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GREECE

Greece

Greece is one of the 27 Member States of the European Union.

Basic VAcTs

Latest update 01.06.2024
Country ISO Code EL
EU Member State Yes
Local name Foros prostithemenis axias (FPA or ΦΠΑ)
VAT number format EL 123456789
VAT Rates  
Standard VAT Rate 24%
Reduced VAT Rate 13%
Special Reduced VAT Rate 6%
VAT Compliance  
Standard VAT Return filing period Monthly
Standard VAT Return filing deadline Last day of the month following the filing period
VAT Representation required for non-resident businesses? Yes, mandatory for non-EU businesses
Record retention period 5 years
Electronic invoicing Not mandatory for B2B transactions
Click HERE for more info
Real-time reporting Yes, via MyDATA platform
Special Rules  
General domestic reverse charge for domestic
supplies of goods by non-resident businesses?
No
Other domestic reverse charge mechanisms? Yes, e.g. (sub-)contracting work, supplies of
specific goods (e.g. scrap, waste materials)
Postponed Accounting on Import No *
VAT Grouping possible? No
VAT Refunds for non-EU businesses? Norway and Switzerland
Remarks  
Link to VAT Law  HERE
Remarks * Postponed accounting on importation is
possible under conditions

Below is an overview of the latest VAT news for this country.

Note: The above information is taken from various sources and is for information purposes only and is not intended to be advice. Although the author went to great lengths to make sure the information is accurate and useful, users should not act on the basis of any matter used or presented without considering appropriate professional advice.

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