Greece
AI Agent Legal Status: partial · Autonomy: low
Legal Framework
Greece is subject to the EU AI Act and launched a National AI Strategy in 2024. The Hellenic Data Protection Authority enforces GDPR. Greece is still developing its broader technology regulatory framework.
Key Laws & Regulations
- ◆EU AI Act
- ◆GDPR
- ◆Law on Sociétés Anonymes
- ◆National AI Strategy 2024
Business Formation
IKE (Idiotiki Kefalaiouchiki Etaireia, private company) is the preferred startup entity with no minimum capital. Formation is available online through the GEMI business registry.
Tax Implications
Corporate tax rate is 22%. Greece offers tax incentives for R&D expenditure and has been expanding its startup support infrastructure.
Opportunities
Lower-cost base for AI development targeting EU markets. Government digital transformation agenda creates public sector demand. Emerging startup ecosystem in Athens.
Highlights
IKE entity with no minimum capital is accessible for startups. Lower operational costs compared to Western Europe. Growing government focus on digital transformation.
Risks & Challenges
EU AI Act compliance required. Developing technology ecosystem with limited venture capital. Bureaucratic challenges and economic volatility.