As the main topic of the conference we discussed the ways of how creative agencies may have legally secure and tax effective contracts with their contractors. We also touched upon the risks of regulatory risks associated with converting employment contracts to cooperation agreements with independent contractors. Potential risks and liabilities of managing directors arising from the incorrect conversions of employees to contractors was another widely discussed topic at the conference.

Since the nature of contracts concluded by the agencies and their employees and contractors is often determined by financials, we explained the potential impacts of the conversion on taxation and levies affecting the amount of remuneration paid to the contractors. As safe and tax effective implementation of contracting system requires close cooperation of lawyer, tax advisor and accountant, we at HIGHGATE match our legal expertise in the field of start-ups, tax law, IT and digital sector with complex tax advisory and accounting services provided by CARPATHIAN, so that you find all services under one roof.