Final answer:
The validity of independent contractor registration varies by region and industry, often requiring renewal annually. If the contractor does not renew on time, the registration may become dormant, affecting their legality to conduct business.
Step-by-step explanation:
The duration of an independent contractor registration often varies based on regional laws and industry standards. Typically, these registrations have a set validity period after which they need to be renewed to avoid becoming dormant. For instance, in some jurisdictions, registration might be valid for one year from the date of issue. In this context, 'becoming dormant' means that if the contractor does not renew their registration within the required time frame, the registration may no longer be active, potentially prohibiting them from legally conducting business until they renew their registration.
It's crucial for independent contractors to be aware of the specific regulations and expiry dates related to their registration in their area of operation. Check with the local regulatory body or a professional who specializes in business law to ensure compliance and to understand when and how renewals should be handled.