A Joint Venture is a voluntary cooperative agreement between two or more organizations, the goal of which is to improve performance by sharing tasks or resources. Though, it’s an Anglo-Saxon invention, France has climbed on the bandwagon and has developed legal tools to facilitate its use. While Joint Venture have existed for several decades, their importance in firms’ strategies has dramatically increased with globalization and the creation of the European market. Inasmuch as the French market is a complete terra incognita for you.Ĭross-border mergers/acquisitions and international joint ventures have entered a golden age in France. We will also help you investigate the solidity of your future French business partners by running a due diligence analysis on each of them until you are fully satisfied. In summary, our goal is to deliver a millimeter-scale bespoke business incubator service to our clients. We will, not only help advise you on the right type of Joint Venture, but will also run reality checks on your business plan. The multidisciplinary and multi-tasking team of Enter France will take a holistic approach of your business desideratum. In any case, Enter France is tooled and ready to accompany you in all of your Joint Undertakings. In general, you must be aware that the complexity of the Joint Venture, rather than its form, will have the biggest impact on the time and expenses required to properly establish it.Įven though a separate entity is never established, some contractual joint ventures may be just as complex as a partnership, and/or corporate Joint Venture due to the inherent nature of the joint undertaking.įor example, strategic alliances often involve shared liabilities, intellectual property, financial and non-financial investments, dispute resolution, the exchange of confidential information as well as exit provisions that can be just as complex, if not more, than Joint Ventures involving the establishment of separate entities.
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