Sleek vs Statrys company registration services comparison

Statrys and Sleek are among the many company registration services to consider in Hong Kong. Both providers offer streamlined solutions for entrepreneurs and SMEs navigating the complexities of incorporation, but they differ in their approaches, key offerings, and pricing.

In this article, we’ll lay out the differences, comparing Statrys and Sleek’s Hong Kong company incorporation services side by side. By the end, you’ll have a clear understanding of how these two services stack up, helping you make an informed choice that aligns with your business goals.

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Disclaimer: All information is accurate as of January 2025 but may have changed since. For the latest details and promotions, please visit the provider’s website directly.

Statrys vs Sleek at a Glance

Feature

Statrys

Sleek

Service Plans

One comprehensive package

3-tiered plans and pricing

Pros

✅One package includes all essential requirements for launching a Hong Kong business

✅Includes a registered address with scanning of received mail.

✅Offers in-house multi-currency business accounts with a dedicated account manager

✅Different tiers of service plans for different needs

✅Includes optional accounting services

Cons

❌No accounting service. However, Statrys can recommend trusted service providers based on your specific needs.

❌Packages exclude a registered address in Hong Kong; available only as an add-on.

Pricing

HKD 8,600

HKD 5,349 - 14,129

Best For

First-time entrepreneurs and SME owners who want a one-stop solution that covers everything they need within one package. 

Companies needing accounting services, flexible plans, and the ability to choose add-ons tailored to their requirements.

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Tip: Learn more about Sleek Hong Kong company incorporation service in our detailed review.

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Incorporation Package Comparison

Here’s a comparison of Statrys’ all-in-one package with Sleek’s most popular package, Grow, as recommended on their website.*

Company Incorporation

Feature

Statrys

Sleek

Name Check

Included

Included

Filling out the Incorporation Application with the Hong Kong Companies Registry

Included

Included

Government Fees

Included

Included

Included

Included

Included

Included

Included

Included

Company Chops

Included

Please contact Sleek directly for further information

Both Statrys and Sleek offer comprehensive company incorporation services, covering essential requirements such as company name checks, filing incorporation applications, and obtaining key documents like the Certificate of Incorporation and Business Registration Certificate (BRC). Statrys also includes company chops in its package, while it is advised to contact Sleek directly for more information about this feature.

Company Secretary

Feature

Statrys

Sleek

Company Secretarial Services

Included

Included

Maintenance of Statutory Records

Included

Included

Appointment as the Designated Representative of the Company

Included

Included

Change of Personal Particulars of Director(s)

Included

Included

Filing of Annual Return (NAR1)

Included

Included

Preparation of the Annual General Meeting (AGM)

Included

Included

Statrys and Sleek both offer full company secretarial support, covering essential compliance tasks like statutory record maintenance, annual return filing, and AGM preparation.

Registered Office Address

Feature

Statrys

Sleek

Registered Office Address

Included

Not included; available as an add-on for HKD 2,000

Scanning of Received Mail

Included

Not included

Statrys includes a registered office address with mail scanning services, ensuring all received mail is forwarded as needed. This includes both physical mail forwarding and digitising documents, which are uploaded to the company portal for easy access. Sleek offers this service as an add-on for HKD 2,000, which includes both a registered address and a virtual mailroom. 

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Tip: A registered address is mandatory for Hong Kong company registration. This means that you must either have a physical space in Hong Kong or use a service that includes a registered address.

Corporate Actions

Feature

Statrys

Sleek

Changes in Directors

Appointment / Resignation / Change of personal particular of Director included

Included changes in directors' particulars

Appointment and cessation of directors are available as premium secretary service features*.

Changes in Shareholders

Not included

Allotment of shares and transfer quoted on request

Allotment and transfer of shares costs are available as premium secretary service features*.

*Sleek premium secretary features cost an additional HKD 2,500.

Statrys includes director changes at no extra cost, offering flexibility and potential savings. However, costs for share allotment and transfer are quoted individually, requiring more time for detailed inquiry compared to Sleek's bundled service.

Sleek offers a premium service covering director and shareholder changes for an additional HKD 2,500. This provides a clear, predictable cost structure but requires an upgrade, making it more costly upfront.

Accounting, Audit and Tax Services

Feature

Statrys

Sleek

Accounting Services

Not included

Included

From HKD 292/month, depending on expenses and service levels.

Audit

Not included

Not included

Tax Services

Not included

Not included

While Statrys can connect you with accounting firms suited to your financial activity level, it currently does not offer in-house accounting or auditing services on its platform. Sleek’s Grow package, on the other hand, includes accounting and bookkeeping services, while financial statement auditing and profit tax filing are part of the Success package.

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Important Tip: Take your time when choosing an accounting and bookkeeping service provider. Wait a few months if you want to make the right decision. It can save you money.

Business Account

Feature

Statrys

Sleek

Business Account 

Application for a Statrys business account available (subject to approval)

Sleek does not offer a business account but facilitates applications for Airwallex business accounts (subject to approval)

Payment Card

Statrys Mastercard® Prepaid card (subject to approval)

Sleek does not offer a payment card but facilitates Airwallex debit card services (subject to approval)

Dedicated Account Manager

Included

Not included

Statrys offers a business account on the same platform, so you don't have to go through a third-party provider. This means that as soon as you register a company with Statrys, the team can help you apply for a business account (subject to approval), which includes a payment card (subject to approval), dedicated account managers, and competitive FX rates. 

On the other hand, Sleek does not provide its own business account and card services on the platform. Instead, they've teamed up with Airwallex and will help you apply for an Airwallex business account (subject to approval). For more details on benefits and terms, please reach out to Sleek directly.

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Tip: Both Statrys and Airwallex business accounts can be opened entirely online. Learn more about how they compare in our detailed analysis. 

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Pricing Comparison

Now that we’ve compared the features included in Statrys’ and Sleek’s company registration packages, let’s look at the pricing structure.

Package Pricing

Feature

Statrys

Sleek

Pricing

HKD 8,600 

Starter: HKD 5,349

Grow: HKD 8,849

Success: HKD 14,129

Statrys offers a single package at one price. This package covers the required company secretary and registered address for one year and includes up to five shareholders. 

Sleek offers 3 tiers of packages: Starter, Grow, and Success. All include incorporation and basic secretarial services, with Grow adding accounting and bookkeeping, and Success including auditing and tax services. A registered address and virtual mailroom are not included but can be added at an extra cost.

Shareholder Fees

Feature

Statrys

Sleek

Additional Shareholder Fees

The first 5 shareholders are free; HKD 1,000 each for additional shareholders.

The first shareholder is free, around HKD 200 - HKD 600 for each additional shareholder.  

Statrys includes the first five shareholders at no additional cost, charging HKD 1,000 for each additional shareholder beyond that. Sleek, on the other hand, includes only the first shareholder for free, with fees per additional shareholder.

Customer Support Comparison

Customer support is a crucial factor to consider when choosing a service provider. Here’s a comparison of the customer support provided by Statrys and Sleek.

Feature

Statrys

Sleek

Communication Channels

Phone, Chat, Email, WeChat, WhatsApp

Phone, Email support, WhatsApp

Working Hours

10 am – 7 pm (Hong Kong Time)

9 am – 6 pm (Hong Kong Time)

Dedicated Account Manager for Business Account

Included

Not included

Overall, both providers offer comprehensive customer support options. However, Statrys distinguishes itself with additional communication channels and a dedicated account manager. Entrepreneurs handling business in China may also find WeChat more convenient to use because of its dominant presence in the country.

On the other hand, Sleek offers support through various channels but with fewer options, and there is no specific information regarding support from a dedicated account manager. Therefore, if personalised support and extensive communication channels are important to you, Statrys might be the preferable choice.

Choosing Between Statrys and Sleek

After comparing features, pricing, and customer support, the next step is to determine which provider suits your needs. Choosing between Statrys and Sleek depends on your priorities and requirements, so here are some scenarios where each provider could be the right fit. 

When to Choose Statrys

  • One-Stop Solution: You need a comprehensive package covering all incorporation essentials without the need for add-ons.
  • More Than One Shareholder: Your business involves more than one shareholder.
  • Personalised Assistance: You value personalised assistance, including a dedicated account manager for business accounts.

When to Choose Sleek

  • Flexible Packages: You want the option to select from tiered plans tailored to your specific needs.
  • Accounting Services: You need in-house accounting, bookkeeping, or tax filing services.
  • Lower Starting Price: You’re looking for a more budget-friendly option for basic incorporation needs without a registered address.

Conclusion

In summary, both Statrys and Sleek provide essential services for incorporating a Hong Kong company, simplifying the critical tasks and allowing you to focus on building and running your business. By carefully comparing their offerings and pricing, you can select the provider that best aligns with your needs and budget, avoiding unnecessary expenses and ensuring you make the right choice for your business's long-term success.

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FAQs

Which is better: Sleek or Statrys?

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The better choice depends on your specific requirements. Statrys is ideal for companies seeking a comprehensive package that can help them start operations in Hong Kong right away. In contrast, Sleek is more suitable for companies looking for a flexible, customisable package with various add-ons, allowing them to choose what to add or remove to suit their budget.

What's the difference between Sleek and Statrys?

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How much is it to incorporate a company with Sleek?

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Can a foreigner register a company in Hong Kong?

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How long does the company incorporation process take in Hong Kong?

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Disclaimer

Statrys provides company registration services in Hong Kong and competes directly with Sleek. This comparison is based on publicly available information and is intended to give you an accurate overview of your options. While we include ourselves in this comparison, our priority is to present an objective, side-by-side evaluation to help businesses make informed decisions.

If you have any feedback regarding this comparison, please contact us at marketing@statrys.com

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