Forming joint ventures and alliances are widely followed methods among international companies in order to enter foreign markets. Foreign companies are accustomed to start joint venture projects with local companies in the local market, especially in the oil and gas sector and power generation /water sectors. These sectors are important to the economies in most of the GCC countries, and they are directly controlled by the governments, although governments are giving control to the private investors. Any foreign companies interested in investing in these fields can easily avoid the administrative difficulties by entering the market with local companies. The joint ventures and partnerships interact in various facets of corporate law, including securities, financing and regulatory compliance, mergers and acquisitions and general “contract” expertise. In addition, joint ventures and partnerships tend to require detailed tax analysis. As a result, TLF represents local and foreign entities in structuring and negotiating the joint venture terms and conditions. TLF advises on partnership arrangements and on other strategic alliance structures.
TLF recognizes that parties to a JV may face challenging issues, TLF works closely with clients in devising and implementing structures that are designed to meet expectations, facilitate the smooth running of alliances and provide a clear path for solutions if any dispute arises. TLF assists in planning and implementing financing package that meets JV parties' requirements. TLF provides advice and assistance with respect to various issues involving the establishment, management, financing and governance of joint ventures
TLF clients are in a variety of industries including construction, engineering, power & water, health, and oil & energy 