CSRD in Greece
Greece's CSRD fine runs from €100 to €100,000 on the undertaking, and from €5,000 to €50,000 on a natural person, with imprisonment of up to three years possible. ELTE can impose separate fines of up to €500,000 on audit firms.
In forceDisclosure & reportingChecked 9 August 2026Our EI can make mistakes — check important info.
- In force from
- 2024-12-12
- Transposition
- Transposed
- Instrument
- Law 5164/2024
- Maximum on the undertaking
- €100,000
- Administrative fine by the General Commercial Registry (GEMI), from a €100 floor
- Maximum on an individual
- €50,000
- Authority
- GEMI / ELTE
Where do these figures come from?
Separate maxima for undertakings and audit firms
Greece runs two penalty tracks: GEMI at up to €100,000 against the reporting undertaking, and ELTE at up to €100,000 against individual auditors and €500,000 against audit firms, doubling on repeat. The audit-firm maximum is five times the undertaking maximum.
Greece transposed CSRD through Law 5164/2024 (ΦΕΚ A 202), in force from 12 December 2024. The General Commercial Registry (GEMI) imposes administrative fines from a €100 floor up to €100,000 on the undertaking, and from €5,000 up to €50,000 on a natural person, with imprisonment of up to three years possible. Separately, ELTE can fine auditors up to €100,000 and audit firms up to €500,000, doubling on repeat. Art. 57 of Law 5255/2025 later suspended the later reporting waves to 2028/29.
Minimum and maximum fines
Greek administrative fines here carry statutory floors: €100 for the undertaking and €5,000 for a natural person, so even a technical breach carries a defined minimum amount.
Law 5164/2024 was amended by Art. 57 of Law 5255/2025 (28 Nov 2025), which suspends the later reporting waves to 2028/29 and the Art. 14A third-country regime to 6 Jan 2030. The penalty amounts are unchanged.
What are the penalties?
GEMI fines the undertaking; ELTE fines auditors and audit firms, up to five times higher for firms.
Undertaking — €100 to €100,000reported, not gazette-verified
Administrative fine by the General Commercial Registry (GEMI), from a €100 floor
Natural person — €5,000 to €50,000reported, not gazette-verified
Imposed on individuals separately from the undertaking fine, with imprisonment of up to three years possible.
Auditors up to €100,000; audit firms up to €500,000 (ELTE)reported, not gazette-verified
Separate assurance-side track, doubling on repeat.
Figures confirmed across independent summaries rather than line-read in the ΦΕΚ text — check the official source before relying on them.
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Common questions
- What is the CSRD penalty in Greece?
- GEMI imposes administrative fines from €100 up to €100,000 on the undertaking and from €5,000 up to €50,000 on a natural person, under Law 5164/2024, with imprisonment of up to three years possible. ELTE separately fines auditors up to €100,000 and audit firms up to €500,000, doubling on repeat.
- Where can I read the full text of GR CSRD?
- The authoritative version is the official text: CSRD in Greece. The full text is linked in the "Read the original document" section on this page. This page summarises the obligations; the official text governs.
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