Joint ventures are a strategic way for businesses to collaborate, share resources, and enter new markets. Whether you’re a startup or an established company, a Joint Venture Agreement protects your interests, outlines each party’s contributions, and provides a clear path for operations and exit strategies. A legally sound agreement is crucial to avoid conflicts and ensure smooth functioning of the venture.
Our Process
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Send required documents to us when asked
Stay updated until the work is finished
Receive the Deliverables Soft copy and Hard Copies
How a Joint Venture Agreement Works
A Joint Venture Agreement acts as the legal foundation of your business partnership. It outlines how the parties will operate together, how investments and profits will be shared, how liabilities will be handled, and what happens in case of disputes or dissolution. It provides legal protection and a roadmap to manage the venture effectively while maintaining the interests of all partners.
Documents Required for Joint Venture Agreement
- Identity and address proofs of all parties involved
- Business registration certificates (if entities are involved)
- Details of the joint venture objective/project
- Contribution details from each party (capital, resources, services, etc.)
- Profit-sharing ratio and financial terms
- Duration and termination clauses
- Roles and responsibilities of each party
- Board or internal resolution (if applicable for companies)
- Existing agreements or MOUs (if any)
Deliverables
- Consultation with legal experts
- Customized Joint Venture Agreement draft
- Clauses for dispute resolution, exit, and confidentiality
- Final document in printable and digitally signed format
- Two rounds of revisions (if needed)
How It Works
1
Submit Your Details
Fill out a short form or speak to a legal expert to share your joint venture’s objectives.
2
Document Collection
Share the necessary identity, business, and project details.
3
Drafting the Agreement
A legal expert will draft a customized Joint Venture Agreement based on your business goals.
4
Review and Revisions
Review the draft and request revisions if needed.
5
Final Delivery
Receive the final legally binding agreement ready for signature.
What is a Joint Venture Agreement?
A Joint Venture Agreement is a legally binding contract between two or more parties who agree to collaborate on a specific business project or goal. Unlike a merger or acquisition, each party maintains its separate business identity but agrees to contribute resources (capital, technology, labor, etc.) toward a shared objective. The agreement specifies the scope, contributions, profit-sharing, and duration of the venture.
Why Should You Make a Joint Venture Agreement?
- Clarity of Roles – Clearly defines what each partner is responsible for.
- Dispute Prevention – Reduces misunderstandings and potential conflicts.
- Profit Sharing – Ensures fair and documented distribution of profits.
- Exit Mechanism – Provides a plan for withdrawal or termination.
- Legal Protection – Shields you from liabilities arising from the partner’s actions.
- Stronger Collaboration – Builds trust and alignment through a formal agreement.
Joint Venture Agreements in India
In India, Joint Venture Agreements are common in sectors such as infrastructure, manufacturing, technology, pharmaceuticals, and retail. Indian law does not require registration of a JV agreement unless it involves property transactions or forms a separate legal entity. However, having a detailed agreement in writing is essential for enforceability in court and regulatory compliance under FEMA, Companies Act, and tax laws when foreign investments are involved.
Frequently Asked Questions
No. A joint venture is typically project-specific and temporary, while a partnership is a broader, ongoing business relationship.
Yes. The parties may choose to create a new company or LLP to carry out the joint venture, or they may simply operate under a contractual agreement.
No. However, if it involves immovable property or forms a new legal entity, it may require registration or stamp duty.
Yes. Foreign entities can enter into joint ventures with Indian companies, subject to compliance with FDI regulations and sectoral caps under FEMA.
In case of breach, the other party can seek legal remedies such as compensation, injunctions, or termination as per the terms of the agreement.
Typically, 3–5 working days after receiving all required information and documents.