Palace of the Grand Dukes of Lithuania Palace of the Grand Dukes of Lithuania The Palace of the Grand Dukes of Lithuania (; ) is a palace in Vilnius, Lithuania. It was originally constructed in the 15th century for the rulers of the Grand Duchy of Lithuania and the future Kings of Poland. The palace, located in the lower castle of Vilnius, evolved over the years and prospered during the 16th and mid-17th centuries. For four centuries the palace was the political, administrative and cultural centre of the Polish–Lithuanian Commonwealth. It was demolished in 1801. Work on a new palace started in 2002 on the site of
Lithuania lowest in the EU. The country has the lowest implicit rate of tax on capital (9.8%) in the EU. Corporate tax rate in Lithuania is 15% and 5% for small businesses. 7 Free Economic Zones are operating in Lithuania. Information technology production is growing in the country, reaching 1.9 billion euros in 2016. In 2017 only, 35 Biggest companies in Lithuania in 2016, by revenue: Agriculture in Lithuania dates to the Neolithic period, about 3,000 to 1,000 BC. It has been one of Lithuania's most important occupations for many centuries. Lithuania's accession to the European Union in 2004 ushered in