There is a variety of legal forms under which a foreign enterprise may establish and operate a business in Greece, such as forming a local company or partnership, a Greek branch, or entering into a joint venture with another enterprise. Foreign enterprises can also establish a presence in Greece with the sole scope of activity being to provide certain services (for example, consulting or processing to their head office or any other affiliate company not established in Greece.
An entity with its registered place of business in Greece is normally considered to be a Greek entity despite the fact that all of its members may be foreign. There are generally very few restrictions as to the participation of foreign individuals or entities in Greek entities.
Business Entities in detail:
- Corporation – Anonymos Eteria (AE)
- Limited Liability Company - Eteria Periorismenis Efthynis (EPE)
- European Company - Société Européenne (SE)
- Offshore Entities (Law 89) – Grafio/Etairia Nomou 89
- Joint Venture - Kinopraxia
- General Partnership - Omorythmos Eteria (OE)
- Limited Partnership - Eterorythmos Eteria (EE)
- European Economic Interest Grouping (EEIG)