Free Economic Zones With Tax Benefits And One-Stop-Shop Services
Lithuania’s two free economic zones are located in the country’s economically important centres and provide favourable conditions for developing business activities by offering prepared industrial sites with physical and/or legal infrastructure, support services, and tax incentives.
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Free Economic Zone
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In
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No real estate taxes
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1% from real estate value annually
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6 years exemption from corporate income tax following the date of investment and
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15% corporation tax
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50% discount for the following 10 years- for companies that have invested more than EUR 1 million.
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No taxes on dividends paid to foreign investors
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15% on dividends
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Klaipėda Free Economic Zone (Klaipėda FEZ, www.fez.lt) was identified in the European Union Transport Infrastructure Needs Assessment (TINA) programme as a site for the establishment of a logistic centre, forming part of a European-wide network of such centres. With superb road, rail and sea access Klaipėda forms the hub of a multi-modal transport network. Klaipėda FEZ occupies a strategic location that is ideal for companies looking to relocate or expand production, to establish centres of packing and distribution, and minimise logistic problems. All necessary infrastructure is installed at the 205-hectare site.
For more information on Klaipėda FEZ please see www.fez.lt.
The Kaunas Free Economic Zone (Kaunas FEZ, www.ftz.lt) is a site of 534 hectares located in Kaunas, the second biggest Lithuanian city with a population of 412,639 inhabitants and one of the major industrial cities in the Baltic area, and is planned to become one of the largest free economic zones in the Baltic Sea Region. The Kaunas FEZ is located on the intersection of the Via Baltica, a European priority transport corridor connecting Helsinki, Saint Petersburg and Warsaw and the East-West highway linking the Port of Klaipėda to Russia and Ukraine.
For more information on the Kaunas FEZ please see www.ftz.lt.
One of the world’s leading plastic products manufacturers, Indorama of Thailand; the world’s largest manufacturer of wire harnesses, Yazaki; Finland’s biggest construction company, YIT; and other companies have chosen Lithuania’s free economic zones as the best places for their business expansion.
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Free
Economic
Zones
Industrial parks
(2008-2009)
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