International Joint Venture
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 January 2010
Can foreign comapnies enter into joint venture with indian company?
and if yes, then what is the procedure n compliance.
and if yes, then what is the procedure n compliance.
12 May 2011
Ans to the question:
A foreign Company can enter in to joint venture with a Indian company.
In simple terms Joint venture is partnership agreement between two Companies to operate a business within the area specified in the agreement with their joint management or as per the agreement decide.
First of all make an agreement where all the details of terms of condition are given and get the approval of both the company.
And for compliances you can search in FAQ of MCA21.
A foreign Company can enter in to joint venture with a Indian company.
In simple terms Joint venture is partnership agreement between two Companies to operate a business within the area specified in the agreement with their joint management or as per the agreement decide.
First of all make an agreement where all the details of terms of condition are given and get the approval of both the company.
And for compliances you can search in FAQ of MCA21.
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