Joint Venture Agreement

copy

5000+ Documents delivered

stars

Trusted By 1000+ Businesses

Joint ventures are a partnership undertaken by companies for running a business or a project to achieve a commercial objective. The nature of the joint venture depends on the requirements of the parties. A Joint Venture Agreement states the terms and obligations of the members in the joint venture.

2,000+ ezyLegal verified experts

Senior Corporate Lawyers with 15+ years of experience


100% Satisfaction Guaranteed

Dedicated Lawyer Available

Fastest Delivery, Lowest Price

Document draft - Customize

icon

60 minutes Talk time with Lawyer

icon

First Draft delivered within 3 working days

icon

2 Iterations for Document changes

₹ 3499

₹ 5835

40% off

Document Review

icon

60 minutes Talk time with Lawyer

icon

Document review and consult with the Lawyer

icon

Redline version delivered within 8 working hours

₹ 2499

₹ 4165

40% off

Document draft - Customize

icon

60 minutes Talk time with Lawyer

icon

First Draft delivered within 3 working days

icon

2 Iterations for Document changes

₹ 3499

₹ 5835

40% off

Document Review

icon

60 minutes Talk time with Lawyer

icon

Document review and consult with the Lawyer

icon

Redline version delivered within 8 working hours

₹ 2499

₹ 4165

40% off

quote_logo

If you have questions regarding our products, speak to our team of Legal Experts.

How to get a Joint Venture Agreement drafted

  • Select Document

    Choose your required Document

  • Schedule Call with the Lawyer

    Schedule Call and discuss with the Lawyer your Document drafting requirements

  • Get your Agreement Draft

    Lawyer will deliver customized draft of the Document as per your requirement

description_black_24dp
Arrow pointing to next blockArrow pointing to next block

Select Document

Choose your required Document

phone_forwarded_black_24dp
Arrow pointing to next blockArrow pointing to next block

Schedule Call with the Lawyer

Schedule Call and discuss with the Lawyer your Document drafting requirements

task_black_24dp (1)

Get your Agreement Draft

Lawyer will deliver customized draft of the Document as per your requirement

Contents of Joint Venture Agreement

  • description_black_24dp

    Scope of Joint Venture

    The joint venture agreement states the objective, purpose and defines all the relevant terms in the joint venture. The JV agreement identifies the original party and investing party.

  • done_all_black_24dp

    Contribution of parties

    The JV agreement outlines the contribution of parties in the venture. The parties decide how much capital, investment is to be contributed. Usually parties contribute in the form of capital, equity, goodwill or distribution channels.

  • article_black_24dp

    Management of Joint Venture

    The parties mutually agree upon the management of venture. This clause lays down the terms related to appointment and removal of the Board of Directors. It also states the composition, remuneration and conduct of the Board of Directors.

  • done_all_black_24dp

    Financial arrangements

    This clause sets out the ratio of profit and loss sharing. The JV agreement includes all the financial arrangements like tax implication, expenses, fund allocation, investments and profit distribution.

  • done_all_black_24dp

    Force Majeure

    The JV agreement provides relief to a party who is unable to perform the obligations. This inability to fulfill obligations is due to the events that are extraordinary or circumstance beyond the control of the parties.

  • unfold_less_black_24dp

    Dispute resolution

    The JV agreement includes a dispute resolution mechanism mutually agreed upon by the parties. Joint ventures often face conflict of interest and disputes. An efficient dispute resolution mechanism saves time and litigation cost.

  • done_all_black_24dp

    Jurisdiction clause

    Multiple entities are involved in joint venture, under the jurisdiction clause the parties mutually agree upon the jurisdiction to hear, settle and determine any dispute, controversy or claim arising in the venture.

Benefits of Joint Venture Agreement

  • unfold_less_black_24dp

    In JV Agreement the parties share the risks and liabilities with the partner. Both the parties bear the losses and costs.

  • how_to_reg_black_24dp

    The JV agreement provides you secured access to market base, technology and expertise. It helps boost research and development due to availability of better resources.

  • done_all_black_24dp

    The JV agreement secures the transactions of the parties and provides the parties legal remedies in case of dispute.

Deliverables

  • schedule_black_24dp

    Dedicated Lawyer Available

    60 Minutes of Talk time with the Lawyer for discussing requirements and changes in the draft

  • description_black_24dp

    First Draft within 3 Days

    First draft of the Document will be delivered within a maximum of 3 working days

  • post_add_black_24dp

    Finalize Document

    2 Iterations per Document allowed to incorporate your suggestions/changes

Frequently asked Questions

Who is liable in a joint venture agreement?

Close

Joint ventures have a joint and several liabilities, which mean each firm, is responsible for the partnership’s actions.

When should a Joint Service Agreement be used?

Close

A JV agreement can be used when you plan to expand your business, it can also be used when starting a new project or collaboration.

Is joint venture a legal entity?

Close

In India Joint venture is recognized as a legal entity under Companies Act, 2013

I have a Joint Venture Agreement; how can I get it reviewed by a Lawyer?

Close

ezyLegal can help you get your Joint Venture Agreement reviewed and provide you with the right legal guidance. You can upload your document and schedule your Consultation with an ezyLegal Lawyer.

What is the process of getting the Agreement drafted from ezyLegal?

Close

ezyLegal offers Standard and Customized Document drafts. If you chose the customized Document option, your call will be scheduled with a Lawyer to whom you can explain your specific requirements. The first draft will be delivered within 2 working days and then you would be allowed 2 iterations to make changes in the draft.

How will the Document be delivered to me?

Close

The Document when ready will be available on the ezyLegal website (www.ezylegal.in) in your secured Account. You will be notified on email and WhatsApp whenever a new version of the Document is uploaded. You can Log-in and View or Download the document. Copy of the documents delivered by ezyLegal will always be available in your ezyLegal account forever.

what is a Joint venture agreement?

Close

The term joint venture is most commonly used to describe an arrangement where two (or more) businesses come together to create a joint venture business. Any kind of collaboration between two companies could be described as a joint venture. After discussing their needs and demands, the companies come to an agreement on the terms of the joint venture. To document these terms, they draft joint venture agreement. This joint venture contract covers topics like their objectives, requirements for individual contribution, commercial commitments and the duration of the joint venture contract.

How do I draft a joint venture agreement for construction?

Close

There are many details that must be included in a joint venture contract, such as the date of commencement, the date it ends and the terms and conditions that the parties are bound by. As this is a very elaborate and complex process, it is recommended to seek professional help for your drafting requirements. With the help of ezyLegal’s team of lawyers, you can get your draft for joint venture agreement for construction done in no time with minimal hassle.

Why Choose Us

Reliable & Trusted

Over 3,000 five star reviews from our customers

Fast & Easy

Get legal contracts drafted from expert corporate lawyers. Agreement drafts are delivered within a maximum of 2 days

Secure & Confidential

Documents and information are always kept private. Information shared with the lawyer are 100% confidential.

Reviews

4.7

4.7


  • Vikram Saxena

    I was searching online for a Lawyer to draft my Joint Venture Agreement. That’s how I found ezyLegal. The service is prompt and quick. My Agreement needed minor changes here and there. The Lawyer whom I consulted made the changes and I was able to finalize my draft.
  • Mayur Makhani

    The service is convenient and easy to follow and access.
  • Prashant Bokade

    The consultation happened on time, and the advice given by the lawyer was very good. I would recommend ezyLegal to get your legal documents reviewed.
  • Harsh Verma

    The Lawyer heard my requirements patiently. She was soft spoken and explained everything to me regarding the agreement draft that I wanted to finalise before signing.

Still have Questions?

Ask ezyLegal Expert

If you have any questions related to the product, Chat with an EzyLegal expert

Ask an expert

Call our Agent at +91-85 8888 7480

Monday - Saturday: 9AM - 9PM

Sunday: 9AM - 2PM

Related Services

Franchise Agreement

Franchise Agreement is a contract where a Franchisor consents to grant the usage of brand name or company processes or the company product to the Franchisee

₹ 4999

₹ 8335

Learn More

Service Agreement

The Service Agreement is a contract made between a client and a contractor (or a service provider) in which terms of service delivery are defined along with the commercials.

₹ 3499

₹ 5831

Learn More

Memorandum of Understanding

Memorandum of Understanding, or MOU, is defined as an agreement between parties and can be bilateral (two) or multilateral (more than two parties).

₹ 2999

₹ 4998

Learn More

Power of Attorney

A power of attorney (POA) is a written authorization letter given to another person or organization to manage a person’s financial, medical and private affairs.

₹ 3499

₹ 5835

Learn More

Hi there 👋!

How can I help you?

whatsapp