Greece is a country located in Southeast Europe, known for its rich history and vibrant culture. It is also a great place to start a business, with its strategic location, educated workforce, and business-friendly environment. If you are considering starting a business in Greece, there are some important steps you need to follow. In this article, we will provide you with a comprehensive guide on how to register a business in Greece.
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Table of Contents
Choose your Business Structure
The first step to starting a business in Greece is to choose the appropriate business structure. The most common types of business structures in Greece are sole proprietorship, partnership, and limited liability company. Each business structure has its own advantages and disadvantages, so it is important to do your research before making a decision.
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Choose a Business Name
Once you have decided on your business structure, the next step is to choose a business name. In Greece, you must register your business name with the Greek General Commercial Registry. Your business name must not be similar to an existing business name, and it must not be misleading.
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Register your Business
To register your business in Greece, you will need to visit the local Chamber of Commerce and Industry. Here, you will need to fill out an application form and provide the necessary documents, including your ID or passport, proof of address, and proof of legal residence. You will also need to pay a registration fee, which varies depending on the type of business structure you have chosen.
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Obtain a Tax Identification Number
Once your business is registered, you will need to obtain a tax identification number from the local tax office. This number is required to conduct business in Greece and to open a bank account.
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Register for Social Security
All businesses in Greece are required to register for social security. This can be done at the local social security office. You will need to provide your tax identification number, proof of address, and proof of legal residence.
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Obtain Business Licenses and Permits
Depending on the nature of your business, you may need to obtain additional licenses and permits from the local authorities. These may include a business license, a health permit, and a fire safety permit. You should check with the local authorities to determine what licenses and permits you need.
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Open a Bank Account
To conduct business in Greece, you will need to open a bank account. You can do this at any bank in Greece. You will need to provide your tax identification number, proof of address, and proof of legal residence.
Generis Global Can Help You Register Your Business in Greece Starting a business in Greece can be a complex process, but with the right guidance, it can be a smooth and successful journey. Generis Global is a legal services firm that specializes in helping businesses register and operate in Greece. Our team of experts can help you navigate the legal landscape and ensure that your business is fully compliant with all local regulations. Contact us today to learn more about how we can help you with your business journey in Greece.