JD Supra Greece

Publisher

Law Firm

Latest documents

• Establishing a Business Entity in Greece (Updated)

  1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership and the Limited Partnership and v) the Branch. There are also several types of business entities that are used for specific purposes such as the very popular branches/offices of foreign shipping companies of art. 25 of law 27/1975 and the branches and companies of law 89/1967 (for the purposes of the present presentation, the branch and the business entities of laws 27/1975 and 89/1967 are presented only briefly).

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Greece (Updated)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER GREEK LAW - Introduction - In the Greek law there are several types of proceedings addressing the inability of a merchant debtor (either a natural person or a legal entity) to pay its debts. On one hand, there is Bankruptcy, which is focused mainly on the payment of its debts to its creditors, mainly by liquidation of the debtor’s assets. On the other hand, there are the so-called pre-bankruptcy proceedings whose main purpose is to maintain the debtor’s undertaking by a restructuring of its debts. The pre-bankruptcy proceedings are the Rehabilitation Proceedings and the Out of Court Workout.

• Establishing a Business Entity in Greece (Updated)

  1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership and the Limited Partnership and v) the Branch. There are also several types of business entities that are used for specific purposes such as the very popular branches/offices of foreign shipping companies of art. 25 of law 27/1975 and the branches and companies of law 89/1967 (for the purposes of the present presentation, the branch and the business entities of laws 27/1975 and 89/1967 are presented only briefly).

• Buying and Selling Real Estate in Greece (Updated)

  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER GREEK LAW - 1. PROCEDURE – MAIN STEPS OF REAL ESTATE ACQUISITION UNDER GREEK LAW. Acquisition of a real estate property in Greece includes mainly the following steps: - Finding of the property to be purchased, with the possible assistance of a real estate agent. Usually, the agent’s fee amounts to 2% upon the purchase price but can be negotiated between the parties.

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Greece (Updated)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER GREEK LAW - Introduction - In the Greek law there are several types of proceedings addressing the inability of a merchant debtor (either a natural person or a legal entity) to pay its debts. On one hand, there is Bankruptcy, which is focused mainly on the payment of its debts to its creditors, mainly by liquidation of the debtor’s assets. On the other hand, there are the so-called pre-bankruptcy proceedings whose main purpose is to maintain the debtor’s undertaking by a restructuring of its debts. The pre-bankruptcy proceedings are the Rehabilitation Proceedings and the Out of Court Workout. Please see full Publication below for more information.

• Establishing a Business Entity in Greece (Updated)

  1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership and the Limited Partnership and v) the Branch. There are also several types of business entities that are used for specific purposes such as the very popular branches/offices of foreign shipping companies of art. 25 of law 27/1975 and the branches and companies of law 89/1967 (for the purposes of the present presentation, the branch and the business entities of laws 27/1975 and 89/1967 are presented only briefly). Please see full Chapter below for more information.

• Buying And Selling Real Estate In Greece (Updated)

  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER GREEK LAW - 1. PROCEDURE – MAIN STEPS OF REAL ESTATE ACQUISITION UNDER GREEK LAW. Acquisition of a real estate property in Greece includes mainly the following steps: - Finding of the property to be purchased, with the possible assistance of a real estate agent. Usually, the agent’s fee amounts to 2% upon the purchase price but can be negotiated between the parties. Please see full Chapter below for more information.

• Bankruptcy, Insolvency & Rehabilitation Proceedings in Greece (Updated)

  KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER GREEK LAW - In the Greek law there are several types of proceedings addressing the inability of a merchant debtor (either a natural person or a legal entity) to pay its debts. On one hand, there is Bankruptcy, which is focused mainly on the payment of its debts to its creditors, mainly by liquidation of the debtor’s assets. On the other hand, there are the so-called pre-bankruptcy proceedings whose main purpose is to maintain the debtor’s undertaking by a restructuring of its debts. The pre-bankruptcy proceedings are the Rehabilitation Proceedings and the Out of Court Workout. Please see full Chapter below for more information.

• Establishing a Business Entity in Greece (Updated)

  1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership and the Limited Partnership and v) the Branch. There are also several types of business entities that are used for specific purposes such as the very popular branches/offices of foreign shipping companies of art. 25 of law 27/1975 and the branches and companies of law 89/1967 (for the purposes of the present presentation, the branch and the business entities of laws 27/1975 and 89/1967 are presented only briefly). Furthermore, there are also specific types of companies that are used for specific types of undertakings such as the Maritime Company or the Maritime Company for Leisure Ships. Please see full Chapter below for more information.

• Buying And Selling Real Estate In Greece (Updated)

  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER GREEK LAW - 1. PROCEDURE – MAIN STEPS OF REAL ESTATE ACQUISITION UNDER GREEK LAW. Acquisition of a real estate property in Greece includes mainly the following steps: - Finding of the property to be purchased, with the possible assistance of a real estate agent. Usually, the agent’s fee amounts to 2% upon the purchase price but can be negotiated between the parties. Please see full Chapter below for more information.

Featured documents

• Greek Tonnage Tax Imposed On Foreign-Flagged Vessels

  Greece has finally imposed a tonnage tax on foreign-flagged vessels operated by shipping companies in Greece. It already had been taxing Greek-flagged ships, and the nation’s debt crisis left the government with no other choice than to tax foreign-flagged ships in an attempt to help raise its...

• Lessons Learned From The Greek Supervisory Authority’s PwC Decision on Employee Data Under GDPR

  On 26 July 2019, the Greek Supervisory Authority (SA) found Pricewaterhouse Coopers (“PwC”) not compliant with General Data Protection Regulation (GDPR) in relation to the processing of its Greek employees’ personal data. The SA issued a €150,000 fine and an injunction requiring PwC to take...

• The Simon-Sting Tour And New Information In Your Compliance Program

  This past weekend I saw the first show in a multi-city tour by Sting and Paul Simon. I have never been a big Sting or Police fan but I am a huge Paul Simon fan, in all his musical incarnations. As it was their first show, there was no set list to review or other information that might have told me...

• “Pirate Ships in Dangerous Waters!”

  A recent decision of the Three-Member Court of Appeals of Komotini (Felonies Department), dated 19/11/2019, has been intensely debated by the national media as resulting to the first “real” prison sentence that has ever been imposed in our country to a website owner for illegally distributing...

• Government of Greece to Launch New Licensing Round and Announces Proposal for Significant Tax Cut to Encourage Hydrocarbon Investment

  In early July, the Minister of Energy Environment & Climate Change of the Hellenic Republic and the Greek Ambassador in London hosted the official pre-launch event for a new offshore oil and gas bidding round at the Hellenic Centre in London. The new round will offer twenty blocks located to the...

• GDPR Guide to National Implementation: Greece - A practical guide to national GDPR compliance requirements across the EEA

  Q1/ Applicable legislation - (a) Have the requirements of the GDPR been addressed by introducing a new law, or by updating existing legislation? Greece has implemented the requirements of the GDPR through new legislation, in the form of Law 4624/2019 (“Data Protection Law”), which entered...

• Greece Initiates Offshore Oil and Gas Tender Process

  Greece has initiated its tender process for offshore oil and gas (hydrocarbons) exploration as of August 26, 2014. The Greek Ministry of Environment, Energy and Climate Change is seeking bid applications for its offshore oil and gas exploration in 20 block areas in the Ionian Sea and south of Crete....

• Collective management of music authors’ rights in Greece: Recent developments in a long-suffering field

  The field of collective management of music authors’ rights in Greece is currently experiencing a series of ongoing developments regarding the establishment and operation of collecting societies representing music authors in the country, with the situation still remaining uncertain as to how the...

• Greek Financial Crisis – What Next?

  Greece is facing a severe liquidity crunch with a rapid deterioration in the Government's cash position. This is evidenced by the Greek Government's recent request for wider public sector entities and local authorities to deposit their available cash with the Bank of Greece, for embassies to...

• Establishing a Business Entity in Greece (Updated)

  1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership and the Limited Partnership and v) the Branch. There are also several types ...