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Athens, Greece's capital and largest city, is becoming an increasingly attractive destination for both international and domestic investments. Investment law in Athens is governed by several local and national legislations, including the Greek Foreign Capital Law and the Business Framework Law, which oversee the promotion, regulation, and protection of foreign and domestic investments. Under these laws, investments can range from real estate investments to ownership in businesses, securities, or other property.
Investing, especially in a foreign country, can be a complex procedure involving numerous legal intricacies. Aspirant investors may require the services of a legal expert in the following situations; during the navigation and understanding of local and national laws, tax implications, in contract reviews, acquiring necessary permissions and licenses, and resolving potential disputes. A qualified lawyer can provide legal advice, help you avoid common pitfalls, secure your investment, and ensure it aligns with your financial and personal objectives.
In Athens, investments are governed by national laws but are also subject to EU regulations. Investors enjoy equal treatment without any discrimination between domestic and foreign investments. The law provides various incentives and benefits for investments in certain sectors, and geographic areas, particularly those contributing to the economic development, environment, innovation, and job creation. Property rights are well monitored and protected in Greece, and intellectual property rights are upheld in accordance with EU and international law. Understanding these laws would be key to any potential investment, and professional legal advice should be sought for comprehensive guidance.
Yes. The Greek Foreign Capital Law permits and ensures the protection of foreign investments. Non-discrimation principle is essential, giving foreigners identical rights and obligations to those of Greek investors.
Depends on the investment sector. Some industries may require special permits or licenses, which a qualified lawyer can help you obtain.
There are various tax benefits outlined in the Greek Business Framework Law, some of which can be sector-specific or related to the economic impact of your investment.
If a dispute arises, Greece has a comprehensive legal system to resolve it. However, some investment agreements may have an arbitration clause for dispute resolution.
No, except for public needs officially recognized by the law, and a fair compensation, as determined by a court, is guaranteed.
The Hellenic Republic's Investment Promotion Agency, known as Enterprise Greece, is a helpful resource providing comprehensive information for potential investors. Also, publications by Greek Ministry of Development and Investments can provide sector-specific information.
If you need legal assistance in Investment in Athens, the first step is to consult a qualified and experienced lawyer who specializes in Greek Investment Law. They can provide comprehensive legal advice, help with paperwork and formalities, and ensure a smooth investment process. Always do your due diligence and research before proceeding with any investment.
