Virgin Islands Drafting Agreement - Self-Employed Independent Contractor

State:
Multi-State
Control #:
US-INDC-27
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement between an employer and a draftsman whereby the employer hires the draftsman as an independent contractor. Please note that this Agreement is intended for general use. Your state law may require that additional or different provisions be included for agreements between a homeowner and a contractor for work on the home. In this instance, please consult your local law, local government or legal counsel.
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How to fill out Virgin Islands Drafting Agreement - Self-Employed Independent Contractor?

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FAQ

An independent contractor often functions as a freelancer, but typically will work with one client for a longer time frame. In many cases, independent contractors work for an hourly rate. Furthermore, they might work through a third party or agency but can also work on their own.

What should be included in a Contractor Agreement?Statement of Relationship.Project Description.Payment and Billing Terms.Responsibilities of Each Party.Project Timeline and Deadlines.Termination Conditions.Nondisclosure Terms, and Confidentiality and Non-Compete Clauses.

The independent contractor provision states that the relationship between the parties is that of an independent contractor, that the agreement does not create an employment relationship, and that under no circumstances is the independent contractor an agent of the company for which they provide services.

Doing Work as an Independent Contractor: How to Protect Yourself and Price Your ServicesProtect your social security number.Have a clearly defined scope of work and contract in place with clients.Get general/professional liability insurance.Consider incorporating or creating a limited liability company (LLC).More items...?

What Should an Independent Contractor Agreement Contain?Terms. This is the first section of any agreement or contract and states the names and locations of the parties involved.Responsibilities & Deliverables.Payment-Related Details.Confidentiality Clause.Contract Termination.Choice of Law.

A freelancer is an independent laborer who earns wages on a per-job or per-task basis, typically for short-term work. Benefits of freelancing include the freedom to work from home or from a non-traditional workspace, a flexible work schedule, and a better work-life balance.

The law does not require you to complete a contract with your self-employed or freelance workers - a verbal contract can exist even when there is nothing in writing.

The contract itself must include the following:Offer.Acceptance.Consideration.Parties who have the legal capacity.Lawful subject matter.Mutual agreement among both parties.Mutual understanding of the obligation.

A freelancer is similar to an independent contractor, but they tend to work on a project-to-project basis and have multiple employers at the same time. Independent contractors will be on long-term contracts, where freelancers are usually hired on short-term contracts.

What to Include in a ContractThe date the contract begins and when it expires.The names of all parties involved in the transaction.Any key terms and definitions.The products and services included in the transaction.Any payment amounts, project schedules, terms, and billing dates.More items...?

More info

The employment-at-will doctrine is that both employer and employee can end theemployees do not apply to self-employed, independent contractors. When a ... This is the accessible text file for GAO report number GAO-06-656 entitledcontract company workers, independent contractors, self-employed workers, ...This Agreement shall be governed by the internal laws of the Territory of the British Virgin Islands. This Agreement set forth the complete understanding of the ... Independent Contractor Standard for Oregon Department of Revenue; EmploymentWho Must File and Pay a Transit Self-Employment Tax?68 pages ? Independent Contractor Standard for Oregon Department of Revenue; EmploymentWho Must File and Pay a Transit Self-Employment Tax? However, the FLSA does not cover contractors ? there is no employment agreement in the Virgin Islands with an independent contractor. Is your business planning to hire an independent contractor?A contractor can be someone who is self-employed or who does work for a client but is ... Does the employment contract need to be in an official language? In just over 50% of the countries, there are no language requirements when it comes to drafting ... After over a decade, the British Virgin Islands (the ?BVI?) has enactedThe employment contract need not be in writing and may be oral, ... In cases arising out of contract, to be sued: Provided, That no tort action shall be brought against the government of the Virgin Islands. The self-employment tax rate on net earnings remains the same for 2004 and 2005The earnings of a person who is working as an independent contractor are ...

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Virgin Islands Drafting Agreement - Self-Employed Independent Contractor