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Joint venture

An agreement by two companies, typically one foreign and one domestic to work together for mutual benefit with specific ownership percentages specified in a long-term contract. These two companies set up a third company (the Joint Venture). This new company…

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Jurat

A statement signed by a person authorised to take oaths certifying to the authenticity of a document or affidavit. See authentication; notary public.

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Juridical person

An individual or legal entity recognized under law as having legal rights and obligations. Corporations, and partnerships are examples of legal entities that are recognized as persons under the law. In countries that allow the formation of limited and unlimited…

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