Joint ventures can be extremely important as a means of enabling businesses to carry out significant commercial activities and projects that might otherwise be beyond their individual resources.
However, joint ventures inevitably involve compromising some level of control and flexibility in comparison to taking on a business or project independently. In addition, commercial and personal tensions are an inherent part of a joint-venture relationship.
Our Corporate and Commercial lawyers consider it as much their role to help create a structure that encapsulates the underlying commercial objectives of the parties as to meet the technical, operational, financial, accounting, regulatory, legal and tax requirements of the venture.
We can advise on the choice of joint-venture vehicle and, whether you ultimately choose to proceed with a limited company, limited liability partnership (LLP), partnership or contractual collaborative agreement, we will seek to protect your interests throughout the process while maintaining the spirit of co-operation that the joint venture demands.