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ARTICLE · 30 APRIL 1996

Investment In Greece - Exporting To/From Greece

GreeceFinance and Banking
DUTIES

Controls over cross border trading have been significantly relaxed with Greece's entry into the EU. No import or export duties are levied on transactions between EU countries. Indeed, cross-border transactions between EU-residents are no longer considered imports/exports. On imports from non-EU countries, the Common External Customs Tariff of the EU is in effect.

When applicable, import duties are generally calculated on the CIF price plus all other expenses incidental to the sale and delivery of the goods to the point of entry into the customs territory of Greece. In some cases, products may be stored, repackaged, etc. in free zones without payment of any duties or taxes, including VAT. The rates of import duties vary with the classification of the goods imported.

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