Free economic zones
| Free Economic Zone (FEZ) | Area in 2012 | Planned total area | Distance to nearest international airport | Distance to Klaipėda State Seaport |
|---|---|---|---|---|
| Kaunas FEZ | 294 ha* | 534 ha | 4 km to Kaunas Airport | 228 km |
| Klaipėda FEZ | 260 ha** | 412 ha | 25 km to Palanga Airport |
7 km |
* Logistics and production area; leased plot – 32,87 ha ** Leased plot – 46 ha
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, one of the world’s largest manufacturers of building materials HEIDELBERGCEMENT and other companies have chosen Lithuania’s free economic zones as the best places for their business expansion.
With superb road, rail and sea access, Klaipėda Free Economic Zone (Klaipėda FEZ) forms part of the hub of a multi-modal transport network. It was identified in the European Union Transport Infrastructure Needs Assessment (TINA) programme as a site for the establishment of a logistics centre, forming part of a European-wide network of these centres.
Klaipėda FEZ occupies a strategic location that is ideal for companies looking to relocate or expand production, to establish packing and distribution centres, and minimise logistics problems.
For more information on Klaipėda FEZ please find atached the file and see www.fez.lt
Kaunas Free Economic Zone (Kaunas FEZ) is located in Kaunas, the second biggest Lithuanian city with a population of about 358,000 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.
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
| Tax | % regular rate | Taxes in 2 free economic zones |
|---|---|---|
| Corporate profit tax | 15 | no corporate tax during the first 6 years and only 50% of corporate tax over the next 10 years |
| Dividends | 0* to 15 | no tax on dividends for foreign investors |
| Real estate tax | 0.3-1 | no real estate tax |
*0% tax on dividends applies when an investor controls at least 10% of the voting shares in the
enterprise for the period of at least 12 months
