ILN: Establishing A Business Entity: An International Guide

[ESTABLISHING A BUSINESS ENTITY IN GREECE] 229

become legal representatives of Greek business entities or purchase shares of Greek mutual funds etc. Indicatively some of the relevant visas are: i) a visa for shareholders or directors of a legal entity in a “ strategic investment ”; ii) a visa for the realization of an investment through the establishment of a business entity (for directors and/or shareholders) with a minimum value €500,000.00; iii) a visa for a shareholder who participate at least to 33% of the share capital of a Greek company and their share was acquired in the price of minimum €500,000.00 in cash or participate in a Greek listed company and the value of their shares are €500,000.00 iv) a visa for members of the BoD/ legal representatives/ directors of Greek companies or legal representatives of branches of foreign companies in Greece, which have commercial activity in Greece and their assets or their revenue in the last fiscal year was minimum €4,000,000.00; iv) a visa for investors in start-up companies , who contribute minimum €250,000.00 to the share capital of start-up companies or for the purchase of bonds in a bond loan issued by a start-up company.

ILN Corporate Group – Establishing a Business Entity Series

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