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Eimantas Kiudulas Managing Director, Klaipeda FEZ Management Company www.fez.lt
Markets, served by existing Klaipeda FEZ companies
- Daily ferries to Sweden and Germany:
- Sweden – overnight;
- Germany – 20 hours.
EUROPEAN EXPANSION Eimantas Kiudulas Managing Director, Klaipeda - - PowerPoint PPT Presentation
EUROPEAN EXPANSION Eimantas Kiudulas Managing Director, Klaipeda - - PowerPoint PPT Presentation
LOCATION FOR EUROPEAN EXPANSION Eimantas Kiudulas Managing Director, Klaipeda FEZ Management Company www.fez.lt Markets, served by existing Klaipeda FEZ companies Daily ferries to Sweden and Germany: Sweden overnight; Germany
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FACTS & FIGURES
- Opened 2002.
- Total area of 412 ha;
- Investments €600m+ 62 companies
from 14 countries
- 2.8 % total Lithuania GDP
- 5.2 % total Lithuania export
- Private – Public partnership
- Economic project of national significance
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SUPPORT IN EVERY STEP Introduction Business model Contract Implementation Aftercare Success story
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TAX INCENTIVES IN KLAIPEDA FEZ
- f your investments
70%
Cover up to
0%
Corporate tax: Real estate tax: Tax on dividends paid to foreign investors:
Corporate tax rate 0% for 6 years, half rate - next 10 years (7.5%).
Tax incentive calculator online: http://www.fez.lt/calculator
COST- EFFECTIVE BUSINESS DEVELOPMENT LOCATION
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EU FUNDING & SUBSIDIES
- “Invest in Lithuania” provides subsidies for investment project
up to 10% of investment value
- ES structural fund support 2014 -2020 period - € 6 709,3mln.
Small & medium size businesses – €531,6 mln. Innovations – €678,9 mln. Employment stimulation –€728,6 mln.
COST- EFFECTIVE BUSINESS DEVELOPMENT LOCATION
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FREE CUSTOMS ZONE
- Zone outside EU’s customs territory.
- Goods placed within these areas are free of import
duties, VAT and other import charges.
- Time and money can be saved when buying from or
delivering to non-Community countries.
- Only one in Lithuania.
COST- EFFECTIVE BUSINESS DEVELOPMENT LOCATION
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KLAIPEDA FEZ OPTIONS
Site selection with proposed utility connection points and needed documentation Project technical design, cost estimation, planning and implementation from one hand. Allows the client to design and customize a new facility to meet unique space needs without the large up-front capital expenditure.
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4280 m2 8125 m2 11550 m2
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Company Lindström Country Finland Started 2007 Headcount 40
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720 m2 1440 m2
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3 km to the Seaport
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Area administration, maintenance, security and surveillance services Fire depot and rescue services operating within the territory Well-developed recreational infrastructure: a tennis court, football pitch and basketball court Klaipeda City public transport
FEZ community advantages
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P.IN.S Medical Origin Norway Norway Sweden Italy Activity Metal products for Oil & Gas Metal products Industrial sewing Medical devices Markets Norway, UK Norway Sweden Scandinavia, CIS
Recent cases
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KLAIPEDA HISOTRY & CULTURE RICH CITY
- Established in 1253
- 3rd largest & oldest city in Lithuania
- 1st Industrial location on the eastern Baltic’s
- 1st FEZ on the eastern Baltic’s
- 3 Universities, 5 colleges
- Klaipeda University (LT)
- LCC International University (CAN)
- Edinburgh Napier University (UK)
- Science & Technology Park
- 86 hotels in the region
- 7 theaters, including a musical theater,
- 30 traditional festivals
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THANK YOU!
Eimantas Kiudulas
Managing Director Klaipeda Free Economic Zone Pramonės g. 8, LT-94102 Klaipėda
- Tel. +370 46 235 719
- Fax. +370 46 400 014
Gsm.: +370 698 08144 eimantas@fez.lt www.fez.lt