Akti Miaouli, Piraeus · Alimos, Athens
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Commercial & corporate law

Corporate lawyers in Greece: from setting up the company to selling it.

We advise businesses and entrepreneurs at each stage of a company's life: choosing the right legal form, setting the company up, bringing in or buying out partners, acquiring or selling a business and restructuring a group.

The same lawyers who know the company handle its commercial contracts.

Who it is for

Entrepreneurs starting a business in Greece, Greek and foreign companies setting up or restructuring here, and owners who are buying, selling or bringing in an investor.

What we cover

Our commercial and corporate work includes:

  1. 01

    Choice of legal form and drafting of the articles of association

  2. 02

    Company formation through the One-Stop Shop and registration with the General Commercial Registry (ΓΕΜΗ)

  3. 03

    Transfers of shares and of ΙΚΕ company parts, capital increases and the entry of new partners

  4. 04

    Acquisitions and sales of companies and businesses, including legal due diligence and the sale agreement

  5. 05

    Mergers, divisions, conversions and cross-border transformations

  6. 06

    Commercial contracts: distribution, agency, franchising, supply and joint ventures

01

What a corporate lawyer does

A corporate lawyer makes sure the company is properly set up and runs lawfully: who manages it and with what powers, who holds the shares or company parts and with what rights, how decisions are taken and what is registered with ΓΕΜΗ. The work usually shows when something changes: a new partner joins, a founder leaves, an investor or a bank arrives, or the company is sold. That is when the articles, the books and the registrations are checked against each other.

02

The company's annual obligations

The ordinary general meeting of an ΑΕ and the ordinary meeting of partners of an ΙΚΕ must be held by the tenth calendar day of the ninth month after the financial year ends, to approve the annual financial statements; the minutes and approved statements are filed with ΓΕΜΗ. For 2026 the deadline was extended by 30 calendar days by Law 5338/2026. We help with the notice, the minutes and the filings, so the company is not exposed when it seeks finance or is sold.

03

Who may run the company

Before appointing a board member, manager or liquidator, a check is worth making: a person entered in the ΓΕΜΗ Register of Disqualified Directors may not be appointed, and an appointment made anyway is void. A company that knowingly entrusts its management to a disqualified director faces a fine of €50,000 to €1,000,000. Law 5338/2026 widened access to the register and changed the test for private persons from a specific legal interest to a reasonable interest.

04

When clients come to us

Clients usually write to us when:

  • a new business starts and the form and articles must be chosen;
  • a partner or shareholder joins or leaves, or management changes;
  • an investor, bank or buyer is about to examine the company;
  • partners or shareholders disagree;
  • the company needs to merge, divide or convert.
05

ΙΚΕ, ΑΕ or ΟΕ

The choice of company form shapes liability, cost and flexibility for years. In a general partnership (ΟΕ) the partners are liable for the company's debts without limit, jointly and severally. A private company (ΙΚΕ) offers limited liability with flexible contributions: partners can contribute capital, work or services, or a guarantee. A company limited by shares (ΑΕ) needs a minimum share capital of €25,000, fully paid up, and suits companies that expect outside investors, want to be run by a board of directors or may eventually seek a listing.

Companies are set up through the One-Stop Shop service and registered with the General Commercial Registry (ΓΕΜΗ) under Law 4919/2022. We advise on the form that fits the business plan, and on converting the company later if the plan changes.

06

Share transfers and acquisitions

A transfer of ΙΚΕ company parts must be made in writing. It takes effect towards the company once the company is notified, and towards third parties from its entry in the company's register of partners. Registered shares in an ΑΕ are transferred by entry in the shareholder register. Errors at this stage are common and can surface years later, typically when the company is sold or seeks financing.

In acquisitions we handle due diligence, the structure of the deal, the share or asset purchase agreement and completion. Larger transactions may need clearance from the Hellenic Competition Commission: a concentration must be notified where the combined worldwide turnover of the parties is at least €150 million and at least two of them each have turnover in Greece above €15 million. Cross-border mergers, divisions and conversions follow Law 4601/2019, as amended by Law 5055/2023.

→

Business lawyer in Greece

→

Disqualified directors register: what changed

→

Update: 2026 general meeting deadlines

→

Corporate governance and shareholder agreements

FAQ

Questions clients ask

Should I set up an ΙΚΕ or an ΑΕ in Greece?

For most small and medium-sized businesses an ΙΚΕ is simpler: limited liability, a much lower capital requirement and flexible contributions. An ΑΕ requires at least €25,000 of fully paid share capital and a board of directors (or, for a small company, a sole director), and suits companies that expect investors or larger financing. The right answer depends on your plans.

What is the minimum capital for a Greek company?

An ΑΕ needs a minimum share capital of €25,000, fully paid up. The capital requirement for an ΙΚΕ is much lower. In a general partnership (ΟΕ) the partners are personally liable for its debts without limit.

How are shares in a Greek company transferred?

ΙΚΕ company parts are transferred in writing; the transfer takes effect towards the company once it is notified and towards third parties from its entry in the register of partners. Registered shares in an ΑΕ are transferred by entry in the shareholder register. The articles may add conditions, so they must be checked first.

Does an acquisition need approval from the Competition Commission?

Only above certain thresholds: where the combined worldwide turnover of the parties is at least €150 million and at least two of them each have turnover in Greece above €15 million. Below those thresholds, as a rule, no notification to the Hellenic Competition Commission is required under Law 3959/2011; transactions with an EU dimension are notified to the European Commission instead.

Do you work with foreign companies and investors?

Yes. We advise foreign companies and investors setting up, acquiring or restructuring a business in Greece, and we work in both English and Greek.

What does a corporate lawyer in Greece do?

Sets up the company and drafts the articles, handles its changes (partners, capital, management) and the ΓΕΜΗ filings, drafts shareholder agreements and commercial contracts, and runs the due diligence and contract when a business is bought or sold.

Should I check whether a new manager is a disqualified director?

Yes, it is prudent. Appointing a disqualified director is void, and a company that knowingly does so faces a fine of up to €1,000,000. Ask the person for a written confirmation and, if needed, information from the ΓΕΜΗ register.

How we work

  • A partner leads every matter, with an associate on the day-to-day work.
  • Write to us with the facts and any documents. We reply by email within one working day.
  • We work in Greek and English; German on request.
  • For the part of a matter abroad, we work with correspondent firms, each under its own professional rules.

Contact

To discuss setting up a company, a share transfer or a transaction, write to business@latsoudislaw.com.

Send us your question

Tell us about your case. A lawyer of the firm will reply by email.

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