Joint Venture Agreement Format & Template
Commercial · ₹500 · ~10 min · Sign in free, fill the guided form with a live preview, pay to download.
Stamp paper required — state stamp duty on joint venture agreement (as applicable). You'll receive the draft; e-stamping is done separately per your state's rules.
What is a Joint Venture Agreement?
A joint venture agreement records how two businesses will pursue a specific project or opportunity together: what each contributes (money, technology, premises, expertise), how the venture is managed, how profits and losses are shared, and how either side can exit.
A joint venture can stay purely contractual, as this agreement sets up, or the parties can incorporate a joint venture company, in which case a shareholders’ agreement and the company’s articles take over much of this role.
When to use it
- Two businesses are bidding for, or executing, a project together.
- One party brings capital and the other brings technology, land or market access.
- The parties want to test a collaboration before forming a joint company.
What you'll need
Keep these details ready — the form asks for them in this order.
Parties
First party name · First party registered address · Second party name · Second party registered address
JV
Purpose/scope of the joint venture · First party's contribution · Second party's contribution · Profit/loss sharing ratio
Execution
City · State · Effective date
How it works
Enter both parties
Registered names and addresses of both businesses.
Define scope and contributions
The purpose of the venture and exactly what each party contributes.
Set profit sharing
The ratio for sharing profits and losses, and the effective date.
Preview, pay and download
Pay ₹500 and download it for execution.
How to make it legally valid
- Stamp duty at your state’s rate for an agreement of this kind.
- Signed by authorised signatories, backed by board resolutions where the parties are companies.
- Foreign-investment, sector and competition rules checked where a foreign party is involved or the venture is large.
Stamp paper. Stamp duty on a joint venture agreement is set by each state. Confirm the value before execution.
Common mistakes to avoid
- Contributions described vaguely, leading to disputes over who owes what.
- No deadlock or exit mechanism.
- Silence on who owns intellectual property created during the venture.
Ready to prepare your Joint Venture Agreement?
₹500 · live preview before you pay
This is a self-help template for common situations — it is not legal advice and LawMitran is not a law firm. Need help with your joint venture agreement? Find a corporate law lawyer · Legal documents FAQs.