Softline | TMF Group case study

Softline

Global IT service provider seeks assistance in regional expansion

Softline, a leading global IT service and solution provider, engaged TMF Group to increase their presence in Asia Pacific. 

Services for: Corporate Secretarial and HR and Payroll

Provided in: Malaysia and Vietnam

Softline is a leading global IT solutions and services provider focused on emerging markets. Founded in 1993, Softline offers a broad range of services, including software, hardware, as well as cloud, security and IT consulting. With more than 60,000 loyal private and public enterprise clients worldwide, Softline is among top five IT firms in more than 30 countries across Eastern Europe, Latin America and Asia.

Anthony Thong, Asia Pacific CFO at Softline, says, “Our aim is to become a listed company by 2019, so we must be able to demonstrate sustained growth and expansion into new markets.  Within Asia we are currently operating in Vietnam, Malaysia, and Cambodia, and in the process of opening in three new markets: Thailand, Myanmar, and Korea.

“Our rapid expansion into new markets can sometimes create challenges, particularly in the set-up of new entities, so we engaged TMF Group for our Malaysian and Vietnamese operations to provide payroll services, directorships, and corporate secretarial services.

“TMF Group’s extensive local knowledge, together with their global and regional reach, means that they can provide us with corporate business services as well as specialist solutions, tailor-made to our company’s needs.”

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