Foreign firms increased by 7%

The fig of overseas companies that are based successful Greece but person a information complaint of much than 50% successful their stock superior from organization units based overseas showed a caller summation successful 2023.

According to information released by the Hellenic Statistical Authority (ELSTAT) connected Thursday, the fig of these companies reached 5,485 successful 2023, from 5,120 successful 2022, signaling an summation of 7.1%. It is noted that successful '22 the fig of overseas companies successful Greece had accrued by 11.9% compared to 2021.

Of course, a important fig of overseas companies are fundamentally companies of Greek interests with a large shareholder, oregon a firm structure that chooses to person its office successful Cyprus chiefly for tax reasons oregon some different European countries with a favorable tax regime, such arsenic the Netherlands oregon Luxembourg. 

ELSTAT information amusement that the 5 main countries (in terms of the fig of enterprises) successful which the ultimate controlling organization units are based are Cyprus with a percent of 44.7% (2,451 enterprises), the United Kingdom with 7.2% (397 enterprises), Luxembourg with 6.1% (334 enterprises), Germany with 5.4% (298 enterprises) and the Netherlands with 5.4% (296 enterprises).

Although overseas enterprises represent lone 0.6% of the total fig of companies successful Greece, they marque a important publication to employment, accumulation value and investment. Those employed successful them correspond to 8.2% of each those employed successful enterprises successful Greece, while their turnover corresponds to 18.8% of the total turnover of enterprises and gross investments successful tangible goods to 20.4% of the total gross investments of each enterprises.

The 2023 information amusement that the total turnover of overseas affiliated enterprises reached 79 cardinal euros, up 2.2% connected 2022. Their accumulation value and gross value-added amounted to €49.7 and €18.4 billion, respectively. 

Foreign enterprises spent €62.6 cardinal connected purchases of goods and services successful the discourse of their enactment successful 2023, of which €31.4 cardinal acrophobic goods and services for the intent of reselling them successful the information successful which they were received, without processing.