DoubleTaxationTaxes on salary: Greece preliminary data
How much income tax and social contributions are paid on a salary in Greece, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | €60,001 |
|---|---|
| Income tax | €13,572 |
| Employee contributions | €8,022 |
| Take-home pay | €38,407 |
| Employer contributions and payroll taxes | €13,074 |
| Employer's labour cost | €73,075 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 | €60,000 | €120,000 |
|---|---|---|---|
| Company | €6,993 25.9 % | €13,986 25.9 % | €27,972 25.9 % |
Special tax regimes
Άρθρο 5Γ ΚΦΕ — 50% exemption for new tax residents (employment and business income)
For people relocating
Who: Individuals transferring tax residence to Greece who were not Greek tax residents in 5 of the 6 prior years, coming from an EU/EEA state or a state with a tax treaty/administrative cooperation with Greece, working in Greece as employees or sole proprietors and declaring that they will stay at least 2 years.
50% of income from employment and/or individual business activity earned in Greece exempt from income tax for 7 tax years; the deemed (objective) living expenses for residences and private cars are also exempt for those years.
Legal basis: Law 4172/2013 (Income Tax Code) art. 5C, as amended by L. 5222/2025 art. 206
Άρθρο 5Α ΚΦΕ — alternative (lump-sum) taxation of foreign income for investors
For investors
Who: Individuals not Greek tax resident in 7 of the 8 years before the transfer who invest at least EUR 500,000 in Greece (real estate, businesses, securities or shares of Greek entities) within 3 years of the application.
Lump-sum tax of EUR 100,000 a year on all foreign-source income, whatever its amount (EUR 20,000 a year for each included relative - spouse, ascendants, descendants), for up to 15 tax years; foreign assets are also exempt from gift/inheritance tax.
Legal basis: Law 4172/2013 (Income Tax Code) art. 5A
Άρθρο 5Β ΚΦΕ — flat tax on foreign income of pensioners moving to Greece
For pensioners · rate 7.0 %
Who: Recipients of foreign pensions transferring tax residence to Greece who were not Greek tax residents in 5 of the 6 prior years and come from a state with an administrative tax cooperation agreement with Greece.
Flat 7% tax on all foreign-source income instead of the progressive scale, for 15 tax years from the year after the application.
Legal basis: Law 4172/2013 (Income Tax Code) art. 5B
Tax residence
The tax residence check does not cover Greece yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 1.000012 EUR (ECB euro reference rate, 2026-01-02) ↗
Sources
- Ministry of National Economy and Finance — Introductory report to the 2026 State Budget (income tax scale reform, ch. 3)
- Ministry of National Economy and Finance — Tax expenditure report 2026 (employee tax credit, arts. 5A/5B/5C, dividend rate)
- OECD Tax Database — Social security contributions, employee and employer rates (2025)
- OECD Tax Database — Corporate income tax and dividend tax rates, 2026
- AADE (Independent Authority for Public Revenue) — Tax incentives for attracting new tax residents, arts. 5A, 5B, 5C Law 4172/2013 (12 Nov 2025)
Data checked: 2026-11-08. An indicative calculation for a typical case. Not tax advice.