Back to business! Launch Your New Business with 10% Off— Start Now

Osome Company Registration Review

Osome offers two packages for Hong Kong company incorporation, with the "Essential" package focusing on cost-efficiency and the "All-Inclusive" package providing additional services like a registered address and mail forwarding.

The pricing for Osome’s services is straightforward, starting at HKD 5,800 for the Essential package. Customer support is available via multiple channels, although contact hours are not specified on their website.

As international business activity expands, many entrepreneurs are turning to Asian markets like Hong Kong because it is a prominent business hub renowned for its ease of doing business, its favourable tax system, and its strategic position as a gateway to China.

For those looking to establish a presence in this thriving market, incorporating a company is a crucial legal step. However, navigating this process in an unfamiliar jurisdiction can be challenging. That’s why company formation services are valuable for ensuring a smoother and quicker process.

Today, many providers offer Hong Kong company registration services, and you may have heard of Osome. But is it the right choice for you? This review will examine Osome, exploring its packages, fees, customer service, and company formation process to help you determine if it meets your needs.

What Is Osome?

Founded in 2017 and headquartered in Singapore, Osome is a cloud-based digital business assistant providing various administrative support services. They offer online accounting, company audits, ecommerce accounting, corporate secretary services, and company incorporation. 

The company operates in Singapore, Hong Kong, and the UK. 

Osome has secured 66.5 million in funding across eight rounds. Their most recent funding, a Series B round, was completed on 17 May 2024.

Osome Pros and Cons

Osome Pros

  • 100% online
  • A comprehensive package that allows you to include or exclude a registered address and mail forwarding to manage costs.
  • Simple pricing structure

Osome Cons

  • Limited information on the webpage. Lack of specific details, such as shareholder coverage, changes in particulars, and more. 
  • Business accounts are not offered on the platform; assistance with banks is provided, but approvals depend on third parties.
magnifying-glass-green

Tip: Not sure if Osome is the right fit? Explore the best company incorporation services in Hong Kong and see our comparison of Statrys vs Osome.

Back to business promotion for company creation services in Singapore

Factors to Consider Before Choosing a Company Registration Service Provider in Hong Kong

Before we start the review, let's look at what to keep in mind when choosing a company registration service for a Hong Kong business. This may help you decide if Osome is right for you.

Core Services

The provider should handle key requirements, necessary documents, and ongoing compliance. For forming a Hong Kong company, this involves:

green book

Tip: Get familiar with the full details of Hong Kong company formation and the process for setting up a company in Hong Kong.

Hidden Costs

Whenever you contact a provider, be sure to ask about all potential costs. It's common for extra charges to arise from administrative fees.

Here are some key questions to ask:

  • Are government filing fees included in the service package, or are they billed separately?
  • Are the costs for a registered address and company secretary covered, and what services are included?
  • How many shareholders are included in the base price, and what is the cost of adding more?
  • Are there extra fees for changes in the company structure, such as adding or removing directors or shareholders?

Customer Support

Strong customer support is crucial for a seamless registration process. Make sure you can easily communicate with your provider to track your company’s progress and resolve any issues with the legal documents involved. It’s a bonus point if they use communication channels you’re familiar with.

Customer Reviews

Before choosing a provider, you should consider reading customer reviews. 

For a detailed perspective on Osome’s performance, check out this Osome reviews page on Trustpilot.

green-lightbulb

Tip: You don’t need to pay for business account opening support. The process is usually simple for most companies, and business accounts such as Statrys can be opened free of charge. 

Osome Hong Kong Company Incorporation Service Features

Osome offers two registration packages. The first is the “Essential” package, which does not include a registered address, making it ideal for those who already have a local address in Hong Kong and are looking to reduce costs. The second is the “All-Inclusive” package, which includes a registered address, ideal for those without a physical space in Hong Kong.

Let's review the features included in each package.

Essential

  • Government fee included
  • Application for incorporation
  • Certificate of Incorporation (CI)
  • Articles of Association
  • Business Registration Certificate (BRC) 
  • Company Secretary services
  • Personal support from your company secretary via live chat
  • Documentation for the Annual General Meeting
  • Filing of Annual Returns (NAR1)
  • Automated filing deadline reminders
  • Online management of share distribution and capital table
  • Document storage via the Osome app
  • Assistance with opening a traditional bank and neobank account

All-inclusive

Everything in Essential, plus

  • Management of unlimited company changes
  • A registered address 
  • Notifications for received mail
  • Scanning and forwarding of notices and documents to the registered address

Osome provides bookkeeping, accounting, audit, and company secretary services in Hong Kong as entirely separate services, with prices varying across different tiers and some overlap with their company incorporation packages. This article, however, focuses exclusively on their company incorporation packages.

magnifying-glass-green

Tip: To incorporate a company in Hong Kong, you must have a registered address. This means you either need to have a local Hong Kong address or choose a service that provides one.

Osome Hong Kong Company Incorporation Service Pricing

Osome's pricing is straightforward and based on the chosen package. Here are the details:

Services

Fee

Essential Package

HKD 5,800

All-inclusive package

HKD 7,800

Company chop add-on (optional) 

HKD 550

To learn more about Osome’s fees, please visit Osome’s pricing page.

Step-by-Step Process to Incorporate a Company with Osome

Incorporating a Hong Kong company with Osome is a 100% online process with a few main steps:

  1. Leave your contact details, including your name, email address, and phone number, with Osome.
  2. An Osome representative should reach out to request your business details and documents. This includes your company name, business activities, share structure, and information about directors and shareholders.
  3. Complete online ID verification for all individuals involved.
  4. Osome will then prepare the necessary documents: the Company Constitution, Articles of Association, and the incorporation application.
  5. Review and sign the documents digitally.

After completing these steps, you should be able to form your Hong Kong company.

Osome Customer Support

To get in touch with Osome, you have several options:

Please note that there is no information on contact hours available on the website.

Alternative Solution: Statrys

If Osome doesn't fully meet your needs for Hong Kong company incorporation, consider Statrys. 

Launched in 2019, Statrys started as a licensed payment service provider for businesses in Hong Kong, Singapore, and the BVI. In 2022, they expanded to include company registration services in Hong Kong and Singapore, providing everything needed to start a company in the region. 

What distinguishes Statrys from Osome is that Statrys provides a single, all-in-one package that includes an application to a multi-currency business account within the same platform. This integration allows for a faster and more streamlined process when setting up and managing your business in Hong Kong.

Additionally, Statrys can provide tailored recommendations for accounting firms that match your business's transaction volume. 

Below is an overview of Statrys' Hong Kong company incorporation services:

Pricing

HKD 8,600 

Incorporation Services

  • 100% online
  • Up to 5 shareholders included
  • Company name check
  • Filing incorporation documents
  • Articles of Association
  • Certificate of Incorporation
  • 1-year Business Registration Certificate
  • Company seals
  • 24/7 access to documents online
  • Government fees included

A Hong Kong Registered Address

  • 1-year registered address in Hong Kong
  • Mail scanning and forwarding

Company Secretary Services

  • Company Secretary (1 year)
  • Designated Representative (1 year)
  • Annual Return filing (NAR1)
  • Maintaining the significant controller register
  • Managing statutory records
  • Annual General Meeting (AGM) preparation
  • Automated filing deadline reminders
  • 24/7 online access to statutory records and compliance documents

Business Account

  • Fast-track application process for a multi-currency business account with payment cards and FX services

Additional Services

  • Recommendations and quotes for appropriate accounting services based on the client’s transaction volume
  • Renewal service at a reduced price
Back to business promotion for company creation services in Singapore

FAQs

What is Osome?

arrow
Osome is a cloud-based business assistant platform founded in 2017. They offer online accounting, company audits, and incorporation services to businesses in Singapore, Hong Kong, and the UK.

How much does it cost to register a company in Hong Kong with Osome?

arrow

How long does it take to register a company in Hong Kong with Osome?

arrow

What are the best alternatives to Osome?

arrow

Disclaimer

More info

Statrys competes directly with Osome in providing Company incorporation services in Hong Kong and Singapore, but we're committed to providing an unbiased, thorough review to help you make an informed choice.

Looking for a business account?

CheckCircle
CheckCircle
CheckCircle
Statrys Logo
app-store
play-store
apk-download