Important changes of LEZ’s Law

From 2024, national and foreign defence companies are allowed to set up in Lithuanian Free Economic Zones. 
On May 23, 2023, Lithuanian Parliament lifted a ban on those commercial activities in Free Economic Zones (FEZ) that are related to national security and defence, as well as to manufacture, storage and sale of weapons, ammunition, and explosives. The ban was in place since 1995.
The Heads of Lithuania’s major FEZ said, some foreign investors operating in the field of defence industry, have been expressing continuous interests, and the Parliament’s decision will open ways for technological innovations and progress. 


© LAFEZ visos teisės saugomos 2021