Before 2010, Greece was struggling with a severe economic crisis, which caused many people in this country to be dissatisfied with these conditions. This dissatisfaction went to the point where many Greek people were forced to leave this country and immigrate to countries with higher economic prosperity. But in 2007, with the change of the Greek government and the programs that the new leaders of this country wrote, Greece was able to find many solutions to get out of this economic crisis, and this caused them to attract investors through various ways, such as selling Property, financial resources, deposits in financial institutions, company registration, etc. In the meantime, registering a company in Greece has brought many benefits to both the Greek government and investors.
Today, in this article, we are going to examine the company registration in Greece and the issues surrounding it from 0 to 100. So don’t miss this article and follow us till the end.
Company registration in Greece
Company registration in Greece can provide you with great opportunities in the field of investment and business. Greece has a very strategic position due to its location on the border of Asia and Europe, and its membership in the European Union has made it easier for this country to access common markets. In addition to the things mentioned, considering that Greece is among the cheapest European countries, as a result, the labor wages are lower, which makes it easier for international business owners. It is worth noting that people who register a company in Greece have the possibility of obtaining residence in this country so that they can benefit from the full amenities of Greece.
Nobility Immigration Institute is specialized and professional in the field of company registration consulting in Greece. Dear friends, if you want to get more information, you can contact us through communication bridges and benefit from the free advice of our experts.
Types of companies in Greece
Like all other countries that consider the basic mechanisms for different companies and companies, Greece also divides the types of companies into 3 categories. These 3 categories include the following:
Limited liability company: these companies are among the most common types of companies not only in Greece but also in the whole world. In this system, companies have one or more shareholders, each investor is responsible for the amount of shares he has deposited in this company and is allowed to make decisions.
Joint-stock company: But in joint-stock companies, there is less limit for the number of investors, and the founders and main managers of the company have the possibility to present their company’s shares in the domestic and foreign stock markets.
Partnership: But partnership is another type of the best company in Greece. In these companies, all the investors share in the profits and losses of the company according to the amount of capital they have, so that justice is established for them.
Company registration procedures in Greece
It is noteworthy that registering a company in Greece requires going through a series of administrative procedures. These steps include the following:
Receive permission from the Greek government
The first and most important step in the company registration process in Greece is to obtain the necessary permits from the Greek government. In this process, you need to fully describe the goals and ideas you have in mind, and if it is approved by the relevant authorities, you will be allowed to start the company.
Choosing the right name and preparing the articles of association
In the second step, it is time to choose a suitable name and prepare the articles of association. First, note that the name you choose must be in line with the company’s activities in order to be approved. After choosing the name of the company, you should prepare a standard statute that includes company information, goals and ideas, information of managers, etc.
Determining the necessary capital to start the company
Today, in Greece, the minimum capital for company registration is 250,000 euros. This means that your company must bring this amount into Greece and invest it in order to obtain the relevant permits. Of course, if the plans presented by you can attract the attention of the authorities, you will be able to receive a company registration grant in Greece from the government of this country.
Determining the physical location of the company and registering the company in Greece by the Companies Registry
After you have completed all the previous steps, it is time to consider a physical location for your company and introduce it to the Companies Registration Office in Greece to register your company
Receive a commercial registration number
At the end and after registering the company in Greece at the Companies Registration Office, you will be provided with a business registration number, which means that your company is recognized and you can start your legal activity in Greece.
The main documents for company registration in Greece
In the company registration process in Greece, it is necessary to submit a series of documents. These documents include the following:
Internal identification documents of the founder and other members of the board of directors (identity card, national card)
Valid passports of all company members
Certificate of no bad background
business plan
Company statutes
Receipt of payment of company registration fees in Greece
Obtaining Greek residency through company registration in Greece
The country of Greece has specified different ways to provide residence in this country to foreigners. One of these ways is to register a company in Greece. But do not forget that it is necessary to register your company in Greece to meet certain conditions, which include the following:
Importing capital of at least 250,000 euros to Greece
Creating jobs for at least 5 to 10 native Greeks
Provide a strong business plan
Mastery of the main members of the company in Greek or English
Benefits of company registration in Greece
As we said before, registering a company in Greece can bring many advantages, which we will discuss in detail below:
Obtaining Greek residency: The first and most important advantage of registering a company in Greece is that you will be able to obtain residency in this country. Of course, this residence will be given to you for 5 years first, and after the end of this period, if your company continues to work, you can receive the Greek citizenship card in two or three periods.
Obtaining a Schengen visa: Registering a company in Greece and staying in this country can bring you a Schengen visa. Having a Schengen visa allows you to easily travel to 26 European countries without the need to obtain a separate visa.
Access to large global markets: Greece’s location on the border of the three continents of Asia, Europe and Africa, as well as the country’s membership in the European Union, allows Greek companies to access large global markets and, as a result, more profitable.
Enjoying the facilities of modern citizenship in Greece: If you register your company in Greece, you can also receive the residence of this country and benefit from educational, medical, recreational and work facilities in Greece just like a Greek citizen.
Final word
As you have seen, in this article, we examined company registration in Greece from 0 to 100. We knew that this work can provide many benefits in terms of financial and well-being and become the basis for further improvements for people. While thanking you dears for accompanying us until the end of this article, we hope that the presented material will be useful for you. Nobility Immigration Institute specializes in Greek visa, German visa counseling and company registration counseling in Greece. Dear friends, you can contact us through communication bridges to get more information and get free advice.