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How Remote Global Hiring Can Solve Germany’s Tech Talent Shortage

Globalization Partners

Consequently, this rise in labor costs is often passed onto the consumer via price hikes. Similarly, the German government plans to develop a national AI strategy by 2025 , aiming to convert the country into the world’s leading AI location. Overall, more tech workers were made redundant than in 2020 and 2021 combined.

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Benefits and Challenges of Expanding to Canada

Globalization Partners

Of course, the cost of your business operations includes more than the taxes you pay annually. Labor costs, facility and utility costs, transportation fees, and the expenses associated with regulatory compliance all factor into your budget. Navigating regulations. Contending with unfamiliar tax laws.

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Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

Hong Kong’s trade freedoms, monetary freedoms, low taxes, minimal tariffs, and limited government interference in business matters all contributed to its position at the top of the list. Unfamiliar regulations. You’ll also need to know the regulations that govern establishing and running your business.

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Global Talent Acquisition: Four Emerging Markets Your Company Should Target

Velocity Global

South Korea is the most automated country on earth, with 631 robots per 10,000 employees— eight times the global average. To manage its extensive robot infrastructure, South Korea’s government invests heavily in its workers’ training programs. Fintech: Lithuania.