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Corporate Law
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23 Jul 2024 | in ARTICLES, Corporate law, by Katerina Stathakarou and Vassilis Goulielmos
Adoption of restrictions with regard to Disqualified Directors – Law 5122/2024
By virtue of Law 5122/2024, the provisions of Directive (EU) 2019/1151 relating to “disqualified directors” were transposed in Greek legislation. The newly adopted measures aim to prevent fraudulent or other abusive behavior by refusing the appointment of a person as a director of a company, taking into account the former conduct of that person in their own territory, as well as on the basis of information provided from other Member States. READ FULL ARTICLE
07 Nov 2023 | in ARTICLES, Corporate law, by Vassiliki Nikolaou
Single-member Sociétés Anonymes and Shareholder disclosure obligations (in Greek)
The Ministry of Development has recently issued circular no. 82772/18.09.2023 providing clarifications regarding the disclosure requirements of single-member Sociétés Anonymes. This article provides an overview of these requirements, focusing on the obligation of single-member Sociétés Anonymes to publish the details of their sole shareholder in the General Commercial Registry ("G.E.MI."), and the respective formalities that should be observed on a case-by-case basis. READ FULL ARTICLE
24 May 2023 | in ARTICLES, Corporate law, by Sergios Charalambous
Submission of annual financial statements by non-financial legal entities to the Bank of Greece (in Greek)
A recent act from the Bank of Greece brought to light the obligation of non-financial legal entities to submit their annual financial statements with the Bank of Greece within a set deadline initiating from their approval by the ordinary General Assembly.READ FULL ARTICLE
24 Aug 2022 | in ARTICLES, Corporate law, by Vassiliki Nikolaou
Amendments in establishing Greek companies – Law 4919/2022 (in Greek)
The Law 4919/2022 incorporates into the Greek legal system the Directive (EU) 2019/1151 regarding the use of digital tools and procedures in the field of corporate law) and it introduces a series of changes concerning the establishment of Greek companies, the publication of the corporate acts in the Greek Business Registry (GEMI), as well as the simplification of relevant procedures at a legal, administrative and technical level. READ FULL ARTICLE
03 Aug 2022 | in ARTICLES, Corporate law, by Apostolos Latsonas
New procedure for registering Trade names and Distinctive titles – Registry of Trade Names and Distinctive Titles (in Greek)
Recent legislative changes (Law 4919/2022 and Ministerial Decision 68281/2022) have led to the digitalization of the registration process for trade names and distinctive titles by entities engaged in commercial or non-commercial economic activities and the introduction of a national digital registry in the Greek Business Registry (“G.E.MI.”). READ FULL ARTICLE
Employment Law
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10 Mar 2025 | in ARTICLES, Employment law, by Vassiliki Rogakou
Law 5163/2024: New Minimum Wage Law implementing Directive 2022/2041 on adequate minimum wages in the EU
Law 5163/2024, effective as of December 6, 2024, incorporates Directive 2022/2041 on minimum wages into Greek law. Among other changes, it introduces a new wage determination procedure, aims to increase collective bargaining coverage, and includes a quasi-automatic wage adjustment system. You can read more in our newest article. READ FULL ARTICLE
11 Nov 2024 | in ARTICLES, Employment law, by Anna Pechlivanidi
C-441/2023: The ECJ interprets Article 3(1)(b) of the Directive on temporary agency work, significantly reinforcing its protective framework
The recent ECJ ruling on Article 3(1)(b) of Directive 2008/104/EC has significant implications for temporary-work agencies across Europe, being particularly relevant for Greek enterprises, which use service contracts for the assignment of workforce. This article delves into the legal nuances and potential ramifications of this landmark decision. READ FULL ARTICLE
20 Jan 2024 | in ARTICLES, Employment law, by Anna Pechlivanidi
Employment Law Alert: Ministerial Decision No 113169/2023
On 28 December 2023, Ministerial Decision No 113169/2023 (“The Decision”) by the Ministry of Labor and Social Security was published in the Government Gazette. The Decision regulates specific issues in relation mainly to the Digital Work Card, a scheme established in Greece by Law 4808/2021, and focuses on details regarding the application of Law 5053/2023, which entered into force a few months ago. READ FULL ARTICLE
06 Oct 2023 | in ARTICLES, Employment law, by Anna Pechlivanidi and Angeliki Tsatsi
A Comprehensive Review of the Provisions in Employment Law 5053/2023
Law 5053/2023, which entered into force on 26.09.2023, introduces important reforms in relation to employment relationships under Greek law and certain relevant administrative procedures. Apart from the transposition of Directive (EU) 2019/1152 on transparent and predictable working conditions, the Law regulates among others for the first time the on-demand employment, modifies key provisions for the probation period, enables parallel employment and work on Saturdays under certain conditions, and simplifies certain declaration obligations related to Information System ERGANI II. In this article, you can find a brief yet enlightening review of the issues above. READ FULL ARTICLE
