German Companies in Greece: Kosmidis & Partner is Your Competent Contact for Company Formation and Expansion Efforts
Germany has been one of Greece’s strongest trading partners for many years. Deutsche Telekom, SAP, Siemens, or Allianz, but also many medium-sized companies in particular: all of them operate a branch or independent companies there. Currently, well over 100 German companies are active in Greece, employing tens of thousands of people and generating a turnover of several billion euros per year.
Does your company also want to expand to Greece and are you looking for legal assistance? Rely on the decades of experience of the law firm KPAG Kosmidis & Partner: We advise German companies in Greece!
The execution of a corporate expansion into Greece requires careful planning and consultation before its realization. It should only be carried out by lawyers experienced in cross-border company formations. The law firm KPAG Kosmidis & Partner has decades of experience advising German companies and extensive expertise in cross-border corporate and business law. We set the course for a smooth project process and provide you with competent assistance in all legal matters.
Kosmidis & Partner: We help establish German companies in Greece
In the recent past, numerous German companies have invested in Greece: for example, a German investor group leased large parts of the Port of Thessaloniki, and the German airport operator Fraport secured stakes in 14 regional airports across the country. Medium-sized companies are also active in various sectors, such as the tourism and food industries. These examples show: Foreign capital remains highly important for the Greek economy. Investing in Greece is worthwhile! As a law firm with its own Business Consulting Department, we advise you not only on legal matters regarding the establishment of your company in Greece, but also in many other areas:
- Company Formation
- Corporate Law Consulting
- Company Acquisition
- Transformation of Companies
- Liquidation of Companies
- Franchise
- Competition Law & Legal Protection
- Funding and Subsidies Law
- Commercial Law
- Tax Consulting & Accounting
We inform you about the legal specifics for German companies in Greece and explore the economic viability of your company’s involvement in Greece.
Why should German companies invest in Greece?
Numerous large companies such as Siemens or Boehringer Ingelheim already operate branches in Greece and benefit from various advantages that have arisen in recent years:
- Favorable Conditions: Due to the Greek crisis, labor costs for skilled workers have continuously decreased.
- One Stop-Shop Procedure: By reducing various bureaucratic hurdles it is possible to establish a company in Greece in just a few days. This saves time.
- Private Capital Company: With the creation of the IKE, a private capital company, anew corporate form was created that offers tax and legal advantages.
We would be happy to advise you on various investment opportunities and inform you in detail about the legal reforms undertaken and their concrete effects on German companies in Greece.
What do German companies need to establish a branch in Greece?
The basic requirement for commencing operations of a foreign company in Greece is the possession of a Greek tax identification number, which you can apply for at the relevant tax authority of the planned branch. For this, you will need various documents such as the articles of association, an excerpt from the commercial register, and various confirmations and resolutions.
What does KPAG Kosmidis & Partner do for German companies in Greece?
Whether it’s real estate acquisition, corporate expansion, or company formation: it is always advisable to rely on the expert assistance of a lawyer in Greece. We have already supported many German companies in their expansion into Greece and know exactly where potential problems lie. Our professionally skilled and experienced lawyers will help you compile the necessary documents and clear legal problems out of the way from the start.
In this regard, we gladly take on the following tasks for you:
- Application for the Tax Identification Number
- Appointment of Authorized Recipients for Service of Documents
- Consultation regarding Legal Forms
- Drafting of Articles of Association and Partnership Agreements
- Tax Registration/Commencement of Operations for Tax Purposes
- Execution of the necessary administrative formalities
German Companies in Greece Have Trusted the Expertise of the Law Firm Kosmidis & Partner for Many Years
Our law firm has been successfully active in the field of German-Greek legal matters since 1992. Our lawyers are all bilingual and some hold double admissions as lawyers in Greece (Anwalt) and Germany (Rechtsanwalt). Benefit from our extensive expertise: In addition to business consulting, we are available to you in many other areas of law as a Greek lawyer.
For example, if you want to buy a house in Greece, we will guide you through the entire process of securely acquiring real estate in Greece. We are also here for you as a lawyer for international inheritance law and inheritance law Greece, as well as in tax, commercial, and construction law!
We look forward to advising and supporting you with your investment project in Greece. We are available to you at any time for questions of any kind.