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 São Tomé and Príncipe.
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 belowto pick up your locally-compliant contract in São Tomé and Príncipe. It takes all of 2 minutes to sign up.
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 São Tomé and Príncipe.
You might be considering a verbal agreement for working with an independent contractor. Think again. Written independent contractor agreements are a vital part of any successful business relationship with a contractor. Independent contractor arrangements tend to be excluded from employment protections, so a written contract is necessary to protect everyone’s legal interests and hold everyone accountable to the agreed-upon terms.
For the contractor, a signed agreement legally entitles them to compensation for any work they complete, and gives them a legal defense if a company attempts to breach the contract. For companies, independent contractor agreements help make sure they receive quality work and detail the nature of the business partnership. By having a compliant agreement that shows the partnership is not encroaching on employee territory, companies can help protect themselves from employee misclassification trouble and the hefty penalties that accompany it.
So…You definitely need a written agreement if you’re working with contractors. This small effort at the beginning goes a long way in preventing headaches down the road.
Every contractor agreement in São Tomé and Príncipe (and, the rest of the world) can be broken up into two parts:
Whereas employees work directly under a company (often exclusively), independent contractors legally work for themselves. This entitles contractors to certain additional freedoms and excludes them from certain benefits associated with traditional employees.
Here are a few of the key things that make contractors different from employees in São Tomé and Príncipe:
It’s probably clear why so many professionals are moving into contracting. The ability to shape their own schedule, pursue work that actually interests them, and answer to themselves are benefits many workers prefer to an employee-employer situation. For companies like yours, this means having work completed by talented contractors without the additional risk or commitment associated with onboarding a new employee. If this is right for your company, 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.
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