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Joint Venture Agreement template

Temporary business relationship for a project or goal. Free with a Buzz Legal account, with the law it is built on and guidance on when a template is the righ

Temporary business relationship for a project or goal. Everything in square brackets is for you to fill in.

The law it is built on

Partnership Act 1890 s.1 — a collaboration carrying on business in common with a view of profit IS a partnership (joint several liability, fiduciary duties) whatever the label; the agreement therefore structures contributions, revenue and decision-making so the no-partnership statement reflects reality. Where a JV company is preferred, use the Shareholders' Agreement template instead. Competitor collaborations can engage the Competition Act 1998 Chapter I — flagged for legal review where the parties compete.

Before you use it

A template is a starting point, not advice on your situation. It cannot know what you sell, who you sell it to, what you have already agreed or what has already gone wrong, and those are the things that decide whether a clause protects you. Read it against your own business before you issue it, and change what does not fit. If the other side has already threatened a claim, a template is the wrong tool entirely — that is a dispute, and it goes to RHF Solicitors.

What is in it

The document runs to 13 numbered sections. These are the headings, so you can see whether it is the one you need before you open it:

Filling it in

Everything in square brackets is a blank for you to complete — names, dates, figures and the terms that are particular to your business. Read the whole thing before you send it: the parts worth changing are usually the ones setting out what happens when something goes wrong, because those are drafted for a business in general and yours is not one.

If a clause does not apply, take it out rather than leaving it blank. A document issued with an empty bracket in it invites exactly the argument the document was meant to prevent.

Joint Venture Agreement

This template comes with a subscription

The whole library — 101 documents, kept current as the law changes — is included in every Buzz Legal plan, alongside the legal questions you can ask as they come up. Plans start at £49 +VAT a month and you can cancel the first two at any time.

A single document drafted around your business, without a plan, is quoted as a fixed fee before anything starts — tell us what you need.


Common questions

How do I get this template?

The library is included in every Buzz Legal subscription, which starts at £49 +VAT a month. One plan opens all of them, and they are kept current as the law changes. If you only need this one document and do not want a plan, we will draft it around your business for a fixed fee agreed before anything starts.

Will it be right for my business?

It covers what the law requires and what most businesses need, which is why it is worth starting from. What it cannot do is know your business. The clauses that decide whether you are actually protected — what you are liable for, what happens when things go wrong, who owns what — are the ones worth having read against your own situation.

What does it cost to have it done properly?

A contract review is a fixed £249 +VAT and covers one document read in full with the risks marked up. Drafting from scratch is priced per job and agreed in writing before anything starts. If legal questions come up most months, a subscription from £49 +VAT a month is usually cheaper than paying per job.

Have it drafted around your business

Get in touch

A contract review is a fixed £249 +VAT for one document read in full and marked up. Drafting is quoted in writing before anything starts.

Buzz Legal Ltd — business legal services for owners and employers. Court work is handled by RHF Solicitors, authorised and regulated by the SRA (no. 324115).
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