The Greek Ministry of Finance has proposed legislation offering tax incentives to bolster the capital market, featuring an increased deduction for listing costs of small and medium enterprises and an expanded angel investor tax relief for investments in certain entities on 31 March 2025.
Small and medium-sized enterprises (SMEs) can claim a 100% tax deduction on costs related to listing on a regulated market in Greece, with a cap of EUR 200,000. Eligible expenses include legal and financial fees. The benefit applies to expenses incurred from 2025 to 2027 and is revoked if the securities are delisted within 10 years.The tax rate on interest from corporate bonds purchased by Greek resident individuals will be reduced from 15% to 5%, provided the bonds meet listing criteria.
The existing 50% income tax deduction for angel investors will now also apply to investments in companies listed or entering a multilateral trading facility (MTF) in Greece.
Earlier, Greece’s Ministry of National Economy and Finance announced new legislation for tax reform measures for 2025 on 5 November 2024. Tax Incentives for Innovation and Business Transformations and Other Provisions,” included reforms to modernise tax legislation. These measures aim to encourage business mergers and acquisitions, expand tax incentives for research and innovation, set new expenditure limits for development and investment, and improve the efficiency of the Independent Authority for Public Revenue (AADE).
