EU VAT REGISTRATION
VAT in the GREECE
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.
When is VAT registration in Greece required?
⇒ 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.
How can I register VAT in Greece?
The application for VAT registration must be completed through the website of the public administration in Greece (AADE). Entities wishing to start a business subject to VAT in Greece must complete a simple registration form before the date of the first taxable activity. The competent tax office will then assign a Greek VAT Number. Non-EU entities not established, domiciled or established in the European Union must appoint a tax representative in Greece. The tax representative is responsible for the tax obligations of the taxpayers he represents. Sellers providing a distance selling service to private individuals in Greece must be VAT registered when they exceed the threshold of 35,000.00 EUR. Group registration is not allowed.
What documents do we need for VAT registration?
In order to register a foreign company for VAT purposes, we need the necessary documents to do so. These are usually documents such as:
⇒ For companies registered in the EU, the Greek tax authorities will require you to complete the relevant forms and send them by email to the appropriate local tax office. Additional documentation may be required. Non-EU companies must appoint a tax representative to register as Greek VAT.
If you need help with the registration, please do not hesitate and contact us.
Do you have any questions about VAT registration in Greece?
Do you have any questions about the Greek VAT registration for your company? Not sure if your company must be registered for VAT in Greece? If so, contact us via our contact form.
|Local VAT no.||EL + 9 characters|
|Mail order threshold||35 000 € netto yearly|
|Submission of VAT returns||monthly and quarterly|
|Waiting time for registrations||Up to 2 months|
|Standard VAT rate||24%|
|Reduced VAT rate||13% 6%|
|European Union Member State||yes, since 1981|