Faster bureaucratic processes = more time for business:
Overhead costs
Real estate - high quality at affordable prices. At the end of 2020, the office vacancy rate in Vilnius reached 6.7%, as compared to 3.4% the last year prior. Half of vacant premises are Class A offices.
Source: Newsec Vilnius office outlook, 2020 Q4
Corporate profit tax: 15%*
VAT: 21%
Dividends (withholding tax): 0/15%
Personal income tax: 20%
Social security tax:
Real estate tax:
Land tax:
Among the lowest prime rents in the EU:
Monthly office space rental prices (€/m2):
Monthly warehouse space rental prices (€/m2):