With the term general partnership we mean the legal entity which consists of at least two natural (or legal) persons, the general members. The legal entity has its own VAT number and legal status. The natural persons participating in it bear full responsibility (jointly and severally liable with all their property) for possible obligations that may arise for the legal entity towards the state or third parties.

General partnerships are companies that keep haplographic books in accordance with the Greek Accounting Standards of Law 4308/2014 and are governed by the Greek tax legislation of Law 4172/2013.

In practice, the category to which general partnerships belong means that they are obliged to record in their accounting books only their income and expenses, without the obligation to account for receivables, liabilities and cash assets. Their accounts should be updated at the latest by the end of the month following the end of each quarter.

Their main tax obligations are the submission of quarterly VAT returns as well as the submission of an annual income tax return. Beyond that, and depending on the activity of each business, additional declaratory obligations may arise.

Cooperation with "OptimusTax" guarantees:

• Consistency: The timely and valid updating of the accounting books of the company, which is a prerequisite for the proper processing of its tax obligations.
• Prevention: The timely and correct information of the entrepreneur so that he can schedule the payments of the tax obligations of the business without problem.
• Information: The continuous updating of the entrepreneur on new tax developments in order to immediately adapt the business to them.
• Planning: The tax planning of the business for each new year, based on forecasts made in cooperation with the entrepreneur