Banking, Tax Law & Personal Wealth

At Tsamichas Law Firm, our dedicated financial and tax law practice provides comprehensive and strategic advice to individuals, families and businesses navigating the complexities of the globalized tax landscape. We are committed to ensuring compliance, optimizing your tax position, and mitigating potential risks across a wide range of tax matters.

Tax Law: 

• Tax Planning
• Greek Tax Residency and Special Tax Regimes: We advise foreign nationals and repatriating Greeks on transferring their tax residence to Greece and on the country’s preferential tax regimes, including the Non-Dom Investor Regime (Article 5A, EUR 100,000 flat tax), the 7% Foreign Pensioners Regime (Article 5B) and the 50% exemption for relocating employees and entrepreneurs (Article 5C). We handle eligibility assessment, the application and transfer of tax residence procedure, coordination with the tax authorities of the departure jurisdiction, and all ongoing annual compliance.
• Tax Compliance and Reporting: We provide comprehensive support with all aspects of tax compliance, including the preparation and filing of income tax returns, VAT/GST returns, payroll taxes, and other required tax filings for individuals, partnerships, and corporations. We ensure accuracy and timeliness to avoid penalties and interest.
• Corporate Tax: We offer specialized advice on corporate tax matters, including business structuring, tax implications of mergers and acquisitions, corporate reorganizations, and tax planning for small and medium-sized enterprises (SMEs) as well as large corporations.
• Individual Income Tax: We provide expert guidance on all aspects of individual income tax, including tax planning for employment income, self-employment income, investment income, and capital gains. We also assist with tax deductions, credits, and strategies for minimizing your personal income tax burden.
• Cross-Border Transactions: We advise on the tax dimension of cross-border transactions and structures, including the application of double taxation treaties, withholding taxes on dividends, interest and royalties, permanent establishment risk, EU tax directives, and the tax-efficient structuring of international investments, holding structures and cross-border reorganizations.
• Transfer Pricing: We assist multinational groups and Greek subsidiaries with all transfer pricing obligations, including the preparation of Greek transfer pricing documentation files and summary information tables, benchmarking studies, the drafting and review of intra-group agreements, advance pricing arrangements, and defence of transfer pricing positions before the tax authorities.
• Repatriation and Substantiation of Foreign Source Funds (Εισαγωγή και Νομιμοποίηση Κεφαλαίων Εξωτερικού): We assist individuals in lawfully importing funds from abroad and documenting their origin for Greek tax purposes, including coverage of deemed income presumptions (τεκμήρια), evidence of taxation abroad, banking source-of-funds requirements, and the correct treatment of foreign income, pensions, inheritances and asset sale proceeds transferred to Greece.
• Value Added Tax (VAT) and Goods and Services Tax (GST): We offer comprehensive advice on VAT and GST regulations, including registration requirements, invoicing rules, input tax recovery, and compliance with local VAT/GST legislation.
• Tax Audits and Disputes: In the event of a tax audit or dispute with tax authorities, our experienced team provides expert representation and guidance. We assist with preparing for audits, responding to inquiries, and navigating the tax dispute resolution process to achieve the best possible outcome.
• Tax Due Diligence: We conduct thorough tax due diligence for business transactions, such as mergers, acquisitions, and investments, to identify potential tax risks and liabilities, ensuring informed decision-making.
• Real Estate Tax: We provide advice on the tax implications of real estate transactions, including property transfer taxes, ownership taxes, and tax considerations for property development and investment.
• Inheritance and Gift Tax: We offer guidance on inheritance and gift tax planning to help individuals manage the tax implications of transferring assets to their loved ones.
• Tax Consulting: We provide proactive tax consulting services on a wide range of issues, keeping you informed of changes in tax laws and regulations and offering strategic advice to optimize your tax position.

Banking & Financial Regulation

Our team advises individuals, financial institutions, and corporate clients on a broad spectrum of banking and regulatory matters, including:

• Compliance with Greek and EU banking legislation
• Structuring of domestic and international financing transactions
• Bank regulatory compliance, AML/KYC obligations
• Advisory on digital banking, fintech, and cross-border payments
• Debt restructuring and enforcement of creditor rights
• Consumer finance and lending contracts

Personal Wealth & Asset Structuring

We provide discreet, strategic counsel to high-net-worth individuals and family offices, helping protect, grow, and transfer wealth effectively:

• Trusts and estate planning
• Private investment structuring
• International asset protection
• Tax residency and citizenship planning
• Family business governance
• Succession planning and dispute prevention