Office Space for Rent in the Philippines- 7 Reasons to Locate Your Office in the Philippines
The Philippines is the BPO capital of the world. Small, medium and large business entities are shifting their office locations to this country due to the benefits offered by the government. Moreover, many projects are outsourced to agencies in the Philippines for cost efficiency and state-of-the-art infrastructure.
Let us take a quick look at the reasons to consider and decide to locate a business in the Philippines.
Reasons for finding a business in the Philippines
Office spaces for rent in business districts
The Government of the Philippines has set up business districts to encourage foreign investors. Being the BPO capital of the world, the Philippines offer great options for renting commercial spaces in these business districts. Companies can easily set up their workstations by seeking office space for rent. Even freelancers worldwide can set their feet in this country and work in co-working spaces in exchange for minimal service charges.
Voice process and customer service support
Another reason to set up an office in this country is its dominance in BPO services. A business’s voice processes and customer service segments can be easily located in this country. The infrastructure for BPO companies is as per the international industry standards. Outsourcing these services here can save as much as 60% of business capital.
Large pool of expertise and skills
Another reason that makes the Philippines the ideal place to locate a business is the availability of a large talent pool of skills and expertise. It makes developing a modern workforce easier. Arranging a working crew is easier and more cost-efficient in this country.
The BPO industry in the Philippines generates 10% of the country’s revenue. Hence, the government has developed special incentive schemes and tax holidays through BOI and PEZA. It relaxes the expense of setting up an office in the leading business districts in Cebu, Manila and other cities.
International businesses can avail of the excellent infrastructure in this country. It has enhanced its IT infrastructure in and around metro cities offering Class A buildings, high-speed internet connections, IT solutions, transportation means, etc. From availing of office space for rent to developing a team of professionals and office space, every step will gain excellent support from the infrastructure of the business districts.
6. Seat leasing or offshore development center (ODC)
A company can outsource its business requirements or find an offshore development center (ODC) in the Philippines. Leading co-working service providers offer dedicated commercial spaces, co-working offices, seat leasing services, etc.
7. Cultural compatibility
Almost 92% of the population speaks English fluently and is culturally compatible with all kinds of businesses. Based on cultural diversity and compatibility, this country is ideal for office relocation, new office setup, and outsourcing.
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