Per new Law 5024/2023, commercial leases may be subject to VAT (instead of stamp duty) if an appropriate application is submitted without any time limitation (even after the first use of the relevant immovable property). Under the new rules, applications may be submitted at any time, but the effective date will be the start of the next taxable period, which could be either a month or a trimester, subject to the approval of the respective application.
Source: EY
