Corporate
Joint venture lawyer in Luxembourg
A joint venture brings several partners together in a common project through a dedicated Luxembourg vehicle. The firm structures its formation, drafts the joint venture agreement, organises shared governance and the allocation of powers, and secures the exit and deadlock clauses that protect each party.
Legal content reviewed by Maître Cora Maglo, Avocate à la Cour, Liste I du Barreau de Luxembourg depuis 2009.
A joint venture succeeds when the balance between partners is thought through before launch: who decides, who finances, who controls, and how each can exit if the project drifts. Poorly structured, the joint venture stalls at the first disagreement.
Cerno Law Firm selects and forms the suitable Luxembourg vehicle, drafts the joint venture agreement and organises shared governance, the allocation of powers and the exit and deadlock-breaking mechanisms, for a solid and lasting joint venture.
The need
You are launching a common project with one or more partners and must structure a joint venture in Luxembourg.
The challenge is not only to create the vehicle, but to organise the sharing of power and the exits before interests diverge.
The risk
Unbalanced governance, a deadlock situation with no exit mechanism, unsecured contributions, a partner locked into the project.
A joint venture without a solid agreement becomes paralysed at the first conflict and destroys the value of the project for all partners.
The firm's involvement
Cerno Law Firm, a law firm admitted to the Luxembourg Bar, structures the Luxembourg vehicle, drafts the joint venture agreement and organises shared governance, the allocation of powers and the exit and deadlock clauses.
Our digital tools only simplify information gathering and the tracking of the matter; they never replace the lawyer's advice, who structures the balance between partners and secures each clause of the agreement.
Practice areas
When to call on the firm
- Create a joint venture with an industrial or financial partner.
- Structure a Luxembourg vehicle for a common project.
- Organise shared governance and the allocation of powers.
- Secure the exit and deadlock-breaking clauses in the event of disagreement.
Method
Our engagement process
- 1
Information intake
You describe your need via a structured form or an initial call. Our digital tools serve only to organise this information and save time.
- 2
Lawyer qualification
Maître Maglo reviews your situation, identifies the legal issues and confirms the feasibility and exact scope of the engagement.
- 3
Transparent quote
You receive a clear fee proposal, a fixed fee or a range, before any engagement. Nothing is billed without your approval.
- 4
Legal work
The firm drafts, negotiates or litigates as required. Every deliverable is designed and approved by a lawyer admitted to the Luxembourg Bar.
- 5
Tracking and delivery
You follow your matter transparently and receive your finalised documents with the explanations you need.
Documents required
- • Description of the common project and of each partner's contributions
- • Governance and allocation of powers objectives
- • Identity and situation of the partners
- • Envisaged financing and contribution elements
Deliverables
- • Structured Luxembourg vehicle
- • Joint venture agreement drafted
- • Shared governance and exit and deadlock clauses
Indicative timing
Formation of the vehicle follows the timeframe of a Luxembourg company; negotiation of the joint venture agreement depends on the number of partners and the complexity of the balance sought.
Stated fees
Structuring a joint venture is quoted according to the number of partners and the complexity of the governance, from 1,500 EUR. An initial scoping is offered from 175 EUR excl. VAT.
FAQ
Frequently asked questions
What is a joint venture?
It is a partnership bringing several partners together in a common project, most often through a dedicated vehicle. In Luxembourg, the firm structures the vehicle and the agreement that organises its balance.
What is a joint venture agreement?
It is the contract that organises the relations between partners: shared governance, allocation of powers, financing, and above all exit and deadlock clauses. It is the centrepiece of the joint venture.
Why provide for exit and deadlock clauses?
Because a joint venture can seize up: these clauses (buy-out, joint exit, deadlock-breaking mechanisms) allow each partner to exit or to unblock the project on terms agreed in advance.
Which Luxembourg vehicle for a joint venture?
The choice depends on the project, the number of partners and the objectives: the firm guides you towards the most suitable form and puts it in place together with the associated agreement.
Member of
Affiliations & réseaux professionnels
Free guide · PDF
The practical guide to secure your next step
Checklists, key steps and points to watch, prepared by the firm. Get it instantly, no strings attached.
- The key steps, explained simply
- The documents to prepare
- The common mistakes to avoid
Go further
Related pages
Free diagnostic
Not sure where you stand? Get an answer in 2 minutes.
A few questions are enough to identify your need and the right legal answer, with no sign-up and no commitment.
Choosing Cerno means choosing over 17 years of experience
- 2013
- independent firm
- 2009
- at the Bar since 2009
- 7
- working languages
- 100+
- companies & SOPARFI structured
- 200+
- visas & residence permits obtained
- 170
- client nationalities served
- 300+
- due diligence reviews conducted
Around twenty M&A transactions supported · one of the best visa approval rates in Luxembourg.
Since 2009, we devote our expertise to your satisfaction: more than 85% of our clients renew their trust in us.
Our work
Representative matters, anonymised
Typical examples of engagements handled by the firm, presented in an anonymised and illustrative manner. Each matter is handled and validated by a lawyer registered with the Luxembourg Bar.
A holding company and a residence permit, in a single process
Incorporation of a SOPARFI for a non-resident investor, combined with obtaining their residence permit. A single point of contact across both fronts.
Permit obtained in 6 weeksA similar matter? Companies & governanceFounders protected before the funding round
Structuring a shareholders’ agreement and governance for a young company with several founders, ahead of a funding round.
Shareholders’ agreement signed before the roundA similar matter? Debt recoveryA debt recovered across borders
Cross-border recovery of unpaid debts for an SME, through an order for payment and coordination with a foreign colleague.
Receivable recovered in full (100%)A similar matter? Employment lawAn executive defended before the Labour Tribunal
Supporting an executive in a contested dismissal, from strategy to representation at the hearing.
Case argued at the hearingA similar matter? ContractsA secured international distribution
Negotiating and securing an international framework distribution agreement, from liabilities through to the competent jurisdiction.
Competent jurisdiction securedA similar matter?Typical, anonymised examples, for illustration only. They do not prejudge the outcome of a matter, which depends on each situation.
Entrust my matter to the firmExpertise & authority
Ongoing review and analysis of Luxembourg and European case law
Avocate à la Cour, List I of the Luxembourg Bar since 2009
Trained at the London School of Economics, formerly at Clifford Chance and Bonn Steichen & Partners
Member of international networks: EILN, AEA, Cross Border Advisory Solutions
Every matter handled and approved by a lawyer admitted to the Bar
Support in 7 languages, clients of 170 nationalities
Testimonials
What our clients say
Had a consultation with Me Cora Maglo about my Luxembourg Blue Card application. She explained everything clearly: the process, timeline and documents I need, and helped me with my wife’s family reunification too. Honest and practical advice. I felt confident after talking to her.Farshid Pourlatifi
J’ai beaucoup apprécié le service de Maître Maglo : son sérieux, sa sympathie, son professionnalisme et sa disponibilité. Toujours répondu rapidement et clairement, avec des conseils pragmatiques, sans pousser à des procédures longues et coûteuses lorsqu’elles ne sont pas justifiées.Nathan Wirtzfeld
Super assistance and great support! Highly recommend. All my questions were answered, Cora and her team kept me updated all the time. I will definitely reach out to them next time for my residency.Tatiana
They talk about us
The firm referenced and cited
Professional directories, business press and legal publications where Cerno Law Firm and Maître Cora Maglo are referenced.
Let’s talk about your matter
Describe your situation: you receive an initial analysis and a transparent quote, with no obligation. One dedicated lawyer, from start to finish.