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The Global Contractor Model

Higher take-home pay. USD payments. Full compliance. Understand how working as a global contractor through Worca compares to traditional employment.

Employee vs. Global Contractor

Two models. One pays you more.

Topic Employee (Local Hire) Global Contractor (Worca)
Employment Status Hired under Taiwan Labor Law Engaged as a professional providing services
Who Pays Salary? Worca TW Entity → Salary in TWD Client pays through Worca → You receive USD directly
Benefits Local benefits required by law Higher compensation, flexibility, reimbursements
Tax Treatment Classified as Salary Income Classified as Income from Professional Services
Take-Home Amount Lower due to payroll taxes and deductions Usually higher

Why Contractors Earn More

Lower Taxes with Expense Deduction

Your income is classified as Income from Professional Services, which allows a higher deduction rate compared to standard salary income. Monthly net pay is typically higher than the employee route because there are no payroll deductions.

Important: Actual tax calculations vary based on your total income, deductions, and individual financial situation. Consult a licensed tax advisor for accurate filing guidance. Taiwan residents must file annual income tax and truthfully report all income.

Receive USD Directly, No Currency Loss

Worca pays you via Wise — near mid-market exchange rates, transparent low fees, and direct deposit to your Taiwan bank account. No intermediary currency conversions eating into your pay.

Near mid-market rates Transparent fees Direct deposit to Taiwan bank

What You Still Get from Worca

Contractor status doesn't mean you're on your own.

Labor & Health Insurance Enrollment

Worca assists with labor and health insurance enrollment through a local labor union. Typical monthly cost: NT$1,600–1,800 — significantly lower than a full-time employee's deductions.

Flexible Benefits

Bonus, reimbursement, and benefits like notice period, PTOs, and severance pay still get covered upon client approval. You negotiate from a position of strength.

Why Companies Prefer This Model

For global companies hiring in Taiwan, the contractor model removes friction while staying fully compliant.

  • No legal entity needed Hire in Taiwan without setting up a local subsidiary
  • Fully compliant Structured to comply with Taiwan tax laws
  • Faster onboarding Skip weeks of entity setup and payroll configuration
  • Higher budget efficiency More of the budget goes directly to talent compensation

Conversion Timeline

You can choose to convert to a contractor anytime. Here's how.

1

Submit Request

Let Worca know you want to convert to a contractor arrangement.

2

Review & Sign Agreement

Complete the new contractor agreement review and signature process.

3

Employee Resignation

Sign the employee resignation letter to unenroll from the TW entity.

4

Union Insurance Enrollment

Enroll in a local labor union for health and labor insurance coverage.

5

Set Up Wise Account

Create a USD account on Wise to receive your payments directly.

Ready to Make the Switch?

Talk to your Worca contact or reach out to learn more about converting to the global contractor model.

Get in Touch