{"id":13271,"date":"2026-08-03T15:51:41","date_gmt":"2026-08-03T12:51:41","guid":{"rendered":"https:\/\/www.link.com.gr\/?p=13271"},"modified":"2026-08-03T15:55:36","modified_gmt":"2026-08-03T12:55:36","slug":"aade-fim-penalties","status":"publish","type":"post","link":"https:\/\/www.link.com.gr\/en\/aade-fim-penalties\/","title":{"rendered":"Fiscal Electronic Mechanisms (FIM): AADE Clarifies Penalties and Business Obligations"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13271\" class=\"elementor elementor-13271\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-02c0c72 e-flex e-con-boxed e-con e-parent\" data-id=\"02c0c72\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0df9be7 elementor-widget elementor-widget-heading\" data-id=\"0df9be7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">AADE Issues New Clarifications on FIM Penalties and Compliance Requirements\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a0da1a5 e-flex e-con-boxed e-con e-parent\" data-id=\"a0da1a5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3506481 elementor-widget elementor-widget-text-editor\" data-id=\"3506481\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"405\" data-end=\"583\">Businesses using <a href=\"https:\/\/en.parapolitika.gr\/economy\/263844\/aade-clarifies-fines-for-fiscal-electronic-mechanisms-when-they-apply-and-when-they-expire\/\" target=\"_blank\" rel=\"noopener\"><strong data-start=\"422\" data-end=\"460\">Fiscal Electronic Mechanisms (FIM)<\/strong><\/a> must ensure full compliance with their tax obligations to avoid administrative penalties and facilitate future tax audits.<\/p>\n<p data-start=\"585\" data-end=\"797\">The <strong data-start=\"589\" data-end=\"640\">Independent Authority for Public Revenue (AADE)<\/strong> has issued <strong data-start=\"652\" data-end=\"676\">Circular E.2044\/2026<\/strong>, providing important clarifications regarding the existing penalty framework applicable to Fiscal Electronic Mechanisms.<\/p>\n<p data-start=\"799\" data-end=\"920\">The Circular <strong data-start=\"812\" data-end=\"848\">does not introduce new penalties<\/strong>. Instead, it clarifies the current legislative framework by specifying:<\/p>\n<ul data-start=\"922\" data-end=\"1142\">\n<li data-section-id=\"p9rabr\" data-start=\"922\" data-end=\"981\">When each violation is considered to have been committed,<\/li>\n<li data-section-id=\"16m6xvw\" data-start=\"982\" data-end=\"1021\">Which administrative penalty applies,<\/li>\n<li data-section-id=\"l7h757\" data-start=\"1022\" data-end=\"1142\">When the Tax Administration&#8217;s right to impose penalties becomes time-barred.<\/li>\n<\/ul>\n<p data-start=\"1144\" data-end=\"1405\">These clarifications are particularly important for businesses and tax authorities alike, as they reduce inconsistent interpretations that had developed in practice and promote a more uniform application of tax legislation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5c4c903 e-flex e-con-boxed e-con e-parent\" data-id=\"5c4c903\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6651a2b elementor-widget elementor-widget-heading\" data-id=\"6651a2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Does the New AADE Circular Cover?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d7bacb8 e-flex e-con-boxed e-con e-parent\" data-id=\"d7bacb8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-592f05d elementor-widget elementor-widget-text-editor\" data-id=\"592f05d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"1454\" data-end=\"1644\">Circular <strong data-start=\"1463\" data-end=\"1478\">E.2044\/2026<\/strong> focuses on the obligations of businesses using Fiscal Electronic Mechanisms and clarifies the administrative penalties related to specific tax compliance violations.<\/p>\n<p data-start=\"1646\" data-end=\"1675\">The Circular mainly concerns:<\/p>\n<ul data-start=\"1677\" data-end=\"2074\">\n<li data-section-id=\"1orx4hg\" data-start=\"1677\" data-end=\"1803\">Failure to submit a declaration regarding the acquisition, modification or discontinuation of a Fiscal Electronic Mechanism.<\/li>\n<li data-section-id=\"5mk1pe\" data-start=\"1804\" data-end=\"1851\">Late submission of the relevant declarations.<\/li>\n<li data-section-id=\"1q3arey\" data-start=\"1852\" data-end=\"1904\">Failure to retain the Fiscal Electronic Mechanism.<\/li>\n<li data-section-id=\"1xhbgdj\" data-start=\"1905\" data-end=\"1945\">Failure to preserve the fiscal memory.<\/li>\n<li data-section-id=\"wasz96\" data-start=\"1946\" data-end=\"2074\">Failure to maintain the electronic records generated by the Fiscal Electronic Mechanism.<\/li>\n<\/ul>\n<p data-start=\"2076\" data-end=\"2344\">In addition, the Circular clearly defines the time at which each violation is considered to have occurred, a factor that directly affects both the applicable administrative penalty and the limitation period for imposing sanctions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1f40577 e-flex e-con-boxed e-con e-parent\" data-id=\"1f40577\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-da00a29 elementor-widget elementor-widget-heading\" data-id=\"da00a29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Business Obligations Regarding Fiscal Electronic Mechanisms<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-367bf3c e-flex e-con-boxed e-con e-parent\" data-id=\"367bf3c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d60cad7 elementor-widget elementor-widget-text-editor\" data-id=\"d60cad7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"2414\" data-end=\"2585\">Businesses using Fiscal Electronic Mechanisms are required to comply with several obligations throughout the lifecycle of the device and even after it is no longer in use.<\/p>\n<p data-start=\"2587\" data-end=\"2707\">Proper compliance is essential not only for meeting legal requirements but also for ensuring a smooth tax audit process.<\/p>\n<p data-start=\"2709\" data-end=\"2744\">Businesses should ensure that they:<\/p>\n<ul data-start=\"2746\" data-end=\"3096\">\n<li data-section-id=\"1wkp31l\" data-start=\"2746\" data-end=\"2868\">Submit declarations regarding the acquisition, modification or discontinuation of a Fiscal Electronic Mechanism on time.<\/li>\n<li data-section-id=\"we9kkb\" data-start=\"2869\" data-end=\"2918\">Update the tax registry whenever changes occur.<\/li>\n<li data-section-id=\"1dp5l5o\" data-start=\"2919\" data-end=\"2984\">Keep all information submitted to AADE accurate and up to date.<\/li>\n<li data-section-id=\"qfdy9i\" data-start=\"2985\" data-end=\"3096\">Maintain all required records in accordance with Greek tax legislation.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f5843b6 e-flex e-con-boxed e-con e-parent\" data-id=\"f5843b6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dfbeee3 elementor-widget elementor-widget-heading\" data-id=\"dfbeee3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Obligation to Retain Fiscal Electronic Mechanisms<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-279afb6 e-flex e-con-boxed e-con e-parent\" data-id=\"279afb6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57f500c elementor-widget elementor-widget-text-editor\" data-id=\"57f500c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"3156\" data-end=\"3310\">One of the most important reminders included in the Circular concerns the obligation to retain the Fiscal Electronic Mechanism and all associated records.<\/p>\n<p data-start=\"3312\" data-end=\"3348\">Businesses are required to preserve:<\/p>\n<ul data-start=\"3350\" data-end=\"3498\">\n<li data-section-id=\"1agtyfr\" data-start=\"3350\" data-end=\"3391\">The Fiscal Electronic Mechanism itself,<\/li>\n<li data-section-id=\"1b8ytgu\" data-start=\"3392\" data-end=\"3412\">The fiscal memory,<\/li>\n<li data-section-id=\"1zs2ns\" data-start=\"3413\" data-end=\"3498\">All electronic files generated by the device.<\/li>\n<\/ul>\n<p data-start=\"3500\" data-end=\"3608\">Importantly, this obligation continues even after the Fiscal Electronic Mechanism is no longer in operation.<\/p>\n<p data-start=\"3610\" data-end=\"3799\">The retained records may be requested during future tax audits and therefore must be kept for the period required under the applicable tax legislation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-49799f4 e-flex e-con-boxed e-con e-parent\" data-id=\"49799f4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2428e18 elementor-widget elementor-widget-heading\" data-id=\"2428e18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Current Administrative Penalties\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68b41ba e-flex e-con-boxed e-con e-parent\" data-id=\"68b41ba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f85a17d elementor-widget elementor-widget-text-editor\" data-id=\"f85a17d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"3842\" data-end=\"4008\">The Circular provides a detailed presentation of the administrative penalties depending on the date the violation was committed.<\/p>\n<h5 data-section-id=\"ln9i4t\" data-start=\"4010\" data-end=\"4080\">Failure to Submit a Declaration (1 January 2011 \u2013 31 December 2013)<\/h5>\n<p data-start=\"4082\" data-end=\"4162\">For violations committed during this period, administrative penalties amount to:<\/p>\n<ul data-start=\"4164\" data-end=\"4285\">\n<li data-section-id=\"oqm5x0\" data-start=\"4164\" data-end=\"4235\">\u20ac600 (with the possibility of settlement at one-third of the amount).<\/li>\n<li data-section-id=\"1u3sa3a\" data-start=\"4236\" data-end=\"4285\">\u20ac900 (also subject to settlement at one-third).<\/li>\n<\/ul>\n<p data-start=\"4287\" data-end=\"4390\">The penalty is imposed <strong data-start=\"4310\" data-end=\"4352\">per Fiscal Electronic Mechanism (FIM).<\/strong><\/p>\n<hr data-start=\"4392\" data-end=\"4395\" \/>\n<h5 data-section-id=\"13dve8e\" data-start=\"4397\" data-end=\"4467\">Failure to Submit a Declaration (1 January 2014 \u2013 31 December 2015)<\/h5>\n<p data-start=\"4469\" data-end=\"4538\">For violations committed between 1 January 2014 and 31 December 2015:<\/p>\n<ul data-start=\"4540\" data-end=\"4553\">\n<li data-section-id=\"1e3v8z6\" data-start=\"4540\" data-end=\"4546\">\u20ac600<\/li>\n<li data-section-id=\"1e3vjul\" data-start=\"4547\" data-end=\"4553\">\u20ac900<\/li>\n<\/ul>\n<p data-start=\"4555\" data-end=\"4651\">The penalty applies <strong data-start=\"4575\" data-end=\"4611\">per Fiscal Electronic Mechanism.<\/strong><\/p>\n<hr data-start=\"4653\" data-end=\"4656\" \/>\n<h5 data-section-id=\"lvg7yw\" data-start=\"4658\" data-end=\"4729\">Failure to Submit a Declaration (1 January 2016 \u2013 15 September 2024)<\/h5>\n<p data-start=\"4731\" data-end=\"4806\">For violations committed during this period, the administrative penalty is:<\/p>\n<ul data-start=\"4808\" data-end=\"4891\">\n<li data-section-id=\"1065xm\" data-start=\"4808\" data-end=\"4891\"><strong data-start=\"4810\" data-end=\"4851\">\u20ac100 per Fiscal Electronic Mechanism.<\/strong><\/li>\n<\/ul>\n<hr data-start=\"4893\" data-end=\"4896\" \/>\n<h5 data-section-id=\"1qjyr4y\" data-start=\"4898\" data-end=\"4965\">Failure to Submit a Declaration (From 16 September 2024 Onwards)<\/h5>\n<p data-start=\"4967\" data-end=\"5057\">For violations committed on or after <strong data-start=\"5004\" data-end=\"5025\">16 September 2024<\/strong>, the administrative penalty is:<\/p>\n<ul data-start=\"5059\" data-end=\"5142\">\n<li data-section-id=\"pa36dq\" data-start=\"5059\" data-end=\"5142\"><strong data-start=\"5061\" data-end=\"5102\">\u20ac500 per Fiscal Electronic Mechanism.<\/strong><\/li>\n<\/ul>\n<hr data-start=\"5144\" data-end=\"5147\" \/>\n<h5 data-section-id=\"hoozvt\" data-start=\"5149\" data-end=\"5210\">Late Submission of a Declaration (Up to 15 September 2024)<\/h5>\n<p data-start=\"5212\" data-end=\"5301\">Where a declaration is submitted late up to 15 September 2024, the applicable penalty is:<\/p>\n<ul data-start=\"5303\" data-end=\"5437\">\n<li data-section-id=\"1nk1ht0\" data-start=\"5303\" data-end=\"5437\"><strong data-start=\"5305\" data-end=\"5329\">\u20ac100 per declaration<\/strong>, regardless of the number of Fiscal Electronic Mechanisms involved.<\/li>\n<\/ul>\n<hr data-start=\"5439\" data-end=\"5442\" \/>\n<h5 data-section-id=\"8w60wg\" data-start=\"5444\" data-end=\"5512\">Late Submission of a Declaration (From 16 September 2024 Onwards)<\/h5>\n<p data-start=\"5514\" data-end=\"5597\">For declarations submitted late from <strong data-start=\"5551\" data-end=\"5572\">16 September 2024<\/strong> onwards, the penalty is:<\/p>\n<ul data-start=\"5599\" data-end=\"5734\">\n<li data-section-id=\"1kr8a9s\" data-start=\"5599\" data-end=\"5734\"><strong data-start=\"5601\" data-end=\"5625\">\u20ac500 per declaration<\/strong>, irrespective of the number of Fiscal Electronic Mechanisms covered.<\/li>\n<\/ul>\n<hr data-start=\"5736\" data-end=\"5739\" \/>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7cd3c0e e-flex e-con-boxed e-con e-parent\" data-id=\"7cd3c0e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2767306 elementor-widget elementor-widget-heading\" data-id=\"2767306\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why Is the Date of the Violation So Important?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d046a2a e-flex e-con-boxed e-con e-parent\" data-id=\"d046a2a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-838dc2e elementor-widget elementor-widget-text-editor\" data-id=\"838dc2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"5791\" data-end=\"5941\">One of the most significant aspects of Circular E.2044\/2026 is the clarification of the exact date on which each violation is deemed to have occurred.<\/p>\n<p data-start=\"5943\" data-end=\"5979\">This determination directly affects:<\/p>\n<ul data-start=\"5981\" data-end=\"6166\">\n<li data-section-id=\"la1tt2\" data-start=\"5981\" data-end=\"6024\">The amount of the administrative penalty,<\/li>\n<li data-section-id=\"1glm2qx\" data-start=\"6025\" data-end=\"6066\">The beginning of the limitation period,<\/li>\n<li data-section-id=\"paipc\" data-start=\"6067\" data-end=\"6166\">The Tax Administration&#8217;s legal right to impose sanctions.<\/li>\n<\/ul>\n<p data-start=\"6168\" data-end=\"6330\">By providing a clear legal interpretation, the Circular reduces uncertainty and contributes to a more consistent application of tax legislation during tax audits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c2e18ba e-flex e-con-boxed e-con e-parent\" data-id=\"c2e18ba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b13272d elementor-widget elementor-widget-heading\" data-id=\"b13272d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Do These Clarifications Mean for Businesses?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b6d2b4f e-flex e-con-boxed e-con e-parent\" data-id=\"b6d2b4f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2e81670 elementor-widget elementor-widget-text-editor\" data-id=\"2e81670\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"6390\" data-end=\"6555\">Although the Circular does not introduce new penalties, it emphasizes the importance of complying with existing obligations relating to Fiscal Electronic Mechanisms.<\/p>\n<p data-start=\"6557\" data-end=\"6587\">Businesses should ensure that:<\/p>\n<ul data-start=\"6589\" data-end=\"6949\">\n<li data-section-id=\"1o817ng\" data-start=\"6589\" data-end=\"6639\">All required declarations are submitted on time,<\/li>\n<li data-section-id=\"1bedron\" data-start=\"6640\" data-end=\"6693\">The tax registry is updated whenever changes occur,<\/li>\n<li data-section-id=\"1vmz9ha\" data-start=\"6694\" data-end=\"6808\">Fiscal Electronic Mechanisms, fiscal memory and electronic records are retained for the legally required period,<\/li>\n<li data-section-id=\"1rcgp15\" data-start=\"6809\" data-end=\"6949\">Periodic checks are carried out to verify that all information submitted to AADE remains accurate.<\/li>\n<\/ul>\n<p data-start=\"6951\" data-end=\"7066\">Proper compliance significantly reduces the risk of administrative penalties and facilitates successful tax audits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f85b806 elementor-widget elementor-widget-heading\" data-id=\"f85b806\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions (FAQ)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82f92cd elementor-widget elementor-widget-text-editor\" data-id=\"82f92cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<h5 class=\"PDq2pG_selectionAnchorContainer\" data-section-id=\"2oscwi\" data-start=\"7109\" data-end=\"7177\">Does Circular E.2044\/2026 introduce new administrative penalties?<\/h5>\n<p data-start=\"7179\" data-end=\"7312\">No. The Circular clarifies the existing legal framework but does not introduce new penalties.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fe3ea63 e-flex e-con-boxed e-con e-parent\" data-id=\"fe3ea63\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1cef4ff elementor-widget elementor-widget-heading\" data-id=\"1cef4ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Which violations are covered?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e664bb2 e-flex e-con-boxed e-con e-parent\" data-id=\"e664bb2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-816d6a3 elementor-widget elementor-widget-text-editor\" data-id=\"816d6a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"7353\" data-end=\"7377\">The Circular applies to:<\/p>\n<ul data-start=\"7379\" data-end=\"7641\">\n<li data-section-id=\"1sp7pju\" data-start=\"7379\" data-end=\"7412\">Failure to submit declarations.<\/li>\n<li data-section-id=\"13olj9k\" data-start=\"7413\" data-end=\"7447\">Late submission of declarations.<\/li>\n<li data-section-id=\"rpv7uo\" data-start=\"7448\" data-end=\"7497\">Failure to retain Fiscal Electronic Mechanisms.<\/li>\n<li data-section-id=\"1uiok2m\" data-start=\"7498\" data-end=\"7534\">Failure to preserve fiscal memory.<\/li>\n<li data-section-id=\"1rky1bj\" data-start=\"7535\" data-end=\"7641\">Failure to retain electronic records generated by the mechanism.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a23b1e elementor-widget elementor-widget-heading\" data-id=\"1a23b1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why is the date of the violation important?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2fd83c elementor-widget elementor-widget-text-editor\" data-id=\"d2fd83c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"7696\" data-end=\"7710\">It determines:<\/p>\n<ul data-start=\"7712\" data-end=\"7891\">\n<li data-section-id=\"oghdbr\" data-start=\"7712\" data-end=\"7752\">The applicable administrative penalty,<\/li>\n<li data-section-id=\"ea6eab\" data-start=\"7753\" data-end=\"7797\">The commencement of the limitation period,<\/li>\n<li data-section-id=\"1csa79v\" data-start=\"7798\" data-end=\"7891\">The Tax Administration&#8217;s right to impose sanctions.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b562e36 elementor-widget elementor-widget-heading\" data-id=\"b562e36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Must businesses retain Fiscal Electronic Mechanisms after they are no longer in use?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb7f685 elementor-widget elementor-widget-text-editor\" data-id=\"bb7f685\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p>Yes. Businesses must continue to retain the Fiscal Electronic Mechanism, its fiscal memory and all related electronic files for the period required by law, as these records may be requested during future tax audits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0791e56 elementor-widget elementor-widget-heading\" data-id=\"0791e56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a9665c elementor-widget elementor-widget-text-editor\" data-id=\"7a9665c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"8263\" data-end=\"8424\">Circular <strong data-start=\"8272\" data-end=\"8287\">E.2044\/2026<\/strong> provides important legal clarification regarding the application of administrative penalties for <strong data-start=\"8385\" data-end=\"8423\">Fiscal Electronic Mechanisms (FIM)<\/strong>.<\/p>\n<p data-start=\"8426\" data-end=\"8710\">By defining when violations are considered to occur, clarifying limitation periods and reaffirming businesses&#8217; compliance obligations, the Circular contributes to greater legal certainty and a more consistent application of the tax legislation.<\/p>\n<p data-start=\"8712\" data-end=\"8977\">For businesses using Fiscal Electronic Mechanisms, timely submission of declarations, accurate maintenance of records and proper retention of Fiscal Electronic Mechanisms remain essential for avoiding administrative penalties and ensuring successful tax compliance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-beb5b49 elementor-widget elementor-widget-heading\" data-id=\"beb5b49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Link Consulting Is Here to Support You<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bd5371 elementor-widget elementor-widget-text-editor\" data-id=\"5bd5371\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\t\t<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"9022\" data-end=\"9258\">At <strong data-start=\"9025\" data-end=\"9049\">Link Consulting S.A.<\/strong>, we provide comprehensive tax advisory and compliance services to help businesses meet their obligations regarding <strong data-start=\"9165\" data-end=\"9203\">Fiscal Electronic Mechanisms (FIM)<\/strong> and remain fully compliant with Greek tax legislation.<\/p>\n<p data-start=\"9260\" data-end=\"9433\" data-is-last-node=\"\" data-is-only-node=\"\"><a href=\"https:\/\/www.link.com.gr\/en\/contact-us\/\"><strong data-start=\"6643\" data-end=\"6663\">Contact us today<\/strong><\/a> cause our experienced team can assist you in reviewing your compliance procedures, managing your tax obligations and preparing your business for future tax audits with confidence.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>AADE Issues New Clarifications on FIM Penalties and Compliance Requirements Businesses using Fiscal Electronic Mechanisms (FIM) must ensure full compliance [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":13273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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