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Joint Ventures

When companies wish to enter new markets, joint ventures (JV) can be the optimal solution. We support all parties to create an entity to share return, risks, governance, and to create synergies.

Our Approach

Our aim is to bring deals together. We have an extensive network of investors on one hand and projects and entrepreneurs on the other.

Whether you have an idea for a franchise and require the right partner to help you expand or you have a plot of land and you need an experienced partner which is capable to develop it with you, we see ourselves as the intermediaries between all parties. We advise and support the whole process from the idea to the successful formation of the company.



Partner Selection

Selecting the right partner is the most crucial topic in setting up a JV, therefore, we assist throughout the whole process.

  • Developing the strategy
  • Screening of prospective partners
  • Short listing a set of prospective partners and establish a ranking
  • Due diligence – checking the credentials of the other party or parties
  • Negotiating the terms and conditions in detail
  • Setting up the most suitable corporate structure
  • Preparing and executing the launch of the JV

The JV agreement

The JV agreement Memorandum of Understanding (MoU) or Memorandum of Association (MoA) has to be done in parallel with other activities such as side agreements during the set up process.

After the negotiations are finalised and the terms and conditions are agreed upon, this important document then has to be drafted.

Here are some samples of the issues which need to be covered:

  • Valuation of intellectual rights on one side and the real estate of the other party on the other side
  • Control of the company either by the number of directors or its "funding"
  • The number of directors and the rights of the founders to their appointed directors which will determine the level of shares distributed.
  • Management decisions - who decides, either the board or the founders?
  • Transfer of shares - assignment rights of the founders to the other members of the company
  • Dividend policy - percentage of profits to be declared when there is profit and participation of the local partner (if there is one)
  • Confidentiality of know-how and founders' agreement and penalties for disclosure
  • First right of refusal - purchase rights and counter-bid by a founder.


Local Specialties

To set up a joint venture is strongly dependant on the local laws and regulations.

For some companies there might be a need for a local partner or a local sponsor depending on the activities of the company.

Our vast network of more than 400 lawyers and tax consultants will help you to avoid any hassles not only in the UAE but also in finding the perfect corporate structure in other jurisdictions such as British Virgin Islands, Hong Kong, Singapore and Europe amongst others.

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