Greek Tax Monitor March 2023

Newsletter March 2023 - ECOVIS Greece

Newsletter March 2023

During the first two months of 2023, several significant changes were introduced concerning employment matters in Greece, affecting key areas concerning businesses, as well as self-employed individuals and freelancers. Some of the key developments that took place were the following: Adjustment of the new maximum limits of insurable earnings and the amounts corresponding to the […]
Adjustment of the new maximum limits of insurable earnings and the amounts corresponding to the respective insurance classes, effective 1 January 2023 - ECOVIS Greece

Adjustment of the new maximum limits of insurable earnings and the amounts corresponding to the respective insurance classes, effective 1 January 2023

In accordance with Ministerial Decision No. 30/01/2023, the insurance classes of self-employed individuals and freelancers are now determined as follows: Pursuant to the provisions of Art. 97(3) of No. Law 4387/2016, the amounts of the insurance classes for the payment of the monthly supplementary insurance contribution for self-employed persons, freelancers, and self-employed lawyers and engineers […]
Adjustment, as of 1 January 2023, of the new limits of daily salaries and imputed daily wages under the applicable insurance classes - ECOVIS Greece

Adjustment, as of 1 January 2023, of the new limits of daily salaries and imputed daily wages under the applicable insurance classes

The below represent the new limits of daily salaries and imputed daily wages under the applicable insurance classes of the e-EFKA, determined on the basis of the e-EFKA pension increase rate of 7.75% (Joint  inisterial Decision No. 126331/28.12.2022 Κ.Υ.Α. – Official Government Gazette 6949 Β7), which also came into force on the same date. Accordingly, […]
Working time organization – Leaves - ECOVIS Greece

Working time organization – Leaves

As of 12 January 2023, all companies/employers that have completed the registration process towards the digital  organization of the working time of their employees, who have a dependent employment relationship, may register their  leaves in the new digital environment of the ERGANI II system. Indeed, they can do so retrospectively and until the end  of […]
Calculation of the insurance days of members of Boards of Directors - ECOVIS Greece

Calculation of the insurance days of members of Boards of Directors

Circular No. 40/2022 of e-EFKA provides notification of the provisions of Article 34 of Law No. 4670/2020 replacing those  of Article 38 of Law No. 4387/2016, as it was in force. More specifically, as regards the insurance of the members of the  Board of Directors of Public Limited Companies and Agricultural Cooperatives, the way of […]
Estimated increase in the minimum wage - ECOVIS Greece

Estimated increase in the minimum wage

In accordance with Article 39 of Law No. 5013/2023 (Official Government Gazette A’ 2/19-01-2023) on “Multi-level  governance, risk management in the public sector and other provisions”, the deadlines for the submission of all the  procedures for the increase in the minimum wage (written invitation on the part of the Coordination Committee of the  public consultation, […]