Some examples of this type of joint venture would be, but are not limited: You do not know if you need a joint venture agreement? Here are some of the most common questions we are asked: this agreement contains the entire agreement and understanding between the parties and replaces all simultaneous communications, assurances, agreements and prior agreements, orally or in writing, between the parties as to the subject matter of this agreement. This Agreement may not be modified in any way except by a written amendment made by each party to this Agreement. Only some of the differences between a company and a partnership: this document should be used when two or more parties, whether individual, are companies that want to create a joint venture together. The joint ventures would create a separate legal entity, with the exception of each party`s business units. This means that costs, income and ownership of assets are borne by the joint venture and go directly to the persons or undertakings concerned. As you can see, there are different types of joint ventures you can do and they depend on your main purpose or goal to create one….