What is a contractual
joint venture agreement?

A joint venture is a business arrangement where two or more parties join forces to achieve a common goal, sharing resources, profits, and responsibilities. Our free joint venture agreement template helps UK businesses create strong partnerships with clarity and confidence. It outlines each party’s roles, financial contributions, and management structure - keeping everyone aligned and protected. This template offers a solid foundation for a successful collaboration.

Why this agreement matters:

Defines responsibilities

Clearly outlines each party’s contributions and duties, setting expectations and helping both sides stay focused on common objectives.

Records financial commitments

Documents each party’s investment and how profits or losses will be shared, ensuring fairness and transparency in the financial arrangement.

Streamlines project management

Establishes a management framework, including decision-making processes and the appointment of key roles, to keep the venture on track.

Protects intellectual property

Specifies ownership of any intellectual property created during the venture, safeguarding rights and preventing future disputes.

Guides venture termination

Details the steps for an orderly and fair exit if the partnership needs to end, providing assurance for both parties.

Secures confidential data

Includes robust clauses to protect sensitive information, maintaining the privacy and security of your business data throughout the partnership.

Please note

This template is designed to guide you in drafting your own joint venture agreement. Since all business have their own requirements, we recommend tailoring it to suit your needs. For expert legal guidance, reach out to one of our commercial solicitors.