We are best consultant providing Joint venture registration facilities in New Delhi. We also provide Partnership Registration services, Joint Venture consent drafting services in New Delhi. Joint venture is type of partnership where two or more people or companies or firms collaborate on projects without losing their individual authenticated identities. We will manage to pay for you everything important counsel about Joint venture registration in this article in brief.

Joint Venture Registration In New Delhi

Joint venture taking over is business entity, in which two or more parties are involved for shared ownership, risk, return etc. In some sectors where foreign adopt investment is not allowed, joint venture is best out of the ordinary for foreign companies to enter in Indian market. For NRI, foreigner who wants to start business in India, establishing a Joint venture is best option. Joint venture is generally normal to right of entry a extra market in India. Joint venture taking over should be determined and legally binding to both parties. In India no joint ventures is true entity. It is treated as normal Indian Company. In joint Venture an MOU (memorandum of understanding) is signed by the parties. The joint venture should be applied for anything important giving out approvals and licenses on its own pronounce within prescribed time. In joint Venture agreement whatever information not quite shareholding pattern, board member, its compositions, management, place of business, process of allowance transfer, dividend policy etc lessening must be written.

Advantages of Joint venture

1. Provides low risks for investors outside India.
2. Provides new market for both parties.
3. Provide way in in restricted sectors for foreign investors.
4. Provides compliance in event diversification.
5. Provides financial resources for domestic partners.

Documents Required For Joint Venture

1. Copy of basic combination documents of both parties.
2. Copy KYC documents of all members the joint venture.
3. Electricity Bill of principal place of business in India.
4. Copy of rent agreement.
5. All information, if any required.

Procedure of Joint Venture

1. Documents preparation.
2. MOU (memorandum of understanding) term and condition expression with all parties.
3. Drafting of MOU.
4. Joint venture appointment drafting
5. Filing afterward relevant authority.