Sometimes you need just a independent contractor and not employee. This helps you minimize cost of outsourcing. The implication of hiring a vendor or contractor is that you will pay less tax and can legally avoid paying unnecessary benefits.
What Independent Contractors Can Do for You:
Independent contractors also likened to vendors helps deliver certain aspects of your operations without compliance taxes such as Personal income taxes, pension tax, social security tax , benefits taxes, training and insurance taxes .
With just a simple Withholding / VAT tax, KaziAdvisory provides Independent Contractor Management Solution that help you avoid worker’s misclassification by our hiring them on your behalf, even without a local entity in the African country you can hire a vetted contractor.
KaziAdvisory Contractor Set up Process
- We understand your goal and the need for your choice
- We will vet several contractors and get their valid means of Identification based on KYC and KYB methodologies.
- We will setup an independent contract directly with the contractor
- and pay the Independent Contractor to the bank of choice in any country or currency.
- We will remit Withholding taxes or mandate contractors to provide evidence of tax remitted.
Why Companies Hire Us for Independent Contractor Management Solution?
Most companies come to us because:
- Clients are interested in avoiding employee mis classification
- They need us to be involved in negotiations with the Independent Contractors and verify them before they commit money for local operations.
- They want to start with independent contractor to ascertain their suitability of their craft before they eventually get converted to employees.
- Client want manage the Contracting process while sustaining compliance with local
- Manage cost and other valuable resources instead of the risk in handling disputes and employees’ queries.