I’m not a lawyer, but from what I already know, a contract is already binding especially if both parties have signed it. Of course it helps if some third party also witnessed the signing. Having it notarized means that the parties have presented their identifications to the impartial notary lawyer.

For the second question, you can always issue your overseas client an Official Receipt. In the US, they already have a system in place where the money sent to you is already deducted with tax.

So many things to learn from you. Thanks for sharing and inspiring the community. I’m an independent contractor myself but mostly my engagements are through the internet bidding sites. You were also right about our dependence almost entirely on personal networks.

I have these doubts though I hope you can clarify given your experiences on such matters.

–>
A contract has been signed (locally). Is notary seal necessary? Whose party should be doing the notary activity?

On the other hand, while you are a legit/registered business entity (single prop, DTI, BizPermits, etc.) and your client is overseas, what is the proper way of proceeding with the engagement? Given, you need to declare it a legitimate business deal?