1) Open Company in Schengen countries
Lithuania (Schengen Country)
Opening a business in Lithuania offers several advantages for clients, including:
Favorable Tax Environment: Lithuania offers competitive corporate tax rates, starting at 15% and potentially dropping to 5% for small businesses. Additionally, there are various tax incentives and exemptions available for specific industries and activities.Skill Shortages
Access to the EU Market:
As a member of the European Union, Lithuania provides businesses with seamless access to the single market of 27 countries. This allows for easier trade, investment, and movement of goods and services within the EU.
Skilled Workforce:
Lithuania has a well-educated and skilled workforce, particularly in the fields of technology, engineering, and finance. This can be beneficial for businesses seeking to establish operations in the country or hire remote workers.
Business-Friendly Environment:
Lithuania has implemented various reforms to create a business-friendly environment, including simplifying regulations, streamlining administrative procedures, and providing support for startups and SMEs.
Strategic Location:
Lithuania is strategically located in Northern Europe, offering easy access to other Baltic countries and Scandinavian markets. This can be advantageous for businesses looking to expand their operations in the region.
Stable Economy:
Lithuania has a stable economy with low inflation and a growing GDP. This provides a secure environment for businesses to operate and grow.
Digital Infrastructure:
Lithuania has invested heavily in its digital infrastructure, making it a leading country in terms of internet speed and connectivity. This can be beneficial for businesses that rely on technology and digital services.
Overall, Lithuania offers a compelling package of benefits for businesses looking to establish or expand their operations in Europe. Its favorable tax environment, access to the EU market, skilled workforce, and business-friendly environment make it an attractive destination for entrepreneurs and investors.