I am going to start an eCommerce site in a month where other graphic designers would sell their stuffs like designs, patterns etc. I will keep record of all the sales and would pay the graphic designers at the 1st week of every month. The problem is that I do not know about the legal procedure. Few hour ago I came to know about W-8BEN form and I am wondering that is there any other form also exists like W-8BEN form. Can you guys please guide me with the legal procedures or any form that I should create for my graphic designers authors? PS I am not an US citizen.
You need to talk to a real lawyer and a real accountant about protecting yourself in this kind of venture.