As from 18/10/2018 the Independent Authority for Public Revenue implements a new innovative legislation to serve Import and Export trade through Greek Ports. Under regime 07 (MINISTERIAL DECISION 1184/18), I.O.R. local or EU entities, having a Greek VAT No. or registering a fiscal VAT No. in Greece can set their goods in Free Circulation within EU and defer the VAT payment. Those goods may be kept either to AEO companies’ warehouses (under tax warehousing) or to third – party warehouses, under the condition that this party holds a license AEO-C and AEO-S (customs simplifications – safety and security). Also, domestic goods, that are supplied B2B can reverse the VAT payment so all local or EU entities acting as E.O.R. can perform export formalities without suffering VAT payment.
