Joint Ventures and Franchisee arrangements have gained currency since in many cases, the foreign parties prefer to set up their operations in India by forging strategic alliances with Indian partners. Joint Venture may entail the following advantages for a foreign investor :

Established distribution / marketing set up of the Indian partner Financial resource of the Indian partners Established contacts of the Indian partners

Further, in the case of sectors where there is a cap on foreign direct investment, the foreign party will have no option but to go in for JV if it wants to set up operations in such sectors. Our Corporate Advisory Team is well equipped and prepared to render advise and assistance on any issues pertaining to Joint Venture/Franchisee including the following :

Identification of potential JV or Franchisee partner in India Assistance in negotiation with potential Indian partners for JV Advise on structuring and setting up joint ventures in India or overseas Drafting of joint venture agreement considering Indian legal, tax and exchange control implications, non compete, inter-se, special and pre-emptive rights Advising on various procedures to be complied with in connection with JV/Franchisee Provide assistance in the obtainment of various approvals required for JV Conducting due diligence on potential Indian parties identified for JV/Franchisee