Joint Ventures (commonly referred as JV) play a pivotal role when a company or an organization intends to expand its business operation and requires e support in terms of resources, expertise or capital influx. | STA Law Firm
Sourced through Scoop.it from: www.lexology.com
Joint Ventures in Singapore | STA Law Firm
In terms of the benefits, each – an equity form of JV where the partners contribute resources to create a new company and simpler contractual alliances where the partners collaborate without creating a new company work a great deal in terms of mitigating risk in uncertain markets, sharing the cost of large-scale capital investments and injecting newfound entrepreneurial spirit into maturing businesses.