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, the controls are expected to be extended to the rest of the businesses, regardless of turnover amounts.
Inspections in by AADE have started – what types of businesses do they affect in Greece?
Public
Greece
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
595
Content accuracy validation date:
19.04.2024
Content accuracy validation time:
08:02h
The AADE has already contacted 2,900 businesses with a turnover of less than €1 million. euros that did not comply with the timetables to determine whether the delay in interconnection procedures was due to force majeure or negligence.
At the same time, checks have begun on professionals and businesses of the 35 retail sectors (taxis, farmers' markets, kiosks, etc.), which are required to have POS installed and accept card transactions as of lately.
It is reminded that obliged businesses that have not interconnected their systems or scheduled appointments within April, face fines if they cannot justify that they did not do so for reasons of force majeure. In particular, a fine is foreseen
- of 10 000eur if a business maintains a simplified accounting system;
- of 20,000eur for a double entry obligatory.
These fines are halved for businesses established in settlements with a population of up to 500 inhabitants and on islands with a population of up to 3,100 inhabitants (excluding tourist ones). In the event of a repeat offense within five years, the fines will be doubled and for each subsequent infringement shall be tripled. Finally, a reminder that as of April 1st, 35 retail sectors are required to have POS installed and accept card transactions.
Other news from Greece
Greece is Introducing Partial Targeted VAT Reform
Greece
Author: Tara Nedeljković
Greece’s Law 5246/2025 introduces a targeted VAT reform focused on supporting low-population island regions, extending real estate VAT suspension rules, and removing certain levies. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Greece: Mandatory IRIS Instant Payments from December: All Businesses including B2C to Accept IRIS
Greece
Author: Tara Nedeljković
From December 1st, all B2C transactions must accept IRIS payments, with regulatory groundwork being finalized by the AADE. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Greek Authorities Announced One-Month Extension for Mandatory IRIS Payment Implementation
Greece
Author: Tara Nedeljković
Greece's government extended the IRIS payment system deadline to December 1, 2025, allowing businesses more time to prepare. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Businesses in Greece Will Be Required to Declare Vending Machines in the New Greek AADE Register
Greece
Author: Tara Nedeljković
The Greek Independent Authority for Public Revenue (AADE) has established the Register of Vending Machines, set to launch on November 14, 2025, requiring all operators to declare their machines for monitoring and tax compliance. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Greece sets Deadlines Beginning in 2026 for Mandatory E-Invoicing, starting with Large Companies
Greece
Author: Tara Nedeljković
Greece will introduce mandatory electronic invoicing in phases starting 2026, beginning on February 2, 2026, with large resident companies earning over €1 million annually, followed by all other taxpayers from October 1, 2026, and full adoption by 2027. Let’s explore this further. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Greece proceeds with digitalization: AADE’s tax records are becoming digital by mid-2026.
Public
Greece
Author: Tara Nedeljković
Greece
Author: Tara Nedeljković
Greece’s tax authority (AADE) will digitize all tax records by mid-2026, replacing paper archives with electronic systems under a €40.2 million EU-funded project. The reform aims to modernize tax administration, reduce bureaucracy, and provide faster, more efficient services for both employees and citizens, indirectly easing processes for businesses. The Independent Authority of Public Revenue (AA... Read more
Mandatory Electronic Transmission of Sales Performed on Vending Machines To AADE in Greece
Greece
Author: Tara Nedeljković
Greece’s Decision A.1111 mandates that all vending machines, except certain fuel dispensers, be equipped with integrated ADIME devices that record each sale and transmit the data electronically to the AADE. In order to find out more, please read the whole article. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login