Business environment

Fast - tracking your business success

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

  • GDP Growth
    1st in the EU
    for real GDP per capita growth 2000-2020
    Source: Eurostat, 2020
  • Technical Skills
    2nd globally
    for digital skills availability
    Source: IMD World Competitiveness Yearbook, IMD World Competitiveness Center, 2022
  • 11th
    freest economy in the world
    Source: Fraser Institute, 2020
  • Doing Business
    Ease of Doing of Business

    1-3 days to start a new business.

    Source: Centre of Registers, 2021

    3rd place in the CEE for business set up procedures.

    Source: Economic Freedom of the World, 2021

  • Less Red Tape
    Less red tape

    6th in the EU for ease of paying taxes

    Source: PwC Paying Taxes 2020

    8th in the EU for digital public services for businesses

    Source: The Digital Economy and Society Index, European Commission, 2020

    committed to putting legislation in place

  • Business oriented
    Western-minded and business-oriented

    Part of EU and NATO since 2004

    Part of the Eurozone since 2015

    Part of OECD since 2018

Business Setup

Find out why Lithuania is the best choice for your business

Check our Business set up guide

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.

  • Digital Public Services
    6th in the EU
    for e-government
    Source: Digital Economy and Society Index, 2020
  • Digital Quality Of Life
    1st in the CEE
    for digital quality of life
    Source: Surfshark, 2021

Strong credit ratings

An improving long term outlook from international rating agencies demonstrates market’s stability:

  • Fitch

    A, with a stable outlook

  • Moody’s

    A2, with a stable outlook

  • Standard & Poor’s

    A+, with a stable outlook


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.

  • Attracting FDI
    Top 3 in Europe
    for attracting FDI jobs per capita across all sectors
    Source: IBM Global Location Trends, IBM-Plant Location International, 2020
  • Cost To Quality Ratio
    Ranked alongside Ireland and Denmark for its business environment, Lithuania can also guarantee a spectacular cost-to-quality ratio
    Source: Source: Eurostat, 2020 / Fraser Institute, 2021

Want to find out more?

Download our brochure on business in Lithuania

See what else Lithuania has to offer

Contact Us

Want to know more?

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.

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Meanwhile, we invite you to discover what’s new in the Lithuanian business landscape.