Greece (EL)

Country VAT Profile

Country Greece
EU Member State Yes
Standard rate of VAT 24%
Reduced rates 6.5% / 13%
VAT identification number format EL 123456789
VAT registration limit established businesses Nil
VAT registration limit non-established businesses Nil
VAT registration limit distance sales EURO 35,000
VAT return periods Established businesses: Monthly (turnover in excess of EURO 1,500,000), Quarterly (turnover below EURO 1,500,000) Non-established businesses: Quarterly
Annual returns No
Intrastat thresholds: dispatches and arrivals EURO 90,000 for dispatches and EURO 150,000 for arrivals (DS exempt)
EC Sales Lists frequency Monthly
EC purchase lists Yes
Other reporting requirements No
VAT recovery by non-established non-EU businesses A non-EU business is only allowed to recover the VAT if reciprocity agreement is signed between Greece and the non-EU country. reciprocity agreement only agreed with Norway and Switzerland.
Expenses on which VAT is not recoverable Most countries including Greece restrict input tax recovery on certain items. This may include costs related to cars, hotel, accommodation and business entertainment.
Reverse Charge The reverse charge mechanism applies to the majority of cross border services.
Extended reverse charge Services provided by a non-established business to a VAT registered customer in Greece are subject to the reverse charge and the customer accounts for the VAT. Please contact us if you would like details of how the extended reverse charge applies in Greece.
Fiscal representative required for non-EU businesses A business established in a country outside the EU must appoint a tax representative to register for VAT in Greece.
Use and enjoyment rules Use and enjoyment rules apply in Greece to services such as advertising and hire of goods. Please contact us for details.
Local address Accordance
Statute of limitations Recovery of VAT by the VAT authorities: The period is 5 years Deduction and refund: The period is 3 years

This information is correct at the time of publishing (November 2018) but may change at any time. This listing is produced for general guideline purposes only – for detailed information about any particular country and/or threshold, please contact us.