SlideShare a Scribd company logo
€6.82 billion in EU Cohesion Policy
funding for 2014-2020 has been
allocated to business support.
www.lrv.lt
Acts as a consultant for foreign
investors by setting up business
and financial support.
www.investlithuania.com
Fosters entrepreneurship, supports
the export of Lithuanian companies
and development of startups by
facilitating partnerships, providing
training and consultancy.
www.enterpriselithuania.com
The agency for Science, Innovation
and Technology helps to establish
startup companies by providing
financial support for research activities.
www.mita.lt
Promotes and provides financial
support and guarantees for the
development of small and
medium-sized businesses.
www.invega.lt
LITHUANIAN
GOVERNMENT
Lithuania at a glance
INSTITUTIONAL SUPPORT
TALENT
ECONOMY
COSTS
Numbeo Cost of Living Index 2015. All consumer price indices relative to New York City
Food Rent Consumer price
index
36.51 47.36
GDP growth
in 2014
2.9%
91.40%
of Lithuanians
have a secondary
education
53.30%
of Lithuanians
have a higher
education
50%
of Lithuanians
are fluent in at
least 2 foreign
languages
15.14
Low corporate taxes
15%
Inflation
0.2%
NYC=100
Up
to
Perfectly located at the heart of Europe, with world class ICT infrastructure
and a dedicated, highly qualified talent pool; if you are looking to expand,
let’s talk Lithuania.
Ministry of Finance, 2015
European Commission, 2014
Let’s talk Lithuania
TOP INVESTING COUNTRIES (2010 - 2014) TOP INDUSTRIES (2010 - 2014)
30%
Manufacturing
16%
19%
Other
13%
Information
Technologies
13%
USA
9%
United Kingdom
7%
Germany
35%
36%
Nordic
Countries
Other
Countries
Business
Services
13%
Shared Service Centres
9%
Sales,
Marketing &
Support
We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need
someone to:
INFORM you on business costs, labour, tax & legal settings and other business areas.
CONNECT you to partners and organise your business meetings in Lithuania.
FACILITATE the set up and launch of your company, as well as help you access governmental support.
SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems.
CIS population
Baltic region
Western Europe
340M
110M
250M
LIFESTYLE
We’ll make sure you enjoy every day spent here.
Mercer Cost of Living Index 2015 places Vilnius among Top 5 least expensive EU cities for expatriates to live in.
Vilnius is ranked by the New York Times alongside Copenhagen, Barcelona and Capetown as a hip and well managed
place to live.
•
•
TALENT
We know how to think big.
Nearly 100% proficiency in English among young professionals
Lithuania is #1 in Technological Readiness in the CEE
#1 for industry-university collaboration in the CEE
•
•
•
CONTACT US:
info@investlithuania.com Jogailos St. 4 | Vilnius LT-01116 | Lithuania www.investlithuania.com+370 5 262 7438
Financial Times FDI monitoring database, 2015 / Invest Lithuania, 2015
European Commission, 2012 / WEF Global Competitiveness Report 2014-2015
QUALITY & COSTS
We’ll help you make the most of your money.
4th lowest profit taxes in the EU
Some of the lowest office rental costs in the CEE
•
•
KPMG, 2015 / BNP Paribas European Office Market, 2014
INFRASTRUCTURE
We’ll keep you connected.
#1 in the EU for fibre-to-home penetration
4th globally in fulfilling business requirements for ICT based on IMD Global Competitiveness Index
1st in the CEE for quality of roads
•
•
•
FTTH Council, 2014 / IMD World Competitiveness Yearbook, 2014
BUSINESS ENVIRONMENT
We’ll give you supportive business conditions to grow your operations.
#2 most favourable country for investment in Europe and #16 in the World
3 days to start a new business
•
•
Foreign Policy's Baseline Profitability Index 2015 / Centre of Registers, 2015

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General Economic Facts of Lithuania

  • 1. €6.82 billion in EU Cohesion Policy funding for 2014-2020 has been allocated to business support. www.lrv.lt Acts as a consultant for foreign investors by setting up business and financial support. www.investlithuania.com Fosters entrepreneurship, supports the export of Lithuanian companies and development of startups by facilitating partnerships, providing training and consultancy. www.enterpriselithuania.com The agency for Science, Innovation and Technology helps to establish startup companies by providing financial support for research activities. www.mita.lt Promotes and provides financial support and guarantees for the development of small and medium-sized businesses. www.invega.lt LITHUANIAN GOVERNMENT Lithuania at a glance INSTITUTIONAL SUPPORT TALENT ECONOMY COSTS Numbeo Cost of Living Index 2015. All consumer price indices relative to New York City Food Rent Consumer price index 36.51 47.36 GDP growth in 2014 2.9% 91.40% of Lithuanians have a secondary education 53.30% of Lithuanians have a higher education 50% of Lithuanians are fluent in at least 2 foreign languages 15.14 Low corporate taxes 15% Inflation 0.2% NYC=100 Up to Perfectly located at the heart of Europe, with world class ICT infrastructure and a dedicated, highly qualified talent pool; if you are looking to expand, let’s talk Lithuania. Ministry of Finance, 2015 European Commission, 2014
  • 2. Let’s talk Lithuania TOP INVESTING COUNTRIES (2010 - 2014) TOP INDUSTRIES (2010 - 2014) 30% Manufacturing 16% 19% Other 13% Information Technologies 13% USA 9% United Kingdom 7% Germany 35% 36% Nordic Countries Other Countries Business Services 13% Shared Service Centres 9% Sales, Marketing & Support We are a government agency that provides free investment advice, contacts and data. Let’s talk if you need someone to: INFORM you on business costs, labour, tax & legal settings and other business areas. CONNECT you to partners and organise your business meetings in Lithuania. FACILITATE the set up and launch of your company, as well as help you access governmental support. SUPPORT your investment by lobbying for more business friendly laws and assisting in one-off problems. CIS population Baltic region Western Europe 340M 110M 250M LIFESTYLE We’ll make sure you enjoy every day spent here. Mercer Cost of Living Index 2015 places Vilnius among Top 5 least expensive EU cities for expatriates to live in. Vilnius is ranked by the New York Times alongside Copenhagen, Barcelona and Capetown as a hip and well managed place to live. • • TALENT We know how to think big. Nearly 100% proficiency in English among young professionals Lithuania is #1 in Technological Readiness in the CEE #1 for industry-university collaboration in the CEE • • • CONTACT US: info@investlithuania.com Jogailos St. 4 | Vilnius LT-01116 | Lithuania www.investlithuania.com+370 5 262 7438 Financial Times FDI monitoring database, 2015 / Invest Lithuania, 2015 European Commission, 2012 / WEF Global Competitiveness Report 2014-2015 QUALITY & COSTS We’ll help you make the most of your money. 4th lowest profit taxes in the EU Some of the lowest office rental costs in the CEE • • KPMG, 2015 / BNP Paribas European Office Market, 2014 INFRASTRUCTURE We’ll keep you connected. #1 in the EU for fibre-to-home penetration 4th globally in fulfilling business requirements for ICT based on IMD Global Competitiveness Index 1st in the CEE for quality of roads • • • FTTH Council, 2014 / IMD World Competitiveness Yearbook, 2014 BUSINESS ENVIRONMENT We’ll give you supportive business conditions to grow your operations. #2 most favourable country for investment in Europe and #16 in the World 3 days to start a new business • • Foreign Policy's Baseline Profitability Index 2015 / Centre of Registers, 2015