A joint venture document is an agreement between two or more businesses to combine resources, products, services, or technologies. This can range from a simple cooperative agreement to a formal contract with clauses and terms that both parties must adhere to. It is essential for any business collaboration involving the sharing of resources and liabilities to ensure that all parties understand their commitments and stipulations. Joint venture documents provide a legal framework that defines the relationship between the two businesses and outlines specific responsibilities, rights, and obligations in the partnership. Such documentation helps protect the interests of all partners involved.