Since last week, AADE has already been carrying out audits on businesses with a turnover of more than €1 million. euros that did not proceed with the interconnection of POS (EFT) with their cash registers, nor scheduled an appointment within April. It is noted that in the context of these inspections, the first 5 fines of € 10,000 and € 20,000 have already been launched.  Within the next few days... Read more

Greece's digitalization initiative is paving the way for a more efficient and transparent tax system, liberating small businesses from the burdens of traditional bookkeeping. Under the so-called reducing bureaucracy with the new Tax Procedure Code initiative, the Press Office of the Ministry of National Economy and Finance announced a press release with certain tax changes to the mentioned Tax Pro... Read more

The myAADEapp, a new innovative application of the Independent Authority of Public Revenue for mobile devices, was presented to the public by the Governor of AADE. MyAADEapp offers AADE's digital services to citizens and businesses at any time, wherever they are, through their mobile phones, also acting as a tax agenda, informing them about their tax obligations, and allowing them to download and... Read more

On Friday, March 15, 2024, by the decision of the Governor of AADE, George Pitsilis, the Register of Technical Support Services was put into operation. FIM installation and support technicians should register on this platform for the scheduled appointments with businesses that are obliged to interconnect their cash systems with POS. The deadline for the declaration of scheduled appointments that... Read more

The Greek government has extended the deadline for businesses to declare their transition to the new, optional, all-in-one POS solutions to March 29, 2024. Further information is outlined below. It is noted by an AADE Press release that the deadline is postponed until March 29, 2024, for those businesses wishing to declare to the POS Registry that they are going to replace their cash register wit... Read more

The following announcement was issued by the Press Office of the Ministry of National Economy and Finance. The extension for 1+1 month was decided by the leadership of the Ministry of National Economy and Finance and AADE to complete without technical problems the major project of interconnecting POS with cash registers. Read more

The most frequently asked questions regarding the new obligation to use and connect POS card payment terminals in Greece are questions such as: Which entities are obliged to accept payment card payment instruments (use of POS-EFT) and instant payment services from account to account (e.g., IRIS payments)? More questions and answers are as follows. Which entities are obliged to accept payment ca... Read more

Without further delays, the project of interconnecting cash registers with POS card payment terminals is proceeding until February 29, 2024. From the competent bodies, the businesses are reminded that February 29 is the deadline for the interconnection of cash registers with POS after the extension given by one month by a joint decision of the Minister of Development, Mr. Kostas Skrekas, and the... Read more

In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more

The Greek Tax Agency has issued Circular No. E.2005 clarifying when the usage of the reduced VAT rate for catering services and non-alcoholic beverages is applied and when the regular, i.e., standard VAT rate is applied when it comes to the mentioned services and products. In short, different VAT rates (24% and 13%) apply to non-alcoholic beverages depending on whether they are for on-site consum... Read more

Those who have not installed POS by March 1st or have not enabled instant payment acceptance will be fined €1,500. To avoid delays, a special working group has been set up to monitor the implementation of the project "Interconnection of Electronic Cash Registers with POS Systems and with AADE.". It is noted that almost all categories of professional sectors in the retail market now have to accept... Read more

The Ministry of National Economy and Finance states in an absolute way that no new extension will be given and the interconnection of cash registers with POS, which is one of the challenges of 2024 for the financial staff, will be completed within the first months of the year. The current timetable foresees that the interconnection procedures should be completed by February 29, 2024, and by March... Read more

The Greek tax administration (AADE) intends to launch sweeping audits of businesses based on the average turnover per sector and what self-employed professionals and businesses have declared on the myDATA electronic platform. According to information, AADE now has in its hands qualitative data from those declared on the electronic platform and, at the same time, average figures per sector. Based... Read more

The Greek government is currently in the process of a big project to connect the cash registers and tax mechanisms with the card readers (POS-EFT) and the electronic systems of the Independent Authority for Public Revenue (AADE). This project aims to enhance the transparency of transactions and the fight against tax evasion, emphasizing modern ways of payment as well as keeping up with the transac... Read more

The obligation to accept card payments is extended, according to a Joint Ministerial Decision signed by the Ministries of Development and Finance. Professionals will be required to accept both card payments and instant payment services. In another 35 sectors of the Greek economy, the obligation to accept card payments (debit or credit) is extended, according to a Joint Ministerial Decision signed... Read more

Let us begin by defining Appondixi. Appodixi is an app that lets customers in Greece scan and report receipts that do not comply with the tax laws in Greece. This app has been upgraded to a new Appodixi app that aims to reduce tax evasion in Greece by rewarding citizens who report illegal receipts issued by businesses that do not pay taxes. The app was developed by the Independent Authority for P... Read more