Investor guide

This section lays out the main competitive advantages of doing business in Lithuania. These include cost effectiveness, a highly skilled workforce, well-developed infrastructure, macroeconomic stability and many more.

Lithuanian economic overview

EU and NATO member since 2004

Member of OECD since 2018

Globally ranked player according to The World Bank

Industrial sector accounts for 25.3% of GDP

World’s most favourable country to investment in production

TAX SYSTEM AND BENEFITS

The Lithuanian tax environment is one of the most favorable environments for the business creation.

0/15

Corporate income tax

21%

VAT

0/15

Dividends tax

15-20%

Personal income tax

For € 5 you can rent

1 sqm

Lithuania

5 sqm

Poland

2 sqm

Sweden

Income tax credit

Corporate profit tax 0% the first 10 years

(activates after investing over 1mln. Eur)

Real estate tax 0%

Corporate profit tax 7.5% the next 6 years

Dividend tax for foreign shareholders 0%

VAT standard

5-21%

Currency exchange

Unlimited

Incentives for investors

As a member State of the European Union, Lithuania implements EU regional funding for economic and social development.

The largest financial instruments from which Lithuania receives EU financial assistance are EU funds: For the current EU funding budget. Through EU funds, direct support is available for both local and foreign capital companies.

European Social Fund (ESF), European Regional Development Fund (ERDF) and Cohesion Fund (CF).

place of the World’s most Free Economies

According to the World Bank’s report Doing Business, Lithuania ranks among top of the world’s economies. Also, the latest rankings for trade freedom around the world by the Heritage Foundation – the Index of Economic Freedom, demonstrate a strong correlation between trade freedom and a number of positive indicators, for example, economic prosperity, low poverty rates, and clean environments. The Index of Economic Freedom, measuring the impact of liberty and free markets, placed Lithuania in 16th place of the world’s most free economies.

Investor guide

This section lays out the main competitive advantages of doing business in Lithuania. These include cost effectiveness, a highly skilled workforce, well-developed infrastructure, macroeconomic stability and many more.

Investment partner