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What is the process of the formation of a joint venture in Uganda?
Wiki User
∙ 12y ago
Joint venture formation in Uganda is just like any where else. For the un-initiated, a joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits.
Therefore, before this alliance is formed, identification of like minded partners is crucial. Each outline their expectations and objectives, which are then put in writing by a formal agreement. This agreement outlines, with great detail and as much specificity that can be mustered, the contributions of the parties, profit sharing ways, management generally, and termination of the venture.
However, that is not the end of the matter. Other procedures of setting up business then come into play. Some parties may choose to register a company as their investment vehicle. The procedure for this is well known. (If not, you can contact me for a detailed explanation).
Others may choose to operate the JV as a franchise or private-public sector partnerships with government.
Wiki User
∙ 12y ago
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Examples of joint ventures in Uganda?
Sony-Ericsson is a joint venture by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to make mobile phones. The stated reason for this venture is to combine Sony's consumer electronics expertise with Ericsson's technological leadership in the communications sector. Both companies have stopped making their own mobile phones.EDIT [03/03/2012]: This joint venture agreement is no more available.Virgin Mobile India Limited is a cellular telephone service provider company which is a joint venture between Tata Tele service and Richard Branson's Service Group. Currently, the company uses Tata's CDMA network to offer its services under the brand name Virgin Mobile, and it has also started GSM services in some states.
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