We at Phoenix, we works as a negotiator of delivering business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as joint venture limited by guarantee, joint ventures limited by guarantee with partners holding shares. Companies typically pursue joint ventures for one of four reasons: to gain faster entry into a new market; to acquire expertise; to increase production scale, efficiencies, coverage and to expand business development by gaining access to distributor networks.
We also help two or more companies to form a new company. We provide guides and the essential necessity for the merging of the companies.
We voluntary amalgamation of two firms on roughly equal terms into one new legal entity. Mergers are effected by exchange of the pre-merger stock (shares) for the stock of the new firm. Owners of each pre-merger firm continue as owners, and the resources of the merging entities are pooled for the benefit of the new entity.