Why Freelance in Greece: Greece offers incentives for freelancers, such as tax exemptions on up to 50% of income for the first seven years and a Digital Nomad Visa for established income earners. These benefits, combined with Greece's cultural richness and Mediterranean climate, make it an attractive place for freelancers.
*Please be aware that we do not update this information in real time, so you should verify that the law has not changed recently.
Business Name and Registration: Select a unique business name, which will be used in all formal documents. Registration requires visiting the local Chamber of Commerce, where you’ll choose a business entity type (often sole proprietorship for freelancers).
Required Documents: Collect and submit necessary documents like passport, proof of address, birth certificate, and (for non-EU citizens) a visa.
Tax ID: Apply for a Tax ID (AFM) at the local tax office, which is essential for tax and VAT registration.
Licenses: Some professions may require specific licenses from the Chamber of Commerce.
Freelancer Options: Most freelancers in Greece operate as sole proprietorships, but some may choose a partnership or cooperative if working collaboratively. Consulting a legal advisor can clarify which structure best suits your goals.
VAT Registration: Freelancers need to register for VAT if their annual income exceeds €35,000. Greece’s standard VAT rate is 24%, with reduced rates of 13% or 6% for certain goods.
VAT Application: To apply for VAT, submit the M2 form (Statement of Commencement for Natural Persons) at a Greek tax office.
Income Tax: Tax rates are progressive, from 9% to 44%, depending on income. Non-residents and residents of other EU countries can benefit from credits or deductions if most income (90%) is earned in Greece.
Tax Filings: Freelancers are required to file quarterly and annual tax returns, with the final annual filing due by June 30 for the previous tax year.
Health Insurance: All freelancers must obtain health insurance. Options include public health insurance under the Social Insurance Institute (IKA) or private insurance. To access public health benefits, freelancers need a social security card (AMKA), available through IKA.
Pension Contributions: Greek pension rules vary, but freelancers generally pay contributions around 20% of income. While complex, private pensions are also available as an alternative.