JOINT VENTURE CONSULTANCY

A Joint Venture is a strategic alliance where two or more parties form a partnership to share markets / intellectual property and its expertise and of course profits. Joint Venture Companies are the most favored module of corporate entities for doing business in India to achieve specific objectives of a relationship including a temporary arrangement between two or more firms. Companies wishing to enter markets will usually require massive amounts of capital to be spent, but in the case of cross-border joint ventures, JVs are useful as a risk mitigation tool in the penetration of new markets and in the pooling of resources for major projects.



Joint ventures, in very simple terms, are joint projects conducted for a certain period of time by two or more individuals or organizations. They are created in the light of specific and predetermined purposes. The venture generally ends once those purposes have been met unless the parties decide to continue to work together. A binding arrangement they enter into is controlling these parties to a joint venture. The agreement sets out items such as their duties, the rate at which they would share income or losses, their rights and responsibilities to each other, etc.

Features of Joint Ventures:

  • Specific Purposes- Parties establish joint ventures and take into account pre-determined purposes. In their agreement, they usually explicitly state this intention.
  • Agreement- The parties to a joint venture, ie. In general, the co-venturers conduct written agreement between them. This agreement sets out specifics such as their duties, profit/loss ratios, rights, and responsibilities, etc.
  • Specific Duration- Since all joint ventures are formed for a particular reason, they usually end after that aim has been fulfilled. But the parties will still continue to work together if they agree to do so unanimously.
  • Structure of the Venture- By exercising control on any of the following aspects, the parties can establish a joint venture such as Assets,Operations, or Entity itself.
  • Profit-Sharing- The parties always agree on the proportion to share their profits and losses. If no agreement is reached to this effect, the profits must be shared equally or according to the contribution they made during their admission to the joint venture.

Frequently Asked Questions​

A Joint Venture (JV ) is a business agreement where two or more parties agree to pool their resources to accomplish a particular task. The company is therefore its own entity, independent from the other business interests of the members.

A joint venture includes two or more individuals or entities joining with each other in a particular project, whereas individuals joining in a partnership for a joint venture. A joint venture may be described as a contractual arrangement between two or more entities with the objective of performing a specific task.

Joint venture Benefits Grows power. Benefit and cost-sharing (i.e. liability) with a partner; Access to new knowledge and skills including specialized personnel. For example, accessibility to greater resources, technology, and finance.

Bad reasons for foreign joint ventures: Cultural Disparities, Weak Leadership, Weak Process of Integration. Research shows that most Joint Undertakings fail. ... One of the most prevalent reasons for failed joint ventures is poor preparation too.

Since the joint venture is not a legal entity, it is not entering into contracts, employing workers, or having its own tax responsibilities. These operations and responsibilities are performed directly by the co-venturers and are regulated by contract law.

Why Select Us?

OUR STRENGTH LIES IN PROVIDING REAL WORLD PRACTICAL SOLUTIONS

STRICT
TIMELINE

Our foremost priority is to provide Instant Support and are always very particular on adherence of timely delivery so that you don’t miss out on deadline. We have worked with some most time strict clients and we have never missed our target. Our one thumb rule says that “If we miss a deadline we are out”. Accounts and Finance function need always alert eagle eye approach!

MINIMUM
COST

Our prices are most reasonable and under budget that you never realize any cost burden in your organization in comparison of value addition we bring in. We believe in adoption of your business first and fee shall take care of itself mantra. We never bill for disappointment and take ownership. It is how we like to be treated and that is how our customers are served.

ONE STOP
SOLUTION

We at AVS & Associates only recruit experienced, skilled professionals who have proven expertise in their field. With a diverse Team of Chartered Accountants, Company Secretaries, Lawyers, and various other consultants on board, we offer end to end financial and legal service under one roof saving time and energy and bring synergy effect between various functions.

TRUST & RELIABILITY

Having over 20+ years experience in the leadership team ensure we maintain highest ethical standards and never go out of trust with you. We always believe in long term relationship with our clients hence integrity is something we value the most. We ensure transparency in communication, service and cost. Our specialized experts helps in maintaining high quality.

Don't believe us? See our Google ratings!

SAM GETSUGA
SAM GETSUGA
2020-09-06
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AVS and associates is extremely professional. They take care of all The things abiding by law and integrity whether it’s a tax management or company registration. They have registered a company and took care of the taxes without me breaking a sweat, they took care of everything proactively. I’m extremely satisfied and would recommend to anyone and everyone.
Kavita Sharma
Kavita Sharma
2020-09-02
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AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.
Laxmi Kant Thakur
Laxmi Kant Thakur
2020-08-28
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Chrishans Media
Chrishans Media
2020-03-03
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Hitesh Gurditta
Hitesh Gurditta
2020-03-01
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Anish kumar
Anish kumar
2020-02-29
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chiranjibi shah
chiranjibi shah
2020-02-29
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A wonderful experience with the team for the easy way out solutions of taxation and related matters...Thanks
Sanjay Thakur
Sanjay Thakur
2020-02-29
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Best place to work....Thanks Binay Sir...
Sarbendra Yadav
Sarbendra Yadav
2020-02-28
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RAVIRANJAN KUMAR
RAVIRANJAN KUMAR
2020-02-28
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DR V K Arora
DR V K Arora
2020-09-06
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AVS & Associates is a reliable CA firm of Delhi NCR. My company Management Associates Private Limited is taking their services from last ten years. Shri. V K Agrawal of AVS & Associates is knowledgeable, friendly and honest person.
Andrew Samta
Andrew Samta
2020-09-02
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had a nice experience with AVS. was in a urgent need of some income tax related docs and these guys helped out in really quick time. thanks, and would recommend anyone planning to avail their services....
chiranjibi shah
chiranjibi shah
2020-02-29
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A wonderful experience with the team for the easy way out solutions of taxation and related matters...Thanks
Amitabh Kulshreshtha
Amitabh Kulshreshtha
2020-09-02
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I appreciate the fastest way of services by AVS. Till now we got registered around 6 group companies,(Limited, Private Limited and LLP). Their Teams approach to deal with us was something I liked most. Special mention to Mr. Rahul and Ms. Neha. Guys, frankly speaking initially i was in doubt whether to trust these people or not? but once spoke and saw the way they handled my companies formation work, they ended up forming our all group companies and now handling the regular Accounting, Taxation, GST etc... If you are searching for a CA for all your needs, i suggest you may pick these guys and can assign one task before you make any opinions. BTW, we are availing their services since last 3 years. Thanks!
Kavita Sharma
Kavita Sharma
2020-09-02
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AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.
Saurabh Verma
Saurabh Verma
2020-02-29
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I used their services for capital gain calculation and on many other factors to sell my flat in Noida while I'm here in Australia. Mr Vishnu is the man you need. Very professional, prompt replies and went an extra mile to do the job. Highly recommended.
Raj Malhotra
Raj Malhotra
2020-02-29
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Some highly talented group of indivisuals who do really care for customer satisfaction
Thefairyforce
Thefairyforce
2020-02-29
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I'm very satisfied with the service here. They have a very good behavior towards us and they listen to our problems closely and give the best solution. If you're starting up or running a business already I would recommend you to come here they are awesome!
Arpit Mathur
Arpit Mathur
2020-02-29
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There is environment and relation of every employee is very good. Management and discipline is very tough.
Singh Robin
Singh Robin
2020-02-29
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Highly Professional team. Really appreciate the way team coordinated & made everything easy for me. Thank you & wish you all the very best. Cheers.
ezam zaidi
ezam zaidi
2020-02-29
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Have been very cooperative. Proactive with every step. The team was patient and they made sure the entire process flow was smooth.
Manish Sharma
Manish Sharma
2020-02-29
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I got my company registered with avs. I am happy with their services and it was done quickly and in cost effective manner. Recommend anyone want to avail their services.
Pranav Tripathi
Pranav Tripathi
2020-02-29
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Vishnu ji has been with our company for the past 10 years with many different companies . Soft spoken, humble and a thorough professional.
Kishore Kundan
Kishore Kundan
2020-02-29
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Very fast service with cost effective..Agarwal sir behavior is very supportive.. I will suggest all to take services from AVS..
Sushil Kumar Raj
Sushil Kumar Raj
2020-02-29
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I would say they are the best for new company and start ups, the way they deal with person who do not have any idea about setting up of new company is remarkable....