How to set up a limited liability company in Greece

Greece has simple conditions for registering a company.

Limited Liability Company (EPE).

The rights of the partners of an LLC are limited to the extent of the capital held by the individual. The articles of association of the company need to contain information about the partners and their holding capital (the registration process for a limited liability company is the same as that of ****).

A limited liability company can be formed by a single natural person or by multiple individuals. If the company is established by a single natural person, or if all the capital is held by a single natural person after incorporation, the company name needs to be changed to a sole proprietorship limited liability company.

There is no capital requirement for the registration of a limited liability company, and all the capital of the company is equally distributed to the partners, and all the funds need to be in place at the time of the company's establishment.

Company registration and publicity.

1. After notarization of the articles of association and other documents of the limited liability company, it shall be registered with the company registration office of the local court, which shall be the local court under which the company is registered and operated;

2. A limited liability company shall publicize its basic information in the "** Announcement" and "Announcement on the List of Joint-stock Limited Liability Companies and Limited Liability Companies", such as the name of the shareholder, the name of the company, the business place of the company's registration, the company's business scope and capital, and the company's form of expression. A limited liability company can obtain legal personality only after completing the above procedures, and the date of publicity of the limited liability company in the "** announcement" is considered to be the date of establishment of the company;

3. After the establishment of a limited liability company, it should be registered with the tax authorities and purchase the company account books printed by the tax authorities from the tax authorities, and the limited liability company should also be registered with the local chamber of commerce.

Steps to set up a company.

1.The name of the company.

At the beginning of the process of registering a company in Greece, it is advisable to check the company name at the Industrial and Commercial Office (it can issue a certificate confirming that the company name is unique). The entrepreneur must submit the corporate documents to the Athens Bar Association and, after obtaining this certificate, sign the articles of association in front of a notary public.

2.Share capital.

The minimum share capital (or initial capital) must be entered into a bank account during the incorporation process and prior to the incorporation of the company.

3.Documents required to register the company Information.

Company A's name.

bDirector's details (full name, date of birth, address and nationality).

c. Shareholder's details (full name and address).

dProof of identity (passport, ID card, driver's license).

Proof of residential address (gas, electricity bill or credit card, debit card, bank statement within the last 3 months).

4.Registered office.

It is mandatory to provide a physical address to the authorities, and the Tax** will verify the place on the spot.

5.Filing of Articles of Incorporation.

Register with the Secretariat of the Court of First Instance and send a summary of the articles to the Printing Office for publication in the Gazette of the GUAN (Fyllo Efimeridas tis Kyverniseos).

6.The final step is to register with chambers of commerce and industry, social service agencies and state authorities to obtain the necessary ** and administrative references and approvals;

7.The registration of the company was successful.

If you want to set up a Greek limited liability company, you can entrust a ** agency to handle it on your behalf, and the general process is as follows:

1. Provide the name of the Greek company and search the register;

2. Provide the documents required for the registration of the Greek company;

3. Sign the agreement, sign the entrustment agreement, and make the payment;

4. Preparation and signing of statutory documents;

5. Approval and completion of company registration procedures;

6. Collect the company registration documents.

Yes, you can register.

Greece company registration can meet the following conditions:

1. Registered Greek companies can enjoy international brands and improve corporate image;

2. It can reasonably reduce financial and tax expenditures;

3. Facilitate international ** and avoid tariff barriers;

4. High quality of labor, Greece has a well-educated, skilled and high-quality labor force, and the labor cost is lower than that of other European countries;

5. Greece can provide high-quality logistics and communication infrastructure;

6. After the establishment of a Greek company, it can also invest in the mainland, transform into a foreign-funded enterprise or joint venture, and enjoy the treatment of foreign capital.

Glad for your question :

1.Excellent location.

2.Easy access to the EU market.

3.The infrastructure is well developed.

4.Favorable conditions for foreign investment.

5.The cost of setting up a company in Greece is relatively low.

Company Type 1Greece Limited Liability Company (EPE).

Greece Limited Liability Company is the most common type of company when setting up a small business in Greece, it requires at least 1 shareholder and 1 director, these directors can be individuals or legal entities of any nationality, the directors and shareholders of the company do not need to reside in Greece, and the minimum share capital of 4,500 euros is required at the time of registration.

A statutory auditor must be appointed if the following two conditions are met: an annual turnover of more than 5 million euros; Total assets exceed 2.5 million euros.

2.Greek Public **** (ae).

Greece AE requires at least one shareholder and 3 directors (can be individuals or legal entities), directors and shareholders can be of any nationality and do not need to reside in Greece, the minimum share capital requirement for this type is 60,000 euros, which must be fully paid up within two months of the establishment of the Greek business.

A statutory auditor is required to be appointed after the establishment of the public ****.

3.Greek Private Capital Company (IKE).

Like an LLC, an IKE can be made up of one director and one shareholder, who can be of any nationality, but unlike an LLC, the minimum share capital required is only €1.

Tips: You can only register IKE for a certain period of time, and you must apply for an extension of the company's business after the expiration.

4.Hellenic branch.

A minimum of 1 director and 1 legal representative is required, they must be residents of Greece, and the branch is not considered a separate legal entity, so its parent company is responsible for its obligations and activities.

5.Greece Representative Office.

Foreign legal entities can set up a representative office in Greece, a Greek representative office is not considered a legal entity and is not allowed to engage in any profit-making activities in Greece, only such Greek business entities are allowed to conduct market research and promote the products and services of the parent company.

Company registration requirements and steps.

1.Create a business plan with clear business objectives;

2.Gather information about founders and beneficial owners;

3.Verify the name of the company and obtain a certificate of its uniqueness;

4.business address;

5.Open a bank account and deposit a minimum share capital;

6.Formal preparation of statutory documents (Memorandum and Articles of Association) and completion of registration**;

7.Submit and review a complete set of registration documents;

8.Publication of company registration information;

9.Creation of a company seal;

10.tax registration;

11.Permits and licenses (see requirements, depending on the type of business operated).