Joint Venture Agreement In Ethiopia Pdf

Create and enter into a joint enterprise agreement with your partner. A joint enterprise agreement is a legal document that describes each party`s responsibility to the joint venture and how it should cooperate. The aim of the agreement is to clarify relations and ensure trust between partners. Let your proposal be clear and start with open discussions. This will help you reach an agreement with the partner you have chosen. Based on Stage 1, determine an investment sector and a market for joint ventures. Look at the industry to see if it is allowed for you based on your investor status. It is recommended to look into this issue and make sure that the area is allowed not only for you, but also for a potential partner. There are country-by-country study reports on business opportunities that indicate investment opportunities, including joint ventures. For example, an aquaculture study recommends intensive commercial models for commercial aquaculture for joint ventures between Dutch and Ethiopian multinationals. After talking to potential partners, choose the one with which you create a joint venture. Ethiopia`s joint venture law is comparable to German and English privacy law. With regard to nature, share transfer, partner liability and profit-loss distribution policy, Ethiopia`s joint venture law is more related to English.

With regard to the requirement of written consent, Ethiopian law is rather parallel to that of german tacit contribution, insofar as both countries waive this requirement by their respective laws. Moreover, it can be said that Ethiopian law, at least in terms of composition and structure, is more comparable to the tacit German contribution. This article contains some of the best experiences with Ethiopia that come from comparative analysis. It calls for some prudent legal frameworks to be advocated for the good practice of joint ventures, i.e. to meet the growing need for joint enterprise engagement in Ethiopia. As a result, some legal improvements are proposed, including confidentiality, dissolution and the need for a written agreement. Do you fulfill the following essential missions to establish the agreement: Do you plan to invest in Ethiopia as a joint venture for your agricultural enterprises? In fact, many foreign agricultural companies and domestic investors who have mutual interests in the cooperative investment project use a joint venture. In this way, the parties increase their ability to build their separate businesses and have more power in their business markets. If you want to continue operating a joint venture, take the following steps. The report contains studies on the profiles of the Ethiopian and Dutch aquaculture subsector, useful in the search for potential joint venture partners, particularly Dutch companies. There are several reasons why different foreign companies create a joint venture with Ethiopian companies or individuals and vice versa. Common reasons include the transfer of technology and know-how, increased market power, cost-sharing and the desire to invade a new geographic area.

After meeting a number of people through networking, you plan follow-up meetings with people whose businesses meet your joint venture needs in Ethiopia.

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