Remote Secures $35 Million in Series A Funding
Remote, an HR technology platform for international payroll, benefits, and compliance, announced it has secured $35 million in Series A funding led by Index Ventures and joined by Sequoia Capital with additional participation from angel investors.
According to the company, Remote is the only global employment provider with its own legal infrastructure in every country where it operates. This provides customers with security for IP and invention rights, guarantees international compliance, and enables Remote to offer competitive and flexible pricing.
Remote’s platform includes its global employer of record services, covering international payroll, benefits, taxes, and visa and immigration services, as well as a free platform for global contractor management and payments.
“Remote work has become the norm for thousands of businesses, and we anticipate that upwards of 40% of knowledge worker jobs will be a hybrid or fully remote role in the next few years,” said Job van der Voort, CEO and Co-Founder at Remote. “We believe that companies should be able to employ anyone in the world and that opportunities should be accessible regardless of where someone lives. This investment will allow us to continue to build tools for companies to make remote work easier. Remote doesn’t just enable global employment, it helps businesses win the global talent war.”
Visit www.remote.com for more information.
Tricor Group Appoints New Global Head of Tax
Tricor Group (Tricor), an Asian business expansion specialist providing services such as integrated business, corporate, payroll and HR, strategic business advisory and more, announced the appointment of international tax and strategic business leader Chee Weng Lee as Global Head of Tax.
According to the company, with this appointment based in the Hong Kong special administrative region, Tricor is investing in growing its regional and global tax compliance and advisory capabilities.
Chee Weng Lee has more than 35 years of tax and business advisory experience. He served as Head of International Tax, Asia Pacific, and Partner at what is now EY, where he was Markets Leader, Greater China Business Tax Services Leader, and Asia Pacific Tax Finance Operations Leader. With a focus on the markets in Asia Pacific, he has serviced some major multinationals and large Hong Kong conglomerates as the Global Client and Tax Service Leader across various industries including express transportation, telecommunications, hospitality, real estate, infrastructure, and manufacturing. He is a CPA in Hong Kong, Australia, and Malaysia, and is also a Fellow at the Taxation Institute of Hong Kong.
“Chee Weng’s wealth of experience and market knowledge will play a key role in energizing and expanding our global tax advisory business,” said Tricor CEO Lennard Yong. “As business expansion and tax needs continue to shift, his focus will be to build a tax services business for Tricor Global advising clients on their tax compliance and by deploying BPO (business process outsourcing), automation, and technology, thus bolstering our position as the leading professional service provider in Asia Pacific.”
Visit www.tricorglobal.com for more information.
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