Tricor Group
76 Case Studies
A Tricor Group Case Study
The Jackson Laboratory, an independent non-profit biomedical research institution, expanded into Mainland China in 2018 and quickly ran into complications coordinating multiple advisors across tax, payroll, HR, accounting, and corporate compliance requirements. Without a single party overseeing the process, the setup became confusing and delayed, leaving the team unsure of both the initial establishment steps and the ongoing local obligations. Tricor Group was brought in to help manage the Mainland China expansion and compliance needs.
Tricor Group worked with F&L to create a centralized, integrated support model for bank account setup, tax registrations, payroll compliance, employee benefits, accounting, VAT, corporate tax, and corporate secretarial filings, all coordinated through one point of contact. Tricor Group also liaised directly with local counsel and supported employee onboarding, helping reduce delays and improve transparency. As a result, The Jackson Laboratory gained smoother compliance processes, monthly coordination, and clearer reporting aligned with local requirements, supporting continued growth in Mainland China.
Gerard Langlais
Controller