Since the contractual joint venture is not a separate legal entity, but only the merger of several independent companies, it will generally be tax-transparent. As a general rule, there is no need for a separate tax registration, but each member of the joint venture must meet its own tax obligations. On the other hand, the joint venture under contract will require much less formality, since it does not need to be registered, there will be no statutes in addition to the joint enterprise agreement and there will be no separate license to be obtained.  For example, a 55/45 or 60/40 redistribution is common for a bipartisan joint venture. Where there are three members, there is usually a 40/30/30-30 split or 50/30/20, although all types of redistribution are possible depending on the parties involved and the nature of the project. A consortium is a group of two or more individuals, companies or governments working together to achieve a common goal. Companies participating in a consortium pool resources, but they are only responsible for obligations defined in the consortium agreement. Any company under the consortium therefore remains independent of its normal activities and has no say in the activities of another member that are not related to the consortium. This question is self-evident for the JV`s partners. They can easily give the exact numbers of their bet: 50/50 or 60/40 or 40/30/30, etc. The figures are round and constant, from the signing of the joint enterprise agreement until the end of the project. The figures represent each member`s share of the joint venture, including equity (if any).
For example, a unionized partner may be responsible for the supply of performance-monitored devices. The corresponding performance LDs are usually fully supported by this part. It is obvious that things become more complicated when the scope of several partners influences the overall performance of the project in an interdependent way.