A joint venture agreement often includes the following points: There are different types of joint venture agreements that you can conclude. They depend mainly on the objective of the Joint Undertaking and the objectives it is to achieve. In both cases, the status of the company created is that of a Chinese legal entity that can directly hire labor as a Chinese national shooter, for example. The minimum capital is recorded at different levels of investment. This type is created when two parties come together with an agreement to sell their products or services. The main objective of this type of joint venture is to reduce marketing efforts and costs, while products or services gain a wider market and a wider reach. Some examples of this type of joint venture would be, but are not limited: in European law, the term „joint venture“ is an elusive legal concept, better defined according to the rules of company law. . . .