Joint Venture Agreement Generator
Formalize your project-based collaboration. Define scope, roles, and terms for your joint venture.
Quick Start
What is a Joint Venture Agreement?
This tool creates a Joint Venture (JV) Agreement, a legal contract between two or more parties to undertake a specific project or business activity together. It outlines the objectives, contributions, responsibilities, and profit/loss sharing for the temporary collaboration.
Define Project Scope
Clearly establish the purpose, duration, and goals of the joint project.
Clarify Contributions
Outline each party's contribution, whether it's capital, resources, or expertise.
Ensure Mutual Agreement
Create a binding document that protects all parties and prevents future disputes.
Joint Venture (JV) Agreement Generator
Basic Information
Parties in the Venture
Financial & Operational Details
Legal Clauses
Include Standard Clauses?
Your History
No documents generated yet.
How to Create a JV Agreement
Follow these simple steps to generate a clear and comprehensive legal document for your venture.
Enter Venture & Party Details
Fill in the basic information about your Joint Venture, including its name, purpose, and the details for each participating party (company or individual).
Define Operational & Legal Terms
Specify crucial operational rules, such as who manages bank accounts and decision-making. Add custom points and select the standard legal clauses you want to include.
Generate and Download
Click the "Generate" button. Our AI will draft a complete agreement based on your inputs. Review the document and download it in your preferred format.
JV vs. Partnership vs. Company: What's the Difference?
Understanding the right structure for your business is crucial. Here’s a point-by-point comparison of the most common business structures.
| Feature | Joint Venture (JV) | Partnership Deed | LLP (Limited Liability) | Pvt. Ltd. / Ltd. Company |
|---|---|---|---|---|
| Primary Purpose | Collaboration for a **single project** or limited time. | Running a **continuous business** with partners. | Running a continuous business with limited liability benefits. | Running a continuous business as a separate legal entity. |
| Legal Status | Not a separate legal entity. Parties retain their own identities. | Not a separate legal entity from the partners. | **Separate legal entity**. Can own assets and sue/be sued. | **Separate legal entity**. Distinct from its owners (shareholders). |
| Liability | Liability is often defined by the agreement but can be unlimited. | **Unlimited liability**. Partners are personally responsible for firm's debts. | **Limited liability**. Partners are not personally liable for the LLP's debts. | **Limited liability**. Shareholders' liability is limited to their investment. |
| Governing Law | Based on the terms of the JV Agreement (Contract Act). | Indian Partnership Act, 1932. | Limited Liability Partnership Act, 2008. | Companies Act, 2013. |
| Registration | No formal registration required, just the agreement. | Registration is optional but highly recommended. | **Mandatory registration** with the Ministry of Corporate Affairs (MCA). | **Mandatory registration** with the Ministry of Corporate Affairs (MCA). |
| Number of Members | Minimum 2 parties. | Min 2, Max 50 (for most businesses). | Min 2 partners, no maximum limit. | Min 2, Max 200 (Pvt. Ltd.). No max for Ltd. |
| Best For | Temporary projects, collaborations, market entry. | Small to medium-sized businesses with trusted partners. | Professional services (CAs, lawyers) and businesses wanting liability protection. | Startups seeking funding, scalable businesses, and large enterprises. |
Who Is This For?
An essential tool for anyone forming a project-based business collaboration.
Startups & Tech Companies
Collaborate on a specific product, technology, or market entry strategy with another company.
Construction & Real Estate
Form a JV for a specific construction project, combining resources, equipment, and expertise.
Creative & Media Projects
Collaborate on a film production, marketing campaign, or event with shared goals and resources.
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Frequently Asked Questions
Your questions about Joint Venture Agreements, answered.
What is a Joint Venture (JV) Agreement?
A Joint Venture Agreement is a legal contract that outlines the terms of a business collaboration between two or more parties for a specific project or period. It defines the venture's purpose, each party's contributions, how profits and losses are shared, and management responsibilities.
How is a JV different from a Partnership?
A partnership is typically a long-term business structure for ongoing operations. A Joint Venture is usually for a single, specific project or a limited time. Once the project is complete, the JV is often dissolved.
Is this AI-generated agreement legally binding?
This tool generates a comprehensive draft based on standard legal structures. However, it is for informational purposes and does not constitute legal advice. We strongly recommend having the generated document reviewed by a qualified legal professional to ensure it meets all your specific needs and complies with local laws.
Need Help or Have Questions?
Our support team is ready to assist you with any questions or technical issues.
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