Benefits of Incorporating with Cekindo for US Business Owners

  • Up to 100% Foreign-owned entity

    Our team will ensure your complete control over your business in Vietnam without making risky arrangements.

  • Fully Online Service

    100% online services. For U.S. Citizens Consultation, billing, and onboarding is available completely via our digitized services.

  • APAC Leader in Corporate Services

    As a member of InCorp group, based in Singapore, our network of companies are leaders in the region for corporate services helping companies expand throughout the Asia Pacific.

Business in Vietnam

Why should US businesses move to Vietnam?

US- Vietnam Trade Relationships

Since the bilateral trade agreement between the United States and Vietnam went into effect in 2001, commerce between the two countries has increased considerably, as has US investment in Vietnam. A comprehensive trade and investment framework agreement has been reached between the US and Vietnam. Bilateral commerce between the United States and Vietnam has increased from $451 million in 1995 to nearly $90 billion in 2020. In 2019, the United States invested $2.6 billion in Vietnam.

US – Vietnam Trade Agreement

Following more than two decades of no commercial connections since the conclusion of the Vietnam War, the two countries resumed ties in the 1990s. Following the signing of the US-Vietnam Bilateral Commerce Agreement in December 2001, bilateral trade between the two countries rose slowly at first, then quickly. From $1.5 billion in 2001 to over $20 billion in 2011, total bilateral trade turnover has surged by 1200 percent.

Operating costs in Vietnam

Vietnam, along with Cambodia and Myanmar, has some of the lowest average operating expenses in the area. This country’s average overall operational expenditures per month range from $79,280 to $209,087.

Vietnam comes fifth in terms of business climate, talent, logistics, and digitalization among nations in Southeast Asia.

With an average total labor cost of $108,196 per year, Vietnam is the fourth most cheap market behind Cambodia, Myanmar, and the Philippines, accounting for 55 percent of total expenditures. Compared to the USA labor costs are 85% cheaper in Vietnam.

Incorporation Entities available to US Companies

Intellectual Property Right Consultant Vietnam

Limited Liability Company (LLC)

The most common structure you can utilize for setting up operations in Vietnam requires only one founder.

Suitable for: SME businesses from 1 to 50 members.
Processing Time: 6 – 8 weeks.

Trademark Market Research Vietnam

Branch Office

Conduct commercial activities in Vietnam as a dependent legal entity to a parent company that must be established for at least 5 years.

Suitable for: Established companies.
Processing Time: 4-6 Weeks.

Certified Translation Vietnam

Representative Office

Gain your presence in Vietnam and take advantage of researching market data

Suitable for: Companies abroad that want to do market research before fully starting commercial operations.
Processing Time: 4-6 Weeks.

Certified Translation Vietnam

Joint-stock Company

Maximize your opportunities to make a breakthrough with an extensive corporate structure and flexibility.

Suitable for: Foreign entrepreneurs require a complex corporate structure and commercial activities.
Processing Time: 4-6 Weeks.

Your Success Plan in Vietnam

1 Submit Document

Submit Your
Information & Requirements

Tell us about your company
needs and aspirations in
Vietnam

2 Book Consultation

Book a Consultation
With Our Experts

Go over your plan with one
of our bilingual business
Consultants

3 Business Launch

Choose a Plan & Succeed
In Vietnam

Together we will expand
your business in Asia's
fastest growing economy

Calculate the Cost of Doing Business in Vietnam