Document background
The Joint Venture And Shareholders Agreement is a fundamental document used when two or more parties wish to establish a joint business venture in Ireland while simultaneously defining their relationships as shareholders. This dual-purpose agreement is particularly crucial in the Irish business environment, where it must comply with the Companies Act 2014 and other relevant Irish legislation. The document is typically used when parties want to combine resources, expertise, or market access while maintaining clear governance structures and protecting their respective interests. It covers essential aspects such as initial capitalization, business operations, management control, profit sharing, and exit strategies. The agreement must be carefully drafted to ensure compliance with Irish corporate law, competition regulations, and relevant industry-specific requirements, while also addressing practical commercial considerations specific to the joint venture's objectives.
