Document background
The Joint Venture Operating Agreement is a crucial document used when two or more entities decide to combine resources, expertise, or capital to pursue a common business objective in the Netherlands. This agreement is particularly important in the Dutch business environment, where joint ventures must comply with specific corporate governance requirements and EU regulations. The document serves as the primary operational manual for the joint venture, detailing everything from daily management to strategic decisions. It typically follows the Dutch corporate governance structure, which often includes both a management board and supervisory board. The agreement must address specific Dutch legal requirements regarding shareholder rights, employee participation, and competition law compliance. Used across various industries, from technology to manufacturing, this agreement type is essential for establishing clear operational guidelines, risk allocation, and exit mechanisms while ensuring compliance with Dutch corporate law.
