A Joint venture company is one of the most preferred form of entry model for foreign companies for doing business in India. A joint venture may entail the following advantages for a foreign investor:
Accessible financial resource of the Indian partners.
Established contacts of the Indian partners which help in smoothening the process of setting up of operations.
Established distribution/ marketing set up of the Indian partner.
Procedure for setting up a Joint Venture
The broad steps involved in setting up a joint venture company in India are outlined as under:
Locate an Indian partner
Venture Agreement setting out the rights and responsibilities of the Parties Form a Joint.
Company Formation India |
Foreign Company Registration |
Private Limited Company
