A typical Joint Venture is where:
Two parties, (individuals or companies), incorporate a company in India. Business of one party is transferred to the company and as consideration for such transfer, shares are issued by the company and subscribed by that party. The other party subscribes for the shares in cash.
The above two parties subscribe to the shares of the joint venture company in agreed proportion, in cash, and start a new business.
Promoter shareholder of an existing Indian company and a third party, who/which may be individual/company, one of them non-resident or both residents, collaborate to jointly carry on the business of that company and its shares are taken by the said third party through payment in cash .
Joint Venture Steps
We provide Joint Venture solutions through the following Process:
Situation Analysis - Analyzing the company's requirements and identifying the "outsourceable" components.
Joint Venture Options & Planning - Analyzing various options ranging from sub-contracting to co-opetiton and planning Joint Venture model which is most appropriate in the circumstances.
Contracts & Agreements - Drafting all the Joint Venture contracts.