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What are the key benefits of setting up a business in the EU single market?
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The key benefits of setting up a business in the EU single market include: 
1. Access to a large and diverse customer base of 500 million people who share a common set of standards and regulations.
2. Access to a competitive, highly skilled labor force and uniform employment regulations.
3. Streamlined regulations and procedures, allowing businesses to easily operate in multiple countries.
4. Equal competitive conditions and support for businesses through access to EU funding and research initiatives.
5. Increased business opportunities due to free movement of capital, goods, and services.