Learn how U.S. companies can hire foreign independent contractors, covering legal aspects, benefits, and compliance tips. This article will outline four steps for hiring international contractors overseas and how Wise can help cut costs on global payments.When a US company hires independent contractors who are US residents, it should have contractors complete Form W9. Understand tax requirements when hiring a foreign contractor. Our guide provides essential insights for seamless compliance with international tax laws. If you contract with a foreign company or selfemployed workers who operate under a business entity, you'll need to collect IRS Form W8BENE. US company hiring a foreign independent contractor living in another country. Collect Form W-8BEN(E) from the contractor as proof of status. Accurately paying foreign contractors requires thorough knowledge of the tax and employment laws in the countries where your business operates. 52 Did the organization complete Schedule A?