IN +91 9811100282 / +91 9594014443
info@paylineclear.com

Business Environment

Doing business in Lithuania couldn't be easier

With start-up times of just three days and e-signature company registration, you can be operational in no time, and with Lithuania ranked 1st in the EU for use of eGovernment solutions, you don’t need to waste time and money on needless bureaucracy. What’s more, all our laws are fully EU compliant, giving you the added security of a safe, transparent legal framework.

Once you’re established, you’ll find that there are a number of incentives available to help you grow, and with Corporate Tax four times lower than EU average you’ll be able to optimize your margins.

Lithuania is also home to seven special economic zones which offer lucrative 0% tax breaks on corporate tax, dividends and real estate, as well as world class infrastructure and ancillary services. The Kaunas Free Economic Zone and Klaipeda Free Economic Zone can also offer the added bonus of air and sea links.

What’s more, in Lithuania we also place particular emphasis on creativity and innovation, which is why if your company is focused on innovation and new technologies you can also benefit from triple tax deductions on R&D expenses and up to 50% reduction on taxable profit.