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Establishment of a Maritime Company for Recreational Ships N.E.P.A.
We undertake the establishment of N.E.P.A. for you.
Administrative
The name of N.E.P.A. must be unique, in order to avoid confusion with another company and include the words ‘Maritime Company for Pleasure Yachts’ or the initials of these words, namely ‘M.C.P.Y.’ For the international transactions of the company, the name can be represented in Latin characters and accompanied by the words ‘MARITIME COMPANY FOR PLEASURE YACHTS’ or the acronym ‘M.C.P.Y.’
Permanent Residence/Stay/Installation
The registered office of the company N.E.P.A. is determined in the first-degree local government authority (O.T.A.) located in Greece. The address must include at least the street, number, postal code, and first-degree local government authority. In case of absence of a street and number, a postal box is designated
Time Frame
N.E.P.A. has a specified duration determined in its articles of association. In cases where a specific duration is not defined in the articles of association, the duration of N.E.P.A. is thirty (30) years. The minimum share capital required for the establishment of N.E.P.A. is set at the amount of ten thousand (10,000) euros.
Administrative
N.E.P.A. is managed and represented by its board of directors, which consists of at least three (3) members, shareholders or non-shareholders. The term of the board of directors is six (6) years.
Possession of Codes for Access to Software
The facilitator of the establishment submits the application digitally.
You will need:
1.Copy of the identity card or passport of each participant in the company (founders and members of the Board of Directors).
2. Certificate of Good Standing of the parent company: In the case that a shareholder of the under-establishment N.E.P.A. is a company, a certificate of good standing of the parent company is required from the General Commercial Registry (GEMI) or the equivalent foreign registry. This certificate should include the basic details of the establishment of the company and confirm the existence of the company. If the company is foreign, this document must bear the Apostille of The Hague.
3. Statute of the parent company: In the case that a shareholder of the under-establishment N.E.P.A. is a company, the founding statute of the parent company is required, indicating in its purposes the possibility of participating in other forms of companies. If the company is foreign, this document must bear the Apostille of The Hague.
4. Board of Directors Certificate: In the case that a shareholder of the under-establishment N.E.P.A. is a company, a certificate is required stating the members of the Board of Directors and the Legal Representative, who will decide on the participation of the parent company in N.E.P.A. If the company is foreign, this document must bear the Apostille of The Hague.
5. Shareholders’ Certificate: In the case that a shareholder of the under-establishment N.E.P.A. is a company, a certificate of the current shareholding composition is required, where the shareholders may decide on matters related to the participation of the company in N.E.P.A. If the company is foreign, this document must bear the Apostille of The Hague.
6. Decision of the parent company regarding participation in N.E.P.A.: In the case that a shareholder of the under-establishment N.E.P.A. is a company, a decision of the parent company regarding its participation in N.E.P.A. is required. If the company is foreign, this document must bear the Apostille of The Hague.
7. Authorization of the parent company: In the case that a shareholder of the under-establishment N.E.P.A. is a company, an authorization from the parent company to a natural/legal person to sign on behalf of the parent company the establishment statute. If the company is foreign, this document must bear the Apostille of The Hague.