Agreement on joint activity
The joint venture agreement has been quite popular among legal entities for a long time. Such an agreement has many advantages, which we will describe in more detail below.
In particular, such an agreement cannot be called typical, despite the fact that a large number of provisions will be similar. In any case, each joint venture agreement will have its own purpose. In general, the purpose of such agreements is not cooperation, but the results of such cooperation, therefore, they are individual for each document.
At the same time, we draw your attention to the fact that the cooperation agreement must be carefully examined by the lawyers of each of the parties to such an agreement so that there is no situation in which one party begins to receive large profits, when the other only suffers damage from such cooperation.
If it is necessary to develop and draw up an individual agreement on joint activities, we recommend using the convenient service of legal services "Consultant".
Why enter into a joint venture agreement?
The agreement on joint activities involves the formal consolidation of further cooperation in order to achieve certain goals. With that, it is worth mentioning the advantages of such contracts:
The agreement can be concluded without pooling the contributions of the participants, but also the agreement can be created on the basis of the contribution of the participants;
The contract is concluded without creating an additional legal entity;
The contract can be notarized only if at least one of the parties wishes. Otherwise, there is no such need;
The parties to the agreement can be both legal entities and individuals, and their number is unlimited.
The treaty itself provides for a clear definition of the overall goal and specific objectives and has a fixed time frame for their achievement or may be open-ended. It is also possible that the agreement ends by the time all the objectives are achieved.
To obtain a high-quality act of acceptance and transfer of a site or a mobile application, we recommend that you purchase the developed template by the best lawyers in the field of client support in the development and use of web resources.
What to pay attention to when concluding a contract on joint activities?
Our experts recommend that you familiarize yourself with the contract in as much detail as possible in order to know exactly:
In what proportion and who covers the unforeseen losses of individual participants as a result of such cooperation?
Who will conduct business in such cooperation? This time it could be one of the parties on behalf of all, maybe a variant of cooperation, in the format of individual case management by each participant, or, perhaps, all parties together?
Each of these questions and variations requires familiarization of each of the participants and mandatory fixation in the contract, in order to avoid further misunderstandings.
Therefore, if it is necessary to analyze a joint venture agreement or develop a unique document specifically for your company, we suggest using our legal services service Consultant. Our specialists will be able to give the best legal assessment of the existing contract, and, if necessary, create a completely new one in accordance with your wishes.
Joint venture agreement template
The best lawyers who practice legal support for clients in contractual activities in the field of cooperation are already ready to provide the appropriate service! We offer high quality services with comfortable service.
It is easier to purchase a sample joint venture agreement, and there is no need for special meetings! You can upload a document in a few simple steps:
Download the mobile application "Consultant";
After a short registration, you can find the required document in the "Documents" section;
By clicking the "Buy Template" button, you will immediately receive a link to download the document.
