Are you looking to set up a business with another business or co-operate in delivering something with another business jointly? The benefits of joining forces and sharing knowledge and resources can create a dynamic new business that drives revenue for both parties and boosts their existing businesses.
When doing so you should think carefully about the structure and create documents to record the structure so everyone understands what they should be doing and what will happen if anything goes wrong. Our experts can help you with structuring the joint venture for mutual benefit and document you to protect your interests. In particular we can advise on:
1. your options for the structure of your joint venture;
2. the documents needed for your joint venture and draft them for you; and
3. the duties of the directors of your joint venture company and conflicts of interest with their other duties.