Small businesses looking to operate—or expand—beyond national borders will benefit from a new VAT exemption framework for intra-EU transactions.

According to a decision by the head of Greece’s Independent Authority for Public Revenue (AADE), the special regime will apply to the sale of goods and provision of services starting Jan. 1, 2025.
Simplified Compliance

Under the exemption, eligible businesses will not be required to submit VAT returns and can issue simplified invoices, reducing overall administrative costs. However, they will not be able to deduct the VAT incurred on their purchases and expenses.

To qualify, a company’s total annual turnover across the European Union must not exceed 100,000 euros in both the current and previous calendar years. Sales within Greece must remain below 10,000 euros per year for the same periods. Maintaining these limits is essential to retain the exemption.

Eligible Businesses
The regime is available to companies established in other EU member states that have previously notified—or updated—their tax authorities in their home country of their intention to use the special regime in Greece.

Application Process
An EU-based business already benefiting from the small business exemption in its home country can request to apply the same regime in Greece through its local tax authority. The request is forwarded to AADE with detailed transaction data covering both EU-wide operations and activity specifically in Greece. The same process applies to businesses seeking to join the regime for the first time.