EU Headquarters: 5 Reasons why Establishing a Company in Europe Matters

Photo by Michiel Annaert on Unsplash

1. OFFICE CULTURE HAS NEVER BEEN SO RELEVANT

How do companies survive tough times, such as a Covid-led crisis? For many business leaders, it is all about culture.

2. DATA PROTECTION LAWS ARE A POWERFUL INCENTIVE TO ESTABLISH EUROPEAN HEADQUARTERS

Just as 2021 ended, regulators in Brussels added the finishing touches to a ground-breaking ruling. After months of negotiations, the Privacy Shield Agreement was effectively shattered. The end of the trans-Atlantic data-transfer deal left U.S. tech providers that operate in Europe incapable of sharing personal data from residents of the 27 countries in the bloc.

Data privacy laws around the world — Source: Telemessage

3. THE EU IS THE WORLD’S LARGEST SINGLE MARKET

Even if you are currently working as a distributed team and have no plans to invest in a physical office right away, you still need to think about where your customers are, where the talent you need is concentrated, and where you can best access markets and opportunities for long-term growth.

4. THE EU HAS A RICH TALENT POOL

If talent represents the foundations of the European tech ecosystem, its academic institutions are the bedrock. There are over 1.8 million scientists and engineers across Europe, specialising in every field. Europe is home to 5 of the Top 10 computer science universities in the world and 31 of the world’s top 100 universities in engineering and technology. There are clusters of world-class talent potential in every corner of Europe.

5. TOP PERFORMERS WANT TO MOVE TO PORTUGAL, FOR GOOD REASONS

Many entrepreneurs list the sunshine, food, lifestyle, costs, and culture as key motivations to move to Portugal. Here’s why entrepreneurs are choosing to settle in Portugal:

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BRIDGE IN helps companies set-up their tech hub and hire talent in Portugal. We are the OS for distributed teams.

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