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Employ Candidates Compliantly in Greece

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  1. Overview: Greece
  2. Global HR Compliance
  3. Global PEO and Payroll
  4. Work permit for hiring expats via PEO
  5. Convert Freelancers to Full-time Employees
  6. Expand without an Entity Set Up
  7. Global Payroll Calculator
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Global Employer of Record (EOR) in Greece

The Global Employer of Record (EOR) is a transformative service for companies seeking to hire globally without the complexities of establishing legal entities in each country. It offers a streamlined approach to international expansion by handling the intricate legal and administrative aspects of employing staff overseas. The key benefits include:

  • Rapid Global Hiring: Quickly employ pre-selected workers worldwide, avoiding the costs and risks associated with setting up local entities.
  • Local Law Compliance: Navigate the intricacies of local labour laws confidently, backed by the EOR’s extensive HR support and compliance expertise.
  • Simplified Administration: The Global EOR takes on critical responsibilities like payroll, taxation, and employment legality, enabling businesses to concentrate on their main goals.
  • Unified Management Platform: Unlike single-country EORs, the Global EOR allows for cohesive staff management across multiple countries.
  • Reduced Risk and Cost: Leverage the EOR’s knowledge of local employment practices to minimize legal risks and operational costs, particularly beneficial for companies exploring new markets or needing dynamic workforce strategies.
  • Strategic Expansion Partner: The Global EOR acts as a single point of contact for all foreign employment requirements, from labour law adherence to benefits administration, ensuring efficient and compliant operations in the global marketplace.

What Services Does Employer of Record (EOR) Provide?

Global Employer of Record (EOR) offers a streamlined solution for companies expanding internationally, handling complex employment laws and administrative tasks. It operates across multiple countries, providing a unified platform for managing international staff, unlike traditional single-country EORs. Global EORs handle legal employment responsibilities like payroll, tax, and compliance with local labour laws, allowing companies to focus on core objectives.

1. Recruitment

2. Global Mobility

3. Checks

4. Onboarding

5. Payroll Administration

6. Working Time & PTO Processing

7. Benefits Administration

8. Tax Administration & Reporting

Offboarding

Talent skilled in highly specialised areas Employee Work Visa and Work Permit sponsorship Health checks Employment Agreement drafting In-country registration with statutory bodies Working hours Mandatory Benefits Tax Reporting frequency and requirements; Employment agreement termination:
Executive search Dependent Visa Criminal record checks Compliant worker onboarding on your behalf Day-to-day payroll management Overtime Health insurance Employer taxes & contributions Dismissal – by the employer
Contingency workforce Visa extension Background checks Account setup in the payroll and HR system​ Monthly pay slips or other pay frequency Public holidays Workers’ compensation Employee taxes & contributions Resignation – by the employee
Application for a sponsor license for a foreign national Education checks Employee data entry and records maintenance Accruals Annual leave Unemployment insurance Withholding tax Termination by mutual agreement
Relocation assistance Managing probation periods Allowances Parental leave Voluntary Benefits Local tax payments and reporting to local authorities Notice period handling
13th and 14th salary Sick leave Share plans for executives End of financial year reporting Final settlement & severance payments
Additional leave Bonuses & Equipment provision De-registration with statutory bodies
Expenses reimbursement & business trip processing
Health insurance, dental treatment

Global Employer of Record (EOR) in Greece —  One-Stop Destination for Global Businesses

Managing the employment side of your business can be a full-time job in and of itself. There are many options to consider when it comes to finding help, from payroll companies, tax and immigration advisors to employee benefits brokers to human resource consultants.

One alternative to working with numerous vendors is partnering with a Global Employer of Record (EOR). International Employers of Record can manage all aspects of your business’s human resources, from benefits and payroll to unemployment management and safety training. This can free up your time so that you can focus on running your business.

A Global Employer of Record can provide a full suite of services to help you replace the following numerous vendors.

  1. Payroll Company
  2. Employee Benefits Broker
  3. HR Consultants
  4. Background Checks Vendors
  5. IP Attorney
  6. Tax Advisor
  7. Translation service
  8. Legal Advisor
  9. Immigration Advisor
  10. HR Compliance Advisor.
  11. Licensing Consultancy

Why You Should Look for an EOR for Your Business Expansion to Greece

1. Hiring a candidate for a new location

Today, businesses are looking for ways to save money and increase efficiency. One solution is the EOR model, which allows companies to hire the best talent regardless of location. By outsourcing work to an EOR, a business avoids establishing an entity and complies with global regulations. This makes it an ideal solution for companies that need to hire workers in multiple locations but do not have the internal resources or infrastructure to support them.

2. Test the New Market with a Global EOR without Making Long-term Investment in Greece

Stepping into a new market can be risky, both financially and reputationally. A Global Employer of Record (EOR) will take on the risk for you, making expanding your business into new markets easy and affordable.

An Employer of Record (EOR) is a legal entity that allows you to test a new market before incorporating. It also protects you from liability and other issues arising because you operate in a different state or country.

If you plan to expand your business into another state, you can use an EOR to test the waters first. Think of an EOR as a low-risk “try before buy”, allowing you to see if the new location is a good fit before incorporating. The process doesn’t require additional investment or paperwork on your part. You can also use an EOR to protect yourself from liability issues while testing out a new location or service offering.

3. A Global Employer of Record Is a Better Alternative for Entity Set Up in Greece

The Global Employer of Record offers a simple, low-cost solution for companies looking to expand their operations in a foreign country.

Companies can work with a local partner in their chosen country and utilize the services of an Employer of Record (EOR). This provides an alternative to setting up an entity or subsidiary, as it allows companies to sidestep the administrative and financial burdens involved in establishing a legal entity.

The EOR will be responsible for all tax obligations and regulatory compliance requirements on behalf of your company. The EOR engagement also allows you to avoid additional costs associated with hiring local staff and other expenses such as office space and equipment rentals.

Partnering with an Employer of Record, you will retain full control over your employees and business operations while benefitting from substantial cost savings and avoiding non-compliance risk. 

4. Avoid  Independent Contractor Non-compliance and Misclassification Risk

Employment and tax laws vary from country to country. You must comply with all local labour laws if you hire a worker directly. The penalties for non-compliance are steep and can include fines, imprisonment, and loss of your business license. In some countries, employers must pay payroll taxes for all employees, regardless of whether they work for the company in-house or remotely.

Labour and tax authorities in Greece can impose penalties for misclassifying employees as independent contractors, including fines and back taxes. You could risk violating employment and tax laws if you plan to grow your business by hiring independent contractors. A Global EOR can enhance compliance by hiring contractors on your behalf and following all local in-country labour requirements.

9 Key Employment Workstreams to Outsource to a Global Employer of Record in Greece

  1. Tax, employment, and labour law expertise and compliance across multiple jurisdictions
  2. Taxation and Social Security 
  3. Immigration policy framework and documentation 
  4. Global payroll, compensation, and benefits administration
  5. Communications and global employment management 
  6. Opportunities to outsource the HR function
  7. Leverage of payroll, compliance, and talent management technology 
  8. Global employment process maps, guides, and other supporting documentation 
  9. Employment contracts and onboarding documents.

Global EOR Solution in Greece: Employment Done Right and Fast

Express Global Employment helps customers tap into the local workforce without setting up a new office or bank account.  We will oversee employee onboarding, payroll, and compliance with local tax laws and regulations, freeing customers to focus on the employee’s day-to-day tasks.

All-In-One Global Employment Solution

Employing globally is no longer a maze of local setups and legal hurdles. With Express Global Employment, you can build a global team seamlessly. Benefit from our comprehensive, compliant, and efficient global employment solutions that eliminate the complexity of international hiring. From contract generation to seamless integration, we ensure that your expansion is as limitless as your ambition.

Global Mobility Support

Our global mobility support is about turning complexity into simplicity. We expedite onboarding and immigration procedures, ensuring your global talent is ready to engage and deliver results swiftly. By eliminating red tape and administrative burdens, your team can focus on what they do best, propelling your business forward in every corner of the globe.

Global Payroll & Benefits, Handled

Financial well-being is critical to employee satisfaction. That’s why we navigate the intricacies of international payroll and benefits with expertise. Our solutions offer your workforce a competitive and fully compliant financial package, wherever they may be. With Express Global Employment, you can assure your team that their compensation is globally competitive wherever they are.

Borderless Expansion, No Entity Needed

Launch your workforce in 190 countries without the burden of establishing local entities. Our all-in-one global employment solution allows quick, compliant onboarding and talent management. You can immediately scale up your operations and seize international opportunities with Express Global Employment as your guide.

New Markets. Zero Risks.

Expanding your business’s horizons should not multiply its risks. Protect your global ventures from compliance pitfalls with our expert guidance. We manage the complexities of employee classification and permanent establishment risks, ensuring that your expansion is secure and strategically sound. With us, new markets mean new opportunities, not new worries.

Global Payroll Calculator Helps You Streamline Global HR Operations

By creating the Global Payroll Calculator, we’ve done the global payroll and tax math and compliance for you.

  1. Eliminate the time-consuming and costly process of doing your manual calculations.
  2. Gain instant access to up-to-date salary cost breakdowns based on local tax laws and regulations and update in real-time with the latest employment and tax legislation changes across 190 countries.
  3. Stay compliant on all international payroll matters, including local taxes, labour rules, and benefits.
  4. Minimized the risk and global cost-of-hire.

Spotlight on Greece

  • Location: Southeast Europe, bordered by Albania, North Macedonia, Bulgaria, and Turkey to the north, the Aegean Sea to the east, the Mediterranean Sea to the south, and the Ionian Sea to the west.
  • Capital: Athens.
  • Official language: Greek.
  • Population: 10,420,925 (2023 estimate)
  • Labour force: 4.03 million (2022 estimate)
  • Minimum Statutory Salary:

    • Monthly: €780 (April 2023)
    • Annual: €9,360 (based on 12 monthly payments)

    Salary Currency: Euro (€)

  • Employees in Greece are typically entitled to the following additional annual payments:

    • Christmas Allowance: One month’s salary
    • Easter Allowance: One-half month’s salary
    • Vacation Allowance: One-half month’s salary
  • In addition to these allowances, employees may also be entitled to other benefits, such as:

    • Health insurance
    • Pension contributions
    • Paid time off

    The benefits an employee is entitled to will vary depending on their employer and collective bargaining agreement.

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