ARTICLES

Sanctions for the non-compliance with Law 4808/2021 provisions on violence and harassment – digital employment card – parental leaves

The decision No. 80016/2022 issued by the Minister of Labor and Social Affairs elaborates on the sanctions to be imposed to employers regarding violence and harassment incidents, the use of the digital employment card by the employees and the proper granting of the parental leaves provided by law 4808/2021. Applicable as from 01.09.2022. READ FULL ARTICLE

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

Termination of indefinite term employment agreements

A detailed analysis on the Greek legal framework applicable to termination of indefinite term employment agreements, including recent developments introduced by law 4808/2021 and interesting case law. Particular emphasis is placed on the grounds under which a dismissal is considered invalid and the respective implications and consequences for the employer and the employee. READ FULL ARTICLE

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

Capitalisation of debt and subsequent sale of resulting shares at a loss amounts to an artificial arrangement

The Dispute Resolution Directorate of the Independent Authority for Public Revenue in its decision No. 4450/2021 held that where a creditor to a company capitalised the debts becoming a shreholder and then immediately sold the shares under their par value, the resulting loss is not tax deductible. READ FULL ARTICLE