JOINT VENTURE

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ABOUT JOINT VENTURE

Joint ventures are often understood as technical and financial cooperation in the form of projects, acquisitions or alliances with existing companies. Joint venture companies of India usually consist of two or more persons/companies, one of which may be a non-resident, these companies combine to form a limited liability company. private/public of India, holding the agreed share capital. The joint venture agreement essentially provides for the manner in which the shareholders of the joint venture may transfer or dispose of their shares. Joint ventures may exist in the form of a corporation, partnership, or a partnership agreement A joint venture agreement is a legal document in which two or more entities combine to do business or carry out an economic activity together. The parties agree to form a new legal entity by providing equity and sharing in income, expenses and control of the business in proportion to their share of capital. The Company may be involved in a particular project or an ongoing business relationship.

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Frequently Asked Questions

  • Is it mandatory to have a written agreement ?

    You can form joint venture with a written agreement as advisable. It always give some advantages like how parties share profits & losses, take decisions and spell out details of purpose of joint venture

  • Who will be part of the Joint Venture ?

  • What is a Joint Venture ?

  • Why Form a Joint Venture ?

  • What assets can be put into Joint Ventures ?

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