The new law has halved the minimum annual operating expenditure for family offices from EUR 1 million to EUR 500,000, easing financial entry requirements.
Greece has enacted Law 5222/2025, introducing enhanced tax incentives for Special Purpose Family Wealth Management Companies, commonly known as family offices.
One major change allows family offices to expand their services. In addition to managing and administering family investments, they can now provide advisory services to trustees of trusts whose settlers or beneficiaries are family members linked to these offices.
The law also reduces the minimum annual operating expenditure required in Greece from EUR 1 million to EUR 500,000. This change lowers the financial threshold for establishing and operating a family office in the country.
The law explicitly excludes family offices from the application of the “place of effective management” (PoEM) rules.
Foreign companies owned by family members and served by Greek family offices will not be deemed Greek tax residents solely based on services provided by these offices.