01activeSole proprietor
New tax resident — 50% income-tax exemption (Article 5C) + EFKA
Effective burden at €60k
13.5%
What you pay
- EFKA social insurance (self-employed, Class 1: pension + health) — fixed 250.53 per month (deductible from profit)
- 50% new-resident exemption (Article 5C) — 50% of profit (deductible from profit) (a deduction that lowers the tax base, not a payment)
- 03
Income tax (2026 scale, on the remaining 50%)
Progressive scale · base: annual profit
Annual profit · EUR Rate ≤ 10,000 9% 10,000–20,000 20% 20,000–30,000 26% Annual profit · EUR Rate 30,000–40,000 34% 40,000–60,000 39% > 60,000 44%
Eligibility
- Activities: it-services, consulting, liberal-professions
- Requires tax residency
- Limited to first 7 years
- For someone transferring their tax residence TO Greece who was NOT a Greek tax resident in 5 of the previous 6 years and commits to stay ≥2 years: 50% of Greek-source employment OR business income is exempt from income tax for 7 years (Article 5C). EFKA is still paid in full. Ideal for a relocating remote worker/freelancer — it roughly halves the income tax for the first seven years.
Net income examples
| Gross/year | Net/year | Burden |
|---|---|---|
| 30,000 EUR | 25,394 EUR | 15.4% |
| 60,000 EUR | 51,884 EUR | 13.5% |
| 120,000 EUR | 100,880 EUR | 15.9% |
Computed by our open tax engine — assumes no deductible expenses, full-year tax residency. Rules as of Jan 1, 2026.
Important context
Article 5C halves the income tax (50% of income exempt) for 7 years for qualifying new residents; EFKA is unaffected. Requires prior non-residence (5 of last 6 years) and a genuine relocation. Combined with Greece's digital-nomad visa this is one of the most attractive EU relocation deals for a mid-income freelancer, but it is time-limited — after year 7 the standard scheme (gr-freelancer-standard) applies. Same modeling caveats as the standard scheme.