Šiauliai Free Economic Zone
Šiauliai Free Economic Zone is a special economic zone located in Šiauliai, Lithuania. It has an area of 133 ha, and a 15MW power supply capability. The zone is focused on engineering industries: metal, plastics, textiles and electronics. The FEZ is close to the airport and major roads. Originally established in 1996, it closed later and then re-opened in 2015.
FEZ companies
Dental products manufacturer Medicinos linija UAB, outdoor advertising manufacturer Reklamos diktatorius UAB, a Dutch company Formula Air, producing air filtration systems.
Tax incentives
| Taxes | Usual tax rates | Taxes FEZ % |
|---|---|---|
| Corporate profit tax | 15% | 0 (first 6 years), 7,5 (next 10 years) |
| Real estate tax | 0,3 – 3% | 0% |
| Dividend tax | 15% | 0% |
References
- ^ Įkurtos penkios naujos laisvosios ekonominės zonos
- ^ Šiauliai SEZ Law
- ^ "Šiauliai FEZ: Two Serious Investors". Retrieved 18 November 2018.
Šiauliai FEZ was established four years ago and has been operating actively for just two years but already has two serious investors. Medicinos Linija UAB, a manufacturer of odontological materials, has leased a 1.5 ha area for production purposes. Works have been started in 2018 and it is estimated that the company's investments will exceed EUR 2 million next year. The company specialises in the materials for dental treatment and prosthodontics. The demand for its products abroad has been increasing as they are relatively cheaper but the quality is very high.
External links
55°54′43″N 23°22′28″E / 55.91194°N 23.37444°E
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