The Independent Authority of Public Revenue in Greece announced a temporary halt of Tax Registry applications from March 1 to 10 due to a transition to new European classification standards.
The Independent Authority of Public Revenue (AADE) in Greece has declared that the applications for the Tax Registry will be temporarily out of operation from March 1 to March 10. This interruption is necessitated by the migration to the new European classification system for economic activity codes (KAD). During this period, citizens and businesses will not be able to electronically submit applications related to business registrations, changes, or terminations.
The suspension is part of AADE's efforts to automate the adjustment of existing economic activity codes to ensure compliance with new European statistical standards. This transition aims to enhance the accuracy and reliability of data collected by tax authorities and improve the overall efficiency of the Tax Registry system. As such, the public has been advised that they will not be able to perform essential registry functions during this timeframe.
This announcement highlights the ongoing adjustments and reforms that the Greek tax authority is implementing to align with European standards, reflecting both an effort to modernize the tax system and to prepare for future regulatory requirements. The temporary shutdown may cause inconveniences for businesses needing to register or alter their information but is considered necessary for long-term compliance and efficiency improvements in the tax system.
