Global chemicals supplier seeks in-country support and expertise

Addivant explains how TMF Group delivers the support they need as they grow their business in China.

Services for: Accounting and Corporate Secretarial

Provided in: China

Addivant is a leading global supplier of antioxidants, intermediates and inhibitors, polymer modifiers and UV stabilizer solutions. As the only manufacturer to market all major families of stabilizers, they offer the widest range of performance-based polymer additives in the industry. 

Jaslin Chee, Finance Manager at Addivant, says, “In view of the strong position and rapid development of China’s polymer manufacturing field, Addivant decided to open an office in Shanghai in 2013. Our finance team in Singapore handles most of our accounting functions, but we lacked good local knowledge, so we partnered with TMF Group in China for the functions that require in-country support and expertise.

“TMF Group provides us with local accounting services including SAP input and bank account management payments. We also use their tax compliance service for VAT fapiao management, and corporate secretarial services for national SAIC and SAFE annual inspection. 

“TMF Group plays an important role in helping our operation in China to stay compliant with local laws and regulations. Their experts in China are very responsive to our requests. TMF Group’s local expertise and knowledge made everything faster and more efficient.”

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