Joint Venture

Many companies in Iran are eager to do joint ventures with international companies. This also means reducing the risk of entering Iran

Joint Venture

Many companies in Iran are eager to do joint ventures with international companies. This also means reducing the risk of entering Iran

Joint Venture


In recent years, the willingness of Iranian companies to joint ventures, especially with international companies, has increased. Joint venture is mainly defined as the contract between two or more individuals or companies. In fact, a joint venture is a mutual investment of two or more groups or individuals for economic activity. Joint venture agreements usually lead to a new company whose revenue and profits are commensurate with the partnership; It is divided between groups and individuals. Usually when talking about a joint venture in Iran, the contract is associated with the following conditions:
• Cooperation of an Iranian company with an international company to produce jointly in Iran
• Production is usually done in Iran and technical knowledge is provided by an international company
• The overall management of the company and the activities of different departments such as marketing is usually done by a joint team

In general, Iranian companies have a high willingness to jointly invest and partner with international companies. This will bring countless benefits to both parties. The most important advantage for Iranian companies is that they can gain up-to-date and specialized knowledge in the field of production, research, development and even sales, and introduce new and distinctive products to the market.
However, the process of joint venture is very complex and requires deep knowledge of each other. Information plays a crucial role in this process. In fact, the most important steps in forming a joint venture agreement can be considered as follows:

  • In-depth knowledge and thorough analysis of the potential of companies
  • Correspondence and selection of possible options
  • Testing the possible products of the companies in question and localizing their products
  • Bilateral visits and in-depth talks on terms of cooperation
  • Contract and related legal matters
  • Formation of joint executive teams

nexlooks is one of the few Iranian agencies that has specialized in this field and has gone through this process many times with different companies, and can work with various companies as a consultant to better implement this process. nexlooks is also able to collect and analyze the information needed to identify and evaluate possible options and provide it to employer companies. This stage is one of the most important and effective measures in implementation of this project in the best way.

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