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Optimised business costs
At Klaipeda FEZ you can set up for less, and enjoy a healthy raft of financial incentives that will help you grow your bottom line. Here’s what’s on offer:
- 0% Corporate income tax for 10 years followed by 7.5% for 6 years after. The minimum qualifying investments are 1M Eur for manufacturing operations and 100,000 Eur with 20 employees for business service companies.
- 0% real estate tax
- 0% tax on dividends for EU and DDT entities
Access to EU and national business support grants that cover:
- 50-70% of industrial research and experimental development activities
- 50-70% of employee training
Other favourable tax conditions:
- Entities involved in an investment project are able to reduce their taxable profits by up to 50% of the acquisition costs of long-term assets as long as they meet certain requirements.
- Expenses incurred for R&D purposes can be deducted three times in the tax period when they are incurred