InCorp Vietnam

What InCorp Vietnam does

InCorp Vietnam is a market entry and corporate services firm operating across Vietnam through offices in Ho Chi Minh City, Hanoi, and Da Nang. The entity, formerly known as Cekindo and now operating under the InCorp Group/Ascentium umbrella, provides one-stop business support solutions including company incorporation, legal advisory, accounting and tax services, HR and payroll outsourcing (including employer of record), recruitment, immigration, and expat relocation services. Its core customers are foreign-owned enterprises and multinational corporations entering or expanding operations in Vietnam, with whom the firm manages regulatory navigation, licensing, and ongoing compliance.

The firm operates a platform-plus-modules service architecture, with company formation and corporate secretarial work as the core platform, augmented by specialized advisory and outsourcing modules. InCorp Vietnam serves approximately 140+ active incorporation and corporate secretarial clients, processes roughly 100+ new company incorporations, 40,000+ tax filings and accounting transactions, and 3,500+ payslips annually, alongside 50+ work visas each year. Revenue is generated through project-based and recurring service fees, with pricing quote-based and not publicly disclosed. Go-to-market is sales-led, anchored on enterprise client logos (Samsung, Adidas, Zomato, ExxonMobil at the group level) and supplemented by content marketing and inbound channels.

InCorp Vietnam is an operating subsidiary within the broader InCorp Group, a Pan-Asian corporate solutions provider spanning Singapore, Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, Vietnam, Mainland China, and UAE. This affiliation provides cross-border service capabilities and access to a 20+ global partner network, including membership in PrimeGlobal and professional affiliations with ACCA, IFAC, ICSA, SingCham, and AUSCHAM.

Name

InCorp Vietnam

Legal name

InCorp Vietnam Ltd.

Website

https://vietnam.incorp.asia

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

InCorp Vietnam is a market entry and corporate services firm providing company incorporation, legal, accounting, tax, HR/payroll, and immigration services to foreign-owned enterprises and multinationals entering or expanding in Vietnam, operating as part of the Pan-Asian InCorp Group/Ascentium.

Ownership category

akta.pro rank

Product category

Corporate Services & Market Entry Consulting

NAICS

Professional Employer Organizations (561330)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Equity Compensation & Global Share Plan Administration (BPACAHAI)

Keywords

• Corporate services
• Company formation
• Market entry consulting
• Tax advisory
• Immigration services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Professional Services - Corporate Consulting: InCorp Vietnam generates revenue through professional consulting services including company incorporation, legal advisory, accounting and bookkeeping, tax compliance and advisory, HR and payroll processing, recruitment, immigration services, and expat services. Revenue is derived from service fees charged to clients establishing or operating businesses in Vietnam.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

InCorp Vietnam is a market entry and corporate services firm that helps foreign companies establish and operate businesses in Vietnam. Its core offerings span company incorporation, legal advisory, accounting and finance, tax compliance, HR and payroll outsourcing (including employer of record), recruitment, immigration and expat relocation services. The firm packages these as a one-stop solution covering all stages from market entry through ongoing operations, supported by a network of more than 20 global partners and three Vietnam offices.

Product overview

InCorp Vietnam is a market entry and corporate services firm providing comprehensive business support solutions in Vietnam. The company operates a platform-plus-modules architecture centered on core incorporation and corporate secretarial services, complemented by specialized advisory modules covering legal, accounting, tax, HR/payroll, recruitment, immigration, and expat services. Additional add-on services include BPO, market research, local partner selection, company dissolution, offshore structuring, internal control review, and compliance retainer. The portfolio is positioned as a one-stop solution for businesses entering or operating in the Vietnam market, supporting all stages from conception through full operation.

Differentiator

Problem solved

Functional benefit

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• InCorp GroupcoreStrategic or Co-development PartnerInCorp Vietnam is an integral part of InCorp Group, a Pan-Asian corporate solutions provider. The group operates across multiple markets including Singapore, Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, Vietnam, Mainland China, and UAE (Dubai). This affiliation provides InCorp Vietnam with regional resources, best practices, and cross-border service capabilities.
• PrimeGlobalcoreStrategic or Co-development PartnerInCorp Vietnam is an independent member of PrimeGlobal, an international association of accounting firms and business advisors. This membership provides access to global resources, expertise sharing, and international standards for professional services delivery.
• IWG (International Workspace Group)minorChannel Partner/ Reseller/ DistributorIWG provides flexible workspace solutions including serviced offices and virtual offices. InCorp Vietnam may utilize IWG spaces for client office needs or refer clients to IWG services.
• IFAC (International Federation of Accountants)minorStrategic or Co-development PartnerIFAC is a global organization supporting accounting profession development. InCorp Vietnam's membership supports adherence to international accounting standards and professional development.
• ACCA (Association of Chartered Certified Accountants)minorStrategic or Co-development PartnerACCA membership supports professional development and adherence to global accounting standards. InCorp Vietnam demonstrates commitment to international best practices.
• ICSA (Institute of Chartered Secretaries and Administrators)minorStrategic or Co-development PartnerICSA membership supports corporate governance and secretarial services excellence.
• Singapore Chamber of Commerce (SingCham)minorStrategic or Co-development PartnerSingapore Chamber of Commerce membership supports networking and business connections between Singapore and Vietnam markets.
• American Chamber of Commerce in Vietnam (AUSCHAM)minorStrategic or Co-development PartnerAmerican Chamber of Commerce membership supports connections with US businesses operating in Vietnam.
• IAAP (International Association of Administrative Professionals)minorStrategic or Co-development PartnerIAAP membership supports professional development for administrative and secretarial staff.
• Ascentium (Parent Company)coreStrategic or Co-development PartnerInCorp Vietnam (formerly Cekindo) is now part of Ascentium. The company logo shows 'incorp an ascentium company' indicating this is the parent or affiliated group structure. Contact email still references ascentium.com domain.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Vistra: International corporate services and fund administration group with strong APAC presence, providing incorporation, tax, HR, and compliance services to multinationals entering Asian markets — directly overlapping with InCorp Vietnam's value proposition.
• BP International (British Philippines): Asia-focused corporate services firm offering company formation, accounting, tax, HR, and advisory for foreign investors across Southeast Asia — comparable service mix and cross-border client base to InCorp Vietnam.
• Acclime: Asia-focused market entry and corporate services firm with operations across Southeast Asia, helping foreign companies incorporate, manage tax, payroll, and compliance — directly comparable to InCorp Vietnam's positioning.
• Hawksford: Specialist corporate services and fiduciary provider with deep Asia-Pacific presence, offering company formation, accounting, tax, HR/payroll, and immigration — overlapping substantially with InCorp Vietnam's service portfolio.
• TMF Group: Global corporate services firm offering incorporation, accounting, tax, HR/payroll, and EOR across 80+ jurisdictions including Vietnam and the wider APAC region. Highly comparable business model and target customer base to InCorp Vietnam.

Emerging players

• Remote: Global EOR and international payroll platform with growing Southeast Asia coverage — a software-first competitor targeting the same foreign-employer client segment as InCorp Vietnam's Employer of Record offering.
• Globalization Partners: Global EOR platform helping companies hire in 180+ countries including Vietnam, competing directly with InCorp Vietnam's EOR service for clients seeking digital-first, scalable employment solutions.
• Deel: Tech-enabled global EOR and contractor management platform rapidly expanding APAC coverage. Represents the emerging software-enabled threat to traditional EOR/HR outsourcing providers like InCorp Vietnam's HR & payroll line.

Broad incumbents

• Baker McKenzie: Global law firm with a major Hanoi office offering legal advisory, market entry, and tax services to multinationals in Vietnam — a broader incumbent that competes for the same enterprise market entry mandates.

Regional players

• Pacific Prime: Asia-focused insurance broker and corporate advisory firm serving expatriates and foreign companies in the region, with adjacent overlap to InCorp Vietnam's expat and immigration services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/incorp-vietnam

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InCorp Vietnam