XIAMEN, China - Lichen China Limited (NASDAQ:LICN), a provider of financial and taxation services, has announced the start of its subsidiary Lichen Singapore's operations as part of its international expansion strategy. The move into the Singapore market marks the company's first foray outside of China, with further plans to extend its reach into Southeast Asia.
Chairman Li Ya expressed that the company's strategy involves attracting top international industry talent and building global delivery capabilities. Lichen China has appointed Robert Bodenstein, Chair of the International Council of Management Consulting Institutes, as an independent director to support this expansion.
The company recently joined the Singa-Sino Economic & Cultural Exchange Association, aiming to offer financial and taxation services to Chinese companies going global and international firms investing in China. This membership aligns with the company's goal to leverage its financial system and strategic location to gain competitive advantages.
With over 18 years of experience, Lichen China has established itself as a provider of professional financial and taxation solution services in China. The company's expertise is recognized in the industry, and its internationalization strategy is a significant step in its growth.
The information in this article is based on a press release statement from Lichen China Limited.
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