Employer of Record & PEO in Greece

Hire & manage teams remotely in Greece without a local entity. We handle HR compliance, payroll & taxes so you can focus on your business.

Native Language



$211.64 billion

Payroll Frequency


Capital city


GDP per capita





Euro (EUR)


UTC +2

English Speaking



10.33 Million

Employment Cost


Cost of Living


How NNRoad Employment & PEO Services Work?

NNRoad provides professional employment organization (PEO) & employer of record (EOR) services for companies looking to hire and manage teams in Greece. Registering a legal entity in Greece as a means for employment is an outdated practice that takes both time (months) and money (thousands of USD). NNRoad’s employer of record and PEO services enables companies to hire and manage employees in Greece in full accordance with local labor laws in under a week.

Employer of Record in Greece

Employer of Record (EOR) services are for companies who do not have a legal entity in Greece, but who want to hire in Greece. Employment and full liability are outsourced to NNRoad.

➊ You interviews & select the candidates you want to hire in Greece.
➋ NNRoad arranges a local labor contract with your new employee.
➌ NNRoad arranges a service contract between your organization & NNRoad.
➍ NNRoad organizes, manages & processes  payroll in Greece in full compliance with local employment laws.
➎ You maintain a normal working relationship and manage your team in Greece while NNRoad manages payroll & HR liabilities.

  • Engaging employees through local labor contracts including contract administration, engagement, extension termination and conversion to permanent hire and is working for and managed by the client. 
  • On-boarding and off-boarding employees following local labor law practice. 
  • Registration of employees with social security board and with tax office.  
  • Complete payroll solution and mandatory benefit administration. 
  • Payments of local taxes and local social contributions to the relevant authorities. 
  • Payment management, including invoicing customers/clients and salary payments. 
  • Support to manage the relationship with the employees. 
  • Handling of Expense Reimbursements. 
  • Legal support in case of a labor dispute.   

Payroll & PEO in Greece

Professional Employment Organization (PEO) services are for companies who have a legal entity in Greece, and want to outsource their payroll. Employment liabilities are shared between your organization and NNRoad.

➊ You interviews & select the candidates you want to hire in Greece.
➋ NNRoad organizes, manages and processes payroll for your local employees in full compliance with local employment laws.
➌ You maintain a normal working relationship and manage your team in Greece while NNRoad manages payroll & HR compliance.

  • Registering and de-registering the necessary company and personnel information for payroll calculation in compliance with local rules. 
  • Registering and deregistering all local employees with the social insurance, if required. 
  • Calculation of gross salary, salary deductions, such as withholding taxes, social insurances, unpaid leaves, etc., and net salary based on information provided by the Company including irregular payments such as overtimes hours, incentive/bonus, expense claims, etc. if applicable. 
  • Pro-rata calculation for people who join/resign. 
  • Minimum wage policy updates. 
  • Monthly issue of electronic pay-slips. 
  • Employee payroll data maintenance. 

Advantages of NNRoad's Greece Employment Services

  1. With EOR/PEO solutions you can manage client meetings, sales, quality control, marketing, R&D and customer support without a local company in Greece.
  2. Pay as you go
  3. ​​Dedicated account manager – One point of contact for multiple locations
  4. Employment & termination processing
  5. Complete payroll solution and statutory benefit according to local laws
  6. With EOR/PEO solutions you can hire staff while waiting for the registration of your company in Greece.
  7. NNRoad only works with professional locally licensed partners
  8. GDPR compliant
  9. NNRoad manages employee record timekeeping, bonus and allowance, expenses claims and personal leaves according to local law.
  10. NNRoad provides foreigner VISA application services, if needed

Employment Compliance in Greece

Taxes & Payroll in Greece

Employee Income Taxes:

Income tax depends on the source of the income (e.g. employment, rental) and is calculated as below.

Tax Brackets

9%: 0 – 10,000 EUR
22%: 10,000 – 20,000 EUR
28%: 20,000 – 30,000 EUR
36%: 30,000 – 40,000 EUR
44%: Over 40,000 EUR

Sample Calculation
Yearly income = 35,000 EUR
9% * 10,000 = 900
22% * 10,000 = 2,200
28% * 10,000 = 2,800
36% * 5,000 = 1,800
900+2200+2800+1800 = 7700

Yearly income tax = 7,700 EUR

Employer Costs in Greece

Employer Contributions:

13.33% – Pension fund
4.3% – Health care
0.25% – Health in benefit
3.25% – Supplementary insurance
1.41% – Additional contributions

Total employment cost:  22.54%

Employee Contributions:

6.67% – Pension fund
2.15% – Health care
0.40% – Health in benefit
3.25% – Supplementary insurance
1.65% – Additional contributions

Total employment cost: 14.12%

Working Hours and Overtime in Greece

An employee can work up to 40 hours per weekday which can be allocated to 5 days (i.e. 8 hours per day) or 6 days per week (i.e. 6 hours and 40 minutes per day), in accordance with the applicable law. The maximum daily working time is 12 hours (inclusive OT).  

Employment exceeding 45 hours per week for five business days or 48 hours a week for businesses with a six-day work system is considered overtime. Employees are permitted to work up to 3 hours daily beyond the normal working hours.  

Employees who work overtime are entitled to a 40% increased rate of pay for each hour of the work performed during overtime. 

Mandatory Contributions in Greece

Pension Fund

 In general, it consists of three parts:
  • Earnings-related primary pension;
  • Earnings-related supplementary pension;
  • Minimum pension benefits 

From 1 Jan 2022, Greek companies must enroll new hires in a mandatory individual defined contribution (DC) pension fund — the Hellenic Auxiliary Pensions Defined Contributions Fund (TEKA) — under measures aimed at improving pension sustainability and benefits.

Termination Laws and Severance Pay in Greece

For termination of a fixed-term contract, the employer is obliged to pay for the rest of the term. 

For terminating the indefinite contract, the employer needs to issue notice to the employee as per employees’ service years as follows:  

  • up to 12 months of employment – no notice; 
  • from one year to two years of employment – one month’s notice; 
  • from two full years to five years of employment – two months’ notice;
  • from five full years to 10 years of employment – three months’ notice;
  • more than 10 full years – four months’ notice.

Severance pay
In the case of an open-ended employment agreement terminated by the employer, the severance pay is calculated accordingly:

Employment period (years)Severance paySeverance Pay if employer does not comply with the period of notice 


1 month 

2 months 


1.5 months 

3 months 


2 months 

4 months 


2.5 months 

5 months 


3 months 

6 months 


3.5 months 

7 months 


4 months 

8 months 


4.5 months 

9 months 


5 months 

10 months 


5.5 months 

11 months 

16 and above 

6 months 

12 months 


Holidays in Greece

Public Holidays in Greece

  • New Year’s Day – January 1
  • Epiphany – January 6
  • Greek Independence Day – March 25
  • Orthodox Good Friday – April 22
  • Orthodox Easter – April 24-25
  • Protomagia – May 1
  • Orthodox Pentecost – June 12
  • Holy Spirit Monday – June 13
  • Dormition of the Virgin Mary – August 15
  • National Anniversary Day – October 28
  • Christmas Day – December 25
  • Synaxis of the Mother of God – December 26

Paid Leave in Greece

Employees on a five-day workweek are entitled to 20 days of leave, while employees working for six days a week receive 24 days. The leaves increase by one for each year that follows in addition to the first up to 22 days if the employee works a five-day week, 26 days for employees who work six days a week. 

Employment Contract in Greece

Employment Contract

Labor contracts may be divided into two categories:  

  1. Fixed-term contract: the total duration of a single fixed-term contract is 3 years and the number of renewals allowed within a 3-year period is 3 successive contracts;
  2. Full time employment contract: This contract is drawn for an indefinite period. 

Probation Period

Employment with an open-ended employment agreement is considered to be employed for a probationary period for the first 12 months from the date that it comes into force, which may be terminated without notice and without severance pay unless otherwise agreed by the parties.  

Types of Leaves in Greece

Sick Leave

The length of sick leave can vary and generally depends upon service and industry. Employees are generally paid 50% of their wages during the first three days of sick leave. However, from the 4th day of leave, employees are eligible to be paid for sick pay by the local social insurance.

Maternity and Paternity Leave

Female employees are allowed 17 weeks of paid leave. Fathers are allowed 14 days of leave.

Unpaid Childcare Leave

4 months of child care leave is allowed which can be taken consecutively or intermittently until a child reaches 8 years of age. 

Immigration Laws in Greece

Non-EU employees must acquire a Type D visa before arriving in Greece, allowing employees to stay in Greece for over 90 days to work.   Once an employee has arrived in Greece, they must apply for a residence/work permit within 30 days at the local municipal office or police station. 

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