Joint Venture Agreement
Strategic. Structured. Legally Aligned.
4.8 (121 reviews)
Last Updated: June 2025
What is a Joint Venture Agreement?
A Joint Venture Agreement (JVA) is a legal contract between two or more parties who agree to collaborate on a specific project or business activity while retaining their individual legal identities. It clearly defines the scope of collaboration, capital contributions, profit-sharing, management roles, and exit options.
Whether for infrastructure, manufacturing, tech development, or cross-border trade — a solid JVA is crucial for legal protection, clear expectations, and strategic alignment.
📜 Service Description
A professionally crafted Joint Venture Agreement by Vakilify typically includes:
Objective & Scope of the JV – Purpose, industry, and duration
Equity or Capital Contributions – Cash, IP, or asset contributions by each party
Governance Structure – Management committee, voting rights, board control
Profit & Loss Sharing – Financial structure and distribution rules
Roles & Responsibilities – Who does what in the JV
Exit & Termination Clauses – Voluntary exits, deadlock resolution, and dissolution
Non-Compete & Confidentiality – Protection of competitive interests
Governing Law & Dispute Resolution – Domestic or international arbitration/jurisdiction
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Joint Venture Agreement
🏛 Laws Governing Joint Ventures in India
Your agreement will comply with relevant Indian and international regulations including:
Indian Contract Act, 1872
Companies Act, 2013 (if JV forms a new entity)
FEMA & RBI Guidelines (for cross-border JVs)
Income Tax Act, 1961 (profit-sharing/taxation)
Competition Act, 2002 (for large JVs in regulated sectors)
How it works?
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- For business partners
- Defines roles & profit share
- Legally valid & flexible
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