2024 Budget: Key changes and the implications for individuals and businesses
Today, Chancellor Rachel Reeves delivered her Budget speech, representing the Labour...
Corporate & Commercial
Entering into a joint venture can significantly enhance your business performance and open doors to vast expansions. Whether you decide to have an ‘agreement to collaborate’ or form a company we can provide the expertise to ensure you consider all the legal aspects for your new venture.
Joint ventures help achieve goals that might be challenging individually, such as entering new markets, accessing distribution networks, and increasing capacity, leading to increased productivity and profits for both parties. Our experienced Joint Venture Agreement Solicitors ensure that your collaborative efforts are not only legally sound but also strategically advantageous for the future expansion of your organisation.
A joint venture occurs when two or more parties combine their resources and expertise to create a shared business. We specialise in drafting agreements that cover crucial aspects such as:
Joint ventures come in various forms, from contractual agreements between existing entities to formal ventures where a new business is created. We are adept at tailoring agreements to suit different structures, including Special Purpose Vehicles (SPVs), partnerships, and collaboration agreements.
When crafting joint venture agreements, we meticulously consider the parties involved, defined objectives, tax implications, due diligence, intellectual property ownership, confidentiality clauses, financial contributions, and exit provisions. Our goal is to create agreements that foster commercial success and prevent disputes, which may include also drafting a shareholders agreement, which can safeguard you from legal conflicts over issues related to company management, share ownership, and IP rights, amongst others.
If you are planning to enter a joint business venture, our legal team ensures that your joint venture agreement is fair, legally binding, and protective of your interests. We address compliance issues, safeguard your intellectual property rights, and provide a smooth exit strategy if needed. For joint venture advice contact our Commercial Solicitors in our offices in Andover, Romsey, Salisbury, Totton and Witney by using the Contact Form, emailing info@parkerbullen.com or calling your local office:
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