Incorporated joint venture

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Incorporated joint venture

A joint venture in which legal entities are established to divide the project's equity by shareholdings in a company.

Incorporated Joint Venture

A joint venture in which the companies involved create a separate corporation and divide its shares between themselves as an equitable way to distribute income from the joint venture.
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Turning family-owned businesses into incorporated joint ventures increases the overall effectiveness of the economy, and has a positive impact on the local economy as a result of developing standards and controls for family-owned businesses, which represents a real added value to the national economy.

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