Country Greece
Currency Euro
EU Member State Yes
Standard VAT rate 23%
Reduced VAT rate 6.5% and 13%
VAT registration limit for established businesses Nil
VAT registration limit for non-established businesses Nil
VAT registration rate for distance sellers 35000 Euros
VAT return filing periods Monthly turnover in excess of 1500000 Euros, Quarterly if turnover below 1500000 Euros, Quarterly for Non establish businesses
Annual returns Yes
Intrastat thresholds: dispatches and arrivals 90000 Euros for dispatches/ 10,000 Euros for arrivals
EC Sales Lists frequency Monthly
Additional reporting requirements No
VAT recovery by non-established non-EU businesses Only if reciprocity agreement exists is between Greece and the non-EU country.
Reverse Charge Yes for the majority of cross border activity
Fiscal representative required for non-EU businesses Yes
Statute of limitations Please contact Essentia for specific advice