To warning to the business They are moving forward with the country’s chambers, inviting them to arrange their pendulum in the General Trade Register (GEMI) by the end of the year, as the new enforcement framework will be activated from 1 January 2026 fines.
At the same time, Chambers express serious reservations and strong concerns about the strict fines provided for in businesses in the event of the omission of their financial statements.
Chambers inform their members that, in application of article 50 of Law 4919/2022, JMD was published by no. 46982 (Government Gazette 3542/8-7-2025, Issue B) on “Define the criteria for enforcement and amount of administrative sanctions referred to in article 50 of Law 4919/2022 in the non-consistent debtors in the General Commercial Register (GEMI) and other relevant issues”, in accordance with the ERTNEWS.
The JMD has been applied from 1 January 2026 and refers to the determination of the enforcement criteria, to the height of administrative penalties (fines) to the non -consistent GEMI, in terms of the application of commercial publicity rules, as well as the process of finding, enforcing, certifying and collecting the fines. It does not apply to solo enterprises, but to companies in the legal forms of debtors in GEMI, in accordance with article 16 of Law 4919/2022.
The fines obliged by the GEMI Service. To impose, they will relate to violations made in the establishment and subsequent operation of the companies, in accordance with Law 4919/2022, and more specific provisions of the legislation/by corporate type, as:
- Non-proper observance of rules when setting up companies through one stop electronic service (e-YMS)
- The omission, the late, the non -lawful, the non -submission of an application for registration to the GEMI.
- Failure to comply with the rules of automatic brand and a distinctive title
- Non -listed information in the company’s documents.
The amount of the fines is determined by breach/legal form/size of an entity and will range – for companies that are obliged to the health of the Chambers – from EUR 100 to EUR 10,000.
As noted: “The valid and timely briefing of GEMI. It is an obligation of the most important for entrepreneurship, as in addition to ensuring the legal operation of companies and the information of all stakeholders, GEMI. It is interconnected with a number of national and European information systems and sends critical information to other registers. This information must be correct, legal and up -to -date. “
In this context, the debtors are required to work with the GEMI service. Chambers until December 31, 2025, in order to settle all the pending publications and make the required corrections without any administrative sanction and in particular can:
- To register with GEMI, provided that according to article 16 of Law 4919/20222 they belong to the persons liable and have not done so today,
- To make any pending entry, whose omission brings the imposition of a fine
- To make registrations for the omission of which have been suspended in registration,
- To apply to the competent Ministry of Foreign Affairs. the correction of errors they made on their own fault when setting up through the e-YMS or the automated registrations or in the automatic brand and a distinctive title or when submitting applications for the registration of Article 25 of Law 4919/2022.