Proship.vn has compiled information from many different sources to clarify what the term joint venture is, what a joint venture vehicle is ...Individuals or Private Enterprises who want to learn about this issue can Gather knowledge to effectively support your business. In particular, we also want to share with readers how to distinguish genuine cars from joint-venture cars to avoid the situation of buying a car of poor quality, unknown origin, unsafe and being overpriced. compared to the general level in the market.
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What is a joint venture? Advantages and disadvantages of joint venture form
For businesses, to promote production and business activities, business owners must know how to expand the market scope of operation. To do that, joint ventures are becoming more and more popular. So, what is a joint venture?
Joint venture is a form of economic cooperation with a relatively high level. Joint ventures are conducted on the basis of completely voluntary participation of parties contributing capital to implement Workshops, Enterprises, and Companies to jointly produce, manage, and share profits according to the agreed method. previous agreement. Joint ventures can be carried out between two or more cooperating parties. The participating parties can be different entities and of different nationalities. It can be a relationship between domestic and foreign businesses, domestic businesses or between national governments.
A joint venture company is established in the form of a limited liability company or a joint stock company, in which each participating party will have a limited amount of capital committed to contributing to the legal capital of the enterprise. For example: Joint venture company between Vietnam Brewery (producing Tiger beers), Heniken and Bivina beer in Vietnam. Or a joint venture between Bayernoil refinery (Federal Republic of Germany), and parties including Eni, Varo Energy and Rosneft.
Advantage
- When entering into a joint venture, businesses can easily share technology and intellectual property of complementary nature related to products, services, etc.;
- Have access to new, modern technology, different management styles and levels among businesses;
- Business activities can be exceptionally successful due to the right business environment.
Defect
- Being tightly bound in a common legal entity between the parties, conflicts may arise;
- Accessing new markets will be difficult during the integration process and establishing business strategies.
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Conditions for implementing a legal joint venture
What is a joint venture, what are the advantages and disadvantages of this form of joint venture have been answered. Next, Proship will point out the prerequisites for implementing joint ventures for many businesses, corporations, and private individuals to understand. Accordingly, to carry out a joint venture, the entities need to meet the following conditions:
* For subjects (investors):
- If the subject is an individual, it must have full civil act capacity and must not be serving a prison sentence or administrative penalty as prescribed;
- For legal entities, it must be legally established and still in operation at the time of investment.
* Regarding financial issues:
- The investor's capacity conditions must correspond to the amount of investment capital committed to the investment agreement in the project. That means the investor must have enough ability to pay the capital as committed;
- The bank holding the investment amount of the joint venture company must be a suitable bank and licensed to operate in the Vietnamese market;
- The legal capital of the participating parties must meet the requirements of Vietnamese law on implementing joint venture companies.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
What is a joint venture vehicle? How much? How to distinguish a car from a genuine car?
Joint venture vehicles are vehicles produced by the association of two or more companies from many countries. In fact, joint venture vehicles have two different types. The first type is a domestically assembled car, which the buyer only needs to transfer to a normal title and pay registration tax. The second type is a tax-free imported joint venture vehicle. When transferring title, the buyer must pay additional import tax and special consumption tax, if any. If imported for more than 10 years, the vehicle will be exempt from import tax.
Currently, in the motorbike and car market in Vietnam, joint venture vehicles are becoming more popular. One of the most typical models is the Wave S 110 motorbike of the Vietnam - Japan and Korea Joint Venture. This car line is sold and used quite a lot in the Northern provinces, with the same design as the genuine car but the price is different.
However, currently, the concept of joint venture vehicles is being exploited to sell goods. People often label old cars reassembled in China as a joint venture car, to create a "luxury" look and easily attract customers. Many people also call this car a temporary car (because many types of components have different origins). On many car forums, experts advise that, if you do not know much about cars, you should buy genuine cars at Yamaha Town or dealers of Yamaha, Suzuki, or Head Honda.
Because they are produced with the cooperation of many different units, with a cost-optimized component system and cheap processing, joint-venture cars are often more affordable than the price of genuine cars and the design is also the same. not inferior at all. That is the reason why many "car enthusiasts" often choose to buy joint venture cars instead of genuine ones. For example, a joint venture motorbike can cost only 8 - 10 million VND while a genuine product can be 12 - 15 million VND.
How to distinguish between joint venture cars and genuine cars
Distinguishing between joint venture cars and genuine cars is both easy and difficult. Because usually genuine car models will have clear and public design brands. And when you go to the dealership to buy a car, the staff will also inform you in detail which car models are joint ventures and which car models are genuine. You can also distinguish through vehicle documents.
Some joint venture vehicle models have their own brands and unique vehicle structures. But there are also some lines that are designed identically to the genuine ones, so if you look with the naked eye and are not a professional, it will be very difficult for you to recognize them. Whether a joint venture vehicle consumes gas or not is also a distinguishing feature. Normally, joint venture cars will consume a little more gas than genuine cars. But that is the comment of some people who have used it, but there is no accurate basis.
Proship Logistics has answered the questions about what is a joint venture vehicle, what is a joint venture vehicle ,... so that interested individuals or businesses can understand these terms. At the same time, you can also grasp the advantages and disadvantages of the joint venture form, the current price of joint venture cars, and distinguish genuine cars from joint venture cars to make the best suitable choice. If you have any questions, please contact 0909 344 247 for direct answers and advice on all types of low-cost, comprehensive multi-modal transport services.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
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