What are the best practices for protecting intellectual property when forming a joint venture?

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What are the best practices for creating a joint venture?
Are there any restrictions on the location of a joint venture?
What is joint venture liability?
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Are there any limitations on what a joint venture can do?
Are joint venture profits subject to taxation?
Do joint ventures need to be registered with the government?
What is the duration of a joint venture?
What is the difference between a joint venture and a partnership?
Are there any restrictions on the types of investments a joint venture can make?

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