Anonymous Company

An anonymous company is a corporation with limited liability for each shareholder up to the amount contributed to the share capital by that shareholder. This company is similar to the French “Société Anonyme” and is typically used by the largest Corporations in Greece.

An establishment of an anonymous company is carried out by a Notary Public, who is operating as a One-Stop Authority. The Notary Public submits all necessary documents to the appropriate authorities and undertakes all requirements to deliver the company completed. The whole procedure takes only a few days.

After completing the registration process with the Commercial Registry, the company is established and ready to begin work.

An anonymous company needs only one person to act as a founding shareholder. It can have more shareholders if that’s desirable. The articles of association will be signed by the shareholders, which can be individuals or any kind of legal entities. The minimum amount for share capital is 24.000 euro, which will be deposited at the bank after the registration of the company.

The Board of Directors jointly oversee the activities of the company and must consist of at least three members who are elected by the shareholders at general assembly. The day-to-day management of an anonymous company is carried out by the Chief Executive Officer.