GREECE

ESTABLISHING A COMPANY IN GREECE
INCORPORATION FEES

INCORPORATION AND REGISTRATION FEES
LIMITED LIABILITY COMPANY (E.P.E.)
WITH MINIMUM € 18,000

Processing and Registration Fees – Euros 3,800.00
Annual maintenance fees – Euros 1,750.00/annual (*)
Drafting of articles of incorporation and articles of association – Euros 375.00
Pre-approval of the corporate name and distinctive title by the appropriate Chamber: Athens Chamber of Commerce and Industry – Euros 175.00
Provision of Registered Office in Greece – 1,280.00/annual
Lawyer's fees deposited at the Bar Association – Euros 450.00
Notary Public Fees – Euros 750.00
Lawyer's General disbursements – Euros 200.00
Providence Fund - 1% of the capital – Euros 180.00
Capital accumulation tax – Euros 180.00 (1% on the total amount of the capital - 1. 1676/1986)
Pre-registration of the company at the Piraeus Chamber of Commerce and Industry – Euros 325.00
Court of First Instance - for one certified copy – Euros 90.00
Publication of the summary of the Articles of Incorporation at the Government Gazette – Euros 250.00
Other filing and registration fees – Euros 650.00
VAT registration – Euros 780.00
Hand Plier Company Seal – Euros 75.00
Opening of a local bank account in Greece– Euros 970.00
2nd Set of Certified Statutory documents for bank account opening purposes – Euros 325.00
Company Seal
DHL delivery of documents – Euros 70.00
(*) 1st year fees will be payable together with incorporation fees.

Remark: Prices do not include provision of Accountant/Bookkeeping services; please contact us should you need to contract these services though our Firm.

IMPORTANT REMARK:
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January

ANNUAL FEES
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, Registrar of Companies, and other official departments

NOMINEE SERVICES - OPTIONAL
Nominee Services are recommended to those people who wish and require 100% privacy, confidentiality and anonymity as to his relationship with the company. In such case, your name will not appear on the official files of the Registrar of Companies, but the nominees’ names. You can however manage to run the company through a full P.O.A. – Power of Attorney - which can be issued as per your own verbiage or ours. We can provide you a draft for your analysis.

NOMINEE SERVICES - FEES
Provision of Nominee Shareholder - Euros 750.00/annual
Provision of a European Union Resident Nominee Director – Minimum one required for a Private Limited Company - Euros 1,850.00/annual
Cost of Certified and Apostilled Power of Attorney issued in your behalf, to manage the company and its bank accounts - Euros 750.00

We shall provide you a verbiage/draft for this POA, for your client’s approval. Otherwise, you/he can draft it, and send it back for us, for execution.

Remark: In case you will contract our Nominee Services, a Power of Attorney (certified and apostilled) will be provided in your name, together with following documents:
- Nominee Services Agreement
- Delegated Member(s)’s Declaration
- Delegated Member(s)’s Resignation Letter(s), signed and undated

FULL SERVICED VIRTUAL OFFICE IN GREECE
Additional services:

Exclusive Telephone Number in Greece – Euros 980.00/annual
Set up Fee – Euros 50.00
Provision to cover all calls diverted to your own line outside Greece – Euros 500.00

Exclusive Fax Number in Greece – Euros 980.00/annual
Set up Fee – Euros 50.00
Provision to cover fax re-forwarding on a daily basis – Euros 200.00

BANKING IN GREECE
Most recommended banks:

Piraeus Bank
Agricultural Bank of Greece
Alpha Credit Bank
Bank of Central Greece
Bank of Cyprus Group
Barclays Bank (Greece)
Black Sea Trade and Development Bank
Co-operative Bank of Ioannina
Cooperative Bank of Chania
EFG Eurobank Ergasias
EGNATIA BANK S.A.
Emporiki Bank
ETBA S.A. Hellenic Industrial Development Bank
Hellenic Bank
National Bank of Greece
Nova Bank

DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier, if a faster delivery service required.

HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle payment by swift wire bank transfer.

DOCUMENTS AND INFORMATION REQUIRED
1 - In case you do not contract our Nominee Services, we need you to provide us the names of the persons or Corporate bodies who will be appointed by you as the company Shareholders, and the name of the individual (s) to be appointed as the company’s Director(s). Certified copies of passports and addresses will be required.
2 - In case you will contract our Nominee Services, it will be required the same documents but just of your person, as the Beneficial Owner of the company and its attorney, to enable us to issue the Power of Attorney in your behalf.
3 - Also 3 – 4 alternative names will be required to enable us to make the name search and approval for the company.

TIME REQUIRED FOR INCORPORATION
Approximately, three weeks time only.
VAT registration – One to two weeks time in average.

OUR SERVICES
Consulting, tax planning, company structuring
Company registration,
Providing legal seat and office facilities,
Management services,
Bank account opening,
Providing legal representative,
Bookkeeping, audit,
VAT registration and accounting,
Payroll accounting,
Supplementary documentation,
Notary public and international legalizations

Hope all above information meets your requirements and needs.

In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.

OFFSHORE INCORPORATION SERVICES
COMPANY FORMATION & MANAGEMENT SERVICES
TAX PLANNING AND ASSET PROTECTION SOLUTIONS
INTERNATIONAL BUSINESS COMPANIES
HOLDING COMPANIES
PRIVATE LIMITED COMPANIES
LIMITED LIABILITY COMPANIES
LIMITED LIABILITY PARTNERSHIPS
TRUSTS
PRIVATE & FAMILY FOUNDATIONS
BANK FORMATION
PANAMANIAN LICENSED FINANCIAL CORPORATIONS
NEW ZEALAND OFFSHORE FINANCIAL INSTITUTIONS
SECURE & CONFIDENTIAL NOMINEE STRUCTURES
INCORPORATION IN EUROPE AND
MAJOR INTERNATIONAL OFFSHORE CENTRES
OFFSHORE BANKING
WORLDWIDE FULL SERVICED VIRTUAL OFFICES

FREE CONSULTANCY

info@eurofinanzza.com