Country specific hiring info

A compliant independent contractor agreement for hiring in Iceland

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Country specific hiring info

A compliant independent contractor agreement for hiring in Iceland

Get your independent contractor agreement in Iceland 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 Iceland.

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 Iceland. It takes all of 2 minutes to sign up.

Answering all your questions about independent contractor agreements in Iceland

You probably 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 Iceland.

Why do I need an independent contractor agreement in Iceland?

Have you been thinking about whether or not you should get an independent contractor agreement for your talent from Iceland? If so, let us reassure you—it's a no-brainer. Not only is it a quick and easy way to organize all of the vital information about your project in one place, but it can also help to avoid potential legal problems in the future. An independent contractor agreement allows you to specify details such as the pay rate and any pending timelines. This ensures that everyone is on the same page from the very beginning.

What do contractor agreements in Iceland typically need to have?

Every contractor agreement in Iceland (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 Iceland should follow a similar structure. If you want to grab your own contract with a compliant structure for Iceland, sign up to Thera
What makes contractors different from employees in Iceland?

It's likely that you already knew that employees and contractors are different in Iceland, but did you realize just how different the process of hiring can really be? Each one comes with a unique set of onboarding rules, but it’s very clear that contractors require you to go through much less trouble—because of that your project will be up and running in weeks, maybe even days. Without the additional fees and taxes, it’s much more budget-friendly too.

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

  • 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*

Hiring contractors is the faster, cheaper, more flexible way to hire abroad. And, when you use Thera, you’re able to hire & pay with an employment-like experience—no more messy spreadsheets and manual wire transfers.

*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 Iceland.

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