Based on the actual regulations, specific requirements for Restaurant Fiscal Devices, also known as Restaurant FI-MAS, Restaurant FTM, or ADIME Restaurant in Greece, entail the following main requirements... Read more

The obligation of Taxis to post a special sign, with which customers are informed of the obligation to accept card payments and its form, is determined by a decision of the Deputy Minister of National Economy and Finance, following the proposal of the Governor of the Independent Public Revenue Authority, G. Pitsilis. According to the decision, it is a special sticker that is placed on the glass of... Read more

As online shopping continues to grow, the European Union is planning to implement new regulations to protect local e-commerce sellers. One significant change affects consumers who shop on international platforms like Temu or AliExpress. The EU has already taken some steps at the first sign of growing foreign e-commerce sellers, and since July 1, 2021, all goods entering the EU, regardless of their... Read more

A press release was published by the Greek Tax Authority (AADE) regarding further clarifications on interconnection requirements. The principle of "once interconnected, always interconnected" is strictly observed by businesses that replace their already interconnected systems, by the provisions of the A. 1116/2024 decision of the Governor of the Independent Authority of Public Revenue, Mr. Pitsil... Read more

One way to validate VAT numbers in the EU is the VAT Information Exchange System (VIES), which is a crucial tool for businesses operating within the European Union. Owned by the European Commission, VIES is a search engine that retrieves data from national VAT databases to verify VAT numbers. Here’s a detailed look at how VIES works and its significance. How VIES Works When a search is made usi... Read more

New details have emerged regarding the requirement for businesses in Greece to display signs indicating they accept POS card payments. Taxis, vendors in markets, tourism businesses, and other specified industries must display a sign that includes a phone number for customer complaints. This initiative, inspired by EU Directive 2019/1151, aims to combat tax evasion. Businesses failing to comply w... Read more

A special sign that they accept payments with cards should be carried by several categories of businesses in Greece that are operating in sectors where high rates of tax evasion are recorded. Those who fail to have it will face a fine of 1,000 euros. A provision included in an amendment submitted to Parliament by the Ministry of National Economy and Finance provides that "the Minister of National... Read more