I can register the joint venture as a company in Singapore. This includes the production of all necessary documents and their filing with ACRA. I can also include an additional review of the contract for a period of 1 month after the service is provided. This can be useful if the other party has comments on the content of the agreement. I can modify the text of the document according to the results of your negotiations. This type is created when two parties come together with an agreement to sell their products or services. The main objective of this type of joint venture is to reduce marketing efforts and costs, while products or services gain a wider market and a wider reach. Some examples of this type of joint venture would be, but are not limited: there may come a time when your company would launch a project and require a strategic alliance with an individual or team to finalize it. In such cases, it is very likely that you should conclude a joint venture agreement so that everything is clear to both parties. Unlike a partnership that would last longer, or even lasting, a joint venture would only last as long as the project is underway.

Once the project is completed, the joint venture would also be completed. This American Life declares a historic joint venture between General Motors and Toyota, known as New United Motor Manufacturing Inc. or abbreviated as NUMMI. In principle, this is the time when two parties agree to work on a single business project or business activity. Both parties would agree on the terms and rules of the Joint Undertaking Agreement and, once the project or activity is completed, the Joint Undertaking will terminate. I am a lawyer specializing in civil and commercial law contracts with a long experience in legal advice in B2B transactions. I will establish a joint venture agreement for your company to establish a new entity in Singapore with a partner company for the mutual benefit. I will also advise you on legal matters related to the joint venture, including administrative, compliance and tax matters. Now you have planned your joint venture and are ready to make a deal with a second party.

In order for you to create a good example of a joint venture agreement, you might need a few useful steps and tips to guide you. In this article, you`ll learn all about joint ventures, joint venture agreements, and even the steps and tips for creating your own sample joint venture contract. Read on to know all this relevant information that can be provided for the future. Before you start creating your own joint venture contract template, let`s first discuss how you would plan your joint venture agreement. Planning would be the first step in setting up a joint venture agreement. You need to take steps to be able to plan your joint venture successfully. Only a few of the advantages that can be exploited when a joint venture is used: a partnership usually involves a single legal person owned by two or more persons, while a joint venture agreement covers a short-term project between several parties. The terms „joint venture agreement“ and „partnership agreement“ are sometimes mixed, but do not refer to the same thing. As a general rule, two parties engage in a joint venture in order to obtain their own individual advantage, which usually results from the main objectives of the business project they envisage. Whatever your purpose for entering into a joint venture agreement, the most important document you should have is a joint venture agreement. If you plan to create a joint venture, you need to know how to create your own joint venture contract template.

If your business could benefit from sharing resources with another company, a joint venture can increase your chances of success for a limited period of time and a limited goal.