Discover Lithuania

Stable Political and Macroeconomic Environment

• Member of the EU and NATO since 2004; Lithuania’s President announced European of the Year 2007
• Membership in the WTO, Schengen area since 2008
• EU inner market directives best implemented into the national law among all EU members
• Currency pegged to the euro and backed by foreign reserves
• Pro-business government with a personal income and social security tax reform agenda

Excellent Geographical Location and Infrastructure

• Situated between markets in the east (Russia and the CIS with a population of 250 million people) and in the west (with a population of over 340 million people)
• Part of the Baltic Sea Region
• Two international transport corridors, four international airports, the best roads in the Baltic States, and the highest-capacity Eastern Baltic ice-free seaport
• Nine industrial parks and two free economic zones
• Sophisticated communications – one of the best mobile phone penetrations in the world

High-quality Human Resources

• One of the most multilingual peoples in the EU - among five EU countries with the highest percentage of people speaking at least one foreign language: every third Lithuanian speaks English, and eight Lithuanians out of 10 speak Russian
• ~ 40% of the labour force with higher education
• 20% of tertiary graduates in engineering

Competitive Business Environment

• Most diversified industry in the Baltics and half of the Baltics’ total GDP
• Overall tax burden one of the smallest in the EU, one of the lowest corporate tax rates in the EU (15%)
  
• Tax incentives in two free economic zones
• Great labour quality/cost ratio: average monthly gross salary – EUR 565
• EU Structural Funds – EUR 7 bn assigned for 2007-2013

Great Quality of Life

• Mild climate, pristine nature
• The Lithuanian coast of the Curonian Spit is No. 9 among the top 100 summer destinations by the Travel supplement of the British Sunday Times
• World-class entertainment and leisure services
• Easily accessible social services
• Western outlook to life

Lithuania invites foreign businesses to use the opportunity to expand their activities to the booming Lithuanian market and to join the conglomerate of many big corporate names, such as Microsoft, IBM, Philip Morris, HP, AON, Coca-Cola, Kraft Foods, Masterfoods, Siemens, Indorama, Dalkia, Yazaki, SEB, TeliaSonera, Marzotto, Transcom Worldwide, DSV, Schenker, and many others, who are already at home in Lithuania.

Refresh your investment portfolio and discover new opportunities in a prospering Lithuanian economy!