For a single project, incorporating a joint venture company can be slow and disproportionate. So parties proceed on a memorandum and good intentions.
Without a proper agreement, contributions are disputed, decisions stall, third parties are unsure who they are contracting with, and each party can find itself liable for the other's actions.
Unincorporated Joint Venture Agreement
An agreement governing an unincorporated venture — contributions and funding, scope and management, decision-making, sharing of revenue and cost, liability between the parties and to third parties, default, and termination.
Your Vision, Backed by the Right Legal Support
You build the business. We help you protect it.
Imagine a project venture with contributions recorded, a decision process that works, liability allocated between the parties, and a clean route to wind up once the project completes.
Who this service is for
This Is For You If…
Parties collaborating on a single project or tender
Ventures where incorporating a company is disproportionate
Energy, engineering and infrastructure project partners
Parties whose informal collaboration needs documenting
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What we will do for you
This is what we will do for you
<ul><li>Define contributions, funding obligations and the scope of the venture</li><li>Set the management structure and decision-making process</li><li>Allocate revenue, cost, risk and liability between the parties</li><li>Provide for default, dispute and termination or wind-up</li></ul>
What’s Included
What’s Included in our service for you
Contributions, funding and scope defined
Management structure and decision process
Revenue, cost and liability allocation
Third-party contracting arrangements
Default, dispute and termination provisions
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Why Choose Legal That Works?
Why Choose Us To Assist You?
Digital-first
No office visit required—review and sign online
Transparent fees
Fixed price, no billing surprises
Deep experience
Various contracts across industries
Accessible
Our client portal keeps you informed
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We've Helped
You Need To Act Now
Important: Limited Slots
Without a written agreement, an unincorporated venture may be treated as a partnership, exposing each party to the other's liabilities.
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Nothing to Lose. Everything to Protect.
No Surprises. No Guesswork. Just Legal That Works.
Before anything starts, we speak with you to understand your business and make sure the service is the right fit. If it is not, we will say so upfront. No pressure. No wasted time. We only take on matters we are confident we can deliver with quality. That is why business owners trust us to get it right.
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Frequently Asked Questions
What is Legal That Works?
Legal That Works is a digital-first legal service designed by ASCO LAW (Messrs Akmal Saufi & Co) specifically for business owners and founders. We help you structure, grow, and protect your business through practical legal solutions—delivered fast, in plain English & Bahasa Malaysia, and with no office visit required.
What if I’m not sure what legal service I need?
No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.
Why not just incorporate a JV company?
Sometimes you should. For single projects, an unincorporated venture is often faster and avoids winding up a company afterwards.
Who contracts with the client?
Either one party as lead or both jointly. Each has different liability consequences.
Are we liable for our partner's mistakes?
Potentially, particularly to third parties. The agreement should allocate this between you as clearly as possible.
Are your services affordable?
Our transparent fee structure means no billing surprises. Membership unlocks the best rates, but even one-off services are designed to be clear and competitive. You’ll always know what you pay.
Who will be helping me?
All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.
Is everything done online?
Yes. Our service is fully digital. You can consult, review documents, sign agreements, and access your files securely from anywhere. No office visit required unless you want to meet in person. No office visit is required. If you require us to attend at your office or outside meetings, additional charges will apply.
What’s the difference between One-Off Service and Membership?
(1) One-Off Service: Pay for what you need, when you need it. Perfect for single transactions or urgent matters (2) Membership: Subscribe for ongoing access, priority support, and special pricing. Membership means you get a legal partner who truly understands your business.
