Joint Venture Agreement



When two independent entities decide to join hands together in a projector for a business without losing their legal identities creates an agreement that describes their relationship, it is called the Joint Venture Agreement. The agreement will lay down all the terms and conditions that the parties have to follow and are legally binding.

Panomics Legal Mentors is an online legal service platform where a team of expert legal professionals from India, offering a variety of legal services relating to joint venture, master service agreement, consultancy agreements, legal notices, negotiable instruments, company registrations, intellectual property, tax services, personal and property services from the comfort of your home, offering you service that are very specialized and tailored for each individual.

Get a free Consultation for Joint Venture with Our Top Rated Experts with a simple registration.

WHY CHOOSE Panomics Legal Mentors?


This organization comprises of expert legal professionals, who use their expertise will draft a Joint Venture that shall cover all the legal requirements and needs of the parties. The experience and the knowledge that our professionals hold can help you in including clauses in your agreement that shall effectively describe the relationship between the parties as well as avoid confusions or difficulties in the future.



  1. IMPROVES CLARITY: The agreement involves a detailed description of the nature of work and terms of sharing the trade name, business, financial expenses, and benefits which negates the scope of doubts between the parties.
  2. GUARDS THE PARTIES: The parties express their will, rights, and duties in an agreement which reduces the scope of disputes between the parties in the future.
  3. PROOF: It acts as evidence that expresses the duties and rights which the parties have agreed on.
  4. SCOPE OF CONFIDENTIALITY: Agreement involves clauses that state the compliance with any confidentiality that the parties may prescribe in their contract.
  5. INTELLECTUAL PROPERTY RIGHTS: The ownership rights and usage rights of a trademark or trade name will be clearly distinguished in the agreement that will establish the rights of parties very clear.
  6. ESTABLISHING INDEPENDENCE: The agreement allows the parties to retain their legal identity.



  1. Identify the parties.
  2. Understand the objective of creating the agreement.
  3. Plan the requirements for achieving the objectives.
  4. Decide on what each party offers and when it shall be executed.
  5. Decide on the circumstances where the agreement becomes inapplicable.
  6. Plan on sharing of economic benefits.
  7. Include clauses where it describes the circumstances where one of the party can terminate the agreement.
  8. Initiate the drafting of an agreement with the help of a professional.
  9. A final draft will be created.
  10. The parties must sign the agreement.


Click here to read more about the “Franchise Agreement“.




  1. Name and details of parties.
  2. Purpose of forming agreement.
  3. Duration.
  4. Terms of meeting and reporting.
  5. Terms of sharing the cost.
  6. Terms of sharing profit.
  7. Terms on payments or consideration.
  8. Terms of management of work.
  9. Remedial measures in case of violations.
  10. Signature with the date.