Company Registration in Athens, Greece

Athens is the commercial, financial, and administrative center of Greece. It offers strong business infrastructure, access to the EU market, competitive costs, and a growing ecosystem for startups and international investors. For entrepreneurs looking to expand into Europe, Athens provides a strategic and cost-efficient entry point.

Why Start a Company in Athens?

Athens is considered the business hub of Greece due to:

• Capital city advantages, including access to government departments, embassies, and tax authorities.

• A large and diverse consumer market with high purchasing power.

• A rapidly growing technology ecosystem attracting startups and corporate investors.

• Availability of a highly skilled workforce.

• A strong tourism, hospitality, shipping, and services industry.

• Lower operational costs compared to other EU capitals such as Paris, Berlin, and Amsterdam.

Types of Companies You Can Register in Athens

1. IKE – Private Company

Flexible structure, ideal for startups, service businesses, and foreign investors.

2. EPE – Limited Liability Company

Suitable for SMEs and international firms.

3. AE – Public Limited Company

Recommended for large corporations and investment-driven businesses.

4. Branch Office

Designed for foreign companies entering the Greek market.

5. Sole Proprietorship

Ideal for freelancers, consultants, and individuals.

Eligibility for Foreigners in Athens

Foreign investors can own a company in Athens with 100 percent ownership. No local shareholder is required.
Basic requirements include:

• Valid passport

• Non-criminal background

• Greek Tax Number (AFM)

• Registered business address

Documents Required for Company Registration in Athens

To register a company in Athens, you typically need:

• Passport copies of all shareholders and directors

• Registered address in Athens

• Articles of Association (AOA)

• Tax Identification Number (AFM)

• Proposed business activity details

• Minimum share capital declaration

• Company name options

• Power of Attorney (if registering remotely)

Step-by-Step Process for Company Registration in Athens

Step 1: Choose the Right Business Structure

IKE is the most preferred due to ease of setup.

Step 2: Apply for a Greek Tax Number (AFM)

Mandatory for all shareholders.

Step 3: Reserve Your Company Name

Submitted to the General Commercial Registry (GEMI).

Step 4: Prepare Articles of Association

Drafted in accordance with Greek corporate law.

Step 5: Register the Company with GEMI

This completes official incorporation.

Step 6: VAT Registration

Required for commercial and service-based companies.

Step 7: Open a Corporate Bank Account

Local or international banks can be used.

Step 8: Register with Social Security (if hiring employees)

Step 9: Begin Business Operations

Once incorporation documents are issued, operations can begin immediately.

Average Timeline: 7 to 14 working days.

Business Sectors Growing Rapidly in Athens

• Information technology and software development

• Digital marketing and online services

• Tourism, hotels, restaurants, and rentals

• Maritime and shipping services

• E-commerce and trading companies

• Renewable energy companies

• Real estate investment and property management

Taxation System in Athens

• Corporate Tax: 22 percent

• VAT: 24 percent

• Dividend Tax: 5 percent

• Special tax incentives apply for innovation-driven companies

Benefits of Registering a Company in Athens

• Easy and fast incorporation

• 100 percent foreign ownership

• Access to EU markets

• Lower operational costs compared to major European capitals

• Skilled workforce availability

• Residency options for entrepreneurs and investors

Why Choose YKG Global for Company Registration in Athens?

End-to-End Company Formation Support

YKG Global handles all procedures including AFM, GEMI registration, VAT, compliance, and documentation.

Remote Registration Facility

Athens company setup can be completed without the need to visit Greece.

EU Business Setup Expertise

Specialized in company formation across the European Union, including Greece, Portugal, Cyprus, Malta, Germany, Ireland, and Netherlands.

Complete Compliance and Post-Setup Support

Accounting, tax filings, VAT support, licensing, and advisory services included.

Dedicated Business Advisor

A single expert manages your file for accuracy and smooth processing.

Transparent and Fast Process

No hidden fees, clear timelines, and quick service delivery
 

Call us or fill out our contact form to schedule a consultation today.

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