We are living in a world which is fully occupied by the corporate structures. Earlier generation business world was fully depended on the manual process and it was controlled by the human resources. But these days our corporate world has the fully different structure which is technically modified and modernized. The reason for this is our generation is very advanced in technologies and because of this everything in the world has changed in a good way. Our corporate world is not an exception for this, these days the business structures have totally controlled and operate by these new technologies.
When we are saying new technologies in corporate structure, the main technology which most of the companies used in their business is information technology. This can control the entire system of the business and it makes things easier than manual process. Another important thing is this IT can be good and cheap alteration for human resource which helps the companies to achieve their goals easily.
These days we can see that most of the companies have connected with another foreign country companies and they have internally connected for some reasons. The reasons such as, it’s easy to get an investor in foreign rather than in local country also it’s cheap and easy to form the foreign companies here because to form a local company there are too many procedures and we have to pay a large sum of tax also. The good example for this kind of company is the cheapest offshore company formation in Thailand. Also there’re so many other overseas businesses, franchise companies and multinational companies work under different terms and conditions which play a major role in current corporate world.
The important thing to note here is, the support of this new trend of business is very high and people encourage this new trends in business. Also banks allocate special facilities for this corporate sectors such as, international bank accounts, offshore company bank account facilities and other overseas bank facilities etc. moreover another the important support which we get from our local government, to increase the status of local economy to the international level they arrange reasonable tax allocations and lower capital requirement.
We all know that “change” is the only thing which cannot be changed, therefore to get success in our life we have to accept and adopt that change. Especially in corporate world we have to move according to the new trends which lead our corporate sector to a good position, if not out business are in danger.