Development Law 4887/2022
Tax incentives, subsidies, and financial leasing for your business growth
Development Law 4887/2022 "Greece Strong Growth" is the primary national mechanism for supporting private investments. It provides a broad spectrum of incentives -- tax exemptions, capital grants, financial leasing subsidies, and payroll cost subsidies.
The law encompasses 13 thematic support regimes: digital and technological transformation, green transition, new entrepreneurship, just development transition, research and innovation, agri-food, manufacturing-supply chain, internationalization, tourism investment support, and alternative tourism.
Aid rates reach up to 75% for very small enterprises in specific regions (e.g., North Aegean: 55% large, 65% medium, 75% small enterprises). Minimum investment amounts range from €50,000 for cooperatives to €1,000,000 for large enterprises.
Law 5203/2025 introduced amendments that accelerate approval and audit processes, further enhancing the law's attractiveness.
Who is this for
The Development Law targets businesses of all sizes planning significant investments. Particularly suitable for industrial and manufacturing units, tourism investments, agri-food facilities, and technology businesses seeking tax incentives or capital grants.
Key Benefits
Tax Exemptions
Income tax exemption on pre-tax profits. A powerful incentive for profitable businesses.
Capital Grant
Free provision of funds to cover part of eligible costs, up to 75% in specific regions.
Leasing Subsidy
Subsidy for financial leasing installments for acquiring new modern equipment.
Payroll Cost Subsidy
Coverage of payroll costs for new jobs created by the investment.
13 Thematic Regimes
Specialized support regimes for every business sector, from manufacturing to tourism and technology.
Fast-Track Approval
Improved evaluation and integration procedures with recent legislative amendments.
How It Works
Pre-Investment Assessment
We assess your investment plan, identify the appropriate thematic regime, and calculate expected incentives.
Investment File Preparation
We prepare the complete file: feasibility study, financial analysis, supporting documents, and permits.
Submission to PSKE
We submit the application electronically through the State Aid Information System (PSKE).
Implementation & Completion
We support implementation, manage audits, and secure the disbursement of the aid.
Development Law FAQ
The minimum amount varies by business size: €50,000 for rural/urban cooperatives, €100,000 for micro, €250,000 for small, €500,000 for medium, and €1,000,000 for large enterprises.
The choice depends on your business's financial situation. Profitable businesses benefit from tax exemptions, while newly established or loss-making businesses benefit more from capital grants.
Eligible expenses include building facilities, machinery, transport equipment, IT equipment, software, patent rights, study costs, permits, and payroll for new positions.
Calls open in cycles per thematic regime. ARROW Consulting continuously monitors announcements and notifies you immediately about relevant opportunities.
Stacking of aid is not allowed for the same expenses. However, you can use different financing instruments for different parts of a broader investment, following specialized consulting.
Start Your Investment
Contact us for a free pre-assessment of your investment under the Development Law.