Qapita, a leading equity management platform in Asia, is excited to announce a collaboration with Tapestry, a specialist law firm and provider of the state-of-the-art OnTap database - OnTap helps clients manage their global equity compensation and share plan compliance needs more cost effectively. Qapita’s platform and consulting customers will now have easy access to global legal, tax, and regulatory information. This marks a significant milestone in addressing the increasingly complex landscape of equity incentive and compensation.
The collaboration responds to the growing need for localised support and insights into equity compensation, a challenge that intensifies as startups and established companies alike pursue global growth. Through access to Tapestry's OnTap database, Qapita's customers can now navigate the intricacies of equity incentive programs with confidence, making informed decisions that align with local regulations and tax implications.
"Equity compensation is a crucial tool for attracting and retaining top talent, especially in today's competitive global market," said Amit Majumder, CFA, Head of SEA & ANZ at Qapita. "Our collaboration with Tapestry enhances our commitment to providing comprehensive solutions that support our clients' growth and expansion efforts. By allowing our customers to opt in to access Tapestry's OnTap database and its reports, we're equipping our customers with the essential tools to manage their equity plans effectively, regardless of where they operate, or where their employees are."
"At Tapestry, we understand the vast complexities that come with managing equity incentives across different jurisdictions," said Suzannah Crookes, Legal Director at Tapestry. "Collaborating with Qapita allows us to extend our reach and impact, ensuring companies have the necessary resources to address the global challenges of equity compensation. We're proud to support Qapita's mission of making every equity owner count and unlocking the power of ownership."
The collaboration enables Qapita's clients to conduct feasibility studies, consider legal issues, understand tax filing, reporting, and withholding requirements, and importantly, provide employee tax guides. These guides offer critical information on the implications of participating in the company's plan, covering all possible plan designs and instruments, including but not limited to market priced options, discounted and nil cost options, RSUs, ESPPs, and restricted shares.
For more information about the collaboration and how it can benefit your company, visit www.qapita.com/ontap-by-tapestry.
About Qapita
Qapita is a leading equity management platform that provides solutions for cap table management, employee equity management, and liquidity solutions. Designed to empower startups, listed companies and investors, Qapita simplifies equity ownership and management, enabling companies to focus on growth and innovation.
About Tapestry
Tapestry, a UK-based law firm advising on equity compensation around the world, offers award winning experience and expertise providing insight-driven global solutions. Tapestry’s OnTap database offers comprehensive legal, tax and regulatory information for over 150 countries on a cost-effective basis. Tapestry's solutions support companies in navigating the complex landscape of global equity compensation, ensuring compliance and informed decision-making.
Contact:
For Qapita:
Amit Majumder, CFA
For Tapestry:
Suzannah Crookes and Tom Parker
