Business Environment at a Glance
- 3 days start up time for new businesses / Centre of Registers, 2015
- Tax treaties with 50 major markets including the USA, China and Russia / Ministry of Finance, 2015
- 0% tax rates for 6 years in special Economic zones and 50% profit tax deduction afterwards / Ministry of Economy, 2015
- Triple tax deduction for R&D / State Tax Inspectorate, 2015
We’ll give you the safety and support you need to grow your operations
We understand that a strong business needs a strong environment in which to flourish. That’s why over the last few years we have implemented a number of measures that help businesses get up and running quickly and without fuss. And it’s paying off; Lithuania has jumped eleven places since 2013 for the ease of starting a business to 8th place globally in the World Bank’s Doing Business Report. Our government understands the benefits of investment and is more than ready to provide you with the support you need, and our modern dynamic business sector is fully EU compatible. What’s more, with tax treaties with 50 major markets including China, Russia and the USA, our business environment is truly global in its reach.
Doing business in Lithuania couldn’t be easier
With start-up times of just three days and e-signature company registration, you can be operational in no time. What’s more, all our laws are fully EU compliant, giving you the added security of a safe and transparent legal framework.
Once you’re established, you’ll find that there are a number of incentives available to help you grow, and with Corporate Tax four times lower than EU average you’ll be able to optimize your margins.
Lithuania is also home to seven special economic zones which offer lucrative 0% tax breaks on corporate tax, dividends and real estate, as well as world class infrastructure and ancillary services. The Kaunas Free Economic Zone and Klaipeda Free Economic Zone can also offer the added bonus of air and sea links.
What’s more, in Lithuania we also place particular emphasis on creativity and innovation, which is why if your company is focused on innovation and new technologies you can also benefit from triple tax deductions on R&D expenses and up to 50% reduction on taxable profit.
For further business essentials please see the tabs below ↓