Grècia flag Grècia: Entorn econòmic

Impostos a Grècia

Tax Rates

Consumption Taxes

Nature of the Tax
Value-added Tax (VAT)
Tax Rate
Reduced Tax Rate
A reduced VAT rate of 13% applies to some foodstuffs; certain take away food; some cut flowers and plants for food production; some non-alcoholic beverages; water supplies; some pharmaceutical products; some medical equipment for disabled persons; some agricultural supplies; domestic care services; hotel accommodation (bed and breakfast); certain social services; restaurant and catering (other than entertainment centres); services for boarding schools; structures for disabled persons; structures providing accommodation for mentally disabled persons, people with mental disorders and drug users. As a response to the COVID-19-induced crisis, transport, coffee, non-alcoholic beverages, cinemas and tourist services were subject to this reduced rate between 1 June 2020 and 30 April 2021.

A super-reduced 6% rate applies to books; newspapers; magazines; theatre tickets and the supply of electricity and gas, as well as district sales.

The islands of Lesvos, Chios, Samos, Kos and Leros - which are affected by the refugee crisis - benefit from a 30% reduction of the standard VAT rates, until 30 June 2021.

Other Consumption Taxes
Excise duties are imposed on energy and electricity products (i.e. petrol, natural gas, and electricity), manufactured tobacco, alcoholic products, and coffee.
An inheritance tax of 1% to 10% is levied for close relatives and 0% to 40% for heirs on the tax value of real property.
Real property tax is also levied depending on the characteristics of the property and the total objective value of all the taxpayer's properties.
A stamp duty is levied on certain transactions at 3.6% or 2.4%.
Find out more about Taxes and Accounting in Greece on, the Directory for International Trade Service Providers.

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Corporate Taxes

Company Tax
24% (22% from 2022)
Tax Rate For Foreign Companies
Resident companies pay tax on worldwide income, while non-resident companies only pay tax on Greece-sourced income, at the same rate as resident companies.
Greek branches of non-resident credit institutions are taxed at a rate of 29% if they are subject to the special “deferred tax asset” recognition provision.
Capital Gains Taxation
Capital gains are taxed as normal corporate income at the standard rate of 24%. From 1 July 2020, capital gains derived from the sale of shares in an EU subsidiary are tax exempt in case the participation is greater than 10% and has been held for a minimum of 24 months.
Main Allowable Deductions and Tax Credits
In general, all ordinary business expenses and expenses made for scientific and technological research are deductible. The Income Tax Code includes a list of non-deductible expenses. This new code, unlike the previous one, makes no specific reference to the deductibility of donations to charities, and as such, Greek tax authorities must examine all donation cases one by one to allow tax deduction (same as for goodwill provisions). From 2020, expenses relating to corporate social responsibility actions are considered deductible in the tax year in which they were incurred.
Certain bad debt provisions and write-offs are deductible. Net operating losses can be carried forward up to five years to offset company benefits, whereas the carryback of losses is not permitted.

According to the Greek Accounting Standards (Law 4308/2014), start-up expenses are tax-deductible within the year that they have been incurred if they do not fall within a category of assets (including tangibles and intangibles - conditions apply).

Royalties, interest, and service fees paid to foreign affiliates are deductible expenses under certain conditions. Interest deductibility is subject to restrictions.
Other Corporate Taxes
A 1% capital duty on share capital increases and other special tax regimes (for shipping companies, real estate investment companies, mutual funds and coordination centres) are imposed in Greece. A 0.1% surcharge for the benefit of the competition committee applies on the contribution of capital to a public limited company.

A real estate ownership tax (ENFIA) is levied annually on property located in Greece, consisting of a main tax calculated according to the characteristics of the property and an additional tax calculated at a rate of 0.55% on the total tax value of all of the company’s property.
Each transfer of real estate, which is not subject to VAT, is subject to real estate transfer tax imposed at a rate of 3% on the taxable value of the property. A municipal surcharge equal to 3% of the real estate transfer tax also applies (bringing the cumulative rate to 3.09%).
Rentals of non-residential properties are subject to 3.6% stamp duty. In general, loans and interest may be subject to a 2.4% stamp duty.

Social security contributions are due on salary and benefits in cash or in kind granted by an employer to its employees. For the primary social security fund (EFKA), social security contributions are withheld at 14.12% at the level of the employee and at 22.54% at the level of the employer (capped at EUR 6,500/month). Furthermore, employers are liable to submit payroll withholding taxes on monthly salary payments under a Pay-As-You-Earn system (PAYE).

Other Domestic Resources
Directorate General for Taxation of the Hellenic Ministry of Finance
Doing Business: Greece, to obtain a summary of taxes and mandatory contributions

Country Comparison For Corporate Taxation

  Greece OECD United States Germany
Number of Payments of Taxes per Year 8.0 10.1 10.6 9.0
Time Taken For Administrative Formalities (Hours) 193.0 163.6 175.0 218.0
Total Share of Taxes (% of Profit) 51.9 41.6 36.6 48.8

Source: Doing Business, Latest available data.

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Individual Taxes

Tax Rate

Individual Income (salaries, pensions, and business profits) Rate
Below EUR 10,000 9%
From EUR 10,001 to EUR 20,000 22%
From EUR 20,001 to 30,000 28%
From EUR 30,001 to 40,000 36%
Above 40,000 44%
Solidarity Tax Contribution (applies to both residents and non-residents) Rate
From EUR 0 to 12,000 0%
From EUR 12,001 to 20,000 2.2%
From EUR 20,001 to 30,000 5%
From EUR 30,001 to 40,000 6.5%
From EUR 40,001 to 65,000 7.5%
From EUR 65,001 to 220,000 9%
Above EUR 220,000 10%
Income derived from real estate
From EUR 0 to 12,000 15%
From EUR 12,001 to 35,000 35%
Above EUR 35,000 45%
Allowable Deductions and Tax Credits
The income tax is reduced based on certain expenditures for annual personal living. The maximum amount of tax reduction (applicable to salaried and pension income) is EUR 777 for income up to the maximum of EUR 12,000 for a single person or for a married person with no dependants (plus EUR 33 for a married person with one dependant, EUR 123 for a married person with two dependants and EUR 243 for a married person with three dependants, EUR 563 in case of four dependants and EUR 220 for each additional dependant). For salaried and pension income above EUR 12,000, the amount of tax deduction is reduced by EUR 20 for every EUR 1,000 of income.

Tax reduction on employment income is provided if a taxpayer pays 30% of the actual income from salaried employment, pensions, and business for the purchase of goods or services in Greece or in the EU/EEA using an electronic means of payment (if payments for income and real estate tax as well as for loans to financial institutions and rentals exceed 60% of the taxpayers' actual income, the threshold is reduced from 30% to 20%).

Certain expenses can be deducted from the gross income, including mandatory social security contributions and donations to certain charitable organisations (capped at 5% of taxable income).

Special Expatriate Tax Regime
Personal income tax is payable by all individuals earning income in Greece, irrespective of citizenship or place of permanent residence. Non-residents are taxed only on Greece-source income, but are not exempted from the solidary tax surcharge.

A special tax regime for expatriates who intend to stay in the country for at least two years was introduced with Law 4758/4.12.2020. Subject to conditions, such individuals are exempted from paying income tax and solidarity tax on 50% of their Greek source employment income or freelancer income.

Under the new alternative taxation regime for foreign pensioners relocating to Greece, individuals will be subject to an annual flat tax rate of 7% on total foreign-source income (conditions apply).

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Double Taxation Treaties

Countries With Whom a Double Taxation Treaty Have Been Signed
List of the double taxation treaties signed by Greece
Withholding Taxes
Dividends: 0% (if the dividend distribution falls under the purview of the EU directive on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States); 5% (dividends received on or after 1 January 2020)
Interest: 0% (resident corporations)/15%,
Royalties: 0% (resident corporations)/20%
Bilateral Agreement
Spain and Greece signed a Double Taxation Treaty.

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Find out more about Taxes and Accounting in Greece on, the Directory for International Trade Service Providers.

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Actualitzacions: May 2022

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