Structure
Corporate JV, contractual arrangement or a Spanish UTE for project work — each with distinct liability profiles.
M&A
Joint ventures in Spain
Joint ventures fail on governance far more often than on commercial logic. The documents should assume disagreement rather than goodwill.
Who this is for
- Foreign partners with a Spanish counterpart
- Co-investors in projects
- Real estate development partners
Deadlock
Escalation, buy-sell mechanics and exit routes agreed while the relationship is healthy.
Contributions and IP
What each partner brings, how it is valued and what happens to it on exit.
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Frequently asked questions
- What is a UTE?
- A Spanish temporary business association used for joint execution of projects. It is efficient for defined works but carries joint liability considerations.