JOINT VENTURE IN INDIA
A joint venture is an entity formed by two or more companies to undertake financial activity together.
The parties agree to contribute equity to form a new entity and share the revenues, expenses, and control of the company.
The venture can be for one specific project only, or a continuous business relationship.
It may be Project based joint venture or Functional based joint venture-
- Project based Joint venture- The joint venture entered into by the companies in order to achieve a specific task.
- Functional based Joint venture- The joint venture entered into by the companies in order to achieve mutual benefit.
Reasons for forming a JV-
- Risk Sharing
- Economies of Scale
- Market Access
- Geographical Constraints
- Funding Constraints
ESTABLISHING JOINT VENTURE WITH LEGALDUX CORPORATE SERVICES
LEGALDUX CORPORATE SERVICES possess extensive experience in bringing about highly productive, profitable, and strategic joint ventures, to beat ever-growing competition in the global business, and eventually emerge as the market leader in the desired fields. LEGALDUX help individuals, companies, institutions, and private and governmental organizations from all over India in establishing visionary and highly promising joint ventures smoothly and cost-effectively to maximize the profitability.
