Important numbers
11
th

Ease of starting business World ranking

24
th

Ease of doing business World ranking

3
days

Time needed to establish a business

21%
VAT
15%
Personal income tax
15%
4th lowest corporate tax in EU
1%
Real estate tax
00,1%
Land lease tax for commercial areas
30,98%
Social security tax paid by employer

Workforce

Kaunas has always been a center of industry in Lithuania. Real strength of the city is its talents. Kaunas is capable to consistently produce young, educated and highly motivated workforce which is especially suited to diverse and innovative business services – 1 out of 4 students in Kaunas study engineering related subjects, with this number increasing year-on-year.

Unemployment rate
    People employed in business service centers per 1000 residents, 2016
      Average gross salaries, EUR

          GDP per Capita, k. EUR

          As compared with the general structure of the national economy, Kaunas county has a better developed industry and construction, where 35.9% of the county’s gross value added (GVA) is generated (national average – 32.8%). By the level of entrepreneurship, Kaunas county is outpaced only by Vilnius and Klaipėda counties and exceeds the national average.

            Modern office space availability, sq. m.

            Kaunas is at the stage of substantial growth not only in business centres but residential real estate as well. However, the growth of new A class business centres is booming – a total leasable area of 60,000 sq. m. will be opened in 2017-2018.