VAT (Φόρος Προστιθεμένης Αξίας or ΦΠΑ) is paid upon purchase of products and the provision of certain services, by both residents and non-residents. VAT also applies to certain assets, such as newly built residential and commercial property and imports, such as cars. There are three rates of VAT applied in Greece:
Lower VAT rates may apply to certain products in specific areas of Greece.
A tax for the Greek Radio and Television company (Ελληνική Ραδιοφωνία Τηλεόραση) known as ERT (or ΕΡΤ) is collected through the Electric Company (ΔΕΗ) utility bill.
Municipal Duties and Taxes (Δημοτικά τέλη and Δημοτικός Φόρος και ΤΑΠ) are collected through the Electric Company (ΔΕΗ) utility bill. These are based on the square meters of the building which receives electricity and are paid by the person who uses the property.
A municipal property duty (Τέλος Ακίνητης Περιουσίας or ΤΑΠ) is applicable to all property included within the municipality’s limits.
The Extraordinary Tax Contribution (Έκτακτη Εισφορά) measures include taxes imposed on the following:
These taxes must be paid directly to the Tax Authorities, either in instalments or one off payment (which entails a five percent reduction).
Looking for an international business opportunity? Why not run an AngloINFO site?
AngloINFO is growing fast and is looking for the right people to take on regional AngloINFO franchises around the world - click here to find out more!
AngloINFO Franchising: Be your own boss - where you want to be!
Do you dream of having your own, profitable, easy-to-operate business? AngloINFO might be the solution!
Now in its twelfth year of business, AngloINFO is the world's leading network of expat information websites - with over three million monthly visitors from around the world.
We have an established network of 81 local websites in 37 countries with many more in development.
Our 54 local franchisees are the key to our success and come from a huge range of backgrounds, ages and nationalities. The common factor is a passion for success.