Liepāja Special Economic Zone
Liepāja Special Economic Zone (Latvian: Liepājas SEZ) - is a zone in Liepāja, Latvia with a lowered tax rates, compared to the rest of the territory of Latvia. Liepāja 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 Liepāja 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 Liepāja SEZ covers approximately 30 km² which is almost 65% of the city territory. The SEZ territory consists of:
- Port (3.7 km² land territory, 8.1 km² - aquatorium).
- Industrial area of the town with total area - 5.427 km²
- Liepāja International Airport with total area - 2.511 km², it being the second largest airport in Latvia
- Former military base Karosta with total area approximately 20 km².
More than 20 km² of Liepāja SEZ territory are classified as "free territories", which are available for potential investors for development of business.
Legislation
Law on Liepāja's Special Economic Zone - http://www.portofliepaja.lv/lv/mm/Law on Liepaja Special Economic Zone.pdf
Investments
Companies working in Liepājas SEZ
As of 2007 more than 30 companies carry out their business in Liepāja SEZ:
KRASTS INVESTS, LSEZ Ltd. Certificate SEZ No.1 (29.01.1998) 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 zonewarehouses
KURSA, LSEZ Jsc. Fish industry, off-shorefishing, 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
Caljan Rite-Hite Latvia
Kohsel
External links
Coordinates: 56°32′N 20°59′E / 56.533°N 20.983°E