Ultimately, both short- and long-term successes are important. To achieve this success, honesty, integrity and communication within the Joint Undertaking are necessary. JV companies are the company`s preferred form of investment, but there are no separate laws for joint ventures. Enterprises registered in India are treated as domestic enterprises. Before creating a joint venture, the parties involved must understand what they want from the relationship. Alternatively, you can create a separate joint venture, perhaps a new one to enter into a particular contract. A joint venture like this can be a very flexible option. The partners are themselves involved in the business and agree on how it will be managed. (*)=Financial projects by EJVs/CJVs (**)=EC eligible In the case of individuals who have joined forces for a temporary partnership for the realization of a given project, the partnership may be designated as a joint venture and persons designated as joint ventures. A joint venture may lead to the creation of a new separate entity or may only be operated on the basis of an agreement between existing undertakings, without the creation of a new legal entity. The latter is called an unregistered joint venture. You can also see what other companies are doing. especially those who operate in markets similar to you….
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