Foreign shipping companies in Greece

Foreign Shipping Companies establishing an Office or a Branch in Greece
(under the provisions of Law 27/1975 and 3427/2005)

Branches or Offices of Foreign Companies dealing exclusively with:


The Management of Vessels


Average Adjustments/ Insurance Services


Brokerage in the Sale and Purchase of vessels


Sale and Purchase of vessels


Chartering of Ships under Greek or Foreign Flag may be exempted from income taxation, despite having a permanent establishment in Greece, in exchange for their obligation to import foreign currency to finance their local operation.

It is mandatory for a Bank Guarantee from a Greek or a foreign bank of acknowledged standing to be deposited, which will be forfeited in favor of the Greek State in case of breach of the provisions of Law 89/67.

The Minimum of funds imported and spent on office expenses in Greece amount to USD 50.000,00.

They are entitled to the following facilities concerning the taxation, provided they are exclusively engaged in commercial activities whose objects lie outside Greece:

Total exemption of the Company from:


Custom duties


Import taxes


Stamp duties




Turnover tax


Luxury tax and any other taxes, duties or charges in favor of the State


Total exemption from taxes, duties, or charges for any article necessary for equipping their office in Greece


Exemption from income tax

The only Current Tax Liability is a tax that varies accordingly to the amount imported and spent in Greece.

Get in touch

Call Us

Tel. No. GR: +30 210 3627888-9 | +30 210 361 1505 | +30 6937 22 88 88 | +30 6934 555 555

Tel. No. DOMINICA: +17672853888 | +17672751888

Tel. No. UAE:  +971506689558

Tel. No. MALTA: +35699884534

Tel. No. CYPRUS: ‭+357 99 202422‬ |‭ +357 22 332040‬

Emergency and A.O.H.: +306934555555 , +306937228888

Fax: +30 210 361 78 48


4 Koumbari Street,
Kolonaki Square,
Athens, 10674 Greece | [email protected]

Dominica Office :
36 Great George Street Roseau
Commonwealth of Dominica
00112 West Indies 

Antigua & Barbuda Office:
P.O. Box W834
Ocean Heights
Hodges Bay
St. John's, Antigua WI

St Lucia:
20, Micoud Street, Castries
P.O. Box 189
Saint Lucia

Cyprus Office:
Flat 210
2-4 Arch. Makarios III Av.
1065 Nicosia, Cyprus


Email Us

General Inquiries:
[email protected]
[email protected]

IP Practice:
[email protected]

Shipping Practice:
[email protected]

Dominica Office:
[email protected]

St Lucia Office:
[email protected]

Send us your message

Logo Vardikos,
4 Koumbari Street, Kolonaki Square, Athens, 10674 Greece
E: [email protected] | T: +30 210 3627888-9 | +30 210 361 1505 | +30 6937 22 88 88 | +30 6934 555 555

V & V

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