Types of V and consortium arrangements.docVIP

Types of JV and consortium arrangements As between the JV partners themselves, there are two main approaches to JVs: incorporated JV- is an alliance between two or more entities to undertake business activity together. The parties agree to incorporate a new entity (company) together by both contributing equity (gaining a shareholding), and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship. Consortium (or titled unincorporated JV, contractual JV) - is an association of two or more