Fiducia TogetherJoint venture
Two businesses collaborating on something neither would do alone.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
A joint venture may be contractual or a separate jointly owned company, formed for a specific project or market.
Why it matters
It shares cost, risk and capability. It also creates a relationship that needs governing, and joint ventures fail more often on governance than on commercial logic.
What it looks like in practice
Agree in advance: who contributes what, who decides what, how profits are shared, what happens to IP created, and how it ends.\n\nDeadlock provisions matter in a 50/50 venture — see shareholders' agreement.
What to watch out for
Competition law. Agreements between competitors on price, markets or customers can be unlawful even inside a joint venture.
Where to get proper advice
A corporate solicitor, and competition advice where the parties compete.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.