Ventspils Free Port
Ventspils Free Port is a Port Zone located in Ventspils, Latvia, established in 1997, regulated by the Free Port of Ventspils Authority.
Key Facts
| Type | Port Zone |
|---|---|
| Location | Ventspils, Latvia |
| Year Established | 1997 |
| Area | 150 hectares |
| Companies | 130 |
| Governing Authority | Free Port of Ventspils Authority |
| Status | active |
Investment Incentives
Corporate Income Tax reduced by 80% (4% rate), Real Estate Tax reduced by 80% (0.3% rate), Dividends distributed to a company in SEZ: profit tax is 4% instead of 20%, Reliefs on indirect taxes: Value Added Tax, Excise and Customs Duties
Sector Focus
Ventspils Free Port hosts businesses specialising in Manufacturing and Electronics.
About Ventspils Free Port
Freeport of Ventspils is one of EU’s special economic zones (SEZs) that stimulates all kinds of investments in production. It offers especially favourable conditions for foreign investors, with accessible infrastructure and qualified labor force. Partners are in engineering, chemical industry, wood processing, electronics, IT and others.
Frequently Asked Questions
What type of zone is Ventspils Free Port?
Ventspils Free Port is a Port Zone.
Where is Ventspils Free Port located?
Ventspils Free Port is located in Ventspils, Latvia.
When was Ventspils Free Port established?
Ventspils Free Port was established in 1997.
Who regulates Ventspils Free Port?
Ventspils Free Port is regulated by the Free Port of Ventspils Authority.
What sectors operate in Ventspils Free Port?
Ventspils Free Port hosts businesses in Manufacturing and Electronics.
What are the investment incentives at Ventspils Free Port?
Corporate Income Tax reduced by 80% (4% rate), Real Estate Tax reduced by 80% (0.3% rate), Dividends distributed to a company in SEZ: profit tax is 4% instead of 20%, Reliefs on indirect taxes: Value Added Tax, Excise and Customs Duties