OrbitaxOrbitax

Greece Provides New Incentives for Patents and Capitalization of Tax-Free Reserves

|Approved Changes|Greece
Greece

Greece has introduced new incentives for patents and tax-free reserves as part of Law 4512/2018, which was published in the Official Gazette on 17 January 2018.

Patent Incentive

The patent incentive provides for a three-year tax exemption on income derived from the sale of goods manufactured by a company under a recognized patent that was developed by the company itself, as well as on incom…

Continue Reading