Whether you’re a European or non-European company, establishing certain activities in Greece may mean you need to register for VAT. You can use a fiscal representative or tax advisor to draw up your VAT, Intrastat and ESL returns with total peace of mind in Greece.
If you deal with companies in Greece, you may be able to claim a Greek VAT refund.
Here you can find the specifics of VAT regulations in Greece, which work alongside the harmonised framework of the EU as explained in our guide to intra-Community VAT obligations.
|VAT introduced in Greece||1987|
|VAT name in Greece||Foros prostithemenis aksias (FPA)|
|VAT ID format in Greece||EL999999999|
|Territories with special status in Greece||Mount Athos|
VAT rates in Greece
|Standard VAT rate||24 %|
|Reduced VAT rate (1)||13 %|
|Reduced VAT rate (2)||6 %|
|Super reduced VAT rate||n/a|
|VAT parking rate||n/a|
|Zero VAT rate||no|
Thresholds triggering VAT reporting obligations in Greece
|Intrastat threshold at introduction||150 000 EUR|
|Intrastat threshold on dispatch||90 000 EUR|
|Distance selling threshold||As of 1st July 2021, the threshold is EUR 10,000 for all intra-Community distance sales.|
Reporting frequency in Greece
|Intrastat declaration||monthly depending on threshold|
|EC Sales List (ESL) declaration||monthly|
|VAT returns||monthly, quarterly|
VAT-related penalties in Greece
|Failure to file a VAT return||Penalty of between EUR 100 and EUR 500 per declaration. In the event of an untrue retun, a penalty of up to 50% of the difference between the VAT paid and the VAT due.|
|Late payment of VAT||Penalty equivalent to 0.73% of the VAT due per month of overdue.|
|Failure to report ESL/DEB||Penalty of EUR 100 per return|
Useful links on VAT in Greece
|Tax Authorities in Greece||Tax authorities|
|Ministry of Finance in Greece||Ministry of Finance|
|Check a VAT number in Greece||Check a VAT number|
|EU VAT Guide||EU VAT Guide|
The current VAT rates in Greece are as follows:
Certain transactions in Europe may require registering for VAT and filingVAT returns in Greece:
In Greece just like in other European Union countries, e-traders must register for VAT:
In addition to VAT registration, e-traders must:
You may need a VAT number in Greece to fulfil your tax obligations in this country. Indeed, certain activities such as sales, purchases and subcontracting operations may require VAT identification. To check if your activities require VAT identification in Greece, use our VAT simulator or contact us.
VAT Greek is named Foros prostithemenis aksias (FPA)and the VAT numbers in Greece have the following structure: EL999999999.
Registering for VATis a relatively simple formality compared to setting up a company, but in addition to obtaining a VAT number in Greeceyou’ll need to file periodic VAT returns to ensure your VAT compliance. Which is why we recommend foreign companies use a fiscal representative or tax advisor.
Companies with a VAT number in Greece must complete and submit VAT returns in Greece detailing all taxable income (sales) and expenses (costs), with the following periodicity: monthly, quarterly .
Failure to comply with the deadlines imposed by the Greek authorities for the deposit and payment of VAT will result in the payment of penalties . For this reason, it is recommended that foreign companies use the services of an agent or a tax representative.
These penalties are defined as follows in Greece:
In addition to VAT returns, companies may be required to provide the Greek authorities with Intrastat & EC Sales List returns:
In principle, a non-resident company in Greece can recover all or part of the VAT incurred on its expenses.
There are three different scenarios:
*This information is subject to change without notice.
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