Liepaja Special Economic Zone
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Liepaja Special Economic Zone (Liepajas SEZ) - is a zone in Liepaja, Latvia with a lowered tax rates, compared to the rest of the territory of Latvia. Liepaja Special Economic zone was established in 1997 for a 20-year period with the aim of developing trade, industry, shipping and air traffic, as well as international freight flow via Latvia. The goal of the Liepaja SEZ is to attract investments for the development of manufacturing and infrastructure, and creation of new jobs.
Companies with SEZ status operating in the free zone have the right to the following direct tax exemptions:
- 80% allowance on corporate income tax;
- 80% - 100% allowance on real estate tax.
The Liepaja SEZ covers approximately 3000 hectares which is almost 65% of the city territory. The SEZ territory consists of:
Port (370 ha land territory, 810 ha -aquatorium). Industrial area of the town with total area - 542.7 ha International airport with total area - 251.1 ha, it being the second largest airport in Latvia Former military base Karosta with total area approximately 2000 ha. More than 2000 ha of Liepaja SEZ territory are classified as "free territories", which are available for potential investors for development of business.
[edit] Legislation
Law on Liepajas Special Economic Zone - http://www.portofliepaja.lv/lv/mm/Law%20on%20Liepaja%20Special%20Economic%20Zone.pdf
[edit] Companies working in Liepajas SEZ
At present 30+ companies carry out their business in Liepaja SEZ:
KRASTS INVESTS, LSEZ Ltd. Sertificate SEZ No.1 (29.01.98.) Cold storage services, cargo handling
TERRABALT, LSEZ Ltd. Forwarding, ships' agency, stevedoring services, customs broker
DUNA, LSEZ Ltd.
Stevedoring services, forwarding,ships' agency.
LASKANA, LSEZ Ltd.
Wood-working industry, stevedoring services, forwarding, ship’s agency
MOLS-L, LSEZ Ltd.
Stevedoring services, cargo storage
TRANSWIDE SERVICES, LSEZ Ltd.
Stevedoring services, forwarding
LIEPĀJAS OSTA LM, LSEZ Jsc.
General/ bulk cargo terminal, forwarding agency, ship’s agency, chartering, bonded warehouse
PIEMARE, LSEZ Ltd.
Full agency, stevedoring services, cold storage
SOLO-L, LSEZ Ltd.
Bonded warehouses
LIEPĀJA TRANS STORAGE, LSEZ Ltd.
Free customs zone warehouses
LIEPĀJA BULK TERMINAL, LSEZ Ltd.
Free customs zone warehouses
KURSA, LSEZ Jsc.
Fish industry, off-shore fishing, cold storage
PUMAC LIEPĀJA, LSEZ Ltd.
Metal processing, assembling
DU CONS, LSEZ Ltd.
Wood processing
ERKE, LSEZ Ltd.
Furniture production
ELME MESSER METALURGS, LSEZ Ltd.
Technical oxygen production
BALTIC TRANSSHIPMENT CENTER, LSEZ Ltd.
Stevedoring services, distribution of grain products
E.T.B., LSEZ Ltd.
Metal processing, tile production, Road transportation
RT metāls, LSEZ Ltd.
Metal processing
SCAN-PLAST, LSEZ Ltd.
Production of plastic goods and chemical materials
EUROSTEEL, LSEZ Ltd.
Metal processing
GLEN OIL, LSEZ Ltd.
Stevedoring services
DG Termināls, LSEZ Ltd.
Stevedoring services
PK- Invest, LSEZ Ltd.
Fish industry
KOLUMBIJA LTD, LSEZ Ltd.
Fish industry
LESJOFORS SPRINGS LV, LSEZ Ltd.
Metal processing
DAN STORE, LSEZ Ltd.
Cargo storage
PLUS PROCESS LIEPAJA, LSEZ Ltd.
Production of electronic benchboard
BALTIC TIMBER PRODUCTS, LSEZ Ltd.
J.J.STAL, LSEZ Ltd.
Metal processing
Baltic Timber Industries, LSEZ Ltd,
Wood processing
AE Partner
Hidrolat
IG Baltic
IG Latvia
Transit Service
[edit] External links
Official website
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