Joint Ventures

Here at Oliver & Co, we can help any party proposing to form or take part in a joint venture arrangement, as well as participators in existing joint venture arrangements of all forms.

The advantage of a joint venture is that it is a flexible arrangement which allows the participators to co-operate without binding their entire undertakings with a full scale merger. It also allows the participators to share resources, pool skills and spread risks with a view to mutual commercial benefit.

Many factors will need to be taken into account when considering the best vehicle for the joint venture. A new Limited Company may be formed to pursue the venture, which will limit the potential liability of the participators by ring fencing any existing business or personal assets. Alternatively, a partnership or co-operation agreement may be preferred due to the flexibility this brings and the lower administrative burden.