Liepaja Special Economic Zone

Liepaja SEZ covers almost 65% of the city territory – around 3 000 ha – and it includes Liepaja Port, industrial territories of the city, international airport, as well as the former military base - Karosta.

More than 2000 ha of Liepaja SEZ territory is classified as “free territories”, which are available to potential investors for development of business activities.

According to the law companies which have received the status of Liepaja SEZ company are entitled to the following incentives and benefits:

Direct benefit - low tax environment:

• 80% discount of corporate income tax,
• 80% - 100% discount of real estate tax,

Indirect benefit - possibility to work in the free customs regime providing:

• 0% of VAT for construction works, communal services, supply of fuel and energy,
• exemption from customs duties and excise tax.

Until the end of 2004 LSEZ status has been granted to 27 companies. In 2004 LSEZ companies employed 4500 people – 300 workplaces more than in 2001. Average gross salary in LSEZ companies is LVL 224 per month, which is 3.5% more than in 2001.

Please visit us on Internet: