Liepāja Special Economic Zone
Liepaja Special Economic Zone (Latvian: "Liepājas SEZ") – is the only special economic zone in Baltics consisting of seaport, industrial area and international airport. Liepāja Special Economic zone was established in 1997 to develop port operations, cargo handling, logistics, manufacturing and air transportation. The goal of the Liepāja SEZ is to attract investments for the development of the port and manufacturing and creation of new working places. Operations. Companies with SEZ status operating in the free zone have the right to the following tax exemptions: Direct tax rebates Indirect tax reductions The Liepāja SEZ covers approximately which  is almost 65% of the city's territory. The SEZ territory consists of: There are various business and industrial parks (VOBP, Liepaja Business Center, Lauma, Karosta Industrial Park, etc.), providing production facilities for business companies within the Liepaja SEZ territory. Legislation. The Liepaja SEZ was established by the Special Economic Zone Law on the Liepaja Special Economic Zone. The Liepaja Special Economic Zone territorial borders are specified in the Appendix to the aforementioned Law. The Liepaja SEZ is also subject to the Law on Ports of Latvia. Achievements and recognitions. In 2019, the fDi Magazine, which is the flagship publication  for the fDi Intelligence portfolio, and is a publication from the Financial Times, granted the below mentioned awards to the Liepaja Special Economic Zone Authority: