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In 2018, the multinational company sold its call center business , CATsa, to another global solution provider to divest its non-strategic assets. Around 3,200 jobs were created in the process on top of the 1,800 jobs created in 2018. This will allow Telefónica to reduce its debt pile and increase its market value. Enel Energia.
On January 1, 2018, the Ministry of Finance implemented VAT at the regular rate of 5%. Globaloutsourcing partners and internal business payroll departments can now move throughout Africa with greater ease. Tax Regulations. This mechanism must be used to pay all employee wages. Tax Considerations.
In 2018, the multinational company sold its call center business , CATsa, to another global solution provider to divest its non-strategic assets. Around 3,200 jobs were created in the process on top of the 1,800 jobs created in 2018. This will allow Telefónica to reduce its debt pile and increase its market value. Enel Energia.
We do this to navigate the challenges of an evolving, regulated, cost-intensive, and evidence- and value-based healthcare landscape. . According to Statista (paywall), the globaloutsourcing market earned $85.6 billion in 2018 and significantly more in 2019. Strong data security regulations. It’s less expensive.
Earlier in this series, we looked at different outsourcing models—nearshore, offshore, onshore—along with the pros and cons that come with each option. Eastern Europe is home to some of the world’s top outsourcing countries and is known for providing companies based in Western Europe, the UK, and the US with top talent at competitive rates.
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