Facts about business

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Facts about business

BUSINESS
No. 14
We are 14th by foreign language skills.
BUSINESS
No. 20
We are 20th in the world by possibilities to engage in business activities.
BUSINESS
No. 1
Lithuania is the first in the Central and Eastern Europe for university-industry collaboration in R&D.
BUSINESS
No. 7
Lithuania ranks 7th globally for business adjustment to market changes.
BUSINESS
0 %
Corporate income tax rate is applied in free economic zones for the first 6 months.
BUSINESS
No. 11
We are 11th in the world by labour productivity.
BUSINESS
No. 7
We are 7th in the world by flexibility and adaptability.
BUSINESS
x3
Tax relief triples for research and development activities.
BUSINESS
No. 1
We are European leaders in fibre optic internet development.
BUSINESS
x 45
Over 10 years, the average Internet speed in Lithuania has gone up by 45 times.
BUSINESS
2
Lithuania ranks second globally for entrepreneurship of managers.
BUSINESS
15 %
This is corporation tax rate applicable in Lithuania.
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