As a free economic zone (FEZ), Kedainiai offers significant tax benefits and growth opportunities for businesses in the electronics industry. The infrastructure of the industry park is very well-developed, making it an ideal location for setting up or expanding an electronics business, relocating manufacturing, accessing new markets.
In addition, Kedainiai is located almost at the very geographic center of both Lithuania and Europe. This provides equal opportunities to access and reach almost every single European market within 5 days of cargo travel by road or less.
There is also a convenient access to the industry park via rail, making long distance cargo transport much more cost-efficient. For those that are interested in or already do business on a global scale, beyond the electronics industry in Europe, it is worth knowing that Kedainiai free economic zone is within close proximity to both air and sea ports. In today’s fast-paced business environment, having so much flexibility to manage your supply chain and logistics operations is a great benefit, attracting investment to our industry park from both local and international companies.
The free economic zone status means that businesses located here can enjoy a favorable tax regime and attention from the local municipal government. In particular, businesses in the electronics industry can benefit from an exemption from corporate profit tax for 6 years and 0% tariffs on other duties. These are yet some more reasons which make Kedainiai FEZ an attractive location for businesses looking to expand their operations or relocate manufacturing to Europe.
The infrastructure of the free economic zone is very well-developed, with all the necessary utilities like water, sewage, gas, optic cables and much more already set-up. The industry park can support both your manufacturing and office needs. You can also find a deep talent pool nearby to staff your growing business.
Let’s get in touch and we can discuss how the FEZ in Kedainiai can benefit your growth!