Need an extra pair of hands in your business, without taking on additional staff? Engaging the services of a consultant may be the answer. A consultant can plug the gap in the skills of your current employees, or act as an extra pair of hands during particularly busy periods. A consultancy agreement is a contract between your company and an independent contractor (a self-employed individual) for the provision of services. The important characteristic of a consultancy arrangement is that it does not create an employment relationship. The consultancy agreement will clarify important issues such as:
- Scope of the consultant’s role and responsibilities
- Payment terms
- Duration of the engagement
- Treatment of your confidential information
- Expected deliverables or time commitment
What you will get from this service
A 60 minute consultation with your lawyer to align objectives. You’ll discuss:
- The role you want your consultant to carry out
- Payment terms
- The objectives you want to achieve with the agreement
- The ways in which a consultant could be deemed to be an employee for tax-purposes and the safeguards you need to have in place to avoid creating an employment relationship inadvertently.
- Your specific questions about the agreement
- The key information your lawyer needs from you to begin drafting the agreement
What this service will enable you to do
You will have a formal, legally binding document that regulates the relationship between your business and the self-employed consultant. This provides you with:
- Flexibility to engage the contractor as and when you need them, without creating an employment relationship or hiring new staff.
- Clarity on each party’s roles, rights, responsibilities and obligations for the duration of the contract.
- Protection for your confidential information