Contractor of Record (COR)
sailglobal's Contractor of Record (COR) service helps companies compliantly engage independent contractors worldwide. As the contracting and payment entity, sailglobal signs service agreements with contractors on behalf of clients and pays contractors directly. This helps companies centralize global contractor management while reducing risks related to cross-border contracting, payments, tax, and compliance.
Service Advantages
Centralized Contracting and Management by sailglobal
sailglobal signs cooperation agreements directly with contractors
Centrally manages contractor information, payments, and engagement records
Clear Responsibilities Across All Parties
Through service agreements and SOWs, define roles among the client, contractor, and sailglobal
Across service delivery, payments, and compliance management
Proactive Compliance Risk Assessment
Based on local regulations and the actual engagement model
Identify potential risks such as misclassification, tax exposure, and cross-border payments
COR Service Content
From engagement assessment to ongoing management—making global contractor cooperation more secure
Engagement Suitability & Risk Assessment
- Assess location, fee structure, working model, and payment route.
- Identify cross-border compliance risks such as worker misclassification, tax exposure, and payment restrictions.
Agreement Signing & SOW Support
- sailglobal signs the service agreement with the contractor.
- Define the scope of services, deliverables, fees, and key terms.
Contractor Information Collection & Verification
- Collect and verify required contractor information.
- This may include identity documents, contact details, bank account information, and tax documentation.
Fee Settlement & Cross-Border Payments
- Process payments according to the agreed schedule, currency, and payment route.
- Maintain payment records for compliance and audit purposes.
Ongoing Service Management
- Manage changes, renewals, terminations, and payment exceptions.
- When the engagement relationship changes, assess whether to transition to an EOR model or local employment.
