Invoicing in Greece
In Greece, taxable individuals are generally obligated to issue VAT invoices for transactions made to other taxable entities and legal entities, encompassing exports and intra-community supplies. A VAT invoice is essential for justifying claims for input tax deduction or refunds under EU refund schemes.
Read all about invoicing in Greece in our comprehensive guide.
Full VAT invoice
Here is the underlying information an invoice must contain:
Full VAT invoice
- Supplier’s name, address, and VAT ID.
- Customer’s name and address.
- Date of issue and the date of the transaction.
- Detailed description of the goods’ quantity and type or the services’ nature and scope.
- Unit of measure and price per unit for each good or service.
- VAT amount breakdown by rate or exemption.
- Discounts or rebates applied.
- Any additional charges.
- Total payable amount, inclusive of VAT.
- For VAT-exempt supplies, a citation of the regulation that exempts these goods or services from VAT.
- If the VAT payment responsibility falls on the recipient, a note about the “reverse charge” method.
- References to specific tax regimes, if applicable.
- For transactions by foreign entities in Greece, the Greek VAT ID of the foreign entity.
- If a fiscal representative is liable for VAT, their details, including VAT ID, must be provided.
Selling in Greece?
Electronic Invoicing in Greece
Electronic Invoicing
Although electronic invoicing is not obligatory in Greece, as of October 1, 2021, it is required for business-to-government (B2G) transactions. Taxpayers who send electronic invoices to public entities must obtain pre-approval and undergo a system audit, or they can opt for an approved third-party invoice provider.
Last Updated: 21/03/2024
Disclaimer
The information provided by Global VAT Compliance B.V. on this webpage is intended for general informational purposes only. Global VAT Compliance B.V. is not responsible for the accuracy of the information on these pages, and cannot be held liable for claims or losses deriving from the use of this information. If you wish to receive VAT related information please contact our experts at support@gvc.tax
