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JOINT VENTURE AGREEMENT

JOINT VENTURE AGREEMENT

When the two companies come together and share the resources and the capital for one mutual benefit then in that case the two entities are set to Jointly venture on a Project. The group of individuals or the companies can collaborate for the mutual benefit in a particular project and the agreement between them creates the mutual obligations of both the parties to the agreement making this contract a legally binding agreement.

ADVANTAGES OF JOINT VENUTRE AGREEMENT

  1. It is created for a particular task or a project and it can be done at a low cost so for the small scale industries it is beneficial to execute a JV Agreement.
  2. It creates a completely different entity and the existing entity is not at all affected by the JV.
  3. It provides a way to exit for the business and an opportunity to enter into a new business in which less financial commitment is required.
  4. It helps the company achieve expertise in the project where it might not have gained the expertise before.
  5. It helps the business excess new markets
  6. It helps the company operate the business in a different project with the continuing business existence of their present entity.
  7. It creates a new legal entity with low costs and low risks.

 

5999/-

STANDARD PRICING

  • CREATE JOINT VENTURE AGREEMENT¬†