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Greece — Orbitax Country Chapters

Greece is a country located in Southern Europe on the southern end of the Balkan Peninsula and includes an archipelago of about 2,000 islands. Greece has land borders with Albania, Macedonia, Bulgaria, Turkey, the Aegean Sea, the Ionia Sea and the Mediterranean Sea.

Greece has a market economy in which the prices of goods and services are determined in a free price system. Key sectors of the economy include tourism, shipping and agriculture, as well as food processing and manufacturing of textiles, pharmaceuticals, telecommunication equipment and others. The country is open to foreign investment and provides investment incentives for most sectors.

Currency is Euro (EUR)


APA Advance Pricing Agreement
CbC Country-by-Country Reporting
CFC Controlled Foreign Company
CUP Comparable Uncontrolled Price
DTA Double Tax Agreement
EEA European Economic Area
EU European Union
EUR Euro
OECD Organization for Economic Cooperation and Development
PIC Portfolio Investment Companies
PE Permanent Establishment
TP Transfer Pricing
REIC Real Estate Investment Companies
REIF Real Estate Investment Funds
UCITS Undertakings for Collective Investment in Transferable Securities
VAT Value Added Tax
WHT Withholding Tax