SINGAPORE - (9th July 2024) Qapita, a leading equity management software and services provider serving over 2000 startups and listed companies globally, is excited to announce a new partnership with Remofirst, an HR tech startup providing Employer of Record (EOR) solutions.This collaboration will empower Qapita's customers to seamlessly expand into new markets and hire employees across borders.
Remofirst enables businesses to affordably and compliantly hire employees and contractors in more than 180 countries. As an EOR, Remofirst takes full employment responsibility for all aspects of international hiring including compliance, payroll, taxes, work equipment provisioning, compensation, and benefits.
Qapita's platform enables startups and established companies to streamline equity management, efficiently manage their cap tables, equity structures, and equity compensation plans on a single platform. Ranked as leaders across multiple categories by G2 in the equity management space, Qapita continues to build on its success in the Asia Pacific region to expand to the US market and globally.
This partnership with Remofirst will allow Qapita's customers to extend these capabilities globally, reinforcing our commitment to providing comprehensive equity solutions for cross-border complexities. Customers will now benefit from Remofirst's global employment solutions, enabling them to easily expand into new markets and hire employees across borders. This includes access to services for managing international payroll, taxes, employment compliance, work equipment provisioning, and competitive compensation planning.
With customers and employees in over 30 countries, Qapita is equipped to ensure compliance and transparency for international stakeholders and employees, addressing cross-border challenges effectively. This collaboration will streamline equity management, compensation planning, and global workforce management for startups with international employees. Additionally, for startups with US-based employees, Qapita provides 409A valuations required under IRS regulations.
"This partnership with Remofirst empowers our customers to effortlessly manage their global workforce, ensuring compliance and efficiency in their international expansion efforts," said Amit Kaistha, Global Partnerships Head at Qapita.
ABOUT QAPITA
Qapita is a full-stack equity management platform with solutions for cap table management, employee equity compensation programs, and valuations, serving over 2,000 startups and listed companies globally. Over 315,000 employees of companies access over $15 billion of stock options on the platform, making it seamless for HR, Finance and Legal teams to administer, account for and ensure compliance with an objective to empower their global workforce.
About Remofirst
Remofirst’s Employer of Record (EOR) solution enables businesses to affordably and flexibly hire employees and contractors in more than 180 countries where they don’t have an entity. It takes full employment responsibility for all aspects of international hiring including compliance, payroll, taxes, and benefits. Remofirst is focused on enabling “freedom of work,” empowering companies to access and compliantly hire talent anywhere in the world. Founded in 2021 by entrepreneurs from Kazakhstan and Ukraine (both Forbes 30 Under 30 recipients for 2023), Remofirst has thousands of customers worldwide, including World Health Organization, University of Cambridge and Mastercard.
Contact Details:
Qapita:
Amit Kaistha
Global Head of Partnerships
+65 9066 8707
Remofirst
Lisa Hendrickson
LCH Communications for Remofirst
lisa@lchcommunications.com
516-643-1642
.svg)
.svg)
.svg)