Author Topic: EOT Licence changes.  (Read 2582 times)

0 Members and 1 Guest are viewing this topic.

Offline chris43

  • Hero Member
  • *****
  • Thank You
  • -Given: 14
  • -Receive: 124
  • Posts: 4698
    • www.corfuvillarental.co.uk
EOT Licence changes.
« on: January 05, 2016, 05:27:10 PM »
Just a heads up that I am reliably informed that there have been more changes to the EOT Licencing system.
It appears that a licence is no longer required under certain circumstances.
We are in the process of looking at this in connection with our villa.
Could be good news.
Until it's changed again of course.

The magnificent view from Villa Margarita Loustri.
For more information please click the link below
www.corfuvillarental.co.uk

Offline Denis O

  • Hero Member
  • *****
  • Thank You
  • -Given: 1
  • -Receive: 64
  • Posts: 987
Re: EOT Licence changes.
« Reply #1 on: January 05, 2016, 06:33:51 PM »
I was talking about this the other day and it seems there are changes to the watered down licence that was introduced to manage short season I.e. 3 months maximum.

It appears you no longer need any licence for this purpose. Paperwork is the same as Jan explained a while ago.

No doubt Jan will have more information on the new system.

Offline jan

  • Hero Member
  • *****
  • Thank You
  • -Given: 59
  • -Receive: 277
  • Posts: 2168
Re: EOT Licence changes.
« Reply #2 on: January 05, 2016, 07:04:06 PM »
no, but wishing i hadn't spent so much money for the licence- but happy for 'new' renters.  advise talking to accountant though as there are bound to be some conditions that must be adhered to

San Stefano Estate (historical villa welcoming visitors) Benitses
www.SanStefanoEstate.com

Offline Annie54

  • Hero Member
  • *****
  • Thank You
  • -Given: 48
  • -Receive: 39
  • Posts: 557
Re: EOT Licence changes.
« Reply #3 on: January 05, 2016, 07:10:43 PM »
This is the latest that i have heard about the relaxing of the rules.

http://apokoronasnews.gr/holiday-lets-without-eot-license-now-legal/

Offline chris43

  • Hero Member
  • *****
  • Thank You
  • -Given: 14
  • -Receive: 124
  • Posts: 4698
    • www.corfuvillarental.co.uk
Re: EOT Licence changes.
« Reply #4 on: January 06, 2016, 10:11:08 AM »
A recent change in the law now opened a door for renting without an EOT licence. In short you can now rent your property with the same process that typical long term renting is happening.(how students rent apartments for example). This adds an new option for everybody in what way the want to rent (and makes AirBnB-type renting legal as well allow people that could not follow EOT specifications to rent).

Typical EOT Mansion or Villa licence
Now available as an option because of specification changes.
Requires a business this involves book keeping, paying for insurance/pension but you can deduct costs from profit tax
There are no limitations concerning how long you can rent.

The EOT "3-month" mansion licence
Do not require a business
Can rent for periods of at least a week
Can rent for a total of three months per year.
Property must follow Mansion Specifications which I am 99% sure you do.
This method is now obsolete since the next one is available
Renting Agreements via the Tax Dep Web App

With no EOT licence
No specifications. All properties can rent.
Do not require a business
Renting Agreements via the Tax Department's Web App
There are no limitations concerning how long you can rent.
No business. This also means that there is no need to pay insurance/pension but you cannot subtract the costs like spending from the taxes.

The magnificent view from Villa Margarita Loustri.
For more information please click the link below
www.corfuvillarental.co.uk

Offline Annie54

  • Hero Member
  • *****
  • Thank You
  • -Given: 48
  • -Receive: 39
  • Posts: 557
Re: EOT Licence changes.
« Reply #5 on: January 06, 2016, 10:39:17 PM »
Taken from my link:
Under the new provisions, homeowners who plan on leasing their homes are required according to Greek tax legislation to register the details of the rentals online with the Ministry of Administrative Reform and e-Governance in order to obtain a registration number for the said lease.

Offline castaway

  • Newbie
  • *
  • Thank You
  • -Given: 1
  • -Receive: 5
  • Posts: 15
Re: EOT Licence changes.
« Reply #6 on: July 24, 2017, 12:42:34 PM »
This change in the law seems to be to facilite AirBnB properties and I dont think applies to villas offering even basic service like cleaning and laundry:
b) Register the property on the Short Term Rental Register ( new 2017)
Occasional short term renting for 60 or 90 days per year trough digital platforms under the sharing economy frame.
From 01/2/2017, a furniished property can be rented occasionally for short term renting for 60 or 90 days per year
under the sharing economy frame.  (for example: Airbnb).
All the follow preconditions are required in order to rent occasional short term a property under the frame of the
sharing economy through a digital platform:
a)    The owner of the property must be only individual, registered on a special register (Short term renting register).
Once the property have been registered the registration number must be displayed on the digital platforms or any
other advertising media.
b)  Only up to 2 properties can be rented until this status from each individual owner.
c)   The minimum space of the property is 9 square meter. The property must have nature light, heating and
ventilation.
d)  The property must have building permit, or it must be legalized according the law 4014/2011 or 3843/2010.
e)   For properties located in islands that have less than 10,000 habitants, each property can be rented up to 60
days. For properties located in islands that have more than 10,000 habitants, a property can be rented up to 90
days. In both above cases is allowed to exceed the 60 or 90 days only in case that the sum of rental income of all of
the properties of this status will be less than 12,000 per year.
f)    The property is rented furnished.  It is not allowed to provide any type of services that are related with the
property (for example: changing of linen and towels, cleaning, internet, air-conditioning, satellite TV, safe box,
transfer of guest from airport, breakfast,  etc. ) except to provide the linen.
If any services are provided the renting through this status it is not legal. If any kind of service are provided, the
owner of the property is liable to obtain an EOT license.

A lease contract must be submitted in the tax office for each guest that must include: the property registration
number in the above register, the energy efficient certification number, the full name of the guest, the arrival and departure dates of the guest, and the amount in euros that the guest or the digital platform has paid for the guest.
http://www.livingincrete.net/EOT.html.

Anyone know for sure anything different?



 

All content Copyright 2012 Corfu Forum. All rights reserved.
Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25