The AADE has officially extended the deadline for businesses to update their statistical classification codes (NACE Rev. 2.1 / European ΚΑΔ) to 31 December 2026. This extension responds to requests from professional bodies and enterprises needing additional time to adapt to the new European classification framework, which affects statistical reporting, tax obligations, and eligibility for certain subsidies. The update is mandatory for all entities registered in Greece and must be completed via the AADE’s online portal. Failure to update may result in incorrect statistical categorization and potential administrative penalties.
Key Takeaways
- Extended Transition Period: The new deadline of 31 December 2026 gives businesses a full year from the original target to complete the migration.
- Digital Submission Required: Updates must be filed electronically through the myAADE platform, ensuring real-time synchronization with the national statistical authority.
- Impact on Tax and Aid: Correct NACE codes are essential for accurate tax treatment, VAT reporting, and access to sector-specific government support programs.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement