IRS Form W8BEN or IRS Form W8BENE. When a US company hires independent contractors who are US residents, it should have contractors complete Form W9.Discover the essential steps and legal intricacies involved in hiring independent contractors from overseas for US companies. This article will outline four steps for hiring international contractors overseas and how Wise can help cut costs on global payments. Understand tax requirements when hiring a foreign contractor. Our guide provides essential insights for seamless compliance with international tax laws. The Contractor will provide all personnel, equipment, facilities, and supplies necessary to perform the Services, except as set forth in the applicable SOW. Establish an independent contractor agreement. Explore the surge in demand for international contractors, the benefits of hiring global talent, and key factors to consider in making the right decision. Learn how to hire independent contractors overseas and ensure compliance with foreign employment laws to avoid misclassification risks.