The amended provisions of the Tax Law 4646/2019 of the Hellenic Republic which entered into force in the beginning of March of 2020, establish the perfect conditions for high-income individuals to transfer their tax domicile to Greece. Due to this new “non-domicile” regime introduced by the Hellenic government , physical persons who transfer their tax residency to Greece shall receive significant tax deductions on the totality…
The European Markets Infrastructure Regulation (EMIR) (EU) No. 648/2012 on OTC entered in vigor on August 16th of 2012 is an EU Regulation on OTC derivatives, central counterparts and trade repositories which has been adopted for the optimization of transparency in derivative markets. The Regulation was inspired by the G20 commitments as agreed upon in Pittsburgh back in September of 2009. The fundamental provisions of EMIR…
Following the amendments suggested by the Hellenic Government earlier in September and approved this week by the Ministry of Development and Investments, the minimum amount of investment has been doubled in the most popular and expensive areas of the Hellenic Republic. The amended Legislation which has been introduced to the Parliament states that for the Northern, Central and Southern Domains of Athens within Attica, the Municipality…
Over the past few years Greece has become an attractive pole for investors due to the countrys’ unique location, history, climate and natural resources. Situated at the crossroad of three continents, Greece is a major business center, particularly within the shipping and tourism sectors, while it is considered to be the number 1 holiday destination. Most investors choose the Hellenic Republic for their permanent residency for…