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Create a joint venture agreementthe structure of the joint venture, e.g. whether it will be a separate business in its own right.the objectives of the joint venture.the financial contributions you will each make.whether you will transfer any assets or employees to the joint venture.More items...
The documents required for creating a JV can broadly be classified into three categories:Memorandum of Undertaking (MoU) or Letter of Intent (LoI)Definitive Agreements (depending upon the chosen structure)Other Agreements (such as Technology transfer agreements/BTA etc.)
Before joining other contractors to form a construction JV for a particular project, each contractor has to make several investment decisions, including establishing its objective of JV participation, performing research on the project, analyzing its current status (e.g., asset, financial, and amount of work on hand),
(i) The name of the Joint Venture shall be (Joint Venture).