Ano mga Pros and Cons working as Independent Contractor?

[PHC-Minchi]

Employment type

1. Short-Term

Location

Manila

Hi Please. enlighten me. Medyo naguguluhan kasi ako sa setup na working as Independent Contractor. Baka meron dito may mga expi na as Independent Contractor,
ano kinaibahan nya sa mga regular employee?

 

[ZummerSoltice]

The definition of an independent contractor
own at least part of your own business. work for multiple companies during each tax year. have specialised skills or expertise. work on a temporary, short assignment or project. work for a client for a limited period of time and not on a permanent basis.

 

[PHC-Minchi]

The definition of an independent contractor
own at least part of your own business. work for multiple companies during each tax year. have specialised skills or expertise. work on a temporary, short assignment or project. work for a client for a limited period of time and not on a permanent basis.

Ahhh okay so hindi talaga entitled to have the company benefits and ρáíd leaves?

 

[ZummerSoltice]

parang ganun na pops..

Ahhh okay so hindi talaga entitled to have the company benefits and ρáíd leaves?

 

[yamsonjulius]

Sir alam ko po sole at corp lang pag dating sa contractor. So pag DTI kinuha mo automatically na solo ka kaya nga po sole proprietorship at kung SEC register naman is corporation means me kasama ka. So pagkakaiba nila pag sole pag aari mo ang kumpanya means gumewang ka at nalugi all of your assets will be claim unlike sa SEC naman is pagaari kayo ng kumpanya pag nalugi kumpanya di nila pwede kuhanin assets mo kasi group kayo o me kasama ka ng iba. Sa taxes naman ke SEC is automatically 30% ang tax mo while ke dti eh below 250k is walang tax

 

[Teryoo]

currently working as a VA (Independent Contractor) no tax until magbayad ka, ikaw magbabayad ng benefits mo like SSS, Pag ibig, Etc. work from home hawak mo oras mo, walang metrics, walang QA, ρáíd leaves dipende na sa client mo pero for me mas okay to kesa maging slave worker sa pinas