Set Up a Subsidiary Company in Greece

With the support and expertise of our professionals, turn your dream subsidiary company in Greece into a reality. Let us manage the entire process.

Set Up a Subsidiary Company in Greece

Expanding into Greece

Greece attracts foreign investors looking to establish subsidiaries due to low labour costs and its strategic location for connections in southern Europe, the Balkans, and the Middle East. A new act has also reduced incorporation times. We have extensive experience establishing subsidiary companies in Greece and can manage the entire process. Our packages include setting up bank accounts, providing office space, and registering for VAT. Trusting us can relieve the stress of incorporation.

Unlocking the Greece Subsidiary Company Benefits

Open a Subsidiary Company in Greece Now?

Open a Subsidiary Company Now?

Strategic Geopolitical Location

Greece is at the crossroads of Europe, Asia, and Africa. Opening a subsidiary here provides access to emerging markets, ideal for regional headquarters or distribution centres.

Competitive Labor Costs with High Education Levels

Greece has a well-educated, multilingual workforce, especially in fields like IT, engineering, and finance, but with lower labor costs.

Tourism & Shipping Powerhouse

If your subsidiary is in the tourism, hospitality, or shipping/logistics sector, Greece provides a massive local advantage.  

Access to EU Funding and Incentives

Greece provides access to European structural and investment funds. Companies can benefit from financial support for innovation, green energy, and digital transformation.

Supportive Legal Framework for Foreign Investors

Greek laws generally favour foreign ownership, allowing complete control of a local subsidiary without mandatory joint ventures.

Tax Reforms and Business-Friendly Environment

Greece has recently implemented various corporate tax cuts (currently around 22%) and offers incentives for digital nomads, startups, and innovation-driven businesses.

360 degree support for your incorporation requirements

Subsidiary Company in Greece

Why Choose a Subsidiary Company in Greece?

Ensure documentation is accurate and compliant with our experts. Benefit from ongoing advisory services to navigate Greece’s evolving business landscape.

FAQs

A Greek subsidiary is typically set up as a Private Company (IKE) or Single-Member Private Company, offering limited liability and full legal independence from the parent company. It is treated as a separate legal entity under Greek corporate law. 

Yes. Greece allows 100% foreign ownership of subsidiaries. There are no legal requirements for Greek shareholders or directors, though a local representative may be required for tax and legal matters. 

Due to recent reforms, incorporation timelines have been significantly reduced. With proper documentation, the process can often be completed within 7–10 business days. 

To establish a subsidiary company, the following are typically required: 

  • Certificate of Incorporation of the parent company 
  • Articles of Association (Memorandum) 
  • Certificate of Good Standing 
  • Board resolution approving the creation of the subsidiary 
  • Power of Attorney if appointing a local representative 
  • Proof of registered Greek address 
  • Identification of shareholders/directors 

All documents must be apostilled and translated into Greek by a certified translator or legal expert. 

Yes. A registered physical office address is mandatory. We offer serviced offices and registered office addresses to help fulfil this requirement. Virtual offices are generally not accepted for incorporation purposes.