Business environment

Fast - tracking your business success

Looking for a location to grow your business that has less red tape, is fast and convenient when it comes to making business happen, and can give you the kind of connectivity you need to succeed. Look no further than Lithuania.

Global recognition of business friendly environment

  • GDP Growth
    1st in the EU
    for real GDP per capita growth 2000-2020
    Source: Eurostat, 2020
  • Technical Skills
    5th globally
    for digital skills availability
    Source: IMD World Competitiveness Yearbook, IMD World Competitiveness Center, 2021
  • 11th
    freest economy in the world
    Source: Fraser Institute, 2020
  • Doing Business
    Ease of Doing of Business

    1-3 days to start a new business.

    Source: Centre of Registers, 2021

    3rd place in the CEE for business set up procedures.

    Source: Economic Freedom of the World, 2021

  • Less Red Tape
    Less red tape

    6th in the EU for ease of paying taxes

    Source: PwC Paying Taxes 2020

    8th in the EU for digital public services for businesses

    Source: The Digital Economy and Society Index, European Commission, 2020

    committed to putting legislation in place