Document background
The Shareholders Agreement Joint Venture is a crucial document used when two or more parties decide to establish a joint business venture under Belgian law. This agreement is particularly relevant when companies or individuals wish to combine resources, expertise, or market access while maintaining separate legal identities through a new joint venture entity. The document addresses essential aspects required by Belgian corporate law, including corporate governance, share ownership, management structure, profit distribution, and exit mechanisms. It is commonly used in cross-border transactions, strategic partnerships, and industry consolidations where parties need a clear framework for their collaboration. The agreement must comply with the Belgian Code of Companies and Associations (BCCA) and often includes specific provisions for minority shareholder protection, transfer restrictions, and deadlock resolution. This type of agreement is particularly important in Belgium due to its position as a hub for international business and EU operations.
