First Tax Return In Greece: What You Must Know

The Greek tax year runs from January to December. Tax returns are usually submitted between April and mid-July for the previous year.

If you relocated to Greece during the year, your first tax return may be more complex than expected. To ensure your transition is handled correctly, TaxWise Greece provides professional support to help you navigate these initial filings, offering personalized guidance on all your accounting and tax needs, ensuring you are structured for success from day one.

Scenario 1: You Moved to Greece Before July

 

If you moved to Greece and stayed more than 183 days in the calendar year, you are generally considered a Greek tax resident.

As a Greek tax resident, you must declare:

• Income earned in Greece
• Foreign income earned during the same year

If you paid tax abroad and a Double Taxation Agreement exists, the foreign tax may be credited in Greece — but official documentation and translation are required.

 

If you stayed fewer than 183 days in Greece, you are generally considered a non-tax resident for that year.

Even if your Greek address appears in the system, technically you may not have worldwide income reporting obligations.

This must be handled correctly during filing.

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For more tips on the early stages of relocation, check out these common questions expats ask when moving to Greece.

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If You Are Under Article 5C as an Employee

Under Article 5C, 50% of qualifying employment income is exempt.

In many cases, payroll withholding does not immediately reflect the exemption, which may result in a tax refund after filing.

Refunds are paid only to a declared Greek IBAN.

For freelancers, tax is calculated annually.

Revenue – Expenses = Net Profit.

Under Article 5C:

• 50% of net profit is exempt
• 50% is taxed under normal brackets

Freelancers do not usually receive tax refunds due to Article 5C. They pay tax on the reduced base and the corresponding advance tax.

 

If you are married, your marital status must be declared with the Greek tax authorities.

It is not sufficient to declare it at the bank or immigration office.

To file jointly, you must submit:

• Official marriage certificate with Apostille and Official translation

Spouses may opt for separate filing at the beginning of each year, subject to deadlines.

 

Greek tax residents must spend at least 30% of their income electronically.

If this threshold is not met, additional tax may apply.

Using a Greek bank account ensures automatic reporting of transactions.

 

Yes, if you are considered a Greek tax resident for that calendar year.

Your residency depends on the 183-day rule and the exact relocation date.

Employees may receive refunds; freelancers generally do not.

They may count, but they are not automatically reported to Greek tax authorities.

The first year of residency in Greece is the most critical period for establishing your tax profile, and mistakes made early on can be difficult to correct later.

Schedule a confidential consultation with TaxWise Greece to ensure your first-year tax position is structured correctly and fully compliant with local regulations! Their highly capable team provides personalized guidance tailored to your unique financial footprint, helping you navigate everything from foreign income reporting to specialized expat tax regimes.