Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
Our team has broad expertise in a wide range of joint venture models and can advise on the commercial and strategic issues involved. Joint ventures cover a wide range of collaborative business arrangements which involve differing degrees of integration and which may be for a fixed or indefinite duration. We advise on all forms of joint ventures, both domestic and cross border, including the following:
Every joint venture deal must be carefully planned, managed and customised for all parties’ specific businesses and needs. As such, we have created an operating agreement model that addresses our clients’ needs. Our services include supporting investors and entrepreneurs, advising on structuring as well as drafting and negotiating joint venture agreements, from the initial NDAs and MoUs down to execution.
We also provide counsel on regional regulatory matters; thanks to our international presence (in Spain, and the UK) we can guide overseas professional services firms that are in the process of establishing offices in the UK and continental Europe and advise on cross-border mergers.
They can offer substantial opportunities in terms of access to new markets, the sharing of risk and can deliver economies of scale, but they are complicated transactions, and can lead to a loss in shareholder value if not structured and implemented appropriately.
Del Canto Chambers offers strategic legal and tax advice on joint ventures, strategic alliances, agency and representation agreements, helping parties to achieve their commercial objectives. The delivery of quality joint venture advice requires a clear understanding of the parties’ commercial objectives and specialist advice across a number of disciplines: intellectual property, tax and competition to name but a few. Our joint venture lawyers have significant experience of delivering structures, including cross border arrangements, designed to ensure that the commercial objectives of the joint venture partners are achieved and their commercial interests are properly protected.
A joint venture allows businesses to grow and gain access to markets or expertise beyond their existing capability. They offer lots of advantages including:
Joint Ventures can be described as a business arrangement, where two or more independent firms come together to form a legally independent undertaking, for a stipulated period, to fulfil a specific purpose such as accomplishing a task, activity or project. In other words, it is a temporary partnership, established for a definite purpose, which may or may not use a specific firm name.
Joint ventures can take whatever form of agreement is best suited to the circumstances – though a clear legal agreement should be put in place prior to any joint venture being created. Effectively a Joint Venture is a commercial agreement where each company maintains their separate business structure and legal status, with joint ventures creating a new, jointly-owned child entity that is effectively at arm’s reach from the parent companies.
With so many organisational structures it is important to consult with experienced legal and tax specialists from the outset, choosing the appropriate structure for your business venture affects many aspects down the road such as legal protections and levels of taxation. It is also not a simple matter to change structures later.
Managing a joint venture is usually a complicated and complex task, especially if collaboration is required with counterparts in foreign jurisdictions. Careful legal and tax planning is required at all development stages.
We have worked on many joint ventures. Here are some examples:
Furthermore, we assist with reorganising or dissolving a joint venture or partnership if required. Our lawyers recognize the need to plan the parties’ exit from any joint venture and treat this process as carefully as its formation.
Besides setting up a company, acquiring one or setting up a joint venture or partnership, you can opt for drafting an agency and representation agreement. Setting up an agency involves drafting an agreement between an individual and legal entity (the agent) in exchange for remuneration, to promote commercial acts or transactions for the account of another.
In this way, agents are independent intermediaries who do not act in their own name, but rather on behalf of someone else. It can be a good option for promoting your business, bringing in new leads and clients, as typically, the main task of an agent is to bring together all parties involved in a transaction.
How can we help?
Del Canto Chambers team uniquely understands the international tax and legal complexities, ensuring that details, no matter how small, are not overlooked in a joint venture. Our team has broad expertise in a wide range of joint venture models and can advise on the commercial and strategic issues involved. Our firm can help you navigate through the drafting of the agreement in order to negotiate and agree on the most convenient clauses for your business.
Some joint ventures continue as long-term relationships, but in many cases they have defined timeframes and our team can ensure a legal agreement is in place to ensure a smooth and transparent exit strategy is in place.
We have worked with a variety of projects in Spain, Middle East and Latin America, advising European and American companies. At Del Canto Chambers we work with local auditing firms throughout the world who can assist with tax audits and general compliance.
Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
Corporate Cases
We have worked on several corporate cases including some of the worlds leading companies in media, luxury boats, football clubs, NGOs, investments and much more
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Del Canto Chambers is a leading London Anglo Spanish firm specialising in Law, Tax & Legal Advice. Our dual-qualified, multilingual lawyers specialise in international law and tax and have worked on over 500 cases globally.
Chancery House
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