India-native entity Foo Falcon Tech Pvt Ltd ยท CIN U72900KA2022PTC163007 47 engineers paid ยท Apr 2026 14 US/UK companies on the entity 0 notices since founding 4 yrs on the books 5-day contractual Go-Live SLA $149/employee/month ยท first month free PF ยท ESI ยท S&E across all 28 states + 8 UTs Income Tax Act 2025 ยท Form 130 ready DPDP Act 2023 ยท 24-hr breach SLA
India Contractor ยท Compliant contracts ยท Versatile

India contractor ยท Compliant contracts.

Every India contractor engagement starts with a compliant agreement: scope, deliverables, IP assignment, confidentiality, termination terms, dispute resolution. Drafted by Versatile, e-signed inside 48 hours.

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4 yrs On the books
47 Engineers paid ยท Apr 2026
14 US/UK companies on the entity
0 Notices since founding
Tell me about your first hire

I read every form personally. You will hear from me on email within 4-6 hours, with a draft offer letter attached.

By submitting, you agree to our privacy & terms. First month is on us. Or email our team directly.

Used by 59+ global companies hiring engineers, designers, and operators in India

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India EOR tailored to your home country.

Each route speaks your tax authority, your currency, your data regulator, your entity type. Click your flag to see the EOR setup your finance and legal teams will read first.

Not sure which fits? See the full country router.

Used by 59 companies hiring engineers, designers, and operators in India

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A compliant contract is the first line of misclassification defence.

Indian courts and tax authorities apply substance-over-form analysis: the label on the agreement is overridden if the working relationship looks like employment. A well-drafted contractor agreement does two things: it structures the engagement to pass the behavioural test, and it documents the structural choices in case of audit. Versatile drafts the agreement against the latest Industrial Relations Code and Code on Wages tests, with explicit IP assignment to the client's parent entity.

Scope and deliverables, specified

Contractor agreements specify deliverables, not hours. The contractor controls how the work gets done. A fixed-deliverable contract is structurally distinct from employment.

IP assignment, at sign

All work product assigned to the client's parent entity (US/UK Inc/Ltd) on creation. The clause is enforceable under both Indian contract law and Delaware/English law.

Confidentiality and NDA, 3-year tail

Standard confidentiality clause survives termination by three years. Customer-specific carve-outs negotiable at MSA.

Termination terms, contract not employment

7-day notice termination by either side without cause. No notice period requirement; structurally distinct from employment.

Dispute resolution, arbitration

Arbitration under the Arbitration and Conciliation Act 1996, seated in Bengaluru. Avoids the time-cost of court litigation in India.

Tax treatment, section 194J

TDS withheld at 10% for professional fees (Section 194J) or 1% for individuals (Section 194O). Specified in the agreement.

ItemVersatile handles
Drafting turn-around48 hours from engagement details
E-signatureDocuSign or equivalent
Negotiable termsScope, fee, IP carve-outs (rare)
Standard termsConfidentiality, termination, arbitration, governing law
LanguagesEnglish; Hindi available on request

Compliant contracts, drafted in 48 hours.

Versatile Contractor of Record ยท $19 per contractor per month ยท USD invoicing

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Questions we hear most.

Can I review the standard agreement before signing?
Yes. The MSA template is shareable before engagement; we walk through any concerns and adjust carve-outs at MSA stage. Per-contractor agreements are templated against the MSA.
They cannot be paid through Versatile until the agreement is signed. The contractor either signs or the engagement does not start. We do not run un-papered relationships.
Yes. The IP assignment clause names your parent entity directly. The chain of assignment from the contractor (in India) to your US entity is direct, not through Versatile as an intermediate.
The agreement is governed by Indian law and seated in Bengaluru arbitration, which is the right forum for India-based contractors. US/UK courts will enforce the resulting arbitration award under the New York Convention.

Hire in India. Without the panic.

Tell me about your first hire. I will reply on email inside 4-6 hours, with a draft offer letter attached. Then my support team takes the depth.

$99-$399 ยท per employee ยท per month 5 day onboarding SLA 0 setup or exit fees 1st month free 59 companies served