A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as JV limited by guarantee, joint ventures limited by guarantee with partners holding shares. In European law, the term 'joint-venture' (or joint undertaking) is an elusive legal concept, better defined under the rules
Words: 7550 - Pages: 31
TAX Expanding your horizons? A guide to setting up business across the Middle East and North Africa region KPMG E x p a n d i n g y o u r h o r i z o n s ? A guide to setting up business across the Middle East and North Africa region E x p a n d i n g y o u r h o r i z o n s ? A guide to setting up business across the Middle East and North Africa region Contents Pages Introduction 1 Algeria 3 Bahrain 8 Egypt 12 Iran 17 Jordan 20 Kuwait
Words: 26897 - Pages: 108
directors are usually named in the articles. The articles may also provide that both the number and the names of the first directors shall be determined in writing by the subscribers to the memorandum or a majority of them. Where the articles are silent regarding the appointment of directors, the subscribers of the memorandum who are individuals shall be deemed to be the first directors of the company. They shall hold office until the directors are appointed at the first annual general meeting. 2. Appointment
Words: 4484 - Pages: 18
prescribed’, in the Rules (340+) which are yet to be finalised and notified. As of the date of this publication, 99 sections have been notified and a few circulars have been issued clarifying the applicability of these. We are pleased to bring you our new publication, Companies Act, 2013: Key highlights and analysis. This publication brings out the significant changes proposed by the 2013 Act as compared to the 1956 Act and our initial analysis thereon. It is pertinent to note that for the complete understanding
Words: 22714 - Pages: 91
interoffice memorandum to: | James Smith; CEO, Big Toy Co. | from: | Joe Polley; Division Manager, Big Toy Co. | subject: | John Doe – Constructive Discharge Claim | date: | February 22, 2014 | On January 13, 2014, John Doe (“Doe”), a production employee at the Dayton, Ohio facility, tendered his voluntary resignation claiming religious discrimination. Doe, up until his resignation, worked for Big Toy Co. in a variety of positions for over twenty years with no recorded employment or discipline
Words: 1266 - Pages: 6
Law of Business Organisations SUMMARY 2010 LAWSKOOL PTE LTD BUSINESS ORGANISATIONS LAW TABLE OF CONTENTS 1 :Types Of Business Organization.................................................... 9 1.1 Sole Proprietorships .......................................................................................... 9 1.2 Partnerships ..................................................................................................... 10 1.3 Limited Liability Partnerships ..............
Words: 2872 - Pages: 12
Pre-Feasibility Study IT Solution Company ABC SOLUTIONS innovatively yours!! Presented by: YOUSEF OMER Pre-Feasibility Study IT Solution Company DISCLAIMER The purpose and scope of this information memorandum is to introduce the subject matter and provide a general idea and information on the said area. All the material included in this document is based on data/information gathered from various sources and is based on certain assumptions. Although, due care and diligence has been
Words: 5943 - Pages: 24
attempts to analyze the concept of e-CRM in Indian banks from its various dimensions covering specifically its need, process, present status and future prospects. Introduction The advancement in information and communication technology has made the new millennium, emillennium. The dividing line between banks and non-banking financial institutions, like insurance and mutual funds, is getting blurred. Competition from players in the market has resulted into products and services traditionally offered
Words: 3357 - Pages: 14
Management Behavior Memo HRM 531 November 15, 2010 Management Behavior Memo To: Supervisors From: Manager CC: David Spencer, President Janet Durham, VP of HR Date: November 15, 2010 The purpose of this memorandum is to remind each of you about the importance of your response and behaviors as a result of this merger with EnviroTech. To this point each of you has done a superb job in maintaining your professionalism and addressing issues as they come up. I want to commend you for your
Words: 1291 - Pages: 6
EDLHODM/101/3/2015 Tutorial letter 101/3/2015 The Educator as Leader, Manager and Administrator EDLHODM Semesters 1 & 2 Department of Educational Leadership and Management IMPORTANT INFORMATION: This tutorial letter contains important information about your module. CONTENTS Page 1 INTRODUCTION .......................................................................................................................... 3 2 PURPOSE OF AND OUTCOMES FOR THE MODULE ..........
Words: 6829 - Pages: 28