Benefits of expanding to Vietnam

  • An Ideal Setting

    Located in the heart of South East Asia, Vietnam has a lengthy coastline close to various maritime routes & shares a border with China

  • Full Free Trade Agreements

    Vietnam recently signed significant free trade agreements within the Asean region, as well as with the European Union, the UK & India

  • A Young Workforce

    With a median age of 32.5, Vietnam has a young workforce with ever-increasing rates of higher education

  • Low Operating Costs

    Despite its rapid economic growth Vietnam still is considered one of the cheapest countries to do business in, from the low costs of employment, overhead and competitive tax rates

Business in Vietnam
Limited Liability Company

About the MRA Grant

Singaporean SMEs (small to medium enterprises) will benefit from the Market Readiness Assistance grant, which will help them expand internationally. The Singaporean government will cover a maximum of 70% of the fees needed to expand your business abroad.

Representative Office

Who is Eligible to Receive the Grant?

Any business entity incorporated or registered in Singapore with at least 30% locally owned capital, annual sales turnover under SGD 100 million, and under 200 members of staff, whose overseas sales does not exceed SGD 100,000 in each of the previous three years are eligible to apply for the grant.


Eligible Business Activities Covered

The MRA grant will help the SME founders such as yourself cover the following expenses:

  • Up to SGD 20,000 for marketing and promotion
  • Up to SGD 50,000 for business development
  • Up to SGD 30,000 for business setup
    Including Company Registration, HR, Accounting & Tax setup

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How to Apply?



Companies can appoint consultants from Enterprise Singapore’s list of FTA consultants or can approach their preferred consultants to seek quotations. Read more...



After registering for the grant on the Business Grants Portal, companies will work with the third-party consultants on a contract. The supported time frame for the project on the Portal must match the project commencement and completion dates.



Once your Grant is approved Cekindo will assist with the entire process of market entry into Vietnam, including incorporation, office setup, accounting, taxes, and more.

Let Cekindo Take Care of Incorporation in Vietnam

Cekindo is a leading provider of global market entry services in South East Asia. We are part of InCorp Group, a regional leader in corporate solutions, that encompasses 7 countries in Asia, headquartered in Singapore. With over 500 legal experts serving over 12,000 Corporate Clients across the region, our expertise speaks for itself. We provide transparent legal consulting, setup, and advice based on local requirements to make your business perfectly fit into the market with healthy growth. Read more...

Your Success Plan in Vietnam

1 Submit Document

Submit Your
Information & Requirements

Tell us about your company
needs and aspirations in

2 Book Consultation

Book a Consultation
With Our Experts

Go over your plan with one
of our bilingual business

3 Business Launch

Choose a Plan & Succeed
In Vietnam

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

Contact Our Consultants

Please send your question(s) by filling in this form. Our consulting team will quickly answer you via Email for a free consultation. Due to the current situation we are able to provide our services 100% online for everyone safety

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