Greece’s fiscalisation rules have changed, and tour operators need to stay compliant. With real-time reporting now mandatory and certified fiscal devices required for tax reporting, understanding the specifics of these changes is crucial—not just for compliance but also for success in this market.
The Greek fiscalisation regulations have been in place for over a decade now. However, the consequences of failing to comply are becoming increasingly severe. The updated system, which requires all transactions to be reported in real-time via certified fiscal devices, ensures that tax authorities have full visibility into your sales process. This move aims to prevent tax evasion and fraud, promoting transparency across the board.
For tour operators, this new standard of transparency starts at the point of sale device.
Why the change?
The fiscalisation update in Greece stems from the government’s ongoing efforts to crack down on tax fraud and improve tax collection.
Recent stats show that tax evasion in Greece has been a persistent problem. With estimates suggesting the untaxed shadow economy in the country is worth around 25% of GDP.
By requiring businesses to report transactions in real-time, it becomes much harder for sales to go unreported, thereby ensuring that all businesses pay their fair share of taxes. The inclusion of a unique QR code on receipts also makes it easier for tax authorities to monitor and verify each transaction.
The regulations demand that sales systems be integrated with the Independent Authority for Public Revenue (AADE), ensuring seamless communication between your business and the tax authorities.
What does this mean for operators?
- Real-time reporting: All transactions must be reported to the tax authorities in real time, which helps prevent fraud and tax evasion.
- Certified fiscal devices: You will need to use certified devices that connect to the AADE for reporting.
- QR codes: Each receipt issued must include a unique QR code that links back to the transaction record, enabling easy verification.
Why a tour system is a better option
While general tools might work for some businesses, they don’t offer the tailored solutions that tour operators need. Here’s why a specialised tour system is essential for meeting Greece’s fiscalisation requirements:
- Tailored to your business: Tour systems are built with the specific needs of tour operators in mind. Unlike generic tools, they are designed to handle complex booking processes and integrations with fiscal devices.
- Seamless integration: Tour systems offer smooth integration with fiscal devices and real-time reporting to the AADE. This reducing the risk of errors or missed transactions.
- Compliance made easy: A good tour system ensures that you are fully compliant with Greece’s fiscalisation requirements. Including generating receipts with QR codes and transmitting transaction data in real time.
- Efficiency and growth: By automating the compliance process, you can focus more on growing your business and less on administrative burdens.
How we can help
At Palisis, our solutions are designed to keep you compliant while making your operations more efficient. If you’re a new customer looking to get started with fiscalisation in Greece, or an existing client who needs support in adapting to the changes, we offer the guidance and tools you need to succeed.
Greece’s fiscalisation regulations are a fact of life for operators in that market. With the right tools in place, you can ensure compliance and keep everything running smoothly.
Ready to get started?
Reach out to our team, and we’ll guide you through the process of staying compliant and what to expect.
Already with Palisis? Learn how to activate Greek fiscalisation →