Legal Framework

The corresponding laws on investments regarding the selected investing destinations, are governed by some common regulations which are summarized as follows:

There is no discrimination between local and foreign investments

A model of an open economy is launched in order to protect and promote foreign investment

Foreign investments may take the form of a joint venture, set up as legal corporations of even 100% foreign capital

There are free tax zones ready to be exploited

There is free repatriation of dividends

According to the project and its feasibility, it is re - evaluated by case in order to favor the cost-effectiveness of the investment.

Specific decisions favor the development of small and medium enterprises and define the frame for new forms of foreign investment such as cooperated production of goods or rendering of services, as well as for hotel and productive management

Contact address: 23 Trapezountos street, 145 65 Agios Stefanos, Hellas. Tel.: +30 2108145225, Fax: +30 210 8145992 [email protected]