Get your independent contractor agreement in the British Virgin Islands for $0

Hey, we’re Thera: The platform built for hiring and paying contractors, all over the world. We’ve got locally-compliant contracts in more than 150 countries—written to comply with local contracting laws in places like the British Virgin Islands.

The good news: Thera’s free until you pay your first contractor. So, grabbing your contractor agreement costs you a grand total of $0. Hit the button below to pick up your locally-compliant contract in the British Virgin Islands. It takes all of 2 minutes to sign up.

Answering all your questions about independent contractor agreements in the British Virgin Islands

You may have questions. We’re here to answer them. Below, you’ll learn all the extra stuff you should probably know before putting together an independent contractor agreement for the British Virgin Islands.

Why do I need an independent contractor agreement in the British Virgin Islands?

Once you’ve found a contractor to work with in the British Virgin Islands, your next priority should be drafting a strong independent contractor agreement. An independent contractor agreement is simply a written contract that outlines all of the important details of your partnership like the scope of work, deadlines, and compensation.

It’s not unheard of for companies to work with contractors with only a verbal agreement, but this is a risky practice. Because business with independent contractors is typically governed by civil law, a written agreement is often the only legal foundation on which to base disputes. It is important that your written contract fully encompasses both parties’ expectations and lists the terms you agreed to so that you’re both protected if someone doesn’t hold up their end of the deal.

So do you really need a written independent contractor agreement? Absolutely. In the British Virgin Islands, and everywhere else you hire.

What do contractor agreements in the British Virgin Islands typically need to have?

Every contractor agreement in the British Virgin Islands (and, the rest of the world) can be broken up into two parts:

• Contract-specific variables: This includes things like scope of work, rate, and deadline. They’re the project-specific variables that you’ll include with each contract, and are totally dependent on what type of work you’re hiring a contractor to do.
• ‍Everything else: Besides things like scope and deadline, every independent contractor agreement in the British Virgin Islands should follow a similar structure. If you want to grab your own contract with a compliant structure for the British Virgin Islands, sign up to Thera

What makes contractors different from employees in the British Virgin Islands?

Hiring independent contractors is usually faster, cheaper, and easier for companies than hiring a new employee. Although the prospect of reduced hiring stress is appealing, it’s important to fully understand the differences between employees and contractors to decide what’s right for your company.

Here are a few of the key things that make contractors different from employees in the British Virgin Islands:

• Contractors can set their own schedules
• Contractors can work with their own software and tools
• Contractors can work for other clients
• Contractors rarely receive benefits, like health insurance*

Working independently is an attractive option for talented professionals because they are able to retain their autonomy. They are free to pursue work that excites them while being their own boss. This is great for your company too, because you are able to find talented contractors who share your passion without the stress of overseeing their every move. If this sounds right for your business, Thera can help you get started with an independent contractor agreement.

*With Thera, you can get your contractors access to sign up for premium global health insurance, from SafetyWing, at a 50% discount.

Click here to learn more about hiring your team in the British Virgin Islands.