Šiauliai is an industrial city with a population of 105,000 inhabitants and a great accessibility. The city has a strong engineering industry and is 4th in Lithuania by GDP. There is a large concentration of foreign-owned manufacturing companies. Šiauliai is home to a university, three colleges and one vocational school. Over 2,500 students are currently studying in engineering programmes.

Šiauliai District Municipality is always ready to offer the best solutions for interested investors and is doing everything for Šiauliai District to become a regional centre for central Lithuania with its great value-added industry developing in the knowledge-based economy.

Šiauliai FEZ is designed to develop economic-commercial and financial activities. It provides exceptional preferential economical and legal conditions:

No corporate tax during the first 10 years and only 7.5% of corporate tax over the next 6 years while investing no less than 1 million Euros in fixed assets

No real estate tax

No tax on dividends for foreign investors in Šiauliai FEZ