List (.pdf)
Corporate law and register
The main rules for an IKE are contained in Law 4072/2012. The company is registered in the General Commercial Registry (G.E.MI. / Γ.Ε.ΜΗ.).
Company form
Private Capital Company — IKE (Ιδιωτική Κεφαλαιουχική Εταιρεία). It may be established by one or more members.
Permitted activities
Any lawful business activity. Banking, payment, insurance, investment and other regulated activities require a separate licence or authorisation.
Company registration
A standard IKE can be formed electronically through the One Stop / e-YMS service. The articles and details of the members, manager and registered office are submitted electronically unless the structure requires a special notarial form.
Company name
The name is checked for availability and includes IKE/Ι.Κ.Ε. or another permitted equivalent.
Formation documents
Articles / memorandum of association, details of the shareholders and managers, registered office, business description and other documents required by the registry, notary or formation authority. Foreign shareholder documents may require legalisation/apostille and translation.
Registered office
The company must maintain a registered office in the country of incorporation. It is used for official correspondence and must meet local legal requirements.
Minimum share capital
Current official guidance for a standard IKE provides for minimum capital from EUR 1. Contributions may include cash, in-kind and other contribution types permitted by law.
Shareholders / members
One or more members. A single-member IKE is permitted and is identified as such in public registration data.
Directors / management
The company is managed by one or more managers in accordance with the articles and Law 4072/2012.
Accounting and annual reporting
The company keeps accounting records, meets tax filing obligations and makes the required corporate filings/publications with G.E.MI.
Information available to third parties
Core registration details about the company and its corporate bodies are available through the national business register to the extent required by law. Beneficial ownership information is disclosed to competent authorities and other persons according to applicable AML/UBO rules.
Taxation
The company is subject to the ordinary tax regime of its country of incorporation. Before trading starts, the structure should be reviewed for tax residence, corporate income tax, VAT, possible withholding taxes, transfer-pricing rules and the application of double-tax treaties to the actual business model.
Corporate bank accounts
The company may open corporate accounts with local or foreign banks and European payment institutions / EMIs. Approval depends on the business profile, ownership, customer and counterparty countries, source-of-funds evidence and the expected payment pattern.
Registration and maintenance cost