There is a growing number of multinational companies operating around the world, both in terms of their numbers and the amount of investments abroad. Along with this expansion, there is a noticeable trend among major multinational companies to establish virtual workplaces in order to take advantage of the benefits of global virtual teams. This study aims to increase in-depth knowledge of the benefits of global virtual teams in global business. This paper relies on the qualitative methodology through an in-depth content analysis of the previous literature starting from 2020 to 2023. The study concluded that the global virtual teams contribute to the growth of international business in three main ways, the first of which is reducing costs such as fixed costs such as rent, accommodation, etc., travel and transportation costs, and recruitment costs. The second is to increase productivity by attracting talents from different countries, the possibility of working 24/7, and innovative solutions to complex problems, and the third is the expansion in global markets through the geographical expansion of target markets, and the rapid response to changes in the international business environment. This study contributes to the body of knowledge by providing a thorough grasp of the benefits of employing global virtual teams to promote international trade. These findings are particularly noteworthy because the current study explores the benefits of utilising virtual teams in depth, whereas previous studies mentioned them briefly in the context of other issues.
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