Šiauliai Free Economic Zone

Šiauliai Free Economic Zone is a special economic zone located in Šiauliai, Lithuania. It has 133 ha area 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.[1] Originally established in 1996, but closed later and re-opened in 2015.[2]

Šiauliai Free Economic Zone
TypeUAB
IndustryTax free zone. Logistics, warehouse, manufacturing, industry
Founded1996 m.
Headquarters
A. Goštauto str. 40A, LT-03163 Vilnius
,
Lithuania
Key people
Artūras Klangauskas
OwnerŠiaulių laisvoji ekonominė zona, UAB
WebsiteŠiauliai FEZ

FEZ companies

Dental products manufacturer Medicinos linija UAB, outdoor advertising manufacturer Reklamos diktatorius UAB,[3] a Dutch company Formula Air, producing air filtration systems.

Tax incentives

TaxesUsual tax ratesTaxes FEZ %
Corporate profit tax15%0 (first 6 years), 7,5 (next 10 years)
Real estate tax0,3 – 3%0%
Dividend tax15%0%

References

  1. Įkurtos penkios naujos laisvosios ekonominės zonos
  2. Šiauliai SEZ Law
  3. "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.


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