{"id":13565,"date":"2026-09-15T15:40:46","date_gmt":"2026-09-15T12:40:46","guid":{"rendered":"https:\/\/www.link.com.gr\/?p=13565"},"modified":"2026-09-15T16:14:26","modified_gmt":"2026-09-15T13:14:26","slug":"sole-proprietorship-taxation-greece-2026","status":"publish","type":"post","link":"https:\/\/www.link.com.gr\/en\/sole-proprietorship-taxation-greece-2026\/","title":{"rendered":"Taxation of Sole Proprietorships in Greece in 2026: What Applies and What Changes Following the Thessaloniki International Fair"},"content":{"rendered":"\t\t
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Sole proprietorship taxation in Greece<\/strong> is an important consideration for every self-employed professional and individual business owner. Whether you are planning to start a business or already operate as a sole proprietor, understanding how business profits are taxed, how the minimum presumptive income is calculated and which tax changes apply in 2026 is essential for effective financial planning.<\/p>

Sole proprietorship taxation in Greece in 2026<\/strong> includes significant changes to the income tax scale, while additional measures affecting the presumptive taxation system for self-employed professionals were announced at the 90th Thessaloniki International Fair (TIF) in September 2026.<\/a><\/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

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Income Tax Rates for 2026\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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From the 2026 tax year onwards, a revised income tax scale applies to income from business activity.<\/p>
Taxable Income<\/th>No Children<\/th>1 Child<\/th>2 Children<\/th>3 Children<\/th>4 Children<\/th><\/tr><\/thead>
\u20ac0 \u2013 \u20ac10,000<\/td>9%<\/td>9%<\/td>9%<\/td>9%<\/td>0%<\/td><\/tr>
\u20ac10,000.01 \u2013 \u20ac20,000<\/td>20%<\/td>18%<\/td>16%<\/td>9%<\/td>0%<\/td><\/tr>
\u20ac20,000.01 \u2013 \u20ac30,000<\/td>26%<\/td>24%<\/td>22%<\/td>20%<\/td>18%<\/td><\/tr>
\u20ac30,000.01 \u2013 \u20ac40,000<\/td>34%<\/td>34%<\/td>34%<\/td>34%<\/td>34%<\/td><\/tr>
\u20ac40,000.01 \u2013 \u20ac60,000<\/td>39%<\/td>39%<\/td>39%<\/td>39%<\/td>39%<\/td><\/tr>
Over \u20ac60,000<\/td>44%<\/td>44%<\/td>44%<\/td>44%<\/td>44%<\/td><\/tr><\/tbody><\/table>\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
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For taxpayers with more than four dependent children, an additional reduction is provided for the tax rate applicable to the \u20ac20,000\u2013\u20ac30,000 income bracket.<\/p>

More favourable tax treatment also applies to younger taxpayers from the 2026 tax year onwards.<\/p>

For taxpayers aged up to 25, the tax rates applicable to the first two income brackets, covering income of up to \u20ac20,000, are reduced to zero.<\/p>

For taxpayers aged 26 to 30, the tax rate applicable to the portion of income between \u20ac10,000 and \u20ac20,000 is reduced to 9%.<\/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

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Sole Proprietorship Taxation in Greece: How Is Tax Calculated?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Profits from business activity are taxed from the first euro in accordance with the applicable income tax scale, including any reduced rates available depending on the taxpayer\u2019s age and number of dependent children.<\/p>

At the same time, individuals carrying out business activities may also be subject to the minimum presumptive income regime<\/strong> where their declared taxable income is lower than the amount determined under the relevant tax provisions.<\/p>

This system should not be confused with the general rules on deemed living expenses relating, for example, to residential property or vehicles. It specifically concerns the determination of a minimum taxable income arising from individual business activity.<\/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

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Tax Incentive for Newly Established Sole Proprietorships\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Individuals within the first three years of carrying out business activity may benefit from a 50% reduction in the tax rate applicable to the first income bracket, provided that their annual gross business income does not exceed \u20ac10,000.<\/p>

At the same time, the minimum presumptive income rules do not apply during the first three years<\/strong> following the commencement of the taxpayer\u2019s first business activity.<\/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

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Income Tax Prepayment\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Sole proprietorships and self-employed professionals are required to pay, in addition to their income tax liability, an advance payment of income tax<\/strong> against the following tax year.<\/p>

For the 2026 tax year, the advance tax payment remains at 55%<\/strong> of the income tax arising from business activity.<\/p>

At the 2026 Thessaloniki International Fair, a further reduction of the advance income tax payment from 55% to 50% as of the 2027 tax year<\/strong> was announced.<\/p>

If enacted as announced, the change will therefore be reflected in tax returns filed in 2028.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Presumptive Taxation of Sole Proprietorships: What Applies in 2026?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Income from individual business activity is currently subject to a system establishing a minimum presumptive net income<\/strong>, which may reach up to \u20ac50,000.<\/p>

The basic component used in the calculation is linked to the annual amount of the statutory minimum wage and increases depending on the number of years the business has been operating.<\/p>

Following the increase in the statutory minimum wage to \u20ac920 as of 1 April 2026<\/strong>, the corresponding annual reference amount used in official examples for the 2026 tax year stands at \u20ac12,880<\/strong>.<\/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

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When Does the Minimum Presumptive Income Apply?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The minimum presumptive income does not apply during the first three years following the initial commencement of business activity.<\/p>

During the fourth year, the relevant amount is reduced by two thirds.<\/p>

During the fifth year, it is reduced by one third.<\/p>

From the sixth year onwards, the full base amount applies, together with any additional adjustments provided for under the tax legislation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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How Is the Minimum Presumptive Income Currently Calculated?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Under the current system, the minimum taxable income is determined on the basis of three main factors:<\/p>