JOIN VENTURE AGREEMENT IN THE JOIN VENTURE COMPANY

Abstract

Join Venture Aqreement (JVA) is one procedure that must be taken in the
establishment of PT. Join Venture Company. This agreement contains the parties' will in
more detail, decomposing and complete what has been stated in a Memorandum of
Understanding (MOU) but fundamental. Whereas in the MOU there is outlined the basic
points of the desired problem can be further realized. For example, how much capital is part
of each party and the ratio (Equity or Capital Participation Ratio).