Joint Ministerial Decision 46982/2025 sets the amount of administrative fines imposed on companies, sole proprietorships, branches and other legal forms for breaches of publicity and registration obligations in the General Commercial Registry (GEMI).
| Violation by article | Administrative sanction – fine |
| Article 4: Violations during the company formation procedure. | SA / European Company / Limited partnership (EE): €5,000 IKE, EPE, Cooperatives: €2,000 OE, EE, Joint venture, Shipping partnership (EOOS), Civil partnership (article 784 Civil Code): €500 |
| Article 5: Failure to register with GEMI. | GEMI Service of the General Secretariat of Commerce: €10,000 (each company) €6,000 (branch of a foreign company) GEMI Services of the Chambers: SA / European Company / EE: €2,000 IKE, EPE, Cooperatives: €1,200 OE, EE, Joint venture, EOOS, Civil partnership (article 784 Civil Code): €1,000 Branch of a foreign company: €1,200 |
| Article 6: Failure to state the company’s identifying details on company documents. | Fines from €100 to €500, depending on the type of legal entity. |
| Article 7: Late submission of an application. | Fines from €100 to €500, depending on the type of legal entity. |
| Article 8: Incorrect or incomplete data in automatic GEMI entries. | Fines from €200 to €2,000, depending on the type of legal entity. |
| Article 9: Failure to publish a mandatory GEMI entry. | Fines from €200 to €2,000, depending on the type of legal entity. |
| Article 10: Failure to publish financial statements (General Secretariat of Commerce). | Listed on the Athens Stock Exchange: €100,000 Medium: €50,000 Small: €25,000 Micro and branches: €10,000 *micro: fewer than 10 employees *small: fewer than 50 employees *medium: fewer than 250 employees |
| Article 10: Failure to publish financial statements (Chambers). | Large: €10,000 Medium: €5,000 Small: €2,500 Micro and branches: €1,000 |
| Article 11: Violation regarding the company name and/or trade name. | Fines from €200 to €2,000 depending on the type of legal entity. |
Points to watch
- Businesses must regularly monitor their GEMI electronic mailbox, as it is the main notification channel.
- Deadlines are strict: 20 days for Greek companies and 3 months for branches of foreign companies.
- From 2026 onwards, non-compliance does not only affect registration but also creates significant financial cost.
- The new sanctions act as a deterrent, making better coordination by management and strict observance of deadlines essential.
This article is for information purposes only and does not replace specialised professional advice.
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