The Greek parliament is considering a draft law on incentives for business development through corporate transformations (reorganizations) and cooperation. The main incentive is an exemption from tax on 30% of the pre-tax profits of a new company resulting from a reorganization, provided that the following conditions are met:
- The average turnover in the last three years of all companies or sole proprietorships involved in the reorganization is at least 150% of the average turnover of the com…