Expatriate tax ebook - Greece

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Facts and figures

Pre arrival procedures
Employment visas
Tax year
Tax returns and compliance
Income tax rates
Sample income tax calculation

Pre arrival procedures
Employees and freelancers need to obtain a residence permit. Non EU individuals should apply for their work permit at the Greek consulate.

Employment visas
Non EU citizens are only able to obtain residence and work permits if they qualify for a job pre-announced by the local authorities. They are also permitted if they meet certain qualifications for self-employment (minimum of € 60,000 in a deposit bank account); or come into the country as investors (minimum of € 300,000 of capital).

No work permit is required for EU citizens.

Tax year
The Greek tax year runs from 1 January to 31 December.

Tax returns and compliance
Most Greek national employees working in Greece pay their tax through payroll withholding and they are required to file a tax return.
Personal tax returns should be filed in May, regarding the tax registration number following the end of the tax year concerned.

Individuals’ Income Tax Scale for every Income Source for the Fiscal Year 2010 & afterwards

Income Scale Tax Rate Tax Scale Total
Income Tax
12,000 0% 0 12,000 0
4,000 18% 720 16,000 720 
6,000 24% 1,440 22,000 2,160
4,000 26% 1,040 26,000 3,200
6,000 32% 1,920 32,000 5,120
8,000 36% 2,880 40,000 8,000
20,000 38% 7,600 60,000 15,600
40,000 40% 16,000 100,000 31,600
over 45%



Sample income tax calculation
1/1/2010 - 31/12/2010, amounts in €, salary paid employee

€ €
Employment income 20,000
Less
Pension Scheme contributions and allowances (1,000)  
Taxable income 19,000
Tax at 0%             first 12,000 0.00
18%  next 4,000 720.00
24%  next 3,000 720.00
 
Tax bill 1,440.00

Information about Greece:

  • introduction
  • facts and figures
  • basis of taxation
  • what taxes?
  • tax planning opportunities

    • Last updated 14 June 2010

    This information has been provided by Grant Thornton Greece, a member firm of Grant Thornton International Ltd and is for informational purposes only.  Neither Grant Thornton Greece nor Grant Thornton International Ltd can guarantee the accuracy, timeliness or completeness of the data contained herein.  As such, you should not act on the information without first seeking professional tax advice. 

    Grant Thornton International Ltd and the member firms are not a worldwide partnership. Services are delivered independently by the member firms
    Disclaimer

    Contact Us Envelope

    Contact us

    For further information on expatriate tax services in Greece please contact Sotiris Gioussios

    Related websites

    Ministry of Economy and Finance 
    Invest in Greece Agency 

    Related publications

    Tax facts booklet 
     

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