Contractor of Record

Easily and legally engage software engineers in Latin America and Eastern Europe with Alcor’s Contractor of Record services:

  • No need for a legal entity setup
  • Full legal compliance with local laws
  • Protection from worker misclassification 
  • 40 in-house recruiters to hire the top 10% tech talent
  • Dedicated Customer Success Managers
  • Procurement, office rent, and benefits support

    Step into global growth

    We build and run software development centers from scratch in Latin America and Eastern Europe



    Tech Companies Prefer СOR with Alcor

    Alcor СOR is The Way If You’re

    Expanding abroad

    for the first time

    • Save up to 3.5 months—no need to open a legal entity
    • Full navigation in top talent pools for tech
    • 100% compliance & legal shield

    Switching from

    outsourcing

    • Save up to 40% of costs, no markups & buy-out
    • 1-2 tiers higher talent
    • It’s your team now and after, with a 90% retention rate

    Switching from

    another СOR provider

    • Leverage СOR created only for tech companies
    • Not just a contractor management platform—in-house hiring & back-office
    • Ongoing account management support

    Alcor’s Disrupting the Way СOR is Managed for Tech

    1. 100% Tech Focus Hire in the best talent pools & benefit from tax
      incentives for tech.
    2. In-House Tech Recruitment Own team of 40 headhunters to help you scale
      from 0 to 100 in a year.
    3. 360°Operational Support From equipment procurement & office rent
      to employer branding—you name it.
    4. Flexible Pricing Volume discounts. No pre-payment.
      Pay only for what you use.

    Ordinary COR

    1. One-Size-Fits-All No market prioritization.
      No deep expertise in any industry.
    2. Partial Recruitment Assistance Help you hire through job boards
      or other third parties.
    3. Minimum Extra Services Support with some additional services at best.
      Other vendors are needed.
    4. Fixed Pricing One price for everyone.
      A pre-payment is required.

    Alcor COR Services Include

    Contractor of Record for Tech

    Contact us

    Legal compliance

    Contractor classification with local labor standards,  misclassification risk protection, compliance with local tax & labor laws

    Contract management

    Draft and maintenance of compliant B2B contracts, preparation of IP and NDA agreements (on request)

    Onboarding/offboarding

    Required contractor information collection, B2B & termination contracts preparation, payout of final settlements 

    Invoicing & payments

    Multi-currency contractor payouts, preparation and handling of tax documentation, compliance with payment regulations

    Alcor—Package Deal for Tech Expansion

    Top-10% Hi-Tech Team

    30+ senior developers in 3 months with a 98.6% probation pass rate

    Seamless Recruitment

    sourcing, expert tech skills assessment, interviews, negotiations

    Tech-Focused Consultation

    from country-specific pay scales & benefits to retention strategies

    Client-First Approach

    responsiveness & support from a dedicated account manager

    Alcor Platform—Talent Hub & Management in One Place

    Save time, streamline workflows, focus on growth.

    Book a call

    FAQs

    What are the benefits of using a Contractor of Record?

    A Contractor of Record (COR) is a service that enables tech companies to engage skilled software developers as independent contractors without establishing a legal entity abroad. 

    COR’s main benefits include: 

    • Reduced legal and financial risk tied to contractor misclassification
    • Lower expenses since contractors are responsible for their own taxes and social security contributions (SCC)
    • Access to a global tech workforce so you can scale your dev team quickly
    • Fast onboarding so you can start working with your developers in days
    • Compliance and admin off your shoulders, as B2B contracts, invoicing, compliance, and admin are handled

    With Contractor of Record services, you can stay focused on building innovative tech products instead of managing international contractors.

    What are the Contractor of Record provider’s responsibilities?

    Since the COR service provider acts as an intermediary between the tech company and contractors, they cover the operational and legal parts to make this cooperation smooth. This includes everything from managing contracts and ensuring legal compliance with local laws to classifying workers, as well as onboarding and offboarding, managing records and payouts for talents. Some CORs, like Alcor, also offer additional services, including full-cycle tech recruitment, hardware procurements, and coworking space leasing, all without pre-payment or hidden charges.

    What is the difference between Contractor of Record and Employer of Record?

    1. Legal setup. Employer of Record (EOR) providers act as the legal employer of your software developers, taking on all the responsibilities and liabilities. For this, they use their own legal entities abroad. The Contractor of Record company doesn’t hire programmers directly. Instead, it enables to engage them as independent contractors in a compliant and risk-free way.
    2. Length of cooperation. Global EOR is used for full-time, long-term employment of developers. This is ideal for tech companies that want to build a dedicated remote team in lower-cost locations like LATAM or Eastern Europe. COR, on the other hand, is more flexible—ideal for project-based work or quick team scaling. Still, with the right EVP and retention strategy from a local partner like Alcor, you can build long-lasting relationships even on a contractor model. The average tenure of our hires is 2.5 years.
    3. Cost. EOR services tend to be more expensive. Not only do you pay for a wider range of admin and compliance support, but you’re also on the hook for higher employment taxes and social security contributions. Meanwhile, CORs are more budget-friendly due to the scope of services they offer. Plus, you can skip the additional employment costs, significantly reducing your spending on taxes and SSC.

    What is the difference between Contractor of Record and Agent of Record?

    Agents of Record act on behalf of their clients when dealing with insurance or employee benefits through third parties. 

    Unlike the Contractors of Record provider, AOR doesn’t hire developers or handle admin functions. Instead, they focus on insurance negotiations, managing policy changes, and receiving commission from insurers. An AOR can be a good addition to your existing Contractor of Record solution if you want to manage insurance provision and benefits for your contractors.

    However, if you prefer not to juggle multiple providers and would rather keep everything in one place, you can simply partner with Alcor. Our tech R&D solution supports both FTE and B2B cooperation models and includes benefits and insurance management through our EOR services.

    Does Alcor’s COR handle compliance, payroll, and benefits?

    Yes! Alcor’s COR services are part of a larger turnkey R&D center solution, designed with tech business needs in mind. While COR typically covers contractor compliance and payments, we take it a step further. Through our EOR and COR services, we manage:

    • FTE, B2B, IP, and NDA agreements, 
    • onboarding & offboarding, 
    • labor law and tax compliance, 
    • payroll processing & withholding, 
    • bonus and benefits for developers. 

    All of this under transparent pricing with no pre-payment or hidden fees.

    On top of that, we also handle full-cycle tech hiring, closing senior tech positions in 2-6 weeks, with 98.6% of hires passing probation. You can also benefit from our volume discountsthe more developers you hire, the more you save.

    We also provide operational support, including hardware procurement, office leasing, and employer branding, among other services. 

    What locations does Alcor’s COR cover?

    You can hire software developers through Alcor’s COR service in the following countries:

    • Latin America: Mexico, Colombia, Argentina, and Chile
    • Eastern Europe: Poland, Romania, Ukraine, and Bulgaria.

    Need 5+ developers of Silicon Valley caliber? We can hire them as contractors in just a month—end-to-end recruitment, compliance, and other admin is on us.

    Fill the form below and let’s discuss your tech expansion needs!