Joint Venture Company in UAE

Joint Venture Company in Dubai

Local party with foreign party are licensed to get involved in certain business activities on contractual accords is a concept of Joint Venture. it is good for the firms working on specific projects.

Accords

• Profit and loss distribution cane on mutual understanding
• There is no need to license the joint venture or publish the agreement.
• Foreign partners use the name of local partners to deal third parties unless the contract is publicised.