Kaunas FEZ, Lithuania

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Presentation about Kaunas Free Economic zone

Presentation about Kaunas Free Economic zone

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  • 1. Europe’s Tax-free Zone Kaunas FEZ
  • 2. Location – central part of Lithuania
  • 3.  
  • 4. FEZ as Multimodal Node
  • 5. The Whole Area of the FEZ 534 ha Divided in 3 projects
  • 6. 1.Production and logistics area
  • 7. 2.Business Street
  • 8. 3.Unique project – Airpark The Area of the planned Airpark shall be 240 ha . The territory has nearly 3-kilometer-long border with the territory of Kaunas Airport enabling direct access to aircrafts and eliminating custom clearance procedures
  • 9. REASONS TO INVEST IN KAUNAS FEZ
    • Kaunas FEZ is within integrated market of EU with over 50 0 million people
    • Kaunas is traditionally industrial city with a population of around 800 thousand people in the County.
    • Skilled, efficient and non-expensive labour force. The biggest Technological University in Baltic States is located in Kaunas
    • Kaunas FEZ is very well positioned at the crossroad of European multimodal transport corridors
    • The Free Zone offers substantial tax advantages
  • 10. Tax Incentives
    • The corporation tax rate in Lithuania for 2010 is 15%, one of the lowest rates of the EU. The FEZ customers enjoy the following tax incentives:
    • Investors of at least EUR 1 million are subject to:
      • No corporation tax during the first six years
      • Only 50% of Lithuanian corporation tax over the next ten years
    • No real estate taxes
    • Withholding tax exemptions for repatriated dividends
  • 11. Thank You for Your attention