A joint venture (JV) agreement is done between 2 company registrations or firm registrations who
join hands together for a specific project and want to do so without losing their individual identities.
Joint Ventures maybe or may not be new company registration but both the individual companies
enter into agreement referred as Joint Venture Agreement or JV Agreement to clearly define their
individuals roles and responsibilities.
Joint Venture Agreement or JV Agreement entails amongst other things, roles and responsibility of
each company registration, investment made by each party, profit sharing pattern, exit for each
party. Usually, before entering into such a formal agreement, the parties sign a Memorandum of
Understanding (MoU) and Non-Disclosure Agreement. Ca4you-legal undertakes the job of drafting
Franchisee Agreement starting from Rs 6,999/-.