Independent Contractor
Definition
Independent Contractor — Meaning, Definition & Full Explanation
An independent contractor is a self-employed individual or entity that provides specialised services to clients on a project-by-project or contractual basis, maintaining autonomy over the methods of performing the work. Unlike an employee, this professional is not part of the client's payroll, manages their own business expenses, and is typically engaged for specific tasks or outcomes.
What is Independent Contractor?
An independent contractor is a professional who offers specialised services to businesses or individuals under a specific contract, rather than being an employee. This arrangement allows organisations to access expert skills for particular projects or needs without incurring the overheads and legal obligations associated with full-time employment. The core characteristic of such a contractor is their autonomy; they decide how, when, and where