The key documents for establishing a joint venture or partnership are usually a Joint Venture Agreement or a Partnership Agreement. We prepare these agreements to clearly define each party’s responsibilities and to safeguard your business interests.
Typically, such agreements cover the following:
- Particulars of the Parties – names, addresses, and legal status of each party involved
- Profit and Capital Structure – contribution of funds, ownership percentages, and profit-sharing arrangements
- Duties and Obligations – roles, responsibilities, and decision-making powers of each party
- Termination – circumstances under which the agreement may be ended
- Exit Plan – procedures for withdrawal, buy-out, or dissolution
