Starting a small business with a Lithuanian partner

Member since 06 October 2016

monika5432Member03 June 2017 22:31:16

Hello!

I have been doing a lot of reading on starting a small business in Lithuania and I'm confused about opening a business there and having trouble finding information about starting a small business in Lithuania as a foreigner with a Lithuanian business partner. Ideally we would like to start a farm and I know a lot about farming, but I'm still learning about starting a business. I'm finding information that the business has to be operating for at least 6 months prior, employing at least 3 Lithuanians and such. Does any of this change if I open a business with a Lithuanian partner and if the business is a farm?

Any help would be appreciated. Full disclosure: I have traveled to Lithuania many times and am aware of the agriculture environment, agricultural markets, climate, the food prices, the cost of land, etc. I don't need people telling me that moving there is a big mistake, I really would just appreciate any information about starting a business in Lithuania.

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JoseAlves New member

Member since 15 April 2017

JoseAlvesNew member04 June 2017 00:56:43

Hi,
I started a management company in 2014 in Vilnius, and it was not somtehing complicated. In fact I found it very easy. The only thing that could be a litle complicated its for getting VAT number. But maybe you will not need it!
Could you be more specific about what you need would lke to know.
You can buy a company in ready made quicker but most expansive , ou create one.
Best regards
Jose Alves