The Joint Venture LLC Operating Agreement is a crucial document for businesses establishing a collaborative venture in Hong Kong. It serves as the primary governing document for joint ventures structured as limited liability companies under Hong Kong law, combining elements of traditional shareholders' agreements with operational guidelines specific to joint ventures. This document is essential when two or more parties wish to pool their resources, expertise, or market access while maintaining the protection of a limited liability structure. The agreement must comply with the Hong Kong Companies Ordinance and typically includes detailed provisions on capital structure, management rights, profit distribution, transfer restrictions, and dispute resolution mechanisms. It's particularly valuable for international businesses entering the Hong Kong market or local companies seeking strategic partnerships, providing a clear framework for both governance and operations.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of all joint venture parties and their registered details
2. Background: Context of the joint venture formation and parties' intentions
3. Definitions and Interpretation: Defined terms and interpretation rules for the agreement
4. Formation of the Company: Details of company formation, business scope, and registered office
5. Capital Contributions: Initial and subsequent capital contributions, valuation of non-cash contributions
6. Shares and Certificates: Share structure, classes, rights, and issuance of certificates
7. Management and Operation: Board composition, appointment rights, management structure, and decision-making processes
8. Shareholders' Rights and Obligations: Voting rights, meeting procedures, and shareholder responsibilities
9. Transfer of Shares: Share transfer restrictions, right of first refusal, tag-along and drag-along rights
10. Financial Matters: Accounting practices, distributions, tax matters, and fiscal year
11. Reserved Matters: Decisions requiring special approval or unanimous consent
12. Confidentiality: Protection of confidential information and trade secrets
13. Term and Termination: Duration, termination events, and consequences of termination
14. Dispute Resolution: Procedures for resolving disputes, governing law, and jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when JV involves significant IP contributions or development
2. Employment Matters: Needed when JV will have significant employment operations or specific staffing requirements
3. Non-Competition: Include when parties need restrictions on competing activities
4. Foreign Exchange: Required for JVs involving cross-border transactions or foreign currency considerations
5. Environmental Compliance: Necessary for JVs in industries with environmental impact
6. Technology Transfer: Include when JV involves technology licensing or transfer between parties
7. Government Approvals: Required when JV needs specific regulatory approvals or licenses
1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each party's initial capital contributions
2. Schedule 2 - Business Plan: Initial business plan and strategic objectives
3. Schedule 3 - Board Composition: Details of initial board members and governance structure
4. Schedule 4 - Reserved Matters List: Comprehensive list of matters requiring special approval
5. Schedule 5 - Share Transfer Procedures: Detailed procedures and forms for share transfers
6. Schedule 6 - Intellectual Property Register: List of IP rights contributed to or owned by the JV
7. Schedule 7 - Initial Officers: List of initial officers and their roles
8. Appendix A - Articles of Association: Company's articles of association complying with Hong Kong law
9. Appendix B - Shareholders' Resolution Template: Standard format for shareholders' resolutions
Find the exact document you need
Private Money Lending Contract
A Hong Kong law-governed agreement establishing terms and conditions for private money lending, compliant with the Money Lenders Ordinance.
Download
Loan Contract Document
A Hong Kong law-governed agreement establishing terms and conditions for lending arrangements, including loan amount, interest, repayment terms, and parties' obligations.
Download
Interim Employment Contract
Hong Kong law-governed contract for temporary employment arrangements, compliant with local employment legislation.
Download
Deed Of Sale With Assumption Of Mortgage
A Hong Kong law-governed deed that combines property sale terms with the transfer of existing mortgage obligations from seller to buyer.
Download
Employee Endorsement Letter
A Hong Kong-compliant formal document that confirms and legally binds changes to existing employment terms between an employer and employee.
Download
Borrowing Agreement
A Hong Kong law-governed agreement establishing terms and conditions for a loan between lender and borrower, including loan amount, interest, repayment terms, and parties' obligations.
Download
Deed Of Sale Transfer Of Rights Ownership And Obligations
A Hong Kong law-governed deed that formally documents and effects the transfer of rights, ownership, and obligations between parties.
Download
Temporary Layoff Letter
A Hong Kong-compliant formal notice implementing a temporary suspension of work duties while maintaining the employment relationship.
Download
Loan Agreement With Interest
A Hong Kong law-governed agreement establishing terms for a loan with interest, including disbursement, repayment, and security provisions.
Download
Loan Agreement Between Companies
A Hong Kong law-governed agreement setting out terms and conditions for a corporate loan between two companies, including loan amount, interest, repayment terms, and security arrangements.
Download
Limited Partnership Subscription Agreement
A Hong Kong-governed agreement detailing the terms and conditions for an investor's subscription to a limited partnership fund, including capital commitments and regulatory compliance requirements.
Download
Peer Review 360 Degree Feedback
Hong Kong-compliant agreement for implementing 360-degree peer review feedback processes, ensuring legal and structured performance evaluation.
Download
Letter Of Credit Fee
A Hong Kong-governed banking document that establishes the fee structure and terms for letter of credit services between a bank and its client.
Download
Car Parking Sale Agreement
A Hong Kong law-governed agreement for the sale and purchase of a car parking space, detailing transaction terms and ensuring legal transfer of ownership.
Download
Bilateral Investment Agreement
A Hong Kong law-governed agreement establishing investment terms and protections between two parties, with comprehensive provisions for investment management and dispute resolution.
Download
Debt Agreement Contract
A Hong Kong law-governed agreement establishing terms and conditions for a lending relationship, including loan amount, interest, repayment terms, and security arrangements.
Download
Personal Liability Waiver
A Hong Kong law-governed liability waiver document that enables parties to release claims against service providers or activity organizers while maintaining compliance with local legislation.
Download
Parent Legal Guardian Consent Form
A Hong Kong law-compliant consent form for parents/legal guardians to authorize activities or services involving their minor children.
Download
On Hire Labour Agreement
A Hong Kong law-governed agreement establishing employment terms between a labor hire company, worker, and host company for temporary or contract-based employment arrangements.
Download
Overfacility Agreement
A Hong Kong law-governed agreement setting out terms for exceeding normal credit facility limits, including utilization conditions, pricing, and security arrangements.
Download
Simple Month To Month Lease Agreement
A Hong Kong-governed monthly lease agreement establishing flexible rental terms between landlord and tenant with standard termination notice periods.
Download
Loan Note
A Hong Kong law-governed debt instrument documenting loan terms, repayment obligations, and security arrangements between lender and borrower.
Download
Loan Agreement With Guarantor
A Hong Kong law-governed agreement establishing a loan arrangement with third-party guarantee support, compliant with local lending regulations.
Download
Internal Invoice
A Hong Kong-compliant internal billing document used for recording and tracking inter-departmental or inter-entity transactions within an organization.
Download
Credit Invoice
A Hong Kong-compliant document that combines an invoice with credit terms, detailing payment obligations and credit conditions under Hong Kong law.
Download
Warehouse Lease Agreement
A Hong Kong-governed agreement establishing terms and conditions for warehouse property leasing, including operational requirements and safety standards.
Download
Short Term License Agreement
A Hong Kong-law governed agreement granting temporary permission to use property, space, equipment, or rights, establishing key terms and conditions for short-term arrangements.
Download
Secured Letter Of Credit
A Hong Kong law-governed financial instrument combining a traditional letter of credit with security arrangements, providing enhanced protection through collateral pledging while following UCP 600 and local regulations.
Download
Paycheck Direct Deposit Form
Hong Kong-compliant form for setting up employee salary direct deposit arrangements.
Download
Loan For Use Agreement
A Hong Kong-governed agreement establishing terms for the temporary, free use of property or equipment, defining rights and obligations under Hong Kong law.
Download
Loan Facility Letter
A Hong Kong law-governed document setting out terms and conditions for lending facilities, serving as both an offer letter and binding agreement when accepted.
Download
Loan Agreement Term Sheet
A preliminary document outlining key terms and conditions for a proposed loan facility under Hong Kong law and banking regulations.
Download
Non Fixed Term Employment Contract
A Hong Kong law-governed permanent employment contract establishing terms and conditions for ongoing employment relationships.
Download
International License Agreement
A Hong Kong law-governed agreement establishing terms for international licensing of intellectual property rights, technology, or proprietary information between parties from different jurisdictions.
Download
Intercompany Reimbursement Agreement
Hong Kong law-governed agreement establishing framework for intercompany expense reimbursements, including compliance with local transfer pricing regulations.
Download
Inter Corporate Deposit Agreement
A Hong Kong law-governed agreement establishing terms for corporate-to-corporate deposit arrangements, including deposit terms, interest, and repayment conditions.
Download
Global SLA
A Hong Kong law-governed global service level agreement defining cross-border service delivery standards and performance metrics.
Download
Forfeit Deposit Letter
A Hong Kong law-governed formal notice declaring the forfeiture of a deposit due to contract breach or specified conditions.
Download
Family Lease Agreement
A Hong Kong-governed lease agreement for residential property rental between family members, establishing legal rights and obligations while considering familial relationships.
Download
Debt Acknowledgement Form Iou
A Hong Kong law-governed document that formally acknowledges a debt obligation and its repayment terms between parties.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it