Table of Contents
XX
Greek Business Law
A Handbook for Businesses and Legal Practitioners
21.6. Obligations of the project company
............................................................................................. 147
21.7. Recent amendments
.............................................................................................................................. 148
21.8. Tax incentives for corporate restructurings
.............................................................................. 149
21.8.1. Key laws and incentives
........................................................................................................... 149
21.8.2. Selecting between laws 1297/1972 and 2166/1993
.................................................. 150
PART VII: FOREIGN TRADE AND INVESTMENT
22. Foreign Trade and Foreign Direct Investment
............................................................. 151
22.1. Duties in foreign trade
.......................................................................................................................... 151
22.2. Foreign investment and ownership restrictions
.................................................................... 151
22.3. Documentation formalities
................................................................................................................ 152
22.4. Government approvals
......................................................................................................................... 152
22.5. Restrictions on bringing in foreigners to work in Greece
and on importing equipment
.......................................................................................................... 152
22.6. Laws regarding the nationalisation or expropriation of project
companies and assets
........................................................................................................................... 153
22.7. Fiscal treatment of foreign investment
....................................................................................... 153
22.8. Government authorities regulating key sectors
.................................................................... 154
PART VIII: EMPLOYMENT
23. Employment
.............................................................................................................................................. 157
23.1. General principles
................................................................................................................................... 157
23.1.1. Forums for adjudicating employment disputes
........................................................... 157
23.1.2. National law and employees working for foreign companies
.............................. 157
23.1.3. National law and employees of national companies working
in another jurisdiction
............................................................................................................... 157
23.2. Hiring the employee
.............................................................................................................................. 158
23.2.1. Legal requirements as to the form of agreement
........................................................ 158
23.2.2. Mandatory requirements
........................................................................................................ 158
23.2.3. Flexible types of employment under Greek labour legislation
.............................. 163
23.2.4. Other Provisions
.......................................................................................................................... 164
23.3. Maintaining the employee relationship
..................................................................................... 165
23.3.1. Changes to the contract
.......................................................................................................... 165
23.3.2. Change in ownership of the business
................................................................................ 166
