Greek contributions stop at a ceiling, so employer cost flattens above a certain salary. How the total compares with uncapped EU markets for higher-paid roles.
- Social security contribution cap
- New employment incentive
- How does the Greek social security contribution cap work?
Greece applies a standard 22% corporate income tax rate, with most companies — AE, IKE, EPE — taxed identically regardless of legal form. The IKE, Greece's most commonly used structure for SMEs, can be formed with just €1 in minimum share capital and, when using the standard model statute through the e-YMS one-stop platform, requires no notary at all — making it one of the more accessible entity formations in the EU.
What an employee costs in Greece. Every figure below is published on the Greece country page.
| Greece | |
|---|---|
| Employer social security | 21.79% of gross salary — combined with employee's 13.87% for 35.16% total, capped at €7,761.94/month (2026) |
| Minimum wage | €910/month gross, 14 payments/year (2026) |
| Currency | EUR |
| Official language | Greek |
| Legal forms | IKE · AE · EPE |
What makes it complex in Greece
- Social security contribution cap — at €7,761.94/month (2026) — income above this level is exempt from further EFKA contributions.
- New employment incentive — — a 50% super-deduction on employer social security contributions for qualifying new full-time hires, subject to statutory limits.
How does the Greek social security contribution cap work?
Combined employer and employee EFKA contributions total 35.16% of gross salary, but only up to a monthly ceiling of €7,761.94 for 2026. Once an employee's monthly salary exceeds this amount, no further social security contributions are due on the excess, materially reducing the relative employer cost for higher-salary roles.
How can an IKE be formed without a notary?
When using the standard model statute (rather than a bespoke deed with custom shareholder terms) through Greece's e-YMS online one-stop platform, an IKE can be incorporated without notarial involvement, reducing both cost and timeline. A notary becomes necessary only for non-standard governance structures or in-kind capital contributions.
Social security contribution cap is one of the points HTLC Network handles for clients operating in Greece, within a single engagement that covers every other country they operate in — executed locally, governed centrally.
In Greece the scope is: Full-cycle Greek payroll including EFKA social security contributions, the monthly contribution ceiling calculation, and employment terms under Greek labour law.
See Payroll & Workforce Management in Greece for the full scope, or the Greece country page for the statutory framework across every service.
Figures as published on the HTLC Network country pages, reviewed September 2026 and collected from public sources. They are not a substitute for advice on a specific case and should be verified before being relied on.