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    Forming a Joint Venture

    Experts in Commercial & Mining Law
    19 Jun 2019CH Articles, Companies & Company LawJoint Ventures, Partnership, Projects, unincorporated joint ventureCH Legal

    Forming a Joint Venture

    A joint venture consists of the joining of resources in pursuit of a venture, the success of which collaborating parties have a direct interest in. the concept of a joint venture involves a more speculative and intertwined relationship, formed for the purpose of achieving shared end objectives; as compared to the more commercially certain arrangements created by rental, sale, employment and service contracts, in which the parties’ identities remain relatively distinct and where their common goals are narrower in scope.

    Two examples of joint ventures involve agreeing to collaborate through a partnership (an unincorporated joint venture) or incorporating a company (an incorporated joint venture).  This Legal Precedent is for a partnership Joint Venture. Accordingly, no company is formed and only a contractual relationship exists. As such, the rights and obligations of the parties are determined by the contract itself.

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    • About
      • Meet The Founder
    • Shop Precedents
      • Commercial
        • Std Terms & Conditions for Supply of Goods & Services
        • Non Disclosure Agreement
        • Plant Hire Agreement
        • Lease Agreement
        • Sale of Goods Agreement
        • Service Provider Agreement
        • Sale of Business Agreement
        • Due Diligence Checklist
        • Due Diligence Investigation
      • Companies
        • Shareholders Agreement
        • Memorandum of Incorporation (MOI)
        • Sale of Shares Agreement
        • Notice for a General Meeting
        • Notice for an Annual General Meeting
        • Round Robin Resolution
      • Joint Venture Precedents
        • Letter of Intent
        • Project Scope Precedent
        • Memorandum of Understanding (Joint Venture)
        • Joint Venture Agreement
      • Labour Precedents
        • Employment Contract
        • Fixed Term Employment Contract
        • Termination of Employment Agreement
        • Disciplinary Code of Conduct
        • Disciplinary Procedure
        • S189 Retrenchment Notice
      • Credit Precedents
        • Loan Agreement Precedent
        • Payment Guarantee
        • Acknowledgement of Debt
        • Suretyship
      • Wills and Estates Precedents
        • Enduring Power of Attorney
        • Simple Will
      • Vehicle Precedents
        • Letter of Demand
        • Sale of Car Agreement
        • Sale of Motor Vehicle in installments Agreement
    • Shop Contract Bundles
      • Smart Bundle
      • Contracts Precedents Bundle
      • Corporate Bundle
      • Joint Venture Project Bundle
      • Labour Bundle (Disciplinary)
      • Labour Bundle 2 (Termination of Employment)
      • Service Provider Bundle
    • Articles
      • Companies – General, Registration, Sale & Termination
      • Contracts In General
      • Why do you need a written contract?
      • ALTERABLE PROVISIONS OF THE COMPANIES ACT
      • Shareholders agreement v MOI
      • Mining Law in South Africa
      • Employee Retrenchment Guidelines
      • Forming a Joint Venture
      • How to form a Company
      • Sale of Business vs Sale of Shares
      • Restraint & Confidentiality
      • Risk Management
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