Greece Mandates Digital Stock Movement Monitoring

The Hellenic Independent Authority for Public Revenue (IAPR) has published new regulations making digital monitoring of stock movements mandatory. The system will be implemented in phases starting June 2, 2025, operating through the myDATA platform. Non-compliance penalties are EUR 1,000 per tax audit.

Greece is undergoing a fundamental change in tax compliance. Regulations published by the Independent Authority for Public Revenue (IAPR) on July 15, 2024 (A.1123/2024) and July 31, 2024 (A.1122/2024), updated on April 1, 2025 (A.1047/2025, A.1046/2025, A.1052/2025), make digital monitoring of stock movements mandatory.

Phased Implementation Timeline

Phase A – June 2, 2025:

• Entities with gross income above EUR 200,000
• All entities in energy products, pharmaceuticals, and construction materials sectors (regardless of income)

Phase B – December 1, 2025:

• Enhanced features for all Phase A entities
• Both phases simultaneously for entities with turnover above EUR 5 million and multinational subsidiaries
• All other entities defined in Article 1 of Law 4308/2014

System Requirements and Exceptions

Entities must digitally issue and transmit stock movement documents to myDATA platform. Legal printouts with QR codes serve as proof of successful submission.

Main exceptions:

• Goods movement within same facility or between facilities within 10km straight-line distance
• Retail transactions with value documents (except postal/courier services)
• Fixed asset transfers (intra-facility)
• Goods moved via continuous flow networks (gas, water, electricity)

The system impacts business processes for issuing sales invoices, delivery notes, and goods receipts, requiring integration with ERP systems, e-invoicing providers, or IAPR’s “timologio” application.

https://www.taxheaven.gr/circulars/47725/a-1122-2024

https://www.taxheaven.gr/circulars/47726/a-1123-2024