Accountancy in Greece

>> Audit Requirements in Greece

Requirements and thresholds

For Sociétés Anonymes that are listed or large or medium-sized and for certain other types of business such as banks, insurance companies, fund management companies etc, the annual financial statements must be audited by an independent certified auditor.

The thresholds for the appointment of an independent certified auditor are that a company meets two of the following  three criteria:

  • Total assets – over € 4.000.000
  • Revenue – over € 8.000.000 and
  • Average number of employees – over 50

All other companies (Sociétés Anonymes, partnerships (EPE) etc.) that do not meet the above may voluntarily appoint an independent certified auditor or two auditors that have a grade A accounting and tax professional license


Latest version updated 31st October 2017

Country Breakdown

10.7

Million

Population

Euro

Currency

$ 192.6

Trillion

GDP

131,957

km2