Stable economic environment
Foreign investments need stable environment enabling foreign investors to gather momentum without any barriers in Lithuania. The World Bank’s Doing Business Report ranks Lithuania 21st among 190 countries, and 10th among the EU member states. Lithuania ranks second for property registration and 6th for contract execution in the global rankings.
A dynamic and advanced Lithuanian business sector complies with all the EU standards. Lithuania has signed agreements for the avoidance of double taxation with 53 largest markets in the world, including China, Russia, and US.
Effective legal system
Starting a business in Lithuania is easy. A company can be established in only 3 days time and it can be registered via e-mail with such ease that companies starting their activities in Lithuania can start operating instantly. We are among the leading countries in the EU in terms of the opportunities offered by e-government, thus our legal system is attractive for investors due to its security and transparency.
Special Economic Zones
Lithuania has seven free economic zones offering 0% tax rate for profit, dividend and real property taxation during the first 6 months, high-level infrastructure, and auxiliary services. Free economic zones in Kaunas and Klaipėda offer an opportunity to make use of air and sea transport.
Lower tax rates for research
Foreign investors have an incentive to carry out scientific research: R&D costs are deducted from income three times.