Akmenė Free Economic Zone

Akmenė Free Economic Zone (FEZ) is a special economic zone located in Akmenė, Lithuania. It is 98.6 ha area,[1] which was established in 2012 and managed by UAB Akmenės laisvoji ekonominė zona since 2018.[2]

Akmenė Free Economic Zone
TypeUAB
IndustryFree economic zone. Specializing in wood, construction, energy, logistics and other industries
Founded2012. Operations started in 2019
Headquarters
Ryto g. 4, Menčiai, Akmenė district municipality, Lithuania
,
Lithuania
Key people
Lina Mockutė, CEO
OwnerAkmenės laisvoji ekonominė zona, UAB
Akmenė FEZ territory

FEZ companies

Since 2019, more than 300 million euros were invested at Akmenė FEZ by companies operating in areas of wood, construction component manufacturing, energy and other industries. In 2022, the total turnover of Akmenė FEZ investors reached 62,1 million euros. [3]

As of 2023, Akmenė FEZ hosts:

  • Klaipėdos mediena - wood veneer panel manufacturer
  • VMG Akmenės baldai - furniture manufacturer
  • VMG Lignum construction - wooden construction material manufacturer
  • VMG Service Akmenė - process automation and equipment maintenance service provider
  • Rietuva - energy provider

Infrastructure

The free zone features a railway line, internal road infrastructure, water and gas mains, a sewage system and a bicycle path to the city. The FEZ management company leases 0,9 - 26,3 ha land plots.

Tax incentives

TaxesUsual tax ratesTaxes FEZ %
Corporate profit tax15 %0 (first 10 years), 7,5 (next 6 years)
Real estate tax0,3 - 3%0%
Dividend tax15%0%

References

56°18′22″N 22°53′28″E

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.