In the case of a joint venture, partners often continue to manage their businesses independently. The joint venture is another company, this time with a partner whose profits or losses, depending on the legal form of the joint venture, respond to the other`s profit account, striving, according to the principle of synergy, to generate an integration of systems that constitute a new objective. In this way, we can see that the main characteristics of the joint venture agreement are: a joint venture is usually carried out in reality between companies that supplement the resources and are part of the same sector. In this way, everyone will be responsible for providing the experience they have in this area. It is also a very recurring alliance in startups. This is a difficult legal space because laws vary from country to country, particularly with regard to the applicability of heads of agreements or shareholders. For some legal reasons, it can be characterized as a declaration of intent. It takes place in parallel with other activities in the context of the creation of a joint venture. Although they have been briefly reviewed by a shareholders` pact, some issues must be treated as a preamble to the ensuing discussion. There are also many topics that are not included in articles when a business starts or is never present. In addition, a joint venture may decide to remain alone as a joint venture in a “quasi-partnership” to avoid non-negligible disclosure to the government or the public. In the United Kingdom, India and many common law countries, a joint venture (or a company incorporated by a group of individuals) must submit the Memorandum of Understanding to the appropriate authority.
It is a legal document that informs the public of its existence. It can be consulted by the public at the place where it is deposited. A sample can be seen on wikimedia.org.  With the statutes, it constitutes the “constitution” of a company in these countries. The other format of the CJV is similar to a partnership in which the parties jointly assume unlimited liability for the company`s debts without a separate corporation. In both cases, the status of the company formed is that of a Chinese legal person who can directly engage the work as a z.B a Chinese national interlocutor. The minimum capital is recorded at different investment levels. Some of the questions in a shareholders` pact are: With what has been explained so far, we can draw up a list of the characteristics of a joint venture: the joint ventures have diversified so that there are currently associations of all kinds. There are many models with the same essence all, but the application of different modalities.
The most important are the investment companies that have been created in China by companies financed exclusively abroad or with Chinese partners that make direct investments.