Joint Venture agreement

This joint venture agreement is suitable where any two
businesses join together for a specific project for a specific
length of time for the purposes of fulfilling a specific project
or business idea.

About this document

A joint venture is a business relationship where two parties pool their skills and resources for a common goal or business. Of course the businesses agree to share associated profits and risks too. There is a host of reasons for entering into a joint venture, for example: to expand the businesses, to make better use of technical expertise, to develop new products or exploit new markets.

The document has been drawn for use between individuals or partnerships, not companies. If you require a corporate joint venture agreement, see the documents linked right.

As drawn, each party is liable on its own share of profit and gets the direct benefit of any tax reliefs. This agreement ensures independence and simplicity.

Application and features

Very flexible to suit various circumstances and address all eventualities;

Suitable whether you provide goods or services;

Ready for adaptation to particular needs of either or both parties;

Suitable for both small and large ventures, whether locally or internationally;

Comprehensive provisions; no short cuts;

Drawn in plain and simple English;

Complete with explanatory notes.

Contents

Purpose of the joint venture;

Percentage of participation;

Duration and termination;

Delegation of authority;

Bank Accounts;

Accounts: maintenance and audit;

Dispute resolution;

Confidentiality;

Termination;

Appropriate legal provisions such as warranties, exclusions, indemnities and more;

Other provisions to protect your interests;

Explanatory guidance notes.

Word Count (approximate):

Document: 1600 words

Explanatory notes: 500 words

Draftsman

This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

Joint Venture agreement

Price: INR999.00

Buy Now

If you have not found a suitable document, we will be happy to quote for a special version for a very reasonable fee. It is easy and efficient. Visit our Personal Drafting Service page or Contact us