Types Of Joint Venture Agreement


The share capital of the company the share of the paid-up capital. The minimum amount of the company`s share capital should be RMB 30 million. These companies can be listed on the only two exchanges in the PRC – the Shanghai and Shenzhen stock exchanges. Shares of two types are admitted on these exchanges – shares of types “A” and “B”. In Britain, India and many common law countries, a joint venture (or a company composed of a group of individuals) must submit the Memorandum of Association to the competent authority. It is a legal document that informs the outside public of its existence. It may be consulted by the public in the office where it is submitted. A sample is visible on wikimedia.org. [4] Together with the articles of association, it constitutes the “articles of association” of a company in these countries. Investment companies are those that were established in China by a single operation financed from abroad or jointly with Chinese partners that make direct investments.

In a joint venture, two or more entities come together to form a new business entity to manage a given business, and ownership, risk and opportunities of that activity are shared between the joint ventures in the proportion defined at the time of the company`s creation, leading to a merger of the know-how and resources of the two companies for mutual benefit. In Ukraine, most joint ventures operate in the form of a limited liability company[22] as there is no legal company as a joint venture. The protection of the rights of foreign investors is guaranteed by the Law of Ukraine “On Foreign Investment”. .

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