A Freelancer is a self-employed person, who is not devoted/committed to a particular employer at a particular period of time. The most imperative part of a freelancer’s work is the demarcation of his/her relationship with his/her customer and the clarity about the scope of the work that will be undertaken and executed. Moreover, it is also essential to decide upon the timelines that would be followed, the fees that are to be paid, along with issues about Intellectual Property’s ownership between the customer(s) and the freelancer. Hence, freelance work agreements, popularly known as independent contractor agreements or consulting agreements are contracts that are formulated between independent workers and their customers.
1. Understanding requirement
Firstly, there is a need for understanding the needs and the requirements of both the parties, along with the details outlining the expectations and the work is undertaken.
After a detailed discussion as outlined above, the terms of the agreement shall be finalized.
Our professionals can begin drafting the agreement once the terms of the agreement are agreed upon.
4. Review and finalization
Once the review of the drafted contract is completed, both the parties shall have opportunities to make changes to the agreement as per their terms, following which our professionals shall finalize the agreement.
- Names of both parties
- Services provided
- Project Schedules with dates
- Compensation details
- Deadline Details
- A clarification of the legal relationship
1. Do individual Freelancers need a Trade License?
Anyone who is engaged in any kind of trade, business or profession is required to obtain a trade license. Thereby, it is mandatory for freelancers to have one.