- Greece’s AADE has introduced a special VAT regime for non-established EU businesses, allowing them to claim the small enterprise exemption for Greek transactions.
- Eligibility requires notification to the home EU Member State, turnover below EUR 100,000 EU-wide and EUR 10,000 in Greece, and compliance for both current and previous years.
- Verification involves checking VAT numbers, turnover, VIES registration, and IOSS participation in both Greece and the home country.
- Businesses must submit quarterly reports; AADE will confirm or deny exemption within 15 working days of notification.
- The regime applies to transactions from 1 January 2025 onward.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Greece"
- Greece Introduces Actual Use VAT Deduction Method for Mixed-Use Immovable Property
- Greece Clarifies VAT Rules for Self-Use of Professional Pleasure Boats
- Greece Clarifies VAT Rates for Self-Use of Professional Pleasure Boats in New Circular
- VAT Clarifications for Personal and Business Use of Professional Pleasure Boats in Greece
- myDATA in Greece: VAT Compliance, Dangerous Codes, Audit Triggers, and Fines Explained
