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Lithuanian Trade Office LITHUANIA: YOUR STRATEGIC GATEWAY TO EUROPE

Lithuanian consulate

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Information on doing business in Japan, presented at International Trade Fair on 12/7/12

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Page 1: Lithuanian consulate

Lithuanian Trade Office

LITHUANIA:

YOUR STRATEGIC GATEWAY TO EUROPE

Page 2: Lithuanian consulate

Lithuanian Trade Office

Location (CIS, BSR, EU)

Talent Pool

ICT Resources

Logistics Infrastructure

Business Climate

Leading Industries

WHY CONSIDER LITHUANIA?

Page 3: Lithuanian consulate

Lithuanian Trade Office

Location – Easy Access To Markets/Customers

EU - 340 million

BSR -

110 million

CIS -

250 million

Established international sales channels 80% of all European freight is moved via

the 3 Pan-European transport corridors crossing Lithuania

Crossroads of North, East and West

2–3 Hour flight to most major European cities

Great geopolitical situation

Page 4: Lithuanian consulate

Lithuanian Trade Office

Workforce – Qualified, Multilingual Staff

92% of population speak at least one foreign language (EU average is 54%)

52% of population speak two or more foreign languages (EU average is 25%)

1st in the World Competitiveness Rankings in literacy2

1st in the share of female labor force in the world2

1st in the EU for completion of secondary or higher education3

23 universities, 24 colleges, 40,000 graduates per year

Page 5: Lithuanian consulate

Lithuanian Trade Office

ICT Resources

Highest fiber penetration in Europe (28%) (6th in the world)

Densest network of public Internet access points in Europe

World’s fastest download Internet (32.4Mbps)

World’s 2nd fastest upload Internet (24.4Mbps)

1st GSM penetration in Europe (147%)

92% of financial operations done via e-banking

88% declaring their income tax online

Page 6: Lithuanian consulate

Lithuanian Trade Office

Logistics Infrastructure

4 Modern international airports

Northernmost ice-free seaport on the Baltic Sea

Regionally best network of roads and highways

Logistics represents 16% of the country’s GDP

Rail line ”Saulė” - connects Lithuania and China. Deliveries arrive within 10 days

Rail line “Viking” – connects Lithuania, Belarus and Ukraine – EU border is cleared within 30 minutes

More than 700,000 m² of logistics and warehousing facilities

Page 7: Lithuanian consulate

Lithuanian Trade Office

Business Climate

Labor costs are four times lower than the EU average

Employee turnover is only ~2% in production and ~8% in service jobs

Only 9% of the employed population are are members of a trade union

5 Integrated science, R&D and business business valleys

15% Flat corporate tax rate

Tax holidays in FEZ’s

Modern and affordable office space

Page 8: Lithuanian consulate

Lithuanian Trade Office

Leading Industries

Life Sciences

Lasers and Electronics

ICT

Medical Devices

High Value-Added Manufacturing

Services

Page 9: Lithuanian consulate

Global Presence in Lithuania

Page 10: Lithuanian consulate

Lithuanian Trade Office

Web: www.lithuaniantradeoffice.com E-mail: [email protected]

Information

Assistance

Market Analysis

Partner Search

Guidance

Networking

Aftercare

Contact Us

Lithuania is a real world version of the mythical notion of Shangri-La.

Representative for the city of Akron, Ohio