Doing transport business is more effective, if transport company is registered in Lithuania, because requirements for registration and doing activity of such a company are more loyal, than in other countries of EU. Moreover taxes in Lithuania are lower, than in other European Union countries, and intervention from the state institutions are minimal.
The main advantages of transport companies in Lithuania are as following.
Transport companies in Lithuania are going out of crisis. During the crisis a lot of companies both in Lithuania, and in other countries went bankrupt and the reason for this was the decrease in demand for goods and services that also influenced the reduction of exports, both domestically and internationally.
Most of all suffered the companies that were engaged in transportation of cars, less – the refrigerated cargo carriers as the demand on perishable cargo is always stable.
However now Lithuania has emerged from the crisis and stable increases its trade turnover with other countries. The main countries for export from Lithuania are Russia (24% of total exports), Germany (13%), Belarus (10%), the Netherlands (5%) and Latvia (4%). However Lithuania is looking for new opportunities and further development of trade turnover, entering into other markets (trade development with Ukraine, Poland, Georgia etc.)
According to statistics of Lithuania, the income of road transport in 2012 was increased by 13% if compared to 2011, the number of vehicles increased by 3597 and reached 48332, cargo turnover increased by 9%, and the volume of cargoes by 6%.
The country’s opportunities for development of transport companies are high, due to its strategic location, exit on global markets through the non-freezing port in Klaipeda, well-developed road, railway and air infrastructure, the availability of large number of huge logistics centers and warehouses, low prices for transportation services if compared to the developed Western European or Scandinavian countries.
Moreover state institutions show big loyalty for transport companies, such as Lithuania is interested in development of this sphere. That is why hard situations or problems with doing transport business appear very rarely. Furthermore tax system for doing transport business is more beneficial than in other countries of European Union, that enable you to save a large amount of money.
In order to get the right to transport goods within the European Union it is necessary to get transport license of European Union, which is issued by the State Inspectorate of road transportation for a period of 10 years.
Here is detailed information about the transport license of European Union.
Our company will help you to get a license for transportation of cargoes within the European Union, and provide you qualified and professional assistance and opportunity to buy ready formed transport company with a license.
Our company offers services of immigration to Europe, mainly immigration to Lithuania, accounting services, assistance in obtaining residence permit in Lithuania, limited company registration. With help of EUROMIG consultants you can buy new limited company, sell company, buy ready made business, etc.
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