Joint Ventures In Malaysia

A joint venture is a strategic business arrangement or collaboration between two or more parties, where these parties agree to share their expertise, experience and resources to accomplish a common business activity, goal or project. Joint ventures are usually formed in circumstances where businesses lack the resources, capital or knowledge to enter into an intended market or industry.

The popularity of joint ventures has increased in recent years due to various advantages being available to parties in a joint venture, including but not limited to the sharing of risks and costs, opportunity to gain access to new markets, and strategic move against competition. While joint ventures appear to be enticing, it is important to understand the different structures, terms and conditions applicable to a joint venture.