By integrating your software, you achieve the following:

Your software becomes an approved invoicing application through a certified MyDATA provider.

This means that your software is no longer responsible for incorrect data transmission or any other legal liability related to MyDATA. Any legal responsibility lies with the software user or the certified MyDATA provider.

Your customers significantly reduce the cost of acquiring your software and the required hardware.

By integrating your software with a certified MyDATA provider, all costs associated with acquiring the software, the MyDATA provider service, and the required technical equipment can be recorded in the company’s accounting books at 200% of their value. As a result, the effective cost of these expenses is reduced by approximately 50%.

Your customers also benefit from the additional tax incentives provided under Law 4172/2013:

The standard five-year statute of limitations for tax assessments is reduced by up to two years. Specifically, the limitation period is reduced to three years for the invoice issuer and four years for the recipient.
The time within which the Tax Administration processes tax refund requests for tax years in which issuers exclusively use electronic invoicing is reduced from 90 days to 45 days.

A 100% additional depreciation allowance (for a total deduction of 200%) is granted in the year of purchase for the initial acquisition of the technical equipment and software required to implement electronic invoicing.

A 100% additional deduction (for a total deduction of 200%) is available for expenses related to the generation, transmission, and electronic archiving of electronic invoices during the first year of issuing sales documents through electronic invoicing. These expenses are deductible from gross business income.

Exemption from fiscal devices and other tax equipment

By integrating with Primer MyDATA, your software can operate independently without the need for a fiscal device or any other fiscal hardware.

MyDATA is the minimum compliance obligation required for all Greek businesses since 01/01/2021. It includes the asynchronous transmission of all documents to AADE and does not replace the fiscal mechanism or the cash register.

MyDATA through a provider is the modern (online, real-time) transmission of sales documents to AADE. Its use replaces the fiscal mechanism and any other equipment apart from a computer or smartphone. It also provides the following tax benefits:

• 3-year limitation period for tax audits.
• 200% super-deduction of all expenses incurred for MyDATA (provider services, software, and technical equipment).

Primer MyDATA is Primer Software’s software solution for connecting ERP and CRM software systems with AADE.