Joint Ventures

Karmic provides Joint Venture consultancy including the following:

• Match Making
• Joint Venture Options & Planning
• Drafting Joint Venture Contracts & Agreements
• Incorporating company, subsidiary, or joint venture
• Corporate Structuring & Tax planning
• Cultural Training
• Employee Agreements & Policies
• All other requirements in Outsourcing.

Joint ventures are a popular method of expanding business. Major corporations and mid-sized companies are getting together, and small companies can, too, on a less formal basis.

As there are good business and accounting reasons to create a joint venture (JV) with a company that has complementary capabilities and resources, such as distribution channels, technology, or finance, joint ventures are becoming an increasingly common way for companies to form strategic alliances. In a joint venture, two or more “parent” companies agree to share capital, technology, human resources, risks and rewards in a formation of a new entity under shared control.

A careful tax planning is required before opening a subsidiary, branch, joint venture, project office or liaison office in India. We can help you in corporate planning and setting up operations in India.