| |
You are here: Experts > Business > Small Business: UK > Negotiating Business Deals > joint venture partners
Expert: Ronald J. Cappuccio, J.D., LL.M.(Tax) - 11/2/2009
Question
Dear Mr. Ronald,
I own a small electromechanical industry in Brazil that provide integrated turn Key equipment and components for lifting, moving materials and other various types of components, with a great potential in market. I'm looking for a joint venture partners.
My company has been in this business for over Ten years manufacturing metalworking resources, refining and mechanical work. We have the technology and engineers to develop new equipment, modernization and reformation .
We operate in the following segments: steel mill, mining, metallurgical, cementation, car assembly, petrochemical, sugar and alcohol Mill and etc.
I Would like to thank you for taking the time to read this letter and ask you how can I offer partnership of efficient way and to be successful.
Answer
Agostino:
Thank you for your question. First, you need a Brazilian lawyer to give you specific legal advice. In order to have "partners" you should first have a shareholder's agreement. This would define the rights of the shareholders if one dies or becomes disabled, retired or quits. Also, it would define what happens if one shareholder wants to sell.
I hope this helps!
Ron Cappuccio
www.BusinessEsq.com
Add to this Answer Ask a Question
|
|
