Greece Corporate Income Tax (CIT) Calculator
Calculate Greek Corporate Income Tax (Φόρος Εισοδήματος Νομικών Προσώπων) at the standard 22% flat rate, statutory 80% Corporate Advance Tax (Προκαταβολή Φόρου), 200% R&D super-deductions, and 5% dividend withholding tax.
Taxable Net Profit: €140,000.00 • Effective CIT Rate: 22.00%
Revenues, Deductions & Distributions
Total company billings registered in myDATA electronic books.
Operating expenses wholly and exclusively incurred for company business.
Certified scientific research expenses receive a 100% additional tax write-off.
Startups in their first 3 operational years pay only half advance tax.
Distributed profits subject to 5% flat withholding tax (WHT).
Greece offers one of the lowest dividend withholding tax rates in the EU at a flat 5%, with corporate profits taxed at 22%.
Corporate Tax & Dividend Ledger
Advance Tax Offset Mechanism
Corporate advance tax paid in the current year is fully credited against the following year's actual corporate tax liability on the official AADE N-Form tax return.
Greece CIT vs Southern European Corporate Tax Rates
Comparative analysis of headline corporate income tax, advance tax obligations, and dividend withholding rates.
| Country & Code | Headline CIT Rate | Advance Tax Rate | Dividend WHT | R&D Incentive |
|---|---|---|---|---|
| Greece (Law 4172/2013) | 22.0% | 80% (40% for Startups) | 5.0% | 200% Super-Deduction |
| Italy (IRES + IRAP) | 24.0% + 3.9% IRAP | 100% Acconto | 26.0% | Patent Box / Tax Credit |
| Spain (IS Impuesto Sociedades) | 25.0% (15% Startups) | 18% Payments x 3 | 19.0% | Patent Box 60% |
| Cyprus | 12.5% | Temporary Tax x 2 | 0.0% Non-Res | IP Box 80% Exemption |
Statutory Framework of Greek Corporate Income Tax
Corporate tax compliance in Greece is governed by the Greek Income Tax Code (Law 4172/2013):
1. 22% Competitive Flat CIT
Taxable profits are charged at 22%, matching or beating major Western European corporate tax systems.
2. 200% R&D Incentive
Eligible research and technological development costs enjoy an extra 100% deduction, halving real innovation tax overheads.
3. 5% Dividend WHT
Shareholders benefit from a 5% withholding tax rate on dividends, exhausting all domestic tax obligations on distributed profits.
Frequently Asked Questions (FAQ)
What is the corporate income tax rate in Greece?
The corporate income tax (CIT) rate in Greece is a flat 22% on taxable profits for legal entities (SA, IKE, EPE, OE, EE) under the Greek Income Tax Code (Law 4172/2013).
What is Corporate Advance Tax (Προκαταβολή φόρου) in Greece?
Corporate advance tax is assessed at 80% of the current year's CIT for established companies. New legal entities in their first three operational years benefit from a 50% discount (assessed at 40% instead of 80%).
What is the 200% R&D Super-Deduction in Greece?
Qualifying scientific and technological research & development (R&D) expenses can be deducted at 200% (an extra 100% deduction on top of actual cost), substantially lowering the taxable corporate income base.
What is the dividend withholding tax rate in Greece?
Dividends distributed by Greek legal entities to individual shareholders are subject to a flat 5% withholding tax, which exhausts all personal tax liability on that dividend income.
Can Greek companies carry forward tax losses?
Yes. Business tax losses may be carried forward and offset against taxable profits for up to five (5) consecutive subsequent tax years.
Engr. Muhammad Shahzad
Verified Compliance AuthorPrincipal Civil & Systems Software Engineer specializing in European corporate taxation modeling, AADE electronic compliance (myDATA), and Greek Law 4172/2013 architecture.
📊 IAPR (AADE) & e-EFKA Social Security Statutory Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (EUR) |
|---|---|
| Primary Net / Statutory Payable Amount | 0.00 € |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Hellenic Independent Authority for Public Revenue & EFKA Lead
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.