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Understand the Jurisdictions Setup Requirement Before Proceed Your Register Company in Greece
Where should I set up my business? That’s one of the questions which every single entrepreneur is going to ask themselves when it comes time business. Whether you’re looking to start a brand-new company, or looking to expand your existing business abroad, what every entrepreneur has in common is the desire to want to pick the best location where their business is going to flourish.
Where should you think about registering your business next? How about in Greece?
There are several ways in which you can go about doing business in Greece. One of the most common ways however, would be through setting up a Greek Limited Liability Company (LLC) or a Public Limited Liability Company (PLC) if they wish. If you don’t plan on having your business conduct any commercial operations in Greece however, you may opt to register a company in Greece as a permanent establishment, either in the form of a branch or representative office.
What Business Entity Should I Choose?
Aside from LLC, PLC and Branch or Representative office options, what other business entity forms exists in Greece that I could benefit from?
Limited Liability Companies (EPE) are the most common entity types entrepreneurs prefer to register a company in Greece with, especially if they are establishing a small business. In this setup, at least 1 shareholder and 1 director is required.
In the Greece Public Liability Company entity option, one shareholder and 3 directors are required for the company to be incorporated. The directors and shareholders can be of any nationality, and they don’t necessarily need to be Greek residents.
And then there is the Greece Private Capital Company option, where- just like the LLC – the company can be incorporated with one director and one shareholder. They can be of any nationality.
What Benefits Do I Stand to Gain by Registering a Company in Greece?
Despite its economical past, Greece is not the most stable it has been for a long time as the country is gaining momentum once again, which is good news for potential investors and entrepreneurs. Why? Because this means the cost to register a company in Greece is low to encourage the resurgence within the economy.
Greece also has the benefit of being home to relatively new infrastructure, which remains in place from the Olympic Games which were held there in 2004. This, combined with the investment incentives which are offered by the Government to help further promote regional growth is primed to help boost a tidal wave of new start-ups in the country, encouraging people to make the most out of the country which is, by the way, a very popular tourist destination. Millions of tourists’ flock to Greece on a yearly basis, and there is no better place for business to cash in on the traveller boom than right here, as tourism is always good for business.
Ready to Register a Company in Greece? We Can Help!
3E Accounting has been in the business of helping entrepreneurs set up and register a company and equip them with precisely the right kind of services they need to successfully register a business. For more information about our business registration in Greece services, please visit our website and contact us today!