CORPORATE TAX IN GREECE
PRACTICAL GUIDE
Companies operating in Greece must comply with corporate tax regulations, VAT obligations and ongoing financial reporting requirements.
Corporate tax compliance involves more than paying taxes.
Businesses must maintain proper accounting records, submit periodic filings and ensure their financial reporting can withstand potential tax audits.
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This guide highlights the key tax obligations companies should understand when operating in Greece.
KEY TAKE AWAYS
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Corporate income tax: approximately 22% on company profits
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Standard VAT rate: 24% on most goods and services
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Companies must maintain proper accounting records and financial statements
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Businesses must submit regular tax and VAT filings
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Greek tax authorities may conduct tax audits
KEY CORPORATE TAX OBLIGATIONS
CORPORATE INCOME TAX
Companies operating in Greece are subject to corporate income tax on their annual profits.
Corporate tax is calculated on net taxable income after business expenses and deductions.
BLOOM connects companies with experienced tax advisors who structure the company’s tax framework and reporting processes.
VAT REGISTRATION & REPORTING
Most businesses must register for Value Added Tax (VAT).
Companies must issue compliant invoices, collect VAT and submit periodic VAT declarations.
BLOOM coordinates VAT registration and connects companies with accounting partners who manage VAT reporting and compliance.
ACCOUNTING & REPORTING
Companies operating in Greece must maintain accurate accounting records and prepare annual financial statements.
These records support corporate tax filings and regulatory reporting.
BLOOM works with accounting partners who establish compliant bookkeeping and reporting systems.
TAX AUDITS &
COMPLIANCE
Greek tax authorities may conduct audits to verify financial reporting and tax declarations.
Companies must be able to provide accounting records, financial statements and supporting documentation.
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BLOOM ensures companies are prepared for tax reviews by working with tax advisors and accountants who structure compliant financial documentation.
OUR ROLE
BLOOM helps companies structure their tax setup and coordinate the professionals required to manage corporate tax compliance in Greece.
Through our network of tax advisors and accounting partners, companies can meet their reporting obligations and remain prepared for tax audits.
Book a consultation to discuss your expansion plans in Greece.