A branch of a foreign company may be established in Greece through registration with the General Commercial Registry. Certain documents must be filed, including the Articles of Association of the foreign company, a certificate of good standing of the foreign company issued by the competent foreign supervising authority, a resolution of the competent corporate body of the foreign company approving the establishment of a branch in Greece, and a Power of Attorney appointing the branch’s legal representative(s) in Greece as well as the person(s) authorized to receive correspondence in Greece (if a legal representative does not reside in Greece).
Following registration with the General Commercial Registry and publication in the General Commercial Registry’s website, where required, the branch must be registered with the competent tax authorities (the tax registration is not carried by the General Commercial Registry but is effected separately at the competent tax office).
The branch is administered by its legal representative(s) in Greece who is/are appointed as above. The representative(s) of the branch generally have the same management liability as the member(s) of a Board of Directors of an AE or the administrator of an EPE.