After restoring its independence in 1991, Lithuania has been a member of the European Union and the NATO alliance since 2004. EU’s common currency, the euro, is used in the country.

Since leaving the Soviet Union, the country has strengthened its Western identity, implemented a series of reforms and fundamentally transformed its economy. The country with the manufacturing sector generating as much as 25% of gross domestic product (GDP) is safe, free and open for investment.

The Baltic Sea and the ice-free port of Klaipėda, four international airports, one of which has the capacity to accommodate transatlantic aircraft, an extensive rail and road network, a motivated workforce, institutional support and involvement all the way from the very first contact.

Also, Invest Lithuania, the foreign direct investment agency, is actively and successfully working with investors.

If you invest at least €1 million in a fixed asset, you will pay no corporate profit tax for the first 10 years of operation and only 7.5% for the next six years. Free economic zones (FEZs) are exempt from property tax, and dividends are tax-free for foreign investors.

The tax treatment of FEZs is established at national level. Meanwhile, every FEZ operating in Lithuania is entrusted to a private operator who works directly with investors and acts as their mentor. We advise, counsel, help you choose the optimal site and provide infrastructure solutions.

The area of Šiauliai FEZ is 133 hectares, of which 20% is occupied or reserved by: manufacturer of advertising stands Reklamos Diktatorius, manufacturer of innovative dental materials Medicinos Linija, manufacturer of plastic windows Plus Windows, manufacturer of cargo/hydraulic lifts Bar Cargolift, manufacturer of upholstered furniture and accessories Vilmers. Šiauliai Airport, which has the longest runway and can accommodate transatlantic aircraft, is nearby. It is also next to important railway lines and land routes.

We believe that the greatest competition for investors’ attention takes place primarily at cross-border level. The growing flow of investment into Lithuania shows that as a country we have a lot to offer. If you like Lithuania, we suggest you take a look at what opportunities the Šiauliai/Kėdainiai FEZs can offer to your business: from general conditions to an individual approach to your needs and expectations.