It is crucial to have a deep understanding of sector-specific environments, issues, and trends to efficiently deliver services to our clients and adapt to their ever-changing needs and opportunities. Our international network reinforces the development of an industry-specific expertise, along with our local perspective and knowledge of industries.
Greece is located strategically between Europe, Asia, and Africa. As a gateway between East and West, it is a major transportation, logistics, distribution, and assembly hub that accelerates global trade flows efficiently and cost-effectively.
We support several transportation and logistics businesses facing these challenges, including trucking companies, transporters, shippers, ports, intermediaries, service providers, warehouses, cargo services, and distribution centers.
Our expertise in this industry has already developed best practice solutions so that a business can receive the critical advice it needs. We offer tailored tax consulting services to medium and large cargo businesses, transportation, and 3PL companies. We have also been extensively involved in cost-effective advisory projects in the sector and all aspects of cost management accounting.
The construction industry is vital to the Greek economy, driving growth and supporting many related professions. Various promising developmental projects emerge all over the country. As investment opportunities arise, the real estate market drives growth with high sustainable returns, making it one of the safest investment options for local and foreign investors. Our long-established expertise in the sector is fortified by our collaboration with experienced professionals of the field. We offer financial, tax consultancy and accountancy services for several hotel units and tourism businesses operating in mainland and the islands.
We constantly offer innovative solutions in capital raising, asset management consulting, and cost center accounting planning.
Our team of experts can offer a range of advisory services to manage your tax exposures, restructure operations, and eliminate risk.
Greece attracts a worldwide interest in establishing intra-group service centers offering immense opportunities for centralized middle and back-office functions. Being in a geostrategic location, perfectly accessible in a +/- 2h time zone, Greece is an EU member state offering a convenient destination for global business services. A modern legal pro-business environment, highly qualified and multilingual talents, competitive labor cost, and incentives support restructuring organizations by choosing Greece to decentralize back-office activities and outsourcing providers.
Our strong cooperation with local and global service companies has strengthened our expertise in the industry. We supervise the smooth running of the accounting departments of outsourced service providers or decentralized company functions. At the same time, we provide financial advisory, tax compliance, and planning services to companies whose headquarters are locally based or situated outside Greece.
Manufacturing in Greece is traditionally one of the significant trading sectors, with a growing presence in local and global markets.
Nonetheless, an increasing number of firms have shifted part of their turnover from internal to external markets, compensating to some extent for their revenue loss. At the same time, local demand for products creates new opportunities for emerging businesses.
We retain a significant customer base of medium to large trade and manufacturing enterprises, providing tailored tax planning, cost efficiency advisory, and cost management accounting. Our comprehensive management and account advisory service has helped numerous manufacturing businesses grow sustainably.
Retailing is one of the most dynamic sectors of the Greek economy, contributing enviably to GDP and creating work positions. Constant disturbance and rapid technological change continue to test the retail and consumer industry, bringing new opportunities and radical restructuring of the sector while challenging current standards. Consumer buying behavior constantly changes, challenging retail companies to find innovative solutions online or at physical stores.
MGI Sofakis Partners specializes in working with all types and sizes of retail and consumer goods enterprises, multinationals, local corporations, and family businesses. It provides advisory and tax services that specifically respond to the challenges of this dynamic industry sector, boost competitiveness, and eliminate risk.
The information and software sectors are the most promising sectors of the Greek economy, driven mainly by the demand for automation and digitalization solutions in the Greek public and private sectors. During the last few years, Greece became the center of several essential investment initiatives announced by some of the largest companies in the global ICT industry. In addition to its favorable location, which offers a skilled workforce, attractive funding opportunities, and high-quality ICT infrastructure, Greece is also a preferred location for investment in the ICT industry.
MGI Sofakis Partners has long-established experience with Greek and multinational IT businesses. From Telecoms to software companies, hardware firms, and IT service providers, we have developed efficient solutions for accounting planning, financial reporting, cost management, and tax advisory services.
With more than 16,000 kilometers of coastline, more than 6,000 islands and islets, and a well-established tourism industry, Greece presents a prime investment opportunity in the Tourism sector. The industry accounts for 18% of GDP and employs more than 900,000 people, almost one-fifth of the workforce.
Greece’s image as an ideal destination for holidays and tourism-related investments proclaims the sector as a significant economic pillar, with highly sophisticated and demanding infrastructure and services.
Our expertise and knowledge of all types of tourism, including hotel businesses, hospitality services, and holiday residential sub-sectors. Our experienced professionals are constantly updated with the understanding of the regulatory and taxation conditions a company needs to comply with to operate efficiently in Greece. We offer financial, tax consultancy, and accountancy services for several hotel units and tourism businesses operating on the mainland and the islands.
Maritime transport is the most important means of global freight transport, and container traffic is growing steadily. Greece has been a maritime nation since ancient times, as the extensive coastline of the Greek peninsula favored the development of shipping. Shipping is one of the largest industries worldwide, but also in Greece, as its value exceeds 251 billion and employs about 290,000 people.
The regulation in the shipping and yachting sectors is unique compared to any other industry. Our expertise and knowledge of shipping and yachting are indisputable. Our team is professional and constantly updated. We offer financial, tax consultancy, and accountancy services for companies of all sizes, both Greek and international.
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info@sofakispartners.grCall us and we'll help you secure the perfect Service for your business.
(+30) 21 0581 4565