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Greece, with its dynamic economy and strategic location at the crossroads of Europe, Asia, and Africa, offers compelling opportunities for companies seeking global expansion.
However, entering the Greek market entails navigating a complex array of labor laws and tax regulations. An Employer of Record (EOR) in Greece can simplify this journey by serving as your local partner, ensuring seamless market entry and continuous compliance with all necessary legal requirements.
Greece’s strategic location at the junction of Europe, Asia, and Africa makes it an ideal hub for companies aiming to expand across multiple continents. An Employer of Record in Greece offers an efficient way to establish a foothold and coordinate regional operations, leveraging Greece’s strong logistics infrastructure, multilingual workforce, and close ties to major European markets.
The Greek economy is evolving rapidly, with growth in sectors like shipping, tourism, technology, renewable energy, and healthcare. An EOR allows businesses to adapt quickly to new opportunities without being weighed down by the complexities of legal entity formation. Whether you are testing a new product, setting up a project team, or building a full sales force, an EOR gives you the agility you need to move fast and compete effectively.
Expanding a team across borders can often involve complicated visa, work permit, and residency procedures. In Greece, these requirements can vary depending on employee nationality and role. An EOR streamlines this process, ensuring that your employees are correctly authorized to work, without risking fines or delays. This not only protects your business but also improves the employee experience by reducing bureaucratic friction.
Certain industries in Greece — such as tourism, agriculture, and construction — experience significant seasonal fluctuations in labor demand. An EOR makes it easy to hire and manage employees for short-term or seasonal roles without committing to long-term contracts or full entity registration. This flexibility allows businesses to respond dynamically to market needs while staying fully compliant with local labor regulations.
Greece offers access to a highly educated and skilled workforce, with strong language skills in English, French, German, and other European languages. Universities in Athens, Thessaloniki, and other major cities produce graduates in fields like engineering, finance, information technology, and maritime studies. An EOR helps you tap into this diverse talent pool quickly, enhancing your operational capabilities from the outset.
Every international expansion carries risks — from market unpredictability to unexpected regulatory hurdles. Working with an EOR minimizes these risks by ensuring your employment practices, tax filings, and employee benefits are all managed according to Greek law. This approach allows you to focus on seizing new market opportunities while maintaining a strong compliance posture.
Setting up a company in Greece involves registration costs, legal fees, accounting expenses, and ongoing administrative duties. With an EOR, you gain a predictable, consolidated cost structure that simplifies financial planning and cash flow management. This cost efficiency is particularly valuable for small-to-medium enterprises or companies testing their presence in new international markets.
Positive employee experiences contribute directly to a company’s reputation. By partnering with an EOR, businesses ensure smooth onboarding, accurate payroll, reliable benefits management, and culturally appropriate HR support. Satisfied employees are more likely to become brand ambassadors, helping you attract more top talent and solidify your presence in the Greek market.
Understanding cultural nuances, employment practices, and market expectations is essential for long-term success. An EOR provides more than administrative services — it offers strategic insights into how to operate successfully within Greece’s unique business environment. From understanding public holiday schedules to adapting communication styles, localized expertise can give your company a significant competitive edge.
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While establishing a subsidiary in Greece is an option, opting for an EOR provides several advantages:
The Advantage in Figures
PEO/EOR
Company Incorporation
Price
80% Less Expensive
Market Entry
2-5 Days
6 Months
Hassle-Free Market Entry
An EOR in Greece simplifies your market entry by effectively managing tax systems and labor laws, ensuring compliance from the beginning.
Reliable Compliance Expertise
The regulatory landscape in Greece can be complex, but EORs are skilled in keeping your business aligned with local tax laws, labor regulations, and social security standards.
Risk and Liability Minimization
As your legal employer in Greece, an EOR helps mitigate risks tied to employment laws, ensuring your business remains fully compliant and safeguarded.
Focus on Core Objectives
By outsourcing HR tasks such as recruitment, payroll processing, and tax management to an EOR in Greece, you can dedicate your energy to core business activities and strategic growth.
Cost-Effective Solutions
EOR services in Greece offer a cost-effective alternative to setting up a local subsidiary, especially for smaller teams or short-term projects, helping you avoid the financial burden of incorporation and continuous administrative tasks.
1
Partnering with an EOR in Greece, such as INS Global, starts with a thorough analysis of your business plans. This includes determining the number of employees, their roles, and your intended timeline for entering the Greek market.
The EOR customizes its services to fit your business needs, ensuring a streamlined market entry.
2
Whether establishing a new team in Greece or relocating existing staff, an EOR handles all necessary legal procedures. This includes processing visas, work permits, payroll, and contract management, ensuring compliance with Greek labor laws.
Acting as your legal employer in Greece, the EOR simplifies the complexities and costs associated with setting up a local entity.
3
Once your operations are underway in Greece, an EOR takes care of ongoing HR and payroll functions. This includes salary processing, managing employee benefits, and ensuring compliance with health insurance and social security contributions.
The EOR acts as the HR contact between you and your Greek team, addressing administrative tasks and employee concerns, allowing you to focus on business development.
Selecting the right EOR in Greece is essential for a smooth market entry. Consider these 5 important factors:
Check Our Greece Labor Law Guide
In Greece, contracts should be in Greek or English and must outline employment terms, including salary, benefits, working hours, termination clauses, and minimum wage requirements. An EOR in Greece ensures that your contracts comply with local labor legislation.
Probation periods in Greece usually last up to 6 months. An EOR can help establish probation periods that meet local legal requirements while providing a window to assess new employees.
Working Hours
The standard work week in Greece is generally 40 hours, with specific restrictions on overtime. EOR services assist in monitoring work hours and ensuring compliance with overtime regulations.
Paid Leave
Employees in Greece are entitled to various types of paid leave, including public holidays, annual leave, sick leave, and maternity leave. An EOR manages leave requests and ensures proper compensation according to Greek labor laws.
Severance Pay
Severance pay is required under certain conditions, such as termination without cause. An EOR provides guidance on severance pay practices to ensure compliance with Greek laws.
Contributions to health insurance and social security are made by both employers and employees. Your EOR handles these contributions through the payroll process.
Severance pay is required under certain conditions, such as termination without cause. An EOR provides guidance on severance pay practices to ensure compliance with Greek laws.
Managing these complexities internally can be daunting and time-consuming. Partnering with an EOR in Greece ensures that your business remains compliant with labor laws, protecting you from potential risks and allowing you to focus on expansion.
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faqs
An EOR provides a streamlined entry into the Greek market by managing compliance with local labor laws and tax regulations, allowing your business to quickly hire and operate without establishing a local entity.
Using an EOR can be faster and more cost-effective than setting up a subsidiary, allowing you to hire and manage staff without the overhead costs and complexities of a local setup.
An EOR ensures that employment contracts comply with Greek labor laws, clearly outlining salary, benefits, working hours, and termination conditions to protect your business from legal issues.
Yes, an EOR can manage visas and work permits for expatriates, ensuring compliance with Greek immigration laws and facilitating a smooth transition for international staff.
An EOR administers employee benefits in accordance with Greek regulations, covering health insurance, social security, and other entitlements, ensuring compliance and employee satisfaction.
An EOR provides support in resolving labor disputes, offering expertise in Greek employment laws to ensure that disputes are managed legally and effectively.
Yes, an EOR handles payroll processing, ensuring accurate payment of salaries, tax withholdings, and social contributions in line with Greek regulations.
An EOR ensures that employee terminations comply with Greek labor laws, providing guidance on notice periods and severance pay to minimize legal risks for your business.
A Global Employer of Record is an effective solutions for companies like yours that are looking to expand a workforce abroad effortlessly.
This approach allows you to outsource the international hiring process quickly and efficiency, providing access to a global talent pool while still managing payroll compliance in each country.
Level 39, Marina Bay Financial Centre Tower 2, 10 Marina Boulevard
Singapore 018983Public Holidays Calendar
Greece
Date | Day | Holiday | Notes |
1 January | Wednesday | New Year’s Day | Celebrates the start of the year and is also the feast day of Saint Basil. |
6 January | Monday | Epiphany | Commemorates the baptism of Jesus Christ; includes the blessing of waters. |
3 March | Monday | Clean Monday | Marks the beginning of Lent; celebrated with outdoor activities and vegetarian foods. |
25 March | Tuesday | Greek Independence Day | Commemorates the start of the Greek War of Independence in 1821; includes military and student parades. |
18 April | Friday | Orthodox Good Friday | Observes the crucifixion of Jesus Christ; marked by religious services. |
21 April | Monday | Orthodox Easter Monday | Celebrates the resurrection of Jesus Christ; a continuation of Easter festivities. |
1 May | Thursday | Labour Day | Honours the contributions of workers; includes parades and demonstrations. |
9 June | Monday | Orthodox Whit Monday | Celebrates the descent of the Holy Spirit upon the Apostles; observed with church services. |
15 August | Friday | Assumption of the Virgin Mary | Commemorates the assumption of the Virgin Mary’s body into heaven; widely celebrated with religious observances. |
28 October | Tuesday | Ochi Day | Marks Greece’s refusal to allow Axis forces entry in 1940; celebrated with national pride and military parades. |
25 December | Thursday | Christmas Day | Celebrates the birth of Jesus Christ; includes religious services and festive meals. |
26 December | Friday | Synaxis of the Mother of God | Honours the Virgin Mary; observed with church services and family gatherings. |
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