Application of virtual teams among corporations has been on the rise for the past few years. The focus of this study is on virtual team dynamics due to its cost-effectiveness, and highly competent workforce. Virtual teams face various challenges that limit their performance, and because of that, this study deals with qualitative analysis that virtual teams can’t perform effectively without six factors known as trust, team cohesion, communication effectiveness, satisfaction, conflict, and leadership. Moreover, maintaining a virtual team’s dynamic is more challenging compared to the traditional face-to-face one. Outstanding results confirmed all the hypotheses, promising a stable future for the virtual team application. This study aims to help corporations understand how to effectively conduct and maintain virtual teams, but also serves as a stimulant for anyone else involved or about to be involved in such a line of work.