The Incorporated Joint Venture Agreement is a crucial document used when parties wish to establish a formal joint venture company in Saudi Arabia as a separate legal entity. This type of agreement is particularly relevant in the context of Saudi Vision 2030, which encourages foreign investment and private sector participation in the Kingdom's economy. The document must comply with Saudi Companies Law, Foreign Investment Law, and other relevant regulations, making it more complex than similar agreements in other jurisdictions. It's commonly used when foreign companies enter the Saudi market with local partners, when implementing major infrastructure or industrial projects, or when combining complementary capabilities of different organizations. The agreement typically includes detailed provisions for corporate governance, capital requirements, management control, profit sharing, and exit mechanisms, all structured to meet Saudi legal requirements while protecting the interests of all parties involved.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the JV partners, including full legal names and registration details
2. Background: Context of the JV formation, objectives, and brief description of each party's contribution
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Formation of the Joint Venture Company: Details of company formation, structure, and registration requirements under Saudi law
5. Capital Structure and Funding: Share capital, shareholding percentages, and additional funding mechanisms
6. Corporate Governance: Board composition, voting rights, reserved matters, and management structure
7. Business of the JV Company: Scope of business activities, business plan, and operational parameters
8. Shareholder Obligations: Commitments and obligations of each shareholder, including capital contributions and support
9. Share Transfer Restrictions: Limitations on share transfers, pre-emptive rights, and tag-along/drag-along rights
10. Dividend Policy: Rules for profit distribution and dividend declarations
11. Deadlock Resolution: Procedures for resolving management deadlocks and serious disagreements
12. Term and Termination: Duration of the JV and circumstances for termination
13. Exit Provisions: Mechanisms for shareholder exit, including put and call options
14. Confidentiality: Protection of confidential information and trade secrets
15. Governing Law and Dispute Resolution: Saudi law as governing law and dispute resolution mechanisms
1. Intellectual Property Rights: Required if any IP is being contributed to or developed by the JV
2. Non-Competition: Include if parties agree to restrict competitive activities
3. Employee Matters: Needed if specific arrangements for employee transfers or secondments are required
4. Shariah Compliance: Detailed section required if JV will engage in financial activities or require specific Shariah compliance
5. Technology Transfer: Include if technology transfer is a key component of the JV
6. Local Content Requirements: Required if JV operates in sectors with specific Saudi localization requirements
7. Environmental Compliance: Include for JVs in industries with significant environmental impact
8. Government Relations: Needed if JV requires specific government approvals or ongoing regulatory compliance
1. Schedule 1 - Business Plan: Detailed business plan including financial projections and operational strategies
2. Schedule 2 - Capital Contributions: Detailed breakdown of each party's capital contributions (cash and in-kind)
3. Schedule 3 - Articles of Association: Draft Articles of Association compliant with Saudi Companies Law
4. Schedule 4 - Reserved Matters: List of decisions requiring special approval majorities
5. Schedule 5 - Initial Officers: List of initial directors, officers, and key employees
6. Schedule 6 - Completion Requirements: Checklist of requirements for completing the JV formation
7. Schedule 7 - Warranties: Detailed warranties given by each party
8. Schedule 8 - Technical Services Agreement: Terms of technical support if applicable
9. Schedule 9 - License Agreements: Any IP or technology licenses granted to the JV
10. Schedule 10 - Key Performance Indicators: Agreed performance metrics for the JV
Find the exact document you need
Joint Development Agreement In (Real Estate)
A Saudi Arabian law-governed agreement establishing terms for joint real estate development between multiple parties, including contributions, responsibilities, and profit-sharing arrangements.
Download
Joint Venture Agreement (Real Estate)
A Saudi Arabian law-governed agreement establishing a joint venture for real estate development, investment, or management, incorporating Sharia compliance and local regulatory requirements.
Download
Joint Venture Agreement For (Construction)
A Saudi Arabian law-governed agreement establishing a joint venture between parties for construction projects, covering operational, financial, and regulatory requirements.
Download
Joint Venture Agreement For Bidding
A Saudi Arabian law-governed agreement establishing a joint venture between parties for submitting a specific bid, outlining roles, responsibilities, and bidding process arrangements.
Download
Joint Project Agreement
A Saudi law-governed agreement establishing terms and conditions for collaborative projects between multiple parties, incorporating Sharia principles and local regulations.
Download
Joint Partnership Agreement
A Saudi law-governed agreement establishing a partnership between multiple parties, defining capital contributions, profit-sharing, and management rights.
Download
Jv Contract Agreement
A Saudi Arabian law-governed agreement establishing a joint venture between multiple parties, defining structure, governance, and operational framework while ensuring compliance with local regulations and Shariah principles.
Download
Wholesale Joint Venture Agreement
A Saudi Arabian law-governed agreement establishing a joint venture for wholesale trading operations, defining structure, management, and operational framework.
Download
Pre Bid Joint Venture Agreement
Saudi Arabian law-governed agreement establishing terms for parties to collaborate on preparing and submitting a joint bid for a specific project.
Download
Joint Venture Management Agreement
A Saudi Arabian law-governed agreement establishing the management framework and operational structure for a joint venture enterprise.
Download
Joint Agreement Contract
A Saudi law-governed agreement establishing terms and conditions for collaborative business arrangements between multiple parties, compliant with Shariah principles.
Download
Incorporated Joint Venture Agreement
A Saudi Arabian law-governed agreement establishing an incorporated joint venture entity, defining its structure, management, and operational framework.
Download
Joint Venture Licensing Agreement
A Saudi Arabian law-governed agreement establishing a joint venture entity with integrated licensing arrangements for technology or intellectual property transfer.
Download
Joint Venture Dissolution Agreement
A Saudi law-governed agreement that formalizes the dissolution of a joint venture partnership, outlining terms for termination and asset distribution in compliance with local regulations.
Download
Joint Venture Profit Sharing Agreement
Saudi Arabian joint venture agreement establishing partnership terms, profit-sharing mechanisms, and governance structure in compliance with local laws and Shariah principles.
Download
Consortium Agreement For Tender
A Saudi Arabian law-governed agreement establishing a consortium between multiple parties for joint tender participation, defining their rights, responsibilities, and operational framework.
Download
Consortium Agreement Between Companies
A Saudi law-governed agreement establishing a consortium between multiple companies, defining their cooperation terms and joint venture activities.
Download
Unincorporated Joint Venture Agreement
A Saudi Arabian law-governed agreement establishing an unincorporated joint venture between parties, defining their rights, obligations, and collaborative framework while maintaining separate legal identities.
Download
Joint Venture Operating Agreement
A Saudi law-governed agreement establishing and regulating joint venture operations between multiple parties, outlining key terms for business collaboration and regulatory compliance.
Download
Joint Venture Memorandum Of Understanding
A preliminary agreement under Saudi Arabian law outlining the key terms and framework for establishing a joint venture between parties, setting the stage for detailed negotiations.
Download
Joint Venture And Shareholders Agreement
A Saudi Arabian law-governed agreement establishing a joint venture company and defining shareholders' rights and obligations, compliant with local regulations and Sharia principles.
Download
Contractual Joint Venture Agreement
A Saudi Arabian law-governed agreement establishing a contractual joint venture between parties, defining their collaboration terms and obligations while maintaining compliance with local regulations and Sharia principles.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)