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2013 4.8 Satisfied (295 Votes)
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It can be established via one of four basic legal structures: (a) Limited Liability Company, (b)Limited Liability Partnership (LLP), (c) a Partnership (or limited partnership), or (d) a purely Contractual Co-operation Agreement. Broadly, the four forms reflect varying degrees of integration of the interests in the JV.
Types of joint venture Limited co-operation. This is when you agree to collaborate with another business in a limited and specific way. Separate joint venture business. This is when you set up a separate joint venture business, possibly a new company, to handle a particular contract. Business partnerships.
Joint ventures are formed by two or more parties who share the risks and rewards of the venture. Each party contributes resources, such as capital, human resources, and technology, in order to achieve the common goals of the venture. The parties also share the profits and losses that may occur during the venture.
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
Journal Voucher. Journal Vouchers (JV) are used to process current accounting entries, allocations and corrections for which other means of entry into the financial system are not available.
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There are different types of Joint ventures, each with advantages and disadvantages depending on the joint venture structure. Equity Joint Venture. Contractual Joint Venture. Horizontal Joint Venture. Vertical Joint Venture. Project-Based Joint Venture. International Joint Venture. Functional-based Joint Venture.
THE JV VALUATION PROCESS List all contributions from each shareholder required to achieve the business intent. Discuss with counterparty desired ownership split (e.g., acceptable ownership ranges, 50:50 or 51:49 requirement) Consider different approaches to overcome ownership and valuation gaps:

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