EU VAT registration - VAT in Greece

General Information:

Value added tax was introduced in Greece in 1987. It is known as Foros prostithemenis aksias (FPA). Like all EU member states, Greece complies with European VAT directives (laws). It sets out the rules for VAT registration, compliance, rates, returns, Intrastat and related declarations.

Greek VAT laws are laid down in the VAT Act of 2000. They are administered by the Ministry of Finance which issues detailed decisions. Firms that are foreign resident are bound to abide by these rulings.

VAT registration in Greece for companies:

Foreign companies can register for VAT in Greece without having to set up a local company, i.e. you can register as a non-resident. In Greece, there is no VAT threshold for the registration of foreign entrepreneurs. However, the application for a VAT number must be submitted to the appropriate department. This also applies to situations where foreign companies carry out intra-Community supplies of goods. If you know that you need to register VAT in Greece, do not hesitate and contact us and we will help you.

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When is VAT registration in Greece required?

⇒ imported goods sent to the European Union via Greece;

⇒ purchase and sale of products in Greece;

⇒ warehousing goods in Greece;

⇒ ale of goods from Greece to other EU countries;

⇒ sending goods between and to another EU member state (intra-Community supplies)

⇒ organization of live events (conferences related to art or education) in Greece;

⇒ own delivery of goods.

⇒ the provision of services by foreign companies does not require VAT registration. This is due to the 2010 reform of the VAT package.