Greece

GREECE

GREECE

COMPANY DETAILS

Amway Hellas

151 Kifisias Avenue
151 24 Marousi
Athens
Greece

Phone: +30 2111987671
Fax: +30 2111987672

www.amway.gr (Public & Distributor Website/MultiLingual for ordering and sponsoring)

infocenter_gr@amway.com (Email) 

Opened March 1996
Territories: Andros, Cephalonia, Chios, Corfu, Crete (Kriti), Cythera, Dodecanes, Ionian Islands, Karpathos, Kithira, Kos, Kriti (Crete), Lemnos, Lesbos, Levkas, Milos, Mykonos, Naxos, Paros, Paxos (Paxoli), Rhodes, Samos, Samothace, Siros, Thasos, Thira, Zante

 

Plan Basics

Overview

Purchasing Products
All Amway Business Owners purchase products directly from Amway.

Commission Payment
Commissions will be paid directly to the Amway Business Owner who has earned the commission. Commission payments will be paid by bank deposit only if the Amway Business Owner has reached the minimum amount of 15 Euro.

Member Plus Discount
Member Plus earn discounts redeemable in future orders up to 50% of the total order value.

PV/BV Transfers
PV/BV transfers are not available.

Performance Schedule

PV Performance Bonus
10000             21%
7000               18%
4000               15%
2400               12%
1200                9%
600                  6%
200                  3%

PV/BV Ratio
The average PV/BV ratio for Amway products as of March 2016 is 1,6113.

Retail Margin
Mark up for Amway products averages about 30% but varies with each product.

Starter Kit Purchasing
The Amway Starter Kit is divided into two parts (Opportunity Pack formerly Tier1 and Start Kit formerly Tier2). The Sponsor of a prospect only orders the Amway Opportunity Pack (Tier1) without having to invest the full price for the Amway Start Kit (Tier2). This process introduces prospects to Amway with a minimum investment to the Sponsor.

The new Member Plus will purchase the Start kit (Tier2) directly from Amway. The Product Manuals are optional. He/she may also order additional products by adding the items to the first order form enclosed in the Amway Opportunity Pack (Tier1).

Amway Hellas will key-in the data of an Application even if the first order is not included. The new Member Plus must however place his/her first order including the Start Kit within 30 days of the date of registration or the agreement will be deactivated. Amway will ship the Start Kit (Tier2) with additional products (or at least the Amway Sales Kit) ordered directly to the new Member Plus after Amway confirms payment. Payments can be made through cash transfer (via bank), and credit card (MasterCard and VISA).

Registration can be also made online (www.amway.gr), without purchasing Tier1 . The Start kit (Tier 2) remains a prerequisite but it is not mandatory in the first order. It can be purchased in 30 days from the date of registration. In the case of online registrations, the new Member Plus needs to print, sign and send the application form to Amway Hellas Head office within 30 days of registration. If either signed application or start kit (Tier2) requirements are not met, the registration is cancelled.

The new Member Plus has the option to purchase a 'Flexible Fast Start Pack' with product of their choice or a combination thereof to gain 10%, 20% discount for 100PV, 200PV and 300PV order respectively.

Cost -Tier 1, 2 & Value Packs

- Opportunity Pack (Tier1 Kit) - 9,84 Euro
- Start Kit (Tier2 Kit) – 26,04 Euro
- Product Manuals - 11,16 Euro
- Fast Start Flex Pack 100PV (10% discount)
- Fast Start Flex Pack 200PV (20% discount)

Sponsoring
All Registration Forms contain two names; an applicant's name & surname and a co-applicant's name & surname. With the exception of Members and Member Plus, Independent Business Owners that are Civil Servants, officers, doctors or lawyers cannot register neither as applicant 1 nor as a co – applicant, due to professional conflict restrictions. For such cases the prospect in conflict may choose to be listed as a related party without any contractual relations. All Independent Business Owners must be at least 18 years of age.

Business Type

I - Amway Business Owner (ABO)
This is the business builder, eligible to register other Amway Business Owners and Members, merchandise, receive Performance Volume Commissions and take advantage of all of the benefits of owning an Amway business.

M+ - Member Plus
Member Plus are very similar to ABO but differ in that they don’t earn income and don’t retail to end consumers. Their gains from the plan are calculated the same as that of an ABO but they are applied as discounts to future orders. M+ also is not recognized from Silver producer and higher levels.

M - Member
Members will enjoy a variety of benefits such as products and services at ABO price. A Member is a privileged customer and does not participate in the Sales & Marketing Plan.

C - Customer
The ABO’s customer, purchase from ABO, at retail price and Amway Hellas pays the retail sales commission to the ABO together with the regular monthly bonus on the 15th of every month.

Establish a Second Business

International Sponsoring
International sponsoring is always an option and an excellent means of expanding your business while avoiding many of the costs and complexities associated with establishing a second business. Please note: For those markets where foreigners are able to establish a second business, they must be the international sponsor of their second business in another country.

It will be possible for foreigners to become Amway Greece Business Owners, although it will be an easier process for European Union (EU) citizens. In the case of EU citizens, no entry visa is required to travel to Greece. However, a work visa and residence permit are required if you intend to engage in business activities in Greece. These should not be difficult to obtain.

You will also be required to comply with local tax and business registration requirements to the same extent as Greek resident nationals. These would include, for example, filing a Commencement of Business Declaration and obtaining a tax registration number once you begin regular and habitual Amway business activities.

The situation is more complex for non-EU citizens. Technically, a business visa is required to engage in commercial activities in Greece, including sponsoring activities.

The difficulty of obtaining a business visa (and the necessity of obtaining one) will vary among different nationalities. To actually establish an Amway business in Greece requires the non-EU citizen to obtain both a residence and work permit. These may be quite difficult to obtain for a foreign national seeking to establish his/her business as an individual.

A foreigner may, however, establish a Greek local legal entity (such as a limited liability company, corporation, or partnership) and operate his/her business through such a company. While they are required to appoint a local representative in Greece for the company, the owners of the company or other entity could travel to Greece to support its activities under a simple business visa (if required for the particular nationality involved).

Amway will accept and recognize Amway Business Owner applications from non-Greek citizens on an interim basis without being provided a tax registration number (which can only be obtained by complying with local immigration requirements). However, for bonus payments, a local tax identification number is required.

Click the link below to display additional details on how to start a multiple business in this market.

Market Framework Requirements

Ordering

Online orders (www.amway.gr)
Monday through Sunday
24 hours a day / 7 days a week

Fax orders:
Fax number: 30-211987672
Monday through Friday
09:00 to 15:00

eMail orders:
eMail Address: orderentry_gr@amay.com
Monday through Friday
09:00 to 15:00

Direct Order from Rentis PUC:
Tuesday through Friday
14.00 20 20.00
Saturday: 09.00 to 15.00

All Amway Business Owners have access to place orders. Minimum value for free delivery is 88.04 Euro including combined orders.

Payment Methods

Online Order via www.amway.gr:
For online orders, the Amway Business Owner/Member can pay only through Bank Card (VISA or MasterCard)
Amway Call Centre:
For Orders through Amway
Bank Card (VISA or MasterCard)
The Amway Business Owner that receives his/her personal or combined order will pay the total value of the order with their bank card, by keying the bank card number when requested.
Fax orders:
The Amway Business Owner has to note on the order form, the way in which he/she prefers to make the payment.
- Bank Card:(VISA or MasterCard)
- Bank Deposit:
- Deposit of the cost of the order (personal or combined) in Amway Hellas' bank account at the Alpha Credit Bank, account number GR860 1401 0101 0100 2320 002866 or Piraeus Bank account number GR520 1720 9900 0509 9052 251774. The bank deposit slip must be attached with the fax order form. A fax order form should be attached to the copy of the bank deposit slip with the exact amount value of the order.

Returns/Refunds

Product(s) value worth no more than 58.70 Euro:
-Mailed to our warehouse along with a completed Return Form provided by Amway Hellas.

Product(s) value worth more than 58.70 Euro:
The Amway Business Owner must at first fax or mail the completed Return Form to Amway Hellas central offices. Upon approval by the Business Relations Manager, the Amway Business Owner will be notified to send the products to the warehouse. As soon as the warehouse receives the merchandise and the inspection has been completed, Amway Hellas will reimburse the Amway Business Owner (along with the mailing cost) either through a bank deposit at his bank account or by mailing a check. Amway Hellas reimburses only Amway Business Owners and not clients.

Overstock products:
Products returned for overstock reason must first fax or mail the Return Form for approval. Once approved, Amway Hellas will reimburse (not including mailing cost) the Amway Business Owner, with the deduction of 10%, either through a bank deposit at his bank account.

Access Information

Amway Headoffice:
Phone: +30 2111987671
09.00 - 17:00
Monday to Friday

When accessing Teleservices for the first time, an Amway Business Owner will have to key his/her Amway Identification number and then PIN number which represents the last four digits of their local Tax ID number or passport number (whichever was identified on the Amway Greece Registration Form). If the Amway Business Owner / Member Plus wishes to change their PIN number, they can do so at any time as long as the first access with the first PIN number was successful.

Receive Bonus Payment
Commission payments will be paid by bank deposit only if the Independent Business Owner has reached the minimum amount of 15.00 Euro.

For paying Foreign Amway Business Owners escrowed commissions, the following requirements must be met prior to payment:
1) An invoice from the Independent Business Owner's corporation.
2) The corporation's Tax residency certificate (e.g. for U.S. corporations it is the U.S. Treasury Department's Internal Revenue Service form number 6166 (Rev.9-99) Catalog No. 43134V); for Germany, it is form Ansassigkeitsbescheiningung and is obtained from the Finanzamt.
3) An application (available from Amway Greece) for the application of the double taxation avoidance convention signed by the corporation and the corporation's tax office.

For additional details, please contact Amway Greece.

Renew

Cost:
Regular Renewal Fee: 20,16 Euro
Late Renewal Fee: 40,00 Euro

Timing:
Regular Renewal Period: September 1 through December 31
Late Renewal Period: January 1 through August 31

Renewal Methods:
- Not part of any CLOS/SLOS
- No Marketing Advisor Program available

With other product or separately by:
- Fax Order
- email Order 
- On line Orders
- On Site Order (Headofffice)

Payment Methods
- Cash deposit into Amway Bank Account GR8601401010101002320002866 or GR5201720990005099052251774 and mailing of renewal form
- Credit Card
- Cash payment (Headoffice)