The Greek tax authority is conducting extensive checks on businesses that have not connected their POS systems to cash registers and the IRIS payment system, imposing fines for non-compliance.
The Independent Authority for Public Revenue (AADE) in Greece has launched a rigorous inspection campaign targeting businesses that have failed to integrate their Point of Sale (POS) systems with cash registers and the IRIS immediate payment system. This initiative is a response to persistent non-compliance among certain enterprises that continue to evade the system and conceal their actual revenue through various means. Inspections are being conducted around the clock, highlighting the urgency of the matter as the deadline for compliance approaches.
Starting December 1, 2025, all businesses will be required to accept payments through the IRIS system, which allows transactions to be completed within seconds using QR codes or mobile banking, with data sent directly to the tax authorities. Furthermore, from January 15, 2026, the daily transaction limits for private transfers and payments to professionals will increase from €500 to €1,000. This shift aims to modernize payment processes and enhance tax compliance.
In addition to fines reaching up to €20,000 for non-compliance, penalties will also extend to companies that sell and support the related software. The stringent measures reflect Greece’s ongoing efforts to bolster tax collection and ensure a more transparent economic environment, particularly amid efforts to clamp down on tax evasion and bolster digital financial transactions.
