COREDO > Legal Protection for Business > Legal outsourcing > Legal Services and Protection in Greece

Legal Services and Protection in Greece

Legal Protection for Businesses in Greece

Greece has been a member of the European Union since 1981 and is a dynamically developing economy that actively attracts foreign investment. Foreign entrepreneurs are generally welcomed in Greece, yet they face a number of practical challenges: the language barrier, unfamiliarity with local legal nuances, and bureaucratic procedures.

COREDO has been operating since 2016, providing professional legal support to foreign companies at every stage — from selecting a legal form and registration to ongoing compliance and representation before Greek regulators.

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Cost of the services
from EUR 500

Doing Business in Greece

Greece offers clear tax rates and targeted incentives, but its procedures call for local knowledge. Three areas matter most for a foreign company: tax, licensing and reporting. The country attracts foreign investors, technology companies using Development Law incentives and residence-permit applicants. Foreign founders face the language barrier, local legal nuances and bureaucracy, and financial firms answer to the HCMC and the Bank of Greece.

COREDO provides comprehensive legal services for companies operating in Greece. We register companies in GEMI, draft and review contracts under Greek law and act as tax representative where shareholders or administrators are foreign. We also deal with the HCMC, the Bank of Greece and the tax authorities for clients under regulatory pressure, including support during inspections.

Describe your situation in a request: we reply within 1 business day and tell you how we can help.

Business Environment in Greece

Taxation

Corporate tax in Greece is 22%, VAT is 24% (reduced rates of 13% and 6%), and dividend tax is 5%. The 2025 Development Law provides tax incentives, subsidies, and accelerated depreciation for priority sectors. R&D projects may benefit from a deduction of up to 315% of expenses and additional tax incentives for innovative companies.

Licensing

The financial sector is regulated by the HCMC and the Bank of Greece. Licences are required for financial, medical, transport, and other regulated activities. Many procedures are available online. Since 2025, Greece has applied an FDI screening framework in line with EU Regulation 2019/452.

Reporting and Compliance

Companies must submit financial and tax reports to GEMI and the tax authorities. IFRS applies to large companies. Audits are supervised by the State Revenue Control and Audit Agency. Late or non-compliant filings may result in penalties.

Our Services for Businesses in Greece

Company registration and legal form selection

IKE, AE, OE and other forms; support with GEMI registration. For a limited liability company we also register the beneficial owners in the central UBO register and obtain the AFM tax number and the VAT number with VAT registration. Where shareholders or administrators are foreign, we act as tax representative. We also keep the company records; the first year of each is included, after which the tax representative has an annual fee.

Drafting and review of legal documentation

corporate documents, commercial contracts, NDA, GDPR and AML/CFT policies

Contract legal review

review of contracts under Greek law, identification of legal risks

Transaction and negotiation support

M&A, investment agreements, cross-border transactions

Representation before authorities

interaction with HCMC, Bank of Greece, and tax authorities; support during inspections

Investment incentive advisory

analysis of available benefits under the Development Law, R&D deductions, and patent programmes

Support for regulated entities

HCMC compliance for financial organisations

Legislative monitoring

tracking updates to Greek and EU legislation

Who Turns to Us

Our services are sought by:

Foreign investors setting up companies or acquiring assets in Greece

Non-residents planning to obtain a residence permit through the Golden Visa programme or the startup residency scheme

Regulated entities — financial organisations requiring an HCMC licence or Bank of Greece authorisation

Technology companies and startups utilising the investment incentives of the Development Law

Companies with cross-border transactions structured under Greek and EU law

Companies under regulatory pressure — facing inspections, regulatory enquiries, or court disputes

How We Work

Initial consultation

we analyse the client’s current situation: jurisdiction, type of activity, licensing status, and legal risks in Greece.

01

Legal audit

we review company documentation, assess compliance with Greek legislative requirements and regulatory standards.

02

Strategy development

we determine the optimal legal protection format and analyse available investment incentives.

03

Legal support

document preparation and review, interaction with HCMC, Bank of Greece, and other authorities, contract structuring.

04

Ongoing support and monitoring

regular monitoring of changes in Greek legislation and EU regulations, keeping the client informed.

05

Incorporation of a limited liability company takes approximately one month. Within one month of incorporation, we prepare and publish the administrator’s decisions on the capital contribution and on registering the company’s website domain in the Commercial Register. Help with opening a Greek bank account is a separate service, charged separately: we approach the bank and handle the correspondence, check your certified documents and assist with the KYC file and the application. Opening the account requires your personal presence.

Timelines

Legal Opinion:

10 working days after payment and receipt of the full set of documents

One-off consultation (up to 5 hours):

1–2 business days

Legal Outsourcing start:

3–5 business days from agreement on terms

Contract documentation:

5–10 business days depending on complexity

Pricing

Service	Cost
Legal Opinion	from EUR 1,500 + VAT
Legal Outsourcing — 5 hours	EUR 550
Legal Outsourcing — 10 hours	EUR 1,000
Legal Outsourcing — 20 hours	EUR 1,800
Legal Outsourcing — 40 hours	EUR 3,200
Legal Outsourcing — 80 hours	EUR 5,600
Legal Outsourcing — 160 hours	EUR 9,600
One-off consultation Basic (up to 5 h)	EUR 130/hour
One-off consultation Standard (from 20 h)	EUR 100/hour
One-off consultation Premium (from 80 h)	EUR 80/hour

Pricing depends on the complexity and scope of work. Submit a request for a tailored estimate.
All prices are exclusive of VAT.

Our Experts

Pavel Kos

At COREDO since June 2017. Has led the legal team since 2020. Specialises in licensing, corporate law, and transaction support across European jurisdictions.

Alena Mach

Executive Director

Nikita Veremeev

Founder & NED

Johann Schneider

Lawyer

Frequently Asked Questions

What does legal protection for businesses in Greece include?

COREDO provides company registration in GEMI, contract drafting and review under Greek law, advisory on Development Law investment incentives, HCMC compliance for financial organisations, and representation before Greek regulators.

Is personal presence in Greece required?

In most cases — no: company registration, document preparation and interaction with regulators are handled remotely, with a power of attorney where necessary.

How much does legal support in Greece cost?

Legal Opinion from EUR 1,500 + VAT, Legal Outsourcing packages from EUR 550 to EUR 9,600 and one-off consultations at EUR 80–130/hour.

Can COREDO help with obtaining a Greek Golden Visa?

Yes. COREDO advises on the legal aspects of the Golden Visa programme (residence permit through real estate or business investment), including due diligence on the investment object and transaction support.

Does COREDO work with companies applying for investment incentives?

Yes. COREDO advises on the Development Law conditions, analyses eligibility for R&D deductions, and supports the incentive application process.

Contact Us — Legal Support in Greece

Our experts are ready to help. Submit a request — we will get back to you within 1 business day. Tell us what you need — a new company, support with a regulator or a contract review — and we will suggest the right format: a one-off consultation, a Legal Opinion or a Legal Outsourcing package.

Phone: +420 228 886 867 Email: info@coredo.eu Office: K Cervenemu dvoru 3269/25a, Prague, 130 00, Czech Republic

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