According to Article 28 of the Investment Law 2020, the content of the business cooperation contract includes:
- Name, address, authorized representative of the parties participating in the contract; transaction address or project implementation location.
- Objectives and scope of investment and business activities.
- Contributions of the parties participating in the contract and distribution of investment and business results among the parties.
- Progress and deadline for contract implementation.
- Rights and obligations of the parties participating in the contract.
- Amendment, transfer, termination of the contract.
- Responsibility for contract violations, dispute resolution methods.
- Other agreed-upon terms that do not contradict legal regulations.
In addition, the parties involved in the business cooperation contract may agree to use assets formed from business cooperation to establish an enterprise in accordance with the legal regulations on enterprises.
