However, if you choose to pay Indian contractors in a different currency, this agreement should be explicitly stated in your contract with them. Form W8BEN is vital for US companies to obtain from Indian contractors.If you are hiring a foreign contractor, you will need to have them complete IRS Form W8BEN. Please fill out the following form completely. I paid overseas(India) contractors, how do income tax treaties work? Condense endless contracts, invoices, and NDAs with your freelancers into one agreement with us, saving thousands of admin hours. orange. Discover the benefit of one of North America's leading staffing and services providers. Partner with Aerotek to advance your business or your career today. Contractor means an entity that receives a contract. From humble small-town roots, PCL became an international construction leader.