What is Corp to corp contract , W2 , 1099
For C2C jobs in USA click corp to corp jobs
What is Corp to corp ?
Corp to corp basically a bond between two companies or organization, This is an alternative strategy in which one company is not directly pay under which you right now working but pay to your employer on the behalf of you and Now your employer who have your all pay role only responsible to pay you accordingly.
This is generally know as corp to corp jobs cause this type of agreement is only made beween two corporation and so its known as Corp to corp
The major difference between corp to corp and other tax terms is in corp to corp all your income taxes is only paid by your Employer while in other Tax Terms like W2 this will be done by Consultant himself only.
Most of the cases in Corp to corp consultant is working on per hour basis while in other Tax terms like Full time and other it will be like annual salary basis.
Sometimes professional in a general way said Subcontractor to the Corp to corp cause in this process is also the same , Consultant is working on the behalf of a particular contractor (Employer) only .
What are the challenges Corp to corp firm faced in recruitment process
Corp to corp as a bond between two Corporation in which any of the consultant it is basically worked on the payroll of that particular vendor company only and that vendor company in corp to corp contract is basically provide for responsible for providing the consultant pay and also the other expenses and the services which is already mention in the contract of consultant and the corp to corp company in corp2corp daily process there are the different type of circumstances which can also be seen and due to this there are the huge difference about the the flow of the process and sometime these are the situation and the front of vendor company and the client is that the consultant leave the project and other circumstances as also arises in corp to corp staffing company and when sales company there are some circumstances which are arises are below.
1.Many times there are the situations in corp to corp recruitment There are corp to corp jobs are available and any recruiter who is basically working any of corp to corp job is basically reached to the consultant who is suitable for that particular role only so once he discuss about the corp to corp rate path and take the confirmation on the email and once all the interview and other process in corp to corp contract has been done many times vendor is basically not agree to onboard the consultant on the same court to call rate because they basically asking more and more rate about the same position and because the consultant as already selected to that particular role only then staffing company have to given that rate which is basically again and again asked by consultant corp to corp when the company so this is again very huge challenge because due to this many times the project and the consultant is basically not agree to work each other and sometime consultant also leave the project due to Corp to corp rate part and this can do from both of two ends and vice versa.
2.In corp to corp requirement many times recruiter is basically working on corp to corp requirements and he is basically putting any of the consultant on any particular corp to corp Technology and the consultant will be on corp to corp but due to some of the circumstances The and climbed f basically asking to the the corp to corp staffing company like they basically want these consultant on contract w2 basis , so the thing is that the recruiter is basically reaching to that consultant on w2 basis but sometime consultant have not that much idea about the difference about corp to corp vs w2 and he or she is directly discuss with the circumstances with the employer then again the thing is that the dispute is arises and many times corp to corp vendor company is basically not agree to deliver that consultant again whether the project will be again on corp to corp basis because they assume that they basically place their consultant on any of the Other w2 contract basis.
3.Many times between the Corp to corp contract and the Corp to corp vendor company there are the AC use is like the client is basically putting that particular project on hold and due to this the Corp to corp vendor company on which consultant is basically working on and which company as running the payroll of that consultant is basically asking about the update of that particular project but due to hold or or any other reason Corp to corp staffing company is basically not able to onboard that consultant on that particular project and this is also some of the dispute cases in court for contract because of this many company blacklisted each or any other to work due to some unprofessional behaviour In Corp to corp Jobs or Corp to corp to be dismissals.
4.It can also seen like sometime recruiters and the requirement or you can say many times Corp to corp requirements is basically have some visa status restrictions client is basically asking only visa independent consultant does like green card for US citizens in that case many of the vendors who is basically entered the document of the consultant to get the project for them in a Fastrack bases but when the project is confirmed and the consultant is basically about to onboard on that particular position then once the Corp to corp company is asking about the document than the reality comes in the front of both of the client and the cost for staffing company and many times they are basically not on board the consultant due to wrong representation of the document or BGC is not clear due to that particular documents
5. This can also seen in this Corp to corp recruitment like many times when recruiter mass mail or get any corp2corp hotlist then Corp to corp vendor company is basically not show about the visa status of that particular consultant who is currently working on w2 of that particular company but when find corp to corp contracts or Corp to corp h1b visa many times when you have done all the things and after that asking about the consultant house noon he or she can join the project then finally he said he is on H1 transfer case this is the circumstances in which consultant is basically looking for a project through which he can extend his or her visa so many times that type of condition as not acceptable by the end client and if there is any flexibility of that they are basically using Corp to corp tax calculator to onboard or to complete or other formalities.