The official journal of the EU published its Regulation 2017/2226 concerning the system of entry and exit to the Schengen area and an amendment to the agreement on its application. According to the new provisions, the necessary information is recorded at entry, exit, denial of entry to third-country nationals crossing the external border of the…

In the framework of the sharing economy, the decision regarding short-term property rentals was signed by the Head of the Independent Authority of Public Revenues. This decision, first of all, determines the responsibilities of the involved Parties, and secondly, the procedure in the short-term accommodation Registry, and thirdly, the declaration of short-term stay. The ultimate…

Based on recent trends, the year 2017 could constitute a recovery year for the Greek real estate market since foreign byers/investors renew their interest in the country. Concurrently, Tourism features as the driving force behind the Greek Economy with the inbound tourism playing a major part regarding the positive economic growth, as it is manifested,…

According to the decision of the General Directorate of Economic Services No 0001695 ΕΞ 2017/Χ.Π. 1917, the Minister of Finance made the following changes: 1. it is allowed to individuals who have not yet had inter-bank accounts, demand deposits or deposit accounts, to open, and also to add co-beneficiaries to the accounts of the credit…

By decision of the Court of Justice of the European Union (C-106/16) it is considered incompatible the forced winding up of a company that transfers its registered office to another state. In addition, according to the EU Court, the reasons not permitting it fall under the principle of freedom of establishment of each company established…

Without the electronic identifier of a building, such transactions as rent will become impossible, regardless of new or old properties. In accordance with the new draft law on the control and protection of built-up environment, the necessary for the sale of real estate will be an engineer’s certificate, but from now on the electronic identifier…

The VAT has been and will be an important source of revenue for the EU. Due to the ongoing and intense reforms and changes that the economic system has suffered, the VAT system has become very complex. Thus, the European Commission proposes the following fundamental changes to the current VAT system Universal taxation of the…

The Ministry of the Environment has submitted a law draft entitled “Control and protection of the built environment”. This law draft includes new provisions regarding the electronic identity of the building, which will replace the provisions of Articles 1 to 4 of Law 3843/2010. Please note that the aforementioned provisions never applied before.

The Public Ministerial Decision No. 39142/2017 was published in the Government Gazette, in which it was decided to extend the accession period regarding the provisions of Law 4178/2013 “Tackling the Arbitrary Constructions Environmental Balance and other Provisions” for categories 1, 2, 4, 5 of Article 9 of Law 4178/2013 is prolonged for 30 days from…

POL. 1138/2017 for amendments to tax capital issues   With the Polygraphic Ministerial Circular 1138/2017, details regarding the provisions of Articles 13, 15, 52, 72, 76 and 79 of Law 4484/2017 and the provisions of Articles 10, 13 and 14 of Law 4474/2017, where tax capital issues have been amended. Thus, according to Article 10…

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