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Lithuania

List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentivesMore [+]Less [-]
  • The grants for establishing and retaining new jobs can be provided to foreign investors establishing companies in poorly developed regions with a high unemployment rate.
  • Non-refundable support could be provided through EU Structural funds.
Tax exemptionsMore [+]Less [-]
  • 1.5% tax relieve on land through local municipalities.
  • Investments into substantial technological improvements entitle to reduce the taxable profit down to 50%.
  • Expenses incurred by companies while carrying out/acquiring R&D can be deducted from taxable income thrice.
  • Entities carrying out R&D projects can claim 50% of the project’s cash capital expenditures as a tax deduction in the first year with four year loss carry forward.
  • Tax exemptions* in FEZs:
  1. No RE taxes.
  2. 6 years 0% CIT rate and 50% of the rate for the following 10 years.
  3. No taxes on dividends.
Property assistance / other fiscal incentiveMore [+]Less [-]
  • Companies investing into R&D can write-off the acquisition price of fixed assets used in the R&D activities thin two years.
  • The support programme Invest LT+ subsidize the costs of development of long-term assets (engineering and installation of communications networks, buildings, etc.) and tangible fixed asset acquisition, connection to the utilities and land, buildings, facilities and equipment rental.
  • The support programme Intellect LT+ subsidizes building R&D infrastructure (including construction costs); maximum support intensity level is 70%, 60% or 50% for small, medium and big companies respectfully.
  • The programme Intellect LT supports R&D activities (including depreciation costs of R&D instruments, equipment and buildings); maximum support intensity level for development activities is 45-60 %, 35-50% and 25-40% for small, medium and big companies respectfully.
  • The programme InfoCluster provides support for the construction of R&D facilities.
Training and labor market assistanceMore [+]Less [-]
  • Local Labour Exchanges provide grants for establishing and retaining new jobs in poorly developed regions with a high unemployment rate.
  • The Invest LT+ programme provides support to investment projects and may subsidize the following expenditures:

o Labour cost expenses;

o Special training costs of employees.

  • The Intellect+ programme supports R&D personnel costs.
  • The InfoCluster programme can reimburse a part of training infrastructure buildout costs.
Loan guarantees, cheap loans or financeMore [+]Less [-]
  • INVEGA issues guarantees to credit institutions up to 80% of the loan granted to the enterprises for the financing of the working capital. (conditions apply)
  • OCF is a financial engineering facility of INVEGA Fund implemented as an open credit fund for financial intermediaries who grant credits to SME. (conditions apply)
Exemptions from regulations
Target sectorsMore [+]Less [-]
  1. Services (logistics, R&D, business services)
  2. High-tech industries (cleantech, biotech, ICT)
  3. Traditional industries (engineering, chemics, plastics, food industry)
Sectors specific incentives

Sponsorship

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