Key considerations for forming and operating a joint venture in the U.S.

Each of these items will help ensure that a U.S.-based joint venture (JV)—especially one in a regulated industry with cross-border aspects—is set up and operated on solid legal, compliance, and tax footing. By diligently addressing pre-formation, formation, and post-formation considerations, the JV partners can minimize legal risks and position the JV for a smooth and compliant operation.