Free Economic Zone
Kaunas airport territory borders with the Kaunas Free Economic Zone (FEZ). The zone is located on a 534 hectares site with a legal tax incentives and favourable business environment for private investors*:
- 0% corporate tax during the first six years;
- 50% of Lithuanian corporate tax (20%) over the next ten years, i.e. effective tax rate of 10 %;
- no custom duties (free territory status);
- no VAT or excise taxes (free territory status);
- no real estate taxes.
- * - an investment of at least 1 million Euros is required
There are opportunities for airlines to develop training and maintenance support bases in the Kaunas FEZ connecting the opportunity of aircraft maintenance base establishment in Kaunas airport territory.
As Kaunas embarks on the next stage of its Masterplan development, this is a good time for airlines to consider investing in operations in the Kaunas FEZ and at Kaunas airport.
Kaunas FEZ is divided into three separate areas: the business street, manufacturing-logistics area and Airpark.
Aipark is the area of 240 ha bordering with the Kaunas Airport, which enables direct access to the airfield and eliminates customs clearance procedures. This area is dedicated for aviation industry and aviation intense businesses: aircraft MRO centers, ‘in house’ production and assembly of components, air cargo and logistics bases, aviation training centers, space research entities, assembly of business jets, development of new technologies in aviation industry.
For more information contact FEZ:
mobile: +370 698 70056
tel: +370 37 399 299
fax: +370 37 399 199