Buying an electric vehicle in Greece isn't just about technology — it's about extraordinary tax advantages. From full registration tax exemption and zero road tax, to a reduced 13% VAT rate and generous subsidies through the "I Move Electrically 3″ programme, EVs enjoy a fiscal regime that no other vehicle type receives. This guide covers every aspect of EV taxation in Greece for 2026.
📖 Read more: Corporate EVs: Tax Advantages in Greece 2026
Registration Tax: Full Exemption
Registration tax is one of the most significant charges when buying a car in Greece. For a petrol or diesel vehicle, it can reach 30-50% of the vehicle's value, depending on engine size and CO₂ emissions. For electric vehicles, the situation is radically different:
BEV (battery electric): 100% exemption from registration tax. Zero euros, regardless of price.
PHEV (plug-in hybrid) ≤50 g CO₂/km: 75% reduction in registration tax.
Hybrids >50 g CO₂/km: 50% reduction in registration tax.
Vehicles <120 g CO₂/km: Also fully exempt, which indirectly benefits BEVs even further.
Practical example: A Volkswagen ID.4 with a retail price of €42,000 enters Greece with zero registration tax. The equivalent petrol-powered Tiguan 2.0 TSI would incur €7,000-€12,000 in registration fees. The savings are visible from day one.
Annual Road Tax: €0 Every Year
Annual circulation tax is a cost every vehicle owner pays in Greece — unless they drive electric:
BEV: 100% exemption from annual road tax. Additionally, BEVs are not subject to the personal income presumption system (prestige tax). This means a Tesla Model S worth €80,000 doesn't increase your presumed income — unlike a petrol car of the same value.
Hybrids ≤122 g CO₂/km: Also receive full exemption.
Over 10 years of ownership: A 1,600cc petrol car pays approximately €240-€340/year in road tax, or €2,400-€3,400 over a decade. With an EV, that figure drops to zero.
VAT: 13% Instead of 24%
One of the most powerful incentives for EV purchase in Greece is the reduced VAT rate of 13%, compared to the standard 24%. This 11-percentage-point difference means savings of thousands of euros:
| Car Price (pre-VAT) | VAT 24% (ICE) | VAT 13% (EV) | Savings |
|---|---|---|---|
| €25,000 | €6,000 | €3,250 | €2,750 |
| €35,000 | €8,400 | €4,550 | €3,850 |
| €50,000 | €12,000 | €6,500 | €5,500 |
Circular E.2060 has also clarified VAT treatment for charging services, ensuring consistency and incentivization across the entire chain.
"I Move Electrically 3″: The Major Subsidy
The "I Move Electrically 3″ programme (Kinoume Ilektrika 3) is Greece's central EV purchase subsidy tool. It has been valid retroactively since May 1, 2024, with a total budget of €33 million. Here's what it offers:
Individuals: Subsidy of 30% of net retail price, up to €9,000. Scrapping a vehicle ≥10 years old earns a €2,000 bonus. Young buyers (≤29), large families, and people with disabilities receive an additional €1,000.
Taxis: Larger subsidy — 40% up to €17,500, plus mandatory €5,000 scrappage bonus.
Companies: 1-20 vehicles → 30% / up to €8,000 per vehicle. Over 20 vehicles → 20% / up to €6,000. Island-based companies + €4,000/vehicle.
Electric two/three-wheelers: 40% up to €3,000. E-bikes: 40% up to €800.
Practical example — 27-year-old buyer: Purchases a BYD Dolphin (retail €29,990). Subsidy 30% = €8,997 → capped at €9,000. Young buyer bonus: €1,000. Scrappage bonus (if applicable): €2,000. Total subsidy: up to €12,000. Final price: ~€17,990 — for a brand-new 2026 electric car.
Company Vehicles: A Tax Haven
If you're a business owner or executive with a company car, the incentives are even greater:
Benefit-in-Kind (BIK) Exemption: BEVs and PHEVs with ≤50 g CO₂/km are fully exempt from benefit-in-kind taxation, provided the net retail price doesn't exceed €40,000. For pricier vehicles, up to €40,000 is deductible from taxable income. In practice: a €38,000 company EV adds zero euros to the employee's tax return.
Leasing: 50% increased deductibility for zero-emission vehicle leases. If a company pays €400/month in leasing, it can deduct €600 on its tax return.
Luxury Tax: BEVs are fully exempt from both the luxury tax (10% on cars over €25,000) and the luxury living tax. A CEO with a €120,000 Tesla Model S Plaid pays no luxury tax — a BMW M5 owner at the same price pays thousands annually.
Chargers: Companies enjoy tax allowances and accelerated depreciation for installing charging points on their premises.
Charging & Infrastructure Subsidies
Home Wallbox: €500 subsidy for residential charger installation.
Company Wallbox: €400 subsidy per charging point.
Municipalities: Since March 2021, all municipalities are required to maintain EV charging stations within their jurisdiction. This means even small towns must have public chargers.
Additional Benefits
Athens Ring Road Restrictions: BEVs are fully exempt from urban driving restrictions in central Athens. While petrol/diesel cars face odd/even license plate restrictions, electric vehicles circulate freely every day.
Income Presumption: BEVs are excluded from the income presumption system. Purchasing an expensive EV doesn't create tax obligations based on assumed income — a huge advantage for high earners.
Free Parking: Several municipalities (Athens, Thessaloniki, Patras) offer free or reduced parking for electric vehicles, though this varies by locality.
Comparison: Electric vs Petrol Over 5 Years
Here's a realistic comparison scenario to understand the full picture. Basis: a ~€35,000 car (pre-VAT), 15,000 km/year, private buyer:
| Cost Category | Petrol 1.5T | BEV |
|---|---|---|
| VAT (24% vs 13%) | €8,400 | €4,550 |
| Registration Tax | ~€5,000 | €0 |
| "I Move Electrically" Subsidy | €0 | -€9,000 |
| Road Tax (5 years) | ~€1,500 | €0 |
| Fuel vs Electricity (5 years) | ~€8,400 | ~€2,700 |
| 5-Year Total | ~€23,300 in taxes/costs | ~-€1,750 (net gain) |
The difference is striking: over 5 years, the EV owner not only pays less — with subsidies, they can actually come out ahead versus the original purchase price. The petrol owner spends an additional ~€23,000 in taxes, fees, and fuel beyond the retail price.
Greece's 2030 Target
Greece aims for 1 in 3 new cars to be electric by 2030. This means tax incentives are expected to be maintained or strengthened in the coming years, as the government commits to ongoing support through subsidies, charging infrastructure expansion, and preferential tax treatment.
Final thought: If you're considering buying a car in Greece in 2026, the math is crystal clear. With registration tax exemption, zero road tax, 13% VAT, subsidies up to €12,000, and no income presumption charges, there has never been a better time to enter the world of electric driving.