Contractor of Record (COR)
You’ve found the contractors.
We engage them compliantly on your behalf – one frame agreement, one invoice, no individual contracts, no multi-currency payment headaches, no compliance risk.
The Problem
Working with contractors across multiple countries sounds simple until you’re managing more than five individual contracts, paying in four different currencies, and trying to stay compliant with laws you don’t fully understand. Each contractor is a separate administrative thread – and as the number grows, so does the risk.
Most companies either absorb the overhead or default to expensive alternatives that still don’t solve the compliance problem. Contractor of Record removes all of it – one agreement with Perpetum, one invoice, and we handle everything in between.
And unlike managing contractors directly, you have one point of contact who knows your business, your contractors, and your compliance requirements. When something needs attention – a contract amendment, a payment query, an offboarding – you make one call.
How It Works
You Identify the Contractor
COR is for contractors you've already found. You introduce them to us, we wrap them compliantly.
Sub-contract Structure
Each contractor is engaged through Perpetum under one frame agreement and SOW with you - no individual contracts to manage on your side.
We Manage Compliance & Payment
We pay your contractors in their local currency. You pay us in your preferred currency. One invoice and one transfer.
Flexible Exit
Clean off-boarding when the engagement ends. No complications, no loose ends.
What’s Included
01
Frame Agreement & SOW
One master agreement covers all contractors.
02
Individual Contractor Engagements
Each contractor gets a compliant local contract, managed by us.
03
Multi-Currency Management
You pay once. We pay everyone locally.
04
Local Compliance Management
Every engagement structured compliantly for its jurisdiction.
05
Equipment Procurement & Delivery
Hardware sourced, shipped, and billed at cost.
06
Performance Oversight
We monitor and manage contractor relationships directly.
07
Flexible Onboarding & Offboarding
Clean starts and exits, no complications.
08
Dedicated Account Management
One contact across all your contractors.
09
Single monthly invoice
One invoice in your preferred currency covering everything
Pricing
$49 / Month Flat Fee Per Contractor
One Invoice in Preferred Currency
No Setup Fees
No Deposit Required
No Minimum Volume
* Rates may vary by market due to local compliance requirements or additional service needs – confirmed on your discovery call.
** COR is currently available in a few select countries. Coverage is expanding – ask if we support your location of choice via our Contact Form.
Who is this for?
Companies already working with contractors globally who need a compliant engagement structure
Businesses managing multiple contractors across different countries under one agreement
Teams using contractors informally who want a clean contractual and payment structure
Companies scaling contractor relationships without the administrative overhead
Founders and operators who want to pay contractors correctly without setting up local entities
Case Studies
FAQ
How is COR different from EOR?
COR is for contractors – self-employed individuals or companies engaged for a specific scope of work. EOR is for employees who receive a formal employment contract, statutory benefits, and full legal protections. If your contractors are showing signs of misclassification, EOR may be the right conversation.
Can contractors convert to permanent employment later?
Yes – if the relationship evolves into something that looks and feels like employment, we can transition them to EOR cleanly. We’ll flag if we think that conversation is worth having.
What countries do you cover?
We currently cover Eastern Europe, Latin America, South Asia, and South Africa. Coverage is expanding – if your target location isn’t listed, ask us on a discovery call and we’ll confirm availability.
How does the sub-contracting structure work legally?
Perpetum holds the contract with you via a frame agreement and SOW. Each contractor is engaged by Perpetum under a separate but matching local contract. You manage the work – we manage the paperwork, payments, and compliance.
What happens if a contractor isn't working out?
COR engagements are flexible by design. If a contractor isn’t delivering, the exit is clean – no severance complications, no lengthy notice periods in most markets. We handle the offboarding process end to end.
Do you handle IP and NDA agreements?
Yes – IP assignment and confidentiality clauses can be included in the contractor engagement documents. We recommend this as standard for any contractor with access to proprietary systems or code.
Is there a minimum engagement duration?
No minimum commitment. Contractors can be engaged for a single project or on an ongoing basis – the structure is flexible in both directions.
What is the misclassification risk for existing contractors?
It varies by market. Some jurisdictions – Poland and Serbia in particular – have increased enforcement activity around contractor arrangements that exhibit characteristics of employment. We’ll flag the risk level for your specific situation on the discovery call.
What is the misclassification risk if I continue paying contractors directly without a COR structure?
Misclassification risk varies by country but is rising across most markets Perpetum operates in. In Poland and Serbia in particular, tax authorities have increased enforcement against contractor arrangements that show characteristics of employment – fixed hours, single client, employer-supplied equipment. Companies that engage contractors directly across multiple jurisdictions are managing fragmented compliance exposure. COR wraps each engagement in a compliant local contract, reducing that risk to near zero under a single frame agreement.
Is there a minimum number of contractors required to use Perpetum's COR service?
No. There is no minimum volume – COR is available from a single contractor. At $49/month flat per contractor with no setup fees and no deposit required, it is cost-effective even for companies managing just two or three international contractors who want compliant engagement, multi-currency payment consolidation, and a clean audit trail.
Not sure whether you need COR or EOR?
COR is the right fit when you have already found a contractor and need a compliant engagement wrapper. EOR is the right fit when you want to hire someone as a formal employee with full statutory benefits. Still unsure? Talk to us.
Already Working With Contractors?
Tell us about your current setup – how many contractors, where they are, and how you’re managing them today. We’ll come back with a clear view on how COR can simplify it.