Business law

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Joint Ventures

No longer the preserve of multi-national corporations, joint ventures can be an effective vehicle for entering new markets, growth, and diversification. Increasing numbers of SMEs are pooling their resources and know-how towards a common goal. Joint ventures can be an innovative way of sharing costs and risk and aligning with an organisation with complementary skills and assets. The formation of a joint venture requires a number of legal steps. Sherine Silva and her commercial team have the hands-on experience of helping businesses like yours to take that next step.

Choosing the structure for your joint venture

Joint ventures can be formed under a range of legal structures. These can range from a co-operative agreement which is limited in scope through to a full-blown joint venture business that is a separate legal entity. What is best for your business will depend on the circumstances and your goals. The choice you make is likely to affect your tax position, how profits are shared and liability. We can provide you with expert advice on the options and what is likely to suit you best.

Setting up the joint venture

Agreeing terms and how the new business will be operated requires careful consideration by you and your intended venture partner. At Hodders Law, we will be with you every step of the way helping you to put together the documentation that will form the backbone of your new enterprise.

Due diligence

As with any commercial contract, ensuring that your commercial interests are protected will be front of mind. With so much at stake, it is vital that you fully understand your new business partner. With our assistance, we can guide you through a robust due diligence process, allowing you to move forward with full confidence.

To find out more about how we can assist you with your joint venture, please call us free of charge on 0808 168 8677 or email us at business@hodders.co.uk

Call us on 0808 168 8677 (local rate) to find out more about our Joint Ventures law services or alternatively go to "Meet the Team" to contact one of our specialists directly.

With solicitors offices in Battersea, Hanover Square London, Harlesden, Harrow and Wembley, Hodders Law can provide the services of a local solicitor backed up by the strength of a big firm expertise.

Our Testimonials

“Dear Karen,

Thank you very much indeed for all that you, William Brown, and your support team at Hodders have done in connection with this purchase, and with the associated sale of Wallers Haven Barn. There were many times when I thought that we were not going to make one or the other, and it is in very large part down to your persistence that we are exchanged. Your care, patience and attention to detail have been much appreciated.

Mr L
March 2016

 

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