Abolishment of the annual fee (€350) from the year 2024 onwards

25 Mar Abolishment of the annual fee (€350) from the year 2024 onwards

On 21 March 2024, the Department of the Registrar of Companies and Intellectual Property (the “Registrar”) announced that according to the Companies (Amendment) Law 2024, L.25(I)/2024, which was published in the Official Gazette of the Republic on 15 March 2024, the annual fee for companies registered in the Register of the Registrar of Companies is abolished from 2024 onwards. It is further noted that the obligation to pay the annual fees for the years from 2011 to 2023 continues to apply.

According to the Amending Law 2024, L.25(I)/2024, dated 15 March 2024, for those companies that have already paid the annual fee of 2024, fees will be refunded as follows:

1. For online payments made through JCC, the excess amount will be refunded directly to the card with which the payment was made, without any further action by the applicant.
2. For payments made to the Cashier of the Registrar, the excess amount will be refunded to the applicant’s bank account upon presentation to the Cashier of the Department of form KE1 (in Greek), the payment document, together with the authorisation form (in Greek) for payments by FIMAS, accompanied by a photocopy of the statement of the bank account to be credited, as described in the authorisation form.