TLF recognizes that Joint ventures and other collaborative structures are an important strategic aspect of many of our clients’ businesses approached to enter the GCC markets. Foreign companies are accustomed to form joint ventures with local companies conducting business in the local markets. Those foreign companies have the required expertise while local companies have the work tools and necessities to deal with public and private entities, in addition to their experience with the local markets. TLF in this regard assists in the negotiation of pre-formation and after-formation agreements, where the structure and timing of the JV formation is determined, and then proceed to negotiate and document all JV transaction documents. TLF regularly advise clients on their financial rights and commitments to the JV, their voice in governance and decision-making, and their exit strategies.
TLF works hard on professionally drafting and preparing those kinds of contracts and agreements, and helps in formulating the strategic form of alliances for joint ventures. TLF provides solutions if issues arise affecting joint venture, financing, tax, employment, technology transfer arrangements, corporate formation and compliance.
TLF joint venture experience spans many industries, including energy, consumer goods, health and medical, heavy industrial equipment, construction and engineering. TLF represented manufacturers in partnerships with manufacturers, contractors, and inventors seeking partnership. TLF assists its clients to find the best way to structure and manage their alliances and partnerships to achieve the strategic goals of the venture. TLF recognizes that alliances can be difficult to manage, therefore TLF help clients put a structured process in place, covering every step of alliance development.