Located in the Southeast of Europe, Greece is one of the historically richest countries in the world. However, Greece has so much more to offer than endearing history and ancient artifacts. It is a fertile ground for many types of businesses. So, if you are looking to embark on a professional journey and register as a sole trader in Greece, we’ve got the information you need. Follow our guide and establish your small business with ease!
Disclaimer: Be aware that this article is not a substitute for legal advice. Please always check official websites or seek legal advice before you take action.
Step by step guide
Individuals in Greece have two ways of carrying out their business operations - sole traders or freelancers (freelance professionals). In both of these aspects, the person running the business is legally liable for their business obligations and debts. Even though these are the simplest ways of starting a business in Greece, you will still need to go through a registration process..
Business name registration
The first step of establishing any type of company in Greece is choosing the business name. Alternatively, you can use your legal name as the name of your sole proprietorship. However, if you plan on growing your business and expanding your reach, you should consider choosing a name other than your given one, as it will send a more professional message to your clients.
The next step would be registering said name with the regional Chamber of Commerce, depending where in Greece your company is situated. Before you do this, however, you will need to decide whether your company will be based on natural or legal persons. A natural person is a sole proprietorship and a legal person is a corporate company or another type of legal entity.