- Joint venture company is the preferred form of corporate
structure for foreign investors who are interested in doing
business in India.
- Through joint ventures, foreign investors have access to
distribution channels, financial resources, and contacts of the
Indian partners.
- Corporate joint ventures are regulated by the Companies
Act, 2013 and the Limited Liability Partnership Act,
2008.
A joint venture (JV) is a tactical partnership where two or more
people or companies agree to put in goods, services and/or capital
to a uniform commercial project.
For any successful joint venture in India, compatibility between
the contracting parties is key.
To maintain a successful joint venture in India, the associated
parties should have a clear goal and conditions should be written
out in the clauses of the JV agreement.