| Complete concepts for collaboration |
 Collaboration can take various forms, and there is quite a lot to consider. For instance, how do you arrange liability, mutual responsibilities, or taxation issues? Particularly for smaller companies, including freelancers and one-man businesses, setting up the collaboration can sometimes be more complicated than actually working together on an order.
That is why Alliance experts has developed two standard solutions to facilitate collaboration. Selecting the best option primarily depends on the potential liability for the work of your partner. Contractual collaboration If the extra risk that you run on account of your partner(s) is small, then no new legal entity is necessary. You can sell the total solution to your customer yourself, and purchase the parts you need from your partners by means of a contractual agreement. It may still be useful to make a so-called back-to-back contract: you agree with your partner that he conforms to the same conditions as you have agreed with the client. Alliance experts has developed a model contract for this. Separate legal entity If the work that you and your partner(s) perform could lead to liability that could cause you problems, then it is wise to set up a new legal entity in which the liability can be limited. Clients can then only claim compensation from the partnership entity, but not from the partners themselves, provided of course that there was no improper management. If you consider to collaborate with another company and want to arrange that partnership in a practical and cost efficient way, please contact us. |