The perfect city
for ROI-positive
investments.
The perfect city for ROI-positive investments.
Klaipėda offers national and local government support for your investments. Benefit from one of the lowest corporate tax rates in Europe or qualify for a 0% corporate tax for 10 years.
Klaipėda is the place to make businesses go global.
Access all transport modes with 1500+ logistics companies — transport goods by sea, air, or land. You’ll also find a talent pool that’s continuously supplied by the International LCC University’s students, and by the newcomers moving to Klaipėda for the sea.
Klaipėda is the place to make businesses go global.
Access all transport modes with 1500+ logistics companies — transport goods by sea, air, or land. You’ll also find a talent pool that’s continuously supplied by the International LCC University’s students, and by the newcomers moving to Klaipėda for the sea.
Investment projects get
government support.
Green Corridor for large-scale investment projects.
This initiative provides a much faster and simpler establishment for investors. It aims at creating jobs, and in exchange for new jobs, offers tax incentives plus cuts red-tape.
- creating at least 150 new full-time jobs in manufacturing, data processing, or internet server hosting services
- investing at least €20 million CAPEX
- 0% corporate income tax for up to 20 years.
Municipality-level
support.
- An incentive for service centers. An incentive for service centers or ICT companies, that have decided to establish a branch or expand their business in Klaipėda. Up to EUR 36 000 per application, applications accepted year-round.
- An incentive for highly qualified specialist attraction to Klaipeda. Integration of the specialist and his/her family to the city, EUR 2,000 for housing rent compensation, EUR 400 for Lithuanian courses (per person) if needed.
- Green corridor for large-scale investors in Klaipėda. Businesses investing at least 3 million EUR (1 million for service projects in strategic sectors and projects in conversion territories) and creating at least 20 jobs in Klaipėda (10 jobs in service projects and projects in conversion territories) receive permits 50% faster. Learn more
- An incentive for building water management infrastructure. AB Klaipėdos Vanduo partially or fully finances the construction of shared water management infrastructure if the following requirements are met:
- a commitment to wastewater treatment services
- the creation of new jobs
- other indicators
- The Free Economic Zone. The fDi Intelligence voted Klaipėda’s FEZ the #1 FEZ worldwide for launching projects ASAP. The FlexStart programme offers to adapt production and administrative premises for your operation in under three months. Companies can also qualify for a profit tax exemption for 10 years, followed by a profit tax of 7.5%.
European Union support.
You might qualify for the EU’s funds. Use the tool below to find the relevant funds for your field of operation or reach out to virginija@klaipedaid.lt.
Facts support business
opportunities, not opinions.
TOP
The seaport load indicates Klaipėda’s port to be among the TOP 20 European ports and the TOP 5 Baltic seaports.
35.4 %
Klaipėda port holds more than a third (35.4%) of the Baltic Sea’s total cargo turnover.
HUB
HUB port provides direct entry for MSC maritime services.
Paperless
KIPIS – global port information system utilises paperless customs procedures.
Ice-free
It’s the most Northern ice-free port on the Eastside of the Baltic Sea.
LNG
LNG (liquefied natural gas) bunkering services provided.
33
Specialized terminals for universal use.
Flexible
Competitive tariffs on handling and flexible port taxes.
The tax environment.
Office space costs less here than it does in Vilnius or Kaunas. You’ll also save costs on salaries. Read below to familiarise yourself with the tax environment.
- Corporate profit tax — 15%
If you have under 10 employees and your revenue does not exceed €300,000, your profit tax will be 0% for the first year and 5% after that. - Corporate dividend tax — 15%
Unless a foreign company owns at least 10% of shares with voter rights. Then, a 0% dividend tax applies. - Value-added tax (VAT) — 21%*
For books, public transport, and hospitality services, it is 9%. For pharmaceuticals, drugs, and products that help the disabled, VAT is 5%.
- Land tax — 0.09-4% in Klaipėda.
- Real estate tax — 0.05-3% in Klaipėda.
- Employees – 20%
Or 32% if the annual income exceeds the national income average by at least 84 times. - Self-employed – 15%
But only 90% of income is taxable. - Learn more
- For employees – 21.27%* or 14.29%** of salary.
*Employer share (1.77%) and employee share (19.5%) working under an open-ended contract without accrual of pension.
**Employer share (1.77%) and foreign employee share (12.52%) with a work visa working under an employment contract.
- For the self-employed – 12.52% of 90% of taxable income (if no additional pension is accrued) and mandatory social insurance is 50.95 € / month.
- Learn more
The tax environment
Below, we explore the taxes that apply to different modes of conducting business.
- Corporate profit tax — 15%.
If you have under ten employees and your revenue does not exceed €300,000, your profit tax will be 0% for the first year and 5% after that. - Corporate dividend payout tax — 15%.
Unless a foreign company owns at least 10% of shares with voter rights. Then, a 0% dividend payout tax applies. - Value-added tax (VAT) — 21%*
For books, public transport, and hospitality services, it is 9%. For pharmaceuticals, drugs, and products that help the disabled, VAT is 5%.
- Land tax — 0.09-4% in Klaipėda.
- Real estate tax — 0.05-3% in Klaipėda.
- Employees – 20%
Or 32% if the annual income exceeds the national income average by at least 84 times. - Self-employed – 15%
But only 90% of income is taxable. - Learn more
- For employees – 21.27%* or 14.29%** of salary.
*Employer share is (1.77%) and employee share is (19.5%) working under an open-ended contract without accrual of pension.
**Or employer share is (1.77%) and foreign employee share is (12.52%) with a work visa working under an employment contract. - For the self-employed – 12.52% of 90% of taxable income (if no additional pension is accrued) and mandatory social insurance is 50.95 € / month.
- Learn more
Growing in Klaipėda.
Open investment
opportunities available
now.
- Project value (planned investment) is around €100,000,000
- PPP (public-private partnership) models are considered
- Currently in preparation for a new EU funding period
- A detailed territory plan has been prepared
- The plan is a one-stop service center for city and state residents with back offices
- Backed by the Municipality, the Ministry of the Interior, and the State Property Fund
- Could be implemented as a GPP
- The plan is a Museum of Culture, Creative Industries, and Technology
- Based on a 20 ha central area by the Dane River
- Includes municipal housing to attract talent
- Commercial premises included
- Estimated value is €15,000,000
- Service centers included
- Estimated value is €20,000,000. It’s a research and thermal health center
- Eliminates the seaside’s second housing problem
- Both private and public sectors are to be involved
- Multifunctional resort for tourism attraction
- Potential of creating a medical cluster
- Estimated value ranges from €20,000,000 to €30,000,000
- Concept and project proposals are open for submission
- A construction permit is planned by the end of 2020
- Would provide access to public water transport in the Curonian Lagoon (Connections to Dreverna, Kintai, Juodkrante, Pervalka, Preila, Nida, Klaipeda Old Town)
- Includes a plan to install a port for small boats, an intermodal transport hub
- Implements sustainable mobility at the regional level
- Allows commercial leisure and tourism
- Media center
- Will include libraries and conference halls for the university and public use
- Plans coworking study spaces
- 2,448 sq.m.
- 18 m tall
- Administrative building
- Plans a non-industrial laboratory
- Adds university auditoriums
- 5,111 sq.m
- 15 m tall
- Administrative building
- Plans a non-industrial laboratory
- Adds university auditoriums
- 2,756 sq.m
- 8-15 m tall