New

Joint Venture Agreements

Joint Venture Agreements

A joint venture is an agreement between two or more parties allowing them to work together as one entity on a project or form a new business, whilst still retaining independence legally to continue additional separate business activities.

Joint venture agreements (JVA) outline the responsibilities of the various parties involved. Individuals and companies enter into agreements for all sorts of reasons, whether in collaborating individual talents into one objective, or a group of companies joining together and forming a new company to meet a commercial goal.

The agreements will be unique to each individual business, depending on individual circumstances and requirements, but traditionally key items included include the sharing of profits, losses and liability, how disputes are to be handled, the management of the venture, responsibilities of the parties and an exit strategy.

Due to the unique nature of the joint venture agreement it is important to have one drawn up by a legal professional, experienced in corporate law, who will be able to assess the needs of the parties and tailor an agreement to the correct format for your business structure and requirements.

We can assist with candid guidance and drafting a fair, tailored agreement that will support all parties, for more information please contact corporatelaw@taylor-rose.co.uk

A joint venture agreement is an important document used for the joining of individual parties or companies joining together to work towards the same commercial objective.

Agreements should be tailored to specific business requirements and we can assist with the following;

  • Assessment of the requirements of the individual parties
  • Drafting the agreement to work in conjunction with the Articles of Association
  • Setting up a new company in line with the JVA if required
  • Outlining the management, finance and rights and ownership in the JVA
  • Outlining the shares, profits and losses in the JVA
  • Outlining tax, communication, addressing conflict and exit strategy in the JVA

For more information please contact corporatelaw@taylor-rose.co.uk

Useful Guides

What is included in a JVA?
What is included in a JVA?

Joint venture agreements are for use when a group of individuals or a group of companies want to collaborate on a project, or form an entirely new company together, but also want to retain a separation legally to continue with other business activities separately, making a partnership inappropriate. Each joint venture agreement will be different, tailored to the requirements of the parties and the objective of the venture, which is why it is important to have a professional and experienced corporate expert to sit down and asses your needs for a JVA that supports the venture and covers the necessary items. Although each JVA is unique, we have complied below a guide on some of the items ...

Key Staff

John Bryant
John Bryant
Partner

John is a partner in the firm’s corporate and commercial department. He specialises in acquisitions and IT based joint ventures. He also deals with: group reorganisations and restructurings; advising on all legal issues relating to private limited companies, including director’s duties and shareholder agreements; share buy-backs; and start-ups.

Contact Us
Simon Banfield
Simon Banfield Director simon.banfield@taylor-rose.co.uk
Latest Tweets
Loading

More Stories

    • Our staff describe the Taylor Rose TTKW culture and what the company APP initiative means to them.

    • Our team describe their most interesting experiences and successes working at Taylor Rose TTKW.

    • Rebecca Bridges discusses the immigration issues businesses face and her role as a commercial immigration solicitor at Taylor Rose TTKW.

    • Commercial Property Solicitor Navead comments on his role in the department and what makes us unique as a firm.

    • Two of our property team leaders explain their future plans for the teams and the working environment at Taylor Rose TTKW.

    • Taylor Rose TTKW training and development co-ordinator Helen outlines her role within the firm, her training methods and the most rewarding aspects of her role.

    • What makes us different from other firms? Our head of employment explains what Taylor Rose TTKW has to offer.

    • Our family solicitor discusses why family law is so important, his role in the department and his most challenging cases.

    • Our firm describes who we are, how we work and what makes us different.

    • Our financial team describe who they are and their journey with clients through the financial planning process

    • Why do so many of our customers return to us again and again? Find out here.

    • No time to visit a solicitor? Why not try our online legal services instead.

    • Adrian Jaggard explains how we began and why Taylor Rose TTKW continues to succeed.

    • Our head of private client describes her role at Taylor Rose TTKW and the customer journey.

    • Interested in working for us? See what our staff have to say about life at Taylor Rose TTKW.