac126 per month for new insured persons and from \u20ac220 per month for old insured persons<\/li>\n<li>In the case of I.K.E. the liability of the partners is limited, as the partners are not liable with their own personal property for the financial obligations of the company<\/li>\n<li>The <strong>minimum amount of initial capital is 1 euro (\u20ac)<\/strong><\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aca0922 elementor-widget elementor-widget-heading\" data-id=\"aca0922\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Why Choose an IKE?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f775ad elementor-widget elementor-widget-text-editor\" data-id=\"6f775ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li>The duration can now be not only definite but also indefinite.<\/li>\n<li>IKE&#8217;s profits are taxed at a constant rate of 22% regardless of profit, while the advance rate applies at 40% for the first 3 years from the year of establishment and at 80% thereafter.<\/li>\n<li>Dividends are taxed at a rate of 5%.<\/li>\n<li>The initial capital for setting up an IKE can be 0 euros.<\/li>\n<li>Its formation is done by registration in the General Commercial Register (G.E.MI.) and with it both the main bodies of the company are created: the meeting of partners and the company administrator.<\/li>\n<li>Protection of the personal property of the partner, as it is never at risk for the company&#8217;s obligations.<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780d9c8 elementor-widget elementor-widget-image\" data-id=\"780d9c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"656\" src=\"https:\/\/epidosis.gr\/wp-content\/uploads\/2024\/01\/BLOG_C_020124_Epidosis.png\" class=\"attachment-large size-large wp-image-49819\" alt=\"\" srcset=\"https:\/\/epidosis.gr\/wp-content\/uploads\/2024\/01\/BLOG_C_020124_Epidosis.png 1000w, https:\/\/epidosis.gr\/wp-content\/uploads\/2024\/01\/BLOG_C_020124_Epidosis-300x197.png 300w, https:\/\/epidosis.gr\/wp-content\/uploads\/2024\/01\/BLOG_C_020124_Epidosis-768x504.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-471065d elementor-widget elementor-widget-heading\" data-id=\"471065d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. What services does EPIDOSIS offer to your business in Greece?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c926a94 elementor-widget elementor-widget-text-editor\" data-id=\"c926a94\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li>Personalized Tax Planning based on Greek tax legislation<\/li>\n<li>Establishment of a company in Greece<\/li>\n<li>Establishment of a Branch in Greece<\/li>\n<li>Establishment of a Branch of a Greek company abroad<\/li>\n<li>Accounting Support: Tax Returns, VAT Management and Submission, Financial Statements of Individuals \/ Partners<\/li>\n<li>Legal Support<\/li>\n<li>Training of the Clients<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d65b4a9 elementor-widget elementor-widget-heading\" data-id=\"d65b4a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. What is the economic perspective of Greece? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a0fb3d elementor-widget elementor-widget-text-editor\" data-id=\"3a0fb3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li>Wood estimates that the current account deficit will stand at 7.4% of GDP in 2023 and decline to 6.5% of GDP in 2024. <\/li>\n<\/ul>\n<p><strong>Commission for Greece:<\/strong><\/p>\n<ul>\n<li><strong>Growth of 2.3% In 2024, 2.2% in 2024 and 2025 <\/strong><\/li>\n<li>Inflation is forecast to slow down to 4.3% this year and 2.8% by 2024.<\/li>\n<li>Primary surplus of 2.5% for 2024<\/li>\n<\/ul>\n<ul>\n<li>Internationalized business environment<\/li>\n<li>Stable growing banking system<\/li>\n<li>Continued economic growth<\/li>\n<li>Easy expansion into new markets<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db364bb elementor-widget elementor-widget-heading\" data-id=\"db364bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. What are the opportunities for investment in innovative sectors? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c777ea9 elementor-widget elementor-widget-text-editor\" data-id=\"c777ea9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In Greece, there are several innovative sectors that offer opportunities for investment. Some of them include:<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28d1d12 elementor-widget elementor-widget-text-editor\" data-id=\"28d1d12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li><strong>Renewable Energy:<\/strong> Growth in the field of renewable energy such as solar and wind power presents significant opportunities due to the growing commitment to green energy.<\/li>\n<li><strong>Information and Communication Technologies (ICT): <\/strong> The evolution of ICT opens new possibilities, such as health applications, artificial intelligence, and cyber security.<\/li>\n<li><strong>Tourism and Culture:<\/strong> : The tourism sector in Greece remains strong, with opportunities for innovative approaches to travel and culture experience.<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b2ae028 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b2ae028\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-634c93e\" data-id=\"634c93e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d15f923 elementor-widget elementor-widget-text-editor\" data-id=\"d15f923\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">You can send us a message on the&nbsp;<\/span><strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><a style=\"color: #000000;\" href=\"https:\/\/epidosis.gr\/contact\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/epidosis.gr\/contact&amp;source=gmail&amp;ust=1682768182473000&amp;usg=AOvVaw3ySEhDn_ynTjCq-mHLnJpj\"><span style=\"color: #ff6600;\">Contact Form &nbsp;<\/span><\/a><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">or you can call at our offices in Athens &nbsp;<\/span> <strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"tel:+302106810690\" target=\"_blank\" rel=\"noopener\">2106810690<\/a><\/span><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\"> on in Thessaloniki <\/span><strong style=\"font-size: 1rem; font-style: inherit; color: rgb(0, 0, 0); background-color: var(--ast-global-color-4);\"><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"tel:+302310477725\" target=\"_blank\" rel=\"noopener\">2310477725 <\/a><\/span><\/strong><span style=\"font-family: GothamGRMedium, sans-serif, \"Proxima Nova\", sans-serif; font-size: 1rem; font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-4);\">to set the date of the seminar.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9242aad elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9242aad\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-02e4862\" data-id=\"02e4862\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-88f03b5 elementor-widget-divider--view-line_icon elementor-view-default elementor-widget-divider--element-align-center elementor-widget elementor-widget-divider\" data-id=\"88f03b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon elementor-divider__element\">\n\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-book-open\" viewBox=\"0 0 576 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M542.22 32.05c-54.8 3.11-163.72 14.43-230.96 55.59-4.64 2.84-7.27 7.89-7.27 13.17v363.87c0 11.55 12.63 18.85 23.28 13.49 69.18-34.82 169.23-44.32 218.7-46.92 16.89-.89 30.02-14.43 30.02-30.66V62.75c.01-17.71-15.35-31.74-33.77-30.7zM264.73 87.64C197.5 46.48 88.58 35.17 33.78 32.05 15.36 31.01 0 45.04 0 62.75V400.6c0 16.24 13.13 29.78 30.02 30.66 49.49 2.6 149.59 12.11 218.77 46.95 10.62 5.35 23.21-1.94 23.21-13.46V100.63c0-5.29-2.62-10.14-7.27-12.99z\"><\/path><\/svg><\/div>\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-21ecd17 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"21ecd17\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c39d3b\" data-id=\"3c39d3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>1. What are the advantages of establishing a company in Greece? Easy process of establishing a company in Greece. Simplified paperwork. An example is the Private Capital Companies for the establishment of which it takes 1-3 days. A Private Capital Company has legal personality, is commercial and can be sole proprietorship The corporate tax in [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":49782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[27,28,29,14],"tags":[],"class_list":["post-49806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-en","category-blog","category-newsletter-en","category-14"],"acf":[],"_links":{"self":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/comments?post=49806"}],"version-history":[{"count":3,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49806\/revisions"}],"predecessor-version":[{"id":49831,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/posts\/49806\/revisions\/49831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media\/49782"}],"wp:attachment":[{"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/media?parent=49806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/categories?post=49806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epidosis.gr\/en\/wp-json\/wp\/v2\/tags?post=49806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}