|Taxes||Taxes FEZ (%)||Usual tax rate (%)|
|Corporate profit tax||First 10 years – 0, next 6 years – 7,5||15|
|Real estate tax||0||0,3-3|
The laws on FEZ and effective infrastructure utilisation make even more favorable conditions for foreign and domestic investments, and creation of new workplaces. Different tax incentives are applicable; activities in international freight transport, trade and manufacturing are developed.
Šiauliai district municipality is always ready to offer the best solutions for interested investors and is doing everything for Šiauliai district to become a regional center of mid Lithuania with the great value added industry and developed by knowledge-based economy.
Šiauliai is an industrial city with population of 105’000 inhabitants and a great accessibility. The city has a strong engineering industry and is 4th in Lithuania by GDP. There is large concentration of foreign manufacturing companies. Šiauliai is home to a University, three colleges and one vocational school. Over 2,500 students are currently studying engineering programmes.