Document background
The Construction Joint Venture Agreement is essential for parties seeking to collaborate on construction projects in Belgium while sharing risks, resources, and expertise. This document is particularly valuable for complex construction projects where multiple parties need to combine their capabilities, capital, or local market knowledge. It must comply with Belgian legal requirements, including the Companies and Associations Code, construction industry regulations, and relevant employment laws. The agreement typically covers project execution, profit sharing, governance, liability allocation, and operational procedures. It's commonly used for large-scale developments, infrastructure projects, or when local partnership is necessary for market entry. The document should be tailored to account for specific Belgian construction industry practices, regulatory requirements, and tax implications.
