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Lietuvos Respublikos seimasLietuvos Respublikos užsienio reiklau ministerijaVilniaus Universiteto Orientalistikos centrasIndijos - Baltijos Prekybos rumaiIndoramaIndijos ambasada
Lithuania for India
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Over the past few years Lithuania has become a premier location in the Baltic region for foreign investors for a variety of reasons. First of all, it’s a high-skilled, low cost alternative to production in the West and is well located for eastward-targeted businesses. Secondly, Lithuania can boast huge increases in foreign investment, as well as a stable currency and a great investment environment.

 

Lithuania welcomes foreign investors and businesses to take advantage of the special ready-for-business locations, including 2 free economic zones (FEZ), 4 industrial parks (IP)  and 5 integrated science, studies and business centres (valleys).

 

Strengths of the market

  • Lithuania is strategically well located, granting an easy access to the markets of Western Europe, Nordic Region and Commonwealth of Independent States, not to mention the rest of the Baltic region.
  • Lithuania’s transport infrastructure is well developed: there are trans-European network corridors, three international airports, ice-free sea and more than 550,000 m2 of logistics and warehousing facilities.
  • Fully-fledged membership in NATO and European Union results in politically stable and economically free market.
  • Information technologies are up-to-date.
  • Lithuania is among the most multilingual and most educated countries of the EU.
  • Wage level is very competitive compared to other European markets.
  • Lithuania has an attractive tax system characterized by low and flat taxes. As of 2010, group taxation of corporate profit has been introduced, which allows groups to balance profits and losses within them, whereby losses can be transferred among different entities of a group if the controlling entity holds at least 2/3 of the shares of the controlled entity.
  • In the annual assessment of the conditions of starting and doing business published by the World Bank, „Doing Business in 2009“, Lithuania ranked 28th of 181 countries worldwide.

 

More information available at:

http://www.infolex.lt/portal/ml/start.asp?act=dobiz〈=eng&file=business.climate.html

http://www.doingbusiness.org/Data/ExploreEconomies/lithuania/starting-a-business

http://www.kwintessential.co.uk/etiquette/doing-business-lithuania.html

http://www.buyusa.gov/baltics/en/doing_business_in_lithuania.html