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Joint Venture Agreement

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We can setup your Joint Venture Agreement for Tenders and Contracts within 10 days @ only  R2290.

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Joint Ventures are the most popular entity used to respond to ‘joint’ tenders in South Africa. We setup an Incorporated Joint Venture for our Clients who want to apply for a Tender together with another Company – using a separate legal entity. All of the accounting will happen within that new “Joint Venture Based” Company.

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Our Joint Venture Service will:

Joint Venture Agreement
R 2290 Once off
  • Standard Joint Venture Agreement
  • Main Requirements: (1) Pty Company; (2) BEE Affidavit; (3) ID Documents; (4) Trusted Joint Venture Partner
  • Timeframe: 10-Days

NB: Note that this will include a Standard Joint Venture Agreement according to the general basic requirements of Tenders in South Africa. For any ‘custom clauses’ or additional information that needs to be addressed, we will quote you additionally.

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My experience with company partners are amazing, I must say they helped me in a fast and professional way and guide me to register my new company. I will most definitely recommend anyone to partner with company partners when they have to setup/register a new company.
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Company Partners is just what the name says, it is a partner to your company. It is a one stop shop for all your company needs and requirements – starting with a company registration. They make the process simple and effortless.
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Stress-free process and all necessary matters are taken care of with valued services that saves time and money! Exactly what I needed setting up my new company. I can recommend Company Partners to anyone!
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FAQ's & Info on Joint Venture Agreements in South Africa

What is a Joint Venture Agreement?

A Joint Venture is a separate entity and is not part of the individual participant’s own enterprise. Each member of a Joint Venture only shares the expenses of the specific Tender for which the Joint Venture was established. Income Tax. Each member of a Joint Venture is liable for their own Income Tax.

(1) Apply for More Tenders / Contracts
Joining hands with another Company will give you more capacity, expertise, resources, markets and technology which certain tenders require.

(2) Diversify Risk
With a Joint Venture Agreement, you share the risks of taking on a tender with a venture partner(s). They can take on some of the input cost expenses and you can limit the deal to a specific tender / contract / period.

A Joint Venture is a separate entity that is formed where two or more participants come together to share their expertise to win a specific contract for a set period.

A Consortium Agreement is an agreement only, not a new entity. Here the role and responsibilities of each party is spelled out in terms of which resources (human, financial, technology) are committed to the project. The ‘Consortium’ is formed, then applies for the tender / contract and execute it together.

Joint Ventures are not required to file formal paperwork or documentation of status with state or federal governments. Instead, development of a joint venture is contractual and involves one business entity entering into a contract with another entity.

A Subcontractor Agreement is used when a business hires another business or persons outside of the main contractor’s own business to do work or to deliver services as part of a larger project. The Main contractor stays in charge and solely responsible until the contract is complete.

Our internal attorney, Tsitsi Kinnear has over 6 years’ experience with Joint Ventures. She also has a Law Degree from the University of South Africa.

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