Setting up a Joint Venture in India
Globalization and liberalization have increased the demand of joint ventures between foreign and local individuals and/or entities. For foreign partners venture is one of the most popular and convenient way to make an entry in India for transacting business. Joint ventures can either be unincorporated as a cooperation / partnership or incorporated as a limited liability partnership / company.
Attributes of a Joint Venture
- Strategic alliance for business expansion
- Minimum requirement of two or more parties
- Requires approval of RBI or Government of India
- Shared risks, responsibilities, ownership and profits
- Wider access to finance and technological resources
Pre-requisite Documents required for Registration
- Photograph of all shareholders, directors or partners
- PAN Card copy of all shareholders, directors or partners
- ID Proof copy of all shareholders, directors or partners
- Address Proof copy of all shareholders, directors or partners
- Active DIN and Digital Signature of directors or partners
- Address Proof copy of registered office in India
- Place of business documents of foreign entity outside India
- Joint Venture documents like JV Agreement, Memorandum of Understanding (MOU)
- Constitutional documents like MOA, AOA / LLP Deed / Contractual Agreement / Partnership Deed
Our Registration Process Inclusions
- Registration related consultancy
- Collection of basic information and documents
- Obtaining DIN and Digital Signatures
- Attaining approval for Company / Firm Name
- Drafting constitutional and joint venture documents
- Obtaining Pan Card of firm for filing process
- Stamp and Notarization of necessary documents
- Preparation and filing of registration forms
- Procurement of certificate of incorporation