diff --git a/packages/web3-eth-contract/src/contract.ts b/packages/web3-eth-contract/src/contract.ts
index 60602497e65..cff3a440bfe 100644
--- a/packages/web3-eth-contract/src/contract.ts
+++ b/packages/web3-eth-contract/src/contract.ts
@@ -127,7 +127,11 @@ type ContractBoundMethod<
 	Abi extends AbiFunctionFragment,
 	Method extends ContractMethod<Abi> = ContractMethod<Abi>,
 > = (
-	...args: Method['Inputs'] extends undefined | unknown ? any[] : Method['Inputs']
+	...args: Abi extends undefined
+		? any[]
+		: Method['Inputs'] extends never
+		? any[]
+		: Method['Inputs']
 ) => Method['Abi']['stateMutability'] extends 'payable' | 'pure'
 	? PayableMethodObject<Method['Inputs'], Method['Outputs']>
 	: NonPayableMethodObject<Method['Inputs'], Method['Outputs']>;
diff --git a/packages/web3-eth-contract/test/fixtures/erc20.ts b/packages/web3-eth-contract/test/fixtures/erc20.ts
index 18b51748a4e..30168dc4505 100644
--- a/packages/web3-eth-contract/test/fixtures/erc20.ts
+++ b/packages/web3-eth-contract/test/fixtures/erc20.ts
@@ -22,7 +22,7 @@ import { ContractEventOptions, PayableMethodObject, NonPayableMethodObject } fro
 export interface Erc20Interface {
 	methods: {
 		[key: string]: (
-			...args: ReadonlyArray<any>
+			...args: any[]
 		) =>
 			| PayableMethodObject<ReadonlyArray<unknown>, ReadonlyArray<unknown>>
 			| NonPayableMethodObject<ReadonlyArray<unknown>, ReadonlyArray<unknown>>;
diff --git a/packages/web3-eth-contract/test/integration/local_account/contract_overloaded_methods.test.ts b/packages/web3-eth-contract/test/integration/local_account/contract_overloaded_methods.test.ts
index 96985cda3a7..0c905e8ece2 100644
--- a/packages/web3-eth-contract/test/integration/local_account/contract_overloaded_methods.test.ts
+++ b/packages/web3-eth-contract/test/integration/local_account/contract_overloaded_methods.test.ts
@@ -102,11 +102,14 @@ describe('contract ERC721 overloaded functions', () => {
 	});
 
 	it('transferFrom with 3 invalid arguments', () => {
-		expect(() => contractDeployed.methods.safeTransferFrom(1, 2, 3)).toThrow('Web3 validator');
+		expect(() => contractDeployed.methods.safeTransferFrom('1', '2', 3)).toThrow(
+			'Web3 validator',
+		);
 	});
 
 	it('transferFrom with 2 arguments', () => {
 		expect(() =>
+			// @ts-expect-error invalid arguments so ts will throw an error
 			contractDeployed.methods.safeTransferFrom(localAccount.address, localAccount.address),
 		).toThrow('Web3 validator');
 	});
diff --git a/packages/web3-eth-contract/test/unit/contract_typing.test.ts b/packages/web3-eth-contract/test/unit/contract_typing.test.ts
index 79f66bdca29..c5190e10cda 100644
--- a/packages/web3-eth-contract/test/unit/contract_typing.test.ts
+++ b/packages/web3-eth-contract/test/unit/contract_typing.test.ts
@@ -37,8 +37,10 @@ describe('contract typing', () => {
 		]);
 
 		typecheck('should allow any input params', () => [
-			expectTypeOf<Parameters<typeof defaultContractInstance.methods.test>>().toBe<any[]>(),
-			expectTypeOf<Parameters<typeof web3ContractInstance.methods.test>>().toBe<any[]>(),
+			expectTypeOf<Parameters<typeof defaultContractInstance.methods.test>>().toBe<
+				any[] | []
+			>(),
+			expectTypeOf<Parameters<typeof web3ContractInstance.methods.test>>().toBe<any[] | []>(),
 		]);
 	});
 	describe('custom abi', () => {
diff --git a/packages/web3-eth-contract/test/unit/type.test.ts b/packages/web3-eth-contract/test/unit/type.test.ts
new file mode 100644
index 00000000000..0b7082ca1de
--- /dev/null
+++ b/packages/web3-eth-contract/test/unit/type.test.ts
@@ -0,0 +1,79 @@
+/*
+This file is part of web3.js.
+
+web3.js is free software: you can redistribute it and/or modify
+it under the terms of the GNU Lesser General Public License as published by
+the Free Software Foundation, either version 3 of the License, or
+(at your option) any later version.
+
+web3.js is distributed in the hope that it will be useful,
+but WITHOUT ANY WARRANTY; without even the implied warranty of
+MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+GNU Lesser General Public License for more details.
+
+You should have received a copy of the GNU Lesser General Public License
+along with web3.js.  If not, see <http://www.gnu.org/licenses/>.
+*/
+
+import { Contract } from '../../src';
+
+describe('Contract method types', () => {
+	it('contract method params types test', () => {
+		const abiAsConst = [
+			{
+				inputs: [
+					{ internalType: 'uint256', name: 'testArg1', type: 'uint256' },
+					{ internalType: 'uint256', name: 'testArg2', type: 'uint256' },
+				],
+				name: 'testWithParams',
+				outputs: [{ internalType: 'uint256', name: 'testRes1', type: 'uint256' }],
+				stateMutability: 'nonpayable',
+				type: 'function',
+			},
+			{
+				inputs: [],
+				name: 'testWithoutParams',
+				outputs: [{ internalType: 'uint256', name: 'testRes1', type: 'uint256' }],
+				stateMutability: 'nonpayable',
+				type: 'function',
+			},
+		] as const;
+
+		const abiAsArray = [
+			{
+				inputs: [
+					{ internalType: 'uint256', name: 'testArg1', type: 'uint256' },
+					{ internalType: 'uint256', name: 'testArg2', type: 'uint256' },
+				],
+				name: 'testWithParams',
+				outputs: [{ internalType: 'uint256', name: 'testRes1', type: 'uint256' }],
+				stateMutability: 'nonpayable',
+				type: 'function',
+			},
+			{
+				inputs: [],
+				name: 'testWithoutParams',
+				outputs: [{ internalType: 'uint256', name: 'testRes1', type: 'uint256' }],
+				stateMutability: 'nonpayable',
+				type: 'function',
+			},
+		];
+
+		// abi as const
+		const contract = new Contract<typeof abiAsConst>(abiAsConst);
+		contract.methods.testWithParams(1, 2); // no ts error - works as expected
+		// @ts-expect-error ts compiler error
+		expect(() => contract.methods.testWithParams()).toThrow(); // ts error - works as expected
+		// @ts-expect-error ts compiler error
+		contract.methods.testWithoutParams(1, 2); // ts error - works as expected
+		contract.methods.testWithoutParams(); // no ts error - works as expected
+
+		// abi as usual array type
+		const contract2 = new Contract<typeof abiAsArray>(abiAsArray);
+		// because we do not know exact type without const or provided type
+		contract2.methods.testWithParams(1, 2); // no ts error - works as expected
+		contract2.methods.testWithoutParams(); // no ts error - works as expected
+		contract2.methods.testWithoutParams(1, 2); // no ts error - works as expected
+		expect(() => contract2.methods.testWithParams()).toThrow(); // no ts error - works as expected
+	});
+});
diff --git a/packages/web3-types/src/eth_abi_types.ts b/packages/web3-types/src/eth_abi_types.ts
index 0daaa2db877..06c56afa14f 100644
--- a/packages/web3-types/src/eth_abi_types.ts
+++ b/packages/web3-types/src/eth_abi_types.ts
@@ -320,7 +320,9 @@ export type ContractMethodOutputParameters<Params extends ReadonlyArray<unknown>
 		: [];
 
 export type ContractMethodInputParameters<Params extends ReadonlyArray<unknown> | undefined> =
-	Params extends readonly []
+	Params extends undefined
+		? any[]
+		: Params extends readonly []
 		? []
 		: Params extends readonly [infer H, ...infer R]
 		? H extends AbiParameter