EY in Greece

After a long-standing debate, Greece's tax authority has reduced the VAT threshold for pharmaceutical rebates. EY Greece's Nikoletta Merkouri discusses the impact for pharmaceutical companies.

In April 2018, Greece's Ministry of Finance announced its intention to implement mandatory e-invoicing and e-bookkeeping for all Greek entrepreneurs from January 1 2020.

Law 4548/2018 (new law) on sociétés anonymes (SAs), or corporations in Greece, entered into force on January 1 2019, replacing Law 2190/1920, which governed the operations of corporations in Greece for almost one century.