Greece
Despite its troubles through the Global Financial Crisis (GFC) and beyond, Greece is still a viable FDI location. Incoming FDI is mainly from EU member states (Germany, Luxembourg, the Netherlands, France, Italy and Belgium), and EU investments account 75-80% of total FDI. Hong Kong, Canada and the United States lead it’s non-EU investors, and FDI mainly goes to trade, information and communication, trade / maintenance, transport / storage, electricity and gas, and real estate. In 2020, Greece liberalised its electricity market and reformed its renewable energies licencing procedures, attracting considerable energy sector investment from Spain, France and China.
Post GFC, Greece undertook deep economic and work market reforms, and greatly improved its financial management, though it still suffers from a lack of consumer confidence and liquidity issues. High public debt also remains, along with bureaucracy, inefficiencies, and expensive regulations. It’s Ease of Doing Business ranking slipped seven places from 2019 to 2020, leaving it at 79/190.
Greece’s traditionally strong shipping/logistics sector and huge tourism market have both been hit by COVID-19, though the long-term prospects for both remain strong, and provide investment opportunities in upgrading / updating related infrastructure.
AUXADI can become your ideal investment partner in Greece. From our office, located in Greece, we offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
Greece
Despite its troubles through the Global Financial Crisis (GFC) and beyond, Greece is still a viable FDI location. Incoming FDI is mainly from EU member states (Germany, Luxembourg, the Netherlands, France, Italy and Belgium), and EU investments account 75-80% of total FDI. Hong Kong, Canada and the United States lead it’s non-EU investors, and FDI mainly goes to trade, information and communication, trade / maintenance, transport / storage, electricity and gas, and real estate. In 2020, Greece liberalised its electricity market and reformed its renewable energies licencing procedures, attracting considerable energy sector investment from Spain, France and China.
Post GFC, Greece undertook deep economic and work market reforms, and greatly improved its financial management, though it still suffers from a lack of consumer confidence and liquidity issues. High public debt also remains, along with bureaucracy, inefficiencies, and expensive regulations. It’s Ease of Doing Business ranking slipped seven places from 2019 to 2020, leaving it at 79/190.
Greece’s traditionally strong shipping/logistics sector and huge tourism market have both been hit by COVID-19, though the long-term prospects for both remain strong, and provide investment opportunities in upgrading / updating related infrastructure.
AUXADI can become your ideal investment partner in Greece. From our office, located in Greece, we offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
International Accounting, Tax and Payroll in 50 countries
Corporations
We can help you with your international expansion and we serve more than 600 clients across many different sections. We become an extension of your finance departments abroad and you can access the accounting information of all your international subsidiaries through a single portal, customised to meet your needs.
Funds
With nearly $7 billion of assets under management, we can take of the corporate management and SPV administration of your investment structures. Whether you’re creating a holding structure in Luxembourg or setting up a SPV in Europe and Latin America, we offer accounting, reporting, tax compliance and directorship solutions to help make your life easier.
Our services
Accounting
We provide corporate accounting administration for global corporations and investments with our unique MultiCountry IT platform.
Tax
We can help sort your international taxes. Our expert tax teams know all the details and will ensure you remain tax compliant.
Payroll
Our international payroll services remove the complexity but keep the confidentiality, using our unique IT system.
Cash management
Cash management is essential for every business – but monitoring and managing your cash flows can be time-consuming. Auxadi can help.
Consolidation and reporting
Our unique MultiCountry IT platform gathers the data from all your international entities, making consolidation and reporting stress-free.
Transfer pricing
We’re on hand to help with your transfer pricing – rely on our local knowledge and expertise.
Monitor and manage your international subsidiaries with our MultiCountry online platform
Access our online platform that provides you with a global and harmonized view of the accounting of your international subsidiaries, with drill down functionality to check support documentation, such as: invoices, outstanding creditors, approve payment orders, manage the payroll processing cycle and so much more. Request a demo to see how our technology can help you.
Get access to Auxadi corporate materials and technical guides to know more about us. You can see all our materials here.
Meet the team
Rima Yousfan
Senior VP, Head of International Corporations
