Company Law
Private Capital Company (IKE) Advantages
Why Greeks choose IKE over other corporate forms
The Private Capital Company (IKE), regulated by Law 4072/2012, has become the most popular corporate form in Greece. One in two new companies registered is an IKE.
Formation Benefits
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Can be formed through One-Stop-Shop service or e-YMS platform
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No visit to any public service required
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No publication in Government Gazette needed
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Minimum capital: just €1
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Formation cost: only €70 stamp duty
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Same tax regime as SA companies
Liability Protection
Partners are NOT personally liable for company debts. Only the company is liable with its own assets for corporate obligations.
Flexible Contributions
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Capital contributions (cash, assets)
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Non-capital contributions (services, work)
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Guarantee contributions
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Each share represents only one type of contribution
Insurance Advantages
IKE partners have NO obligation for social security contributions. Only if a partner is also appointed as manager, they pay contributions on management income only (not on dividends).
Other Features
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Duration: 12 years by default (extendable)
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Headquarters can be transferred within the EEA
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Disputes handled by local Peace Court
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Articles of association by private document (no lawyer required)
I look forward to hearing from you soon.
Kind Regards,
Nefeli
