The service sector accounts for a significant share of the economy, especially in low-income countries. It provides employment, and its workers are often highly skilled and mobile. The industry is important to the quality of life in many nations and is a source of innovation and growth. The industry has also been transformed by technology and digitalization, with new companies offering services through web platforms and systems. These changes are expected to continue, especially with the impact of the coronavirus pandemic.

Business services are activities that benefit a company but do not result in a tangible product. They are a form of intangible asset and provide a range of benefits such as convenience, cost, and expertise. Companies rely on external business service providers for marketing, production, safety, and other aspects of their operations. Whether it’s outsourcing or partnering with an internal resource, there are a number of factors to consider when choosing the right business service provider for your organization.

Snap is, and since the date of its incorporation (the “Lookback Date”) has been, in compliance with all Labor Laws applicable to providing Business Services. The Company is, and since the Lookback Date has been in compliance, with all licenses required to provide Business Services, including but not limited to insurance, permits, authorizations and approvals.

The Business Services Terms set out the terms that apply to your use of Snap’s business products and services (“Business Services”). They are incorporated by reference into the Snap Terms of Service and Supplemental Terms and Policies, and govern the relationship between you and Snap in respect of your use of the Business Services.