- Monthly VAT declarations for new businesses with a simplified accounting system start from April 1, 2025
- Decision by the Independent Authority for Public Revenue to change VAT declaration submission time for new businesses
- Applies to businesses starting from April 1, 2025, with monthly submissions regardless of accounting system
- For businesses starting between January 1, 2024, and March 31, 2025, monthly submissions begin from July 1, 2025
- Until December 31, 2023, monthly submissions are optional from October 1, 2025
- After 24 months of operation or 12 months of choosing monthly period, businesses can opt for quarterly submissions
- Any change between monthly and quarterly periods requires a 12-month interval
- Monthly submissions help combat tax evasion and improve cash flow management for businesses
Source: taxheaven.gr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
