The formation of a General Partnership (O.E.) or a Limited Partnership (E.E.) in Greece is now a simple and fast process, thanks to the One-Stop Service (ΥΜΣ) and the electronic platform e-ΥΜΣ. Through this system, you can start your business activity immediately, without complex bureaucracy – even remotely.
One-Stop Service (ΥΜΣ) Options
To establish your company, you may choose one of the following One-Stop Services:
- Chambers of Commerce operating as One-Stop Services
• Business Service Centers (KEP) authorized as One-Stop Services
• Electronic One-Stop Service (e-ΥΜΣ) through the General Commercial Registry (G.E.MI.), which allows full online incorporation without physical presence
The e-ΥΜΣ is currently the fastest and most cost-efficient option.
Who Can Establish a General or Limited Partnership?
The founders must have:
- Legal capacity
• An active Greek Tax Identification Number (AFM)
• Residence permit, in case of non-EU citizens residing in Greece or participating as general partners
(Legal basis: Law 4251/2014)
Required Documents for Incorporation
To establish the company, the following are required:
- Articles of Association (original and duly signed)
o Signed via TAXISNET (electronic signature), or
o Qualified digital signature
(both have the same legal effect) - Tax Identification Numbers (AFM) of all founders
• Proof of payment of incorporation fees and duties
• Certificate of no insurance debt, where applicable
What the e-ΥΜΣ Does Automatically
The e-ΥΜΣ system electronically handles:
- Assignment of G.E.MI. number and Company Identification Code (KAK)
• Creation of the company’s electronic file in the registry
• Transmission of data to TAXIS and issuance of Tax ID for the company
• Provision of TAXISNET credentials for activation
• Registration with the competent Chamber of Commerce
• Notification to EFKA (social security authority)
• Issuance of digitally signed copies of the Articles and incorporation announcement
• Payment certificate for the Unified Incorporation Fee and, where applicable, the
Competition Committee fee
After Incorporation
- The partners register with EFKA, where required
• The company may open a business bank account
Completion Time
- e-ΥΜΣ: possibly within one day
• Physical ΥΜΣ (Chamber / KEP): within a few business days
Cost
Incorporation through the e-ΥΜΣ is approximately 70% more cost-effective than the physical procedure.
The platform includes a cost calculation tool available before starting the process.
Why You Need a Lawyer for Incorporating an O.E. or E.E.
Although the procedure has been simplified, proper legal guidance is essential.
A specialized lawyer:
✅ Drafts the Articles of Association safely, covering all special partner agreements
✅ Protects your rights and prevents future disputes
✅ Reviews the company’s legal and tax structure
✅ Provides guidance on EFKA, taxation, contributions, and partner liability
✅ Ensures that the incorporation is completed correctly and without legal gaps
In other words, the One-Stop Service opens the door – the lawyer ensures you enter it correctly.
Want to Establish a General or Limited Partnership? We’re Here to Assist.
At Karpouzis – Lianou & Associates Law Firm, we undertake the entire incorporation process, from drafting the Articles of Association to final registration with ΥΜΣ or e-ΥΜΣ, ensuring:
✔ Legal security
✔ Speed and efficiency
✔ Tax and social security guidance
✔ Protection of partners and the company from future risks
Contact us to guide you step-by-step and help you start your business activity with confidence and professionalism.
Karpouzis – Lianou & Associates Law Firm
Specialized legal support in corporate formation, commercial, and tax law.
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