Joint Venture Agreement for Philippines

Joint Venture Agreement Template for Philippines

A comprehensive legal agreement governed by Philippine law that establishes and regulates a joint business venture between two or more parties. This document outlines the terms and conditions for combining resources, expertise, and operations while ensuring compliance with Philippine foreign ownership restrictions, corporate regulations, and relevant industry-specific requirements. The agreement covers crucial aspects including capital contributions, profit sharing, management structure, operational control, and dispute resolution mechanisms, all within the framework of Philippine corporate and investment laws.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Joint Venture Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Joint Venture Agreement?

The Joint Venture Agreement is a crucial document used when two or more parties wish to combine their resources and expertise to pursue a common business objective in the Philippines. This agreement type is particularly important given the Philippines' specific foreign ownership restrictions and investment regulations, making it essential for structuring compliant business relationships between local and foreign entities. It encompasses detailed provisions for capital contributions, management control, profit sharing, and operational responsibilities, while addressing key regulatory requirements under Philippine law such as the Corporation Code, Foreign Investments Act, and relevant industry-specific regulations. The document is commonly used for new business ventures, expansion projects, or strategic partnerships, particularly in sectors with foreign ownership limitations or those requiring local partner participation.

What sections should be included in a Joint Venture Agreement?

1. Parties: Identification of the joint venture partners, including full legal names, registration details, and addresses

2. Background: Context of the joint venture formation, including the business purpose and intentions of the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Formation of Joint Venture: Details of the joint venture entity's formation, legal structure, and name

5. Capital Contributions: Specific contributions (cash, assets, intellectual property, etc.) from each party

6. Ownership and Shareholding: Distribution of ownership interests and shareholding structure

7. Management and Control: Governance structure, board composition, voting rights, and decision-making processes

8. Business Operations: Scope of business activities, operational guidelines, and territorial restrictions

9. Financial Matters: Financial management, profit distribution, losses, accounting principles, and audit requirements

10. Rights and Obligations: Detailed responsibilities and rights of each party

11. Transfer of Interests: Rules regarding transfer of shares, right of first refusal, and exit provisions

12. Term and Termination: Duration of the agreement and circumstances for termination

13. Confidentiality: Protection of confidential information and trade secrets

14. Dispute Resolution: Mechanisms for resolving disputes, including jurisdiction and governing law

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Joint Venture Agreement?

1. Intellectual Property Rights: Required when the joint venture involves significant IP contributions or development

2. Non-Competition: Used when parties need to restrict competitive activities

3. Technology Transfer: Necessary when the joint venture involves technology sharing or licensing

4. Employment Matters: Required when the joint venture will have significant employment considerations

5. Environmental Compliance: Important for joint ventures in industries with environmental impacts

6. Foreign Investment Provisions: Required when involving foreign partners and compliance with Philippine foreign ownership restrictions

7. Marketing and Branding: Needed when the joint venture involves use of existing brands or creation of new ones

8. Force Majeure: Optional but recommended for protection against unforeseen circumstances

What schedules should be included in a Joint Venture Agreement?

1. Schedule 1 - Capital Contributions: Detailed breakdown of each party's initial and committed capital contributions

2. Schedule 2 - Business Plan: Initial business plan including projections and operational strategies

3. Schedule 3 - Properties and Assets: List of properties and assets to be transferred to the joint venture

4. Schedule 4 - Intellectual Property: Details of IP rights being contributed or licensed to the joint venture

5. Schedule 5 - Key Personnel: List of key management positions and initial appointees

6. Schedule 6 - Reserved Matters: List of decisions requiring special approval or unanimous consent

7. Schedule 7 - Initial Budget: Detailed initial operating budget

8. Appendix A - Shareholder Certificate Template: Template for share certificates if applicable

9. Appendix B - Corporate Governance Procedures: Detailed procedures for board meetings and corporate governance

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Real Estate Development

Technology

Telecommunications

Mining and Natural Resources

Retail and Distribution

Agriculture and Food Processing

Construction

Healthcare

Education

Financial Services

Energy and Utilities

Tourism and Hospitality

Transportation and Logistics

Relevant Teams

Legal

Corporate Development

Finance

Strategy

Operations

Compliance

Risk Management

Business Development

Corporate Secretariat

Executive Leadership

Investment

Relevant Roles

Chief Executive Officer

Managing Director

Corporate Lawyer

Legal Counsel

Business Development Director

Chief Financial Officer

Investment Manager

Operations Director

Risk Manager

Compliance Officer

Strategy Director

Board Member

Company Secretary

Commercial Director

Joint Venture Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Non Binding Agreement

A Non-Binding Agreement template under Philippine law for structuring preliminary business discussions and proposed arrangements while maintaining no legal obligations.

find out more

Bilateral Contract (Real Estate)

A Philippine law-compliant bilateral contract for real estate transactions, facilitating legal property transfer between parties with necessary terms and conditions.

find out more

Business Agreement

Template for a Philippine-law compliant business agreement, structured to establish clear commercial relationships while meeting local legal requirements.

find out more

Option Contract (Real Estate)

A Philippine law-governed contract granting exclusive rights to purchase specific real estate property under preset terms and conditions within a defined timeframe.

find out more

Written Agreement For Payment

A legally binding payment agreement under Philippine law that establishes payment terms, schedules, and obligations between parties.

find out more

Land Lease Agreement Form

A Philippine law-compliant agreement establishing terms for leasing land between property owner and tenant, including rental terms, usage rights, and obligations.

find out more

Bilateral Contract

A bilateral contract template compliant with Philippine law, establishing reciprocal obligations between two parties.

find out more

Consignment Agreement Form

A Philippine law-governed agreement establishing terms for consignment sales arrangement between product owner and seller, including commission and inventory management terms.

find out more

General Tenancy Agreement

A Philippine law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

find out more

Standard Form Contract

A standardized contract template compliant with Philippine law, designed for regular business-to-consumer transactions with pre-set terms and conditions.

find out more

Contract Agreement Form

A comprehensive Contract Agreement Form template compliant with Philippine law, designed for establishing legally binding business relationships.

find out more

Money Agreement Between Two Parties

A comprehensive money lending agreement template compliant with Philippine law, structuring financial transactions between two parties.

find out more

Written Agreement

A formal Written Agreement compliant with Philippine law, establishing legally binding obligations between parties with clear terms and enforcement mechanisms.

find out more

Simple Contract

A straightforward legal agreement governed by Philippine law that establishes basic contractual relationships between parties, ensuring compliance with the Civil Code of the Philippines.

find out more

Side Agreement

A supplementary agreement under Philippine law that modifies or clarifies terms of an existing primary agreement while maintaining compliance with Philippine civil and commercial legislation.

find out more

Mutual Agreement Between Two Parties

A legally compliant template for Mutual Agreements between two parties under Philippine law, suitable for various business relationships.

find out more

Lease Agreement With Option To Purchase

A Philippine law-governed agreement combining property lease terms with a future purchase option, establishing conditions for both temporary use and potential acquisition.

find out more

Incorporation Agreement

A foundational legal document under Philippine law that establishes a new corporation and defines its basic structure, governance, and operational framework.

find out more

Formal Agreement

A binding legal agreement drafted under Philippine law that establishes formal business relationships and obligations between parties.

find out more

Fixed Term Tenancy Agreement

A Philippine law-compliant agreement establishing fixed-term rental terms between landlord and tenant, governed by the Rent Control Act and Civil Code of the Philippines.

find out more

Contract For Selling A Car

A Philippine law-compliant contract for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions for both parties.

find out more

Casual Worker Contract

A Philippine-compliant contract for casual employment arrangements, establishing terms and conditions for temporary or intermittent work relationships.

find out more

Business Transfer Agreement

A Philippine law-governed agreement facilitating the complete transfer of business ownership, assets, and operations between entities, ensuring regulatory compliance and smooth transition.

find out more

Boilerplate Agreement

A versatile Boilerplate Agreement template compliant with Philippine law, designed for various business relationships and transactions.

find out more

Tooling Agreement

A Philippine law-governed agreement establishing terms for industrial tool development, supply, and usage rights between manufacturing parties.

find out more

Service Agreement Terms And Conditions

Philippine-law governed terms and conditions document outlining service provision arrangements between provider and client.

find out more

Representation Agreement

A Philippine law-governed agreement establishing the terms and conditions between a principal and their appointed representative, defining scope, territory, and mutual obligations.

find out more

Provisional Agreement

A temporary contractual arrangement under Philippine law that establishes interim terms and conditions between parties while evaluating longer-term collaboration possibilities.

find out more

Preliminary Agreement

A pre-contractual document under Philippine law that establishes the framework for negotiations and initial terms between parties before finalizing a detailed agreement.

find out more

Notary Rent Agreement

A legally binding rental agreement authenticated by a notary public under Philippine law, establishing terms and conditions between lessor and lessee.

find out more

Non Compete Agreement Between Companies

A Philippine law-governed agreement establishing competitive restrictions between companies, defining scope, duration, and territorial limitations of non-compete obligations.

find out more

Lease With Option To Buy

A Philippine law-governed agreement combining property lease terms with a future purchase option, structured to comply with local real estate and contract laws.

find out more

Land Agreement Between Two Parties

A Philippine law-compliant agreement for the transfer of land ownership between two parties, incorporating all essential legal requirements and protections.

find out more

Contract Agreement Between Two Parties

A bilateral agreement under Philippine law establishing legally binding obligations between two parties, with comprehensive terms and conditions for business relationships.

find out more

Common Terms Agreement

A Philippine law-governed agreement establishing common terms for syndicated lending facilities, standardizing the relationship between multiple lenders and borrower(s).

find out more

Buyer Agency Agreement

A Philippine-law governed agreement establishing a professional relationship between a real estate agent and property buyer, outlining the agent's authority, duties, and compensation terms.

find out more

Statement Of Agreement

A formal document under Philippine law that records mutual understanding and commitments between parties, serving as a simplified yet legally binding agreement.

find out more

Contract For Service And Contract Of Service

A dual-purpose contract template for employment and independent contractor relationships compliant with Philippine law and regulations.

find out more

Preliminary Contract

A Philippine law-governed binding preliminary agreement that establishes the framework and obligations for parties negotiating toward a final contract.

find out more

Key Agreement For Employees

A Philippine-compliant agreement governing the issuance and management of keys/access devices to employees, establishing security protocols and holder responsibilities.

find out more
See more related templates

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

2 Docs LeftAccess Now