
Personal Unlimited Partnership – (OE)
A personal unlimited partnership is an entity in which all the partners are fully responsible for the debts of the entity with their personal estate, without limitation.
These kinds of entities are normally used by small enterprises with low-risk exposure, having low costs, and being easy to handle. An article of association is necessary and is also established through a One-Stop Authority to the general commercial registry.
Personal partnership has no minimum capital requirement and is administered by one or more partners.
Personal Limited Partnership – (EE)
A Personal Limited Partnership is exactly the same as an unlimited partnership except for the liability of the limited partners, which is limited to their contributed capital. However, it is necessary to have at least one partner with unlimited liability. Limited liability partners are unable to be administrators.
Single Entrepreneurs /
Freelancer Professionals – (SE)
Entrepreneurs may operate in Greece individually as freelancers. Especially professionals such as lawyers, and brokers, etc. They can operate individually as a business, being fully liable for any and all debts and obligations which may occur.
