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Structure and Contacts

Ministry contacts

Gedimino Ave. 38, 01104 Vilnius, Lithuania
Phones: +370 706 64 845 / +370 706 64 868
Fax: 8 706 64 762
E-mail: kanc@eimin.lt

News

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2020 03 12
The EU investment framework for business will be more flexible due to adverse effects of coronavirus

The Ministry of the Economy and Innovation, together with the Lithuanian Business Support Agency (LVPA), has foreseen that due to coronavirus-related risks for business and the economy flexibility will be ensured in the implementation of the EU investment requirements for business.

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2020 02 10
More favourable conditions for investment in start-ups

Since 2020, an amendment to the Corporate Tax Law initiated by the Ministry of the Economy and Innovation has entered into force, allowing Lithuanian and foreign investors to more flexibility invest in start-ups. The corporate tax relief now applies to venture capital and private equity entities which invest in both shares and convertible bonds. This...

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2020 02 05
Tax incentives to attract large investments

Today, the Government approved the proposal of the Ministry of the Economy and Innovation to exempt from the corporate tax obligation Lithuanian and foreign capital-based  investment project promoters which will invest at least EUR 30 million and will create at least 200 new jobs. This amendment to the Law on Corporation Tax will facilitate the development...

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2020 01 31
Lithuania and Turkey will discuss economic cooperation

Today, representatives of Lithuania and Turkey will discuss prospects for economic cooperation. During the first meeting of Turkey-Lithuania Joint Economic and Trade Commission (JETCO), consideration will be given to promoting trade growth and  establishing links between large and also small and medium-sized enterprises.