Joint Venture Agreement
Starting From Rs. 4799
All inclusive price
A joint venture agreement is a contract between two or more firms or organisations for mutual benefit. A joint venture usually results in the formation of a new business or partnership. For mutual advantage, firms or entities agree to share various resources such as assets and intellectual property.
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WHAT IS A JOINT VENTURE AGREEMENT?
A joint venture (JV) agreement is entered into by a group of persons or companies to do business together or to collaborate on a particular project without losing their individual legal identities. Such an agreement is legally binding and clearly lays down the areas of cooperation and divergence, and makes provisions for profit-sharing and operations. Usually, before entering into such a formal agreement, the parties sign a Memorandum of Understanding (MoU).
ADVANTAGES OF A JOINT VENTURE AGREEMENT
Low Risk
A JV agreement allows you to do business with another party, while continuing to operate with your individual legal identity. Thus it is considered a low-risk option for sectors in which 100% FDI is allowed. JV agreements have been behind some of the biggest success stories in Indian business, such as Hero Honda, which was a JV between the Japanese Honda and the Indian Hero Motor Corp.
Access New Markets
A JV Agreement allows you to access newer markets and resources, and ensures the sharing of risk, without any of the disadvantages of operating as a single entity.
JOINT VENTURE AGREEMENT PROCEDURE
2 WORKING DAYS
Once you send in a request, our representative will get in touch with you to understand your requirements. If further details are required, we will contact you for the same. Once these are in, we will work on the request and send it to you for review within 3 to 4 working days. Feel free to get back to us if you would like any changes.
2 WORKING DAYS
In case you would like any changes to the agreement, our lawyers will work on them. Two rounds of iterations are included in the original price.
WHY VAKEELJI
4 BUSINESS DAYS
At Vakeelji, we can deliver all your documentation requirements in just four working days. And if you’re not totally satisfied, we’ll take another couple of days to work on the modifications you need. All at the lowest price, both online and offline.
9.1 CUSTOMER SCORE
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
160 STRONG TEAM
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.
Reasons to draft joint venture agreement
Access to Resources
Both firms can have access to resources through the joint venture. Manpower, intellectual property, research and development, and financing will be among these resources.
Flexibility
The parties can negotiate the terms of the agreement before signing it. The parties can include all of their terms and conditions relating to the agreement in this procedure.
More Contracting
The joint venture will allow the parties to do more contracting.
Separate Legal Entity
What is the Price I Need to Pay for drafting a joint venture Agreement?
Pay as you go grow pricing
All Inclusive Pricing - No Hidden Fee
Basic
2 Digital Signature - 2 Year Validity 1
2 Director Identification Numbers
Name Approval 2
Authorised Capital Fee 3
Incorporation Fee
Stamp Duty 4
PAN & TAN
LEDGERS Billing Software 5
Bank Account Opening
Commencement of Business
Basic
2 Digital Signature - 2 Year Validity 1
2 Director Identification Numbers
Name Approval 2
Authorised Capital Fee 3
Incorporation Fee
Stamp Duty 4
PAN & TAN
LEDGERS Billing Software 5
Bank Account Opening
Commencement of Business
Basic
2 Digital Signature - 2 Year Validity 1
2 Director Identification Numbers
Name Approval 2
Authorised Capital Fee 3
Incorporation Fee
Stamp Duty 4
PAN & TAN
LEDGERS Billing Software 5
Bank Account Opening
Commencement of Business
- Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.
- Upto 4 name options can be given in 1 RUN name approval request.
- Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
- In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable.
- In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IndiaFilings will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
Additional Directors can be added for an additional price of Rs.999 – if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.1999, inclusive of GST. - Additional authorised capital can be purchased if requried at time of incorporation.
- Incorporations from Maharashtra state will also receive complimentary Professional Tax Registration.
