An independent contractor/Freelancer is a person. who works for a client particular company, But it is not an employee of that client. They may be hired for short-term or long-term projects. they can only control the freelancer’s work.
while a lot of freelancers in India work for clients without contracts and agreements. it’s a good repetition to bring in a contract.
An independent contractor is a self-employed person, that is, a consultant, lawyer, accountant, engineer, or any other person who provides assiduous services to another system for a fee
Who Is Independent Contractor?
If you are independent contractor, then you are self-employed. If the payer has the right to control or direct only the result of work and not what will be done and how it will be done
An Independent contractor is a self-employed person or entity contracted to perform work for or provide services to- another entity as an employee. As a result, independent contractor must pay their social security .and medicare taxes
Lawyers, Doctors, dentists, and many other experienced who provide independent services are classified as independent contractors.
Important Provisions Of Independent Contractor Agreement –
The independent contractor is required to mention the overall duration of the work in which he may be able to complete the task assigned to him.
A person is required to come into an agreement (known as Independent Contractor Agreement and/or ICA) if he is appointed as independent contractor with the company, being the other party.
This ICA admits knowledge of the rights, duties, accountability, services of the contractor, etc. to have an easier way to determine the accountability and culpability of both parties for the good point of the end-user or patron.
The first and foremost thing to keep in mind is that the independent contractor agreement must be well-written and drafted as per the needs and nature of the relationship between the hirer and the independent contractor
Details Of Both Parties: This clause includes basic information from both parties independent contractor such as their name, address, etc.
What Is An Independent Contractor OR Bond?
An Independent Contractor Bond is a legal contract that underline the scope, payment schedule, and deadlines for freelance work. Signed by both the contractor and the client, this Bond can help to set expectations and reduce the risk of variance.
Different from other sites that you may trip over, there is a lot more to BAKSHI & ASSOCIATES Lawyer than just contract templates.
If the client refuses to pay or there’s another issue, your BAKSHI & ASSOCIATES Lawyer membership provides the optional benefit of Document Defense protection. This custom document also includes a confidentiality Bond, insurance requirements.
Suitability For Benefits
The contractor is not a full-time employee. the responsibilities are undertaken and the payment or remuneration to be given to the independent contractor and how such payment is to be made.
Breach of agreement: This clause provides the remedies which can be availed by the hirer and the independent contractor in case of breach of the agreement by either side.
A Written Contract Agreement Is Particularly Important As It Allows For
- Protection under law.
- The agreement to be enforced and backed by law.
- The establishment of duties, responsibilities, and expectations
In case of matter pertaining to Independent Contractor Agreement In India you can contact –
Advocate Anmol Raj Bakshi
Office – 2043/16 Faridabad – 121002, Near Jain Mandir
Also At – Chamber No.272, District & Sessions Court, Faridabad.
Mobile – +91-9873750515, 9811680103
Website – www.bakshiandassociates.com