Fees and timelines in 2024
Fees
Incorporation costs in Year 1 amount to €5,400 and annual company costs in Year 2 and thereafter amount to €1,900. The average total fee per Greece engagement amounts to €11,600, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
Different Greece entity types | Cost | Draft invoice |
---|---|---|
LLC | €12,600 | View invoice PDF |
PLC | €13,700 | View invoice PDF |
Branch office | €13,100 | View invoice PDF |
Representative office | €13,600 | View invoice PDF |
Click here to create your own Greece invoice
Timelines
The average Greece company registration period is 12 weeks as outlined below:
Service | LLC | PLC | Branch | Rep. office |
---|---|---|---|---|
Engagement planning | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
Company incorporation period | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
Bank account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
Internet banking approval | 2 weeks | 3 weeks | 3 weeks | 3 weeks |
Incorporation completion | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 12 weeks | 13 weeks | 13 weeks | 13 weeks |