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Joint Venture Agreements

A joint venture (JV) is a commercial arrangement where two or more parties agree to work together and share resources to achieve a defined objective. This might be a single project, a limited period of collaboration, or an ongoing joint business activity.

Under English law, a “joint venture” has no single legal form. The right structure depends on what the parties are trying to achieve, the level of investment and risk, and how control and profits are to be shared.

This collection helps you decide whether to use a contractual JV (a collaboration governed mainly by contract) or a corporate JV (a separate company jointly owned by the parties), and then put the agreed terms in writing. If that JV company will be jointly owned and you need to document shareholder rights, governance and exit, see Shareholder Agreement Templates.

When Should You Use These Joint Venture Templates?

✅ you are planning a joint project and need to define each party’s role, contributions and responsibilities
✅ you want to agree how funding, costs, profits and losses will be shared
✅ you need clear governance and decision-making rules (including reserved matters and deadlock)
✅ you want to protect confidential information and manage intellectual property created during the JV
✅ you need practical exit provisions (termination, transfer of interests, or winding down the arrangement)
✅ you are deciding whether to run the JV through a contract-only arrangement or a separate JV company. If you want a more “relationship-style” framework for the parties, see Partnership Agreement Documents.

Joint Venture Agreements is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.

Frequently Asked Questions

Two businesses want to work together on a project. What is a joint venture and do we need one? +
A joint venture is a commercial arrangement where two or more parties combine resources to achieve a defined objective, such as a single project, a fixed period of collaboration or an ongoing joint activity. Under English law it has no single legal form, so you choose the structure that fits. Putting the deal in writing defines each party's role, money and exit and prevents disputes. Simply-Docs offers joint venture agreement templates for the main structures.
Should our joint venture be a contract between us or a separate jointly owned company? +
It depends on investment, risk and how much you need to ring-fence. A contractual JV is a collaboration governed mainly by a contract, quicker and lighter, and suits a defined project. A corporate JV is a separate company the parties jointly own, giving limited liability and a clear home for assets, and suits larger or longer-term ventures. Simply-Docs has templates for both, and a shareholders' agreement where you set up a JV company.
What should a joint venture agreement actually cover to avoid trouble later? +
Cover each party's role and contributions, how funding, costs, profits and losses are shared, governance and decision making (including reserved matters and deadlock), confidentiality and intellectual property created during the venture, and exit (termination, transfer of interests or winding down). Leaving any of these vague is where JVs commonly fail. Simply-Docs joint venture templates address these points, and link to a shareholders' agreement where the JV is run through a company.
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