Looking for a location to grow your business that has less red tape, is fast and convenient when it comes to making business happen, and can give you the kind of connectivity you need to succeed. Look no further than Lithuania.
Global recognition of business friendly environment
1st in the EUfor real GDP per capita growth 2000-2020Source: Eurostat, 2020
5th globallyfor digital skills availabilitySource: IMD World Competitiveness Yearbook, IMD World Competitiveness Center, 2021
11thfreest economy in the worldSource: Fraser Institute, 2020
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Fast and convenient
EU-wide recognition of Lithuania’s acceleration in e-government solutions offers a one-stop-shop for public information and services for business, a fast online system for the registration and payment of taxes, allowing the taxpayers file all tax returns electronically. An IT-based tax administration system (“i.MAS”) contributes to an effective and modern tax administration in Lithuania which in addition to 50+ Bilateral double taxation avoidance treaties ensures that business environment is both convenient and cost-effective.
6th in the EUfor e-governmentSource: Digital Economy and Society Index, 2020
1st in the CEEfor digital quality of lifeSource: Surfshark, 2021
Strong credit ratings
An improving long term outlook from international rating agencies demonstrates market’s stability:
Constant growth of incoming projects is key to ensure stable Lithuania’s economic growth. Yet the market still remains unsaturated and the potential is here to be explored.
Top 3 in Europefor attracting FDI jobs per capita across all sectorsSource: IBM Global Location Trends, IBM-Plant Location International, 2020
Ranked alongside Ireland and Denmark for its business environment, Lithuania can also guarantee a spectacular cost-to-quality ratioSource: Source: Eurostat, 2020 / Fraser Institute, 2021
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Invest Lithuania partners with clients to help deliver a soft landing and years of further growth. We’ll take care of the details while you get on with your business. We provide all the information, connections and assistance you need – from site visits to hiring your first employee.