Akmenė Free Economic Zone

Akmenė Free Economic Zone is a special economic zone located in Akmenė, Lithuania. It is 98.6 ha area,[1] which was established in 2012.[2]

Akmenė Free Economic Zone
TypeUAB
IndustryTax free zone. Logistics, warehouse, manufacturing, industry
Founded2012 m.
Headquarters
Liepu str. 68, LT-92100 Klaipeda
,
Lithuania
Key people
Marius Adomaitis, CEO
OwnerAkmenės laisvoji ekonominė zona, UAB

FEZ companies

A furniture holding Vakarų medienos grupė (VMG) will invest 140M EUR to build a new particle board factory in 2020 and a new furniture production facility at a later stage. [3]

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. Law of Akmenė Free Economic Zone
  3. "Lithuania's wood industry group VMG set to invest EUR 180 mln in Akmene". Retrieved 17 November 2018. Vakaru Medienos Grupe (VMG), one of the largest wood and furniture groups in the Baltics, is set to invest 140 million euros in the northern Lithuanian district of Akmene, with plans to build a new particle board factory in 2020, the district's mayor said.


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