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