
Written by Bertrand Théaud, Founder
20+ years in Asia as a corporate lawyer, investor, and fintech founder. I've sat on both sides of the table and seen the same avoidable mistakes hit founders again and again. The reviews and articles I write are for founders who'd rather skip the mistakes.
Key Takeaways
Sleek suits founders who want the company secretary, audit, and profits tax filing handled by one Hong Kong team.
If you live outside Hong Kong, budget from the foreigner prices, which start at HK$6,973 for Starter and reach HK$15,973 for Full Compliance.
Choose the Premium company secretary tier if you expect shareholder or director changes, which cost HK$2,500 each on the Standard tier.
Sleek doesn't offer its own business account, so plan for a second application with Airwallex or Aspire, its referral partners.
Introduction
The headline price is the least useful number on Sleek's pricing page.
That sounds harsh for a provider that publishes its prices openly. But the questions that decide your real bill sit one click deeper. Are you a local or a foreigner? How many shareholders will you have? Will you ever add a co-founder or swap a director? Do you need audit and bookkeeping in year one? Get those wrong and an HKD 6,973 setup turns into a five-figure first year.
This review covers what each of Sleek's three Hong Kong plans includes in 2026, how local and foreigner prices differ, and where the company secretary tier matters. It also explains what Sleek's "free business account" actually is and what users report after they've paid. It's for founders who've already chosen Hong Kong and are deciding who will run the setup, often from abroad.
Statrys offers Hong Kong incorporation too, so we have a stake in this comparison. Our prices come from Sleek's own pages, and where we mention our own run through Sleek's onboarding, we link to it.
Here's what you actually pay, and what you get for it.
Is Sleek Right for You?
Sleek works best for founders who want compliance handled as a package and don't expect to change much after incorporation.
Good Fit
- Founders who want audit and tax alongside the company secretary. From Compliance up, Sleek handles audited accounts and profits tax filing, so there's no auditor to find.
- Solo founders with a fixed share structure. One shareholder keeps the Standard company secretary tier at its lowest band.
- Founders abroad who need a Hong Kong address from day one. Every foreigner plan includes a virtual address and mailroom.
- Founders who already use Airwallex or Aspire. Sleek refers you to both, so you'd be working with a provider you already know.
Not a Good Fit
- Founders expecting investors or co-founders. On the Standard tier, each share or director change costs HK$2,500. On Premium, they're included.
- Founders who want their business account on the same platform. Sleek refers you to a partner, which runs its own onboarding and approval.
- Founders who only need bookkeeping. Since the 2026 plan change, it's only bundled in Full Compliance, or sold on its own from HK$3,500 a year.
- Founders who need fast answers after paying. Recent Trustpilot complaints cite slow onboarding replies and billing disputes that took weeks to resolve.
Sleek Fees
Sleek charges foreign founders HK$2,000 more than local founders on every Hong Kong plan. For locals, a registered address costs HK$2,000 extra. Foreigner plans include a virtual address and mailroom, so the gap mostly covers the address. The figures below come from Sleek's Hong Kong pricing page.
Plan Prices
| Plan | Local Founders (From) | Foreign Founders (From) |
|---|---|---|
| Starter | HK$4,973 | HK$6,973 |
| Compliance | HK$10,473 | HK$12,473 |
| Full Compliance | HK$13,973 | HK$15,973 |
What Each Plan Includes
| Item | Fee or Plan | Notes |
|---|---|---|
| Certificate of Incorporation and Business Registration Certificate | All plans | Government fees included |
| Company Secretary, Statutory Registers, AGM Documents, Annual Return (NAR1) Filing | All plans | Standard tier included in the headline price |
| Designated Representative | All plans | Required for the Significant Controllers Register |
| Business Account and Debit Card | All plans | Referral to Airwallex or Aspire, subject to their approval |
| Registered Address and Virtual Mailroom | Included for foreigners; HK$2,000 add-on for locals | A Hong Kong registered office is mandatory |
| Audited Financial Statements and Profits Tax Filing | Compliance and Full Compliance | Standalone audit from HK$5,500/year |
| Offshore Tax Exemption Support | Compliance and Full Compliance | Premium service, price not published |
| Annual Bookkeeping, Management Report, IR56B Employer Return | Full Compliance only | Standalone accounting from HK$3,500/year |
| Company Secretary Premium Tier | From HK$3,800/year | Replaces Standard (from HK$1,300/year); covers director and share changes |
Important: Sleek's company secretary fees scale with shareholder count, so what you pay at checkout will be higher than the headline price if you have more than one shareholder or choose the Premium tier.
Here's how that plays out for a foreign founder with one shareholder. The Starter plan starts at HK$6,973, which Sleek says already covers government fees, the Standard company secretary tier, the registered office and its incorporation service fee. Choosing the Premium tier instead adds HK$2,500 a year. Add a second shareholder and both tiers move up a price band: Standard to HK$1,900 a year (HK$600 more) and Premium to HK$4,400 a year.
If you'll need an audit, a profits tax return and bookkeeping in year one, and every Hong Kong limited company that isn't dormant does, the three routes cost the same for a foreign founder with one shareholder:
- Starter (HK$6,973) + standalone audit (from HK$5,500) + accounting (from HK$3,500): from HK$15,973
- Compliance (HK$12,473) + accounting (from HK$3,500): from HK$15,973
- Full Compliance: HK$15,973
So the bundle's advantage is having everything under one plan, not a lower price. Add HK$2,500 to any route if you need the Premium company secretary tier. Our Sleek Compliance plan review breaks that plan down line by line.
Sleek Features
Sleek's value sits in its company secretary and compliance work, not in payments. These are the five features that matter most for a foreign-owned Hong Kong company.
Company Secretary: Standard vs Premium
Every Hong Kong limited company needs a company secretary, and the Companies Registry requires that secretary to live in Hong Kong or be a body corporate with a Hong Kong office (Companies Registry incorporation FAQ). Sleek fills the role in all plans and prices it in two tiers, according to its company secretary page:
| Tier | From | What It Covers |
|---|---|---|
| Standard | HK$1,300/year (1 shareholder) | Annual return, AGM documents, statutory registers, routine changes such as registered office or business particulars |
| Premium | HK$3,800/year | Everything in Standard, plus change of director, allotment and transfer of shares, change of company name |
Both tiers rise in price bands with your shareholder count: 1, 2, 3 to 5, 6 to 9, 10 to 20, 21 to 30, and more than 30. For a company that expects its share structure to change, the Premium tier is the real starting price. If you're unsure what the role involves, here's what a Hong Kong company secretary does.
Audit and Profits Tax Filing
The Compliance plan adds a dedicated advisor, audited financial statements under HK SME-FRS (the simplified reporting standard for small Hong Kong companies), and profits tax calculation and filing. As recently as May 2026, Sleek's Compliance plan meant bookkeeping. It now means audit. If you read an older review, the plan names will line up but the contents won't.
Bookkeeping and SleekBooks
Bookkeeping and a management report only come in Full Compliance. So do the IR56B employer return (the annual salary report for staff) and bank feeds into SleekBooks, Sleek's own bookkeeping software. You can also buy accounting separately, from HK$3,500 a year. For a founder without payroll, the IR56B element may be dead weight.
Business Account Through Airwallex or Aspire
Sleek's "free business account" is an introduction, not a Sleek product. Per Sleek's banking solutions page, you pick Airwallex or Aspire from the Sleek dashboard and apply through a referral link. Sleek says accounts can be active in as little as 48 hours. Sleek offers perks with each: fee-free FX on the first HK$100,000 converted with Airwallex, or HK$2,000 cashback with Aspire.
Sleek itself doesn't hold funds, issue cards or offer cash deposits or ATM access. Any card and any ATM access come from the partner, under the partner's own terms and approval. That means a second KYC (identity verification) review with a separate provider, either during onboarding or later, which is worth building into your timeline.
Offshore Tax Exemption Support
Sleek lists offshore tax exemption support as a premium service on the Compliance and Full Compliance plans, with no published price. An offshore claim asks the Inland Revenue Department to treat profits as sourced outside Hong Kong. The claim is document-heavy and often draws follow-up questions. Before you commit, ask Sleek for a written scope and fee, and read how to qualify for Hong Kong's offshore tax exemption so you know what evidence you'll need.
Account Opening: How Incorporation With Sleek Works
Sleek's Hong Kong incorporation runs fully online, with no visit to Hong Kong required. Directors don't need to be Hong Kong residents under the Companies Ordinance, per the Companies Registry, so founders of any nationality can apply. The company must, however, have a registered office address in Hong Kong.
What You'll Typically Need
| Item | Notes |
|---|---|
| Passport or ID for Each Director and Shareholder | Used for Sleek’s KYC checks |
| Proof of Residential Address for Each Director and Shareholder | Recent utility bill or bank statement is typical |
| Proposed Company Name | Checked for availability before filing |
| Share Structure and Shareholder Details | Drives your company secretary price band |
| Registered Address Choice | Included for foreigners; add-on or your own address for locals |
Step by Step
- Step 1: Choose Starter, Compliance, or Full Compliance on the local or foreigner pricing tab.
- Step 2: Pick the Standard or Premium company secretary tier. The price updates with your shareholder count.
- Step 3: Add optional services: registered address (locals), accounting, or audit.
- Step 4: Review the cart. It shows the secretary tier, government fees, add-ons, and the service fee.
- Step 5: Pay at checkout, then complete KYC and sign the documents digitally.
- Step 6: Sleek files with the Companies Registry and tells you when the company is incorporated.
The government step itself is quick: the Companies Registry says certificates for electronic incorporations are normally issued within an hour of submission. The wait comes before that: collecting documents and clearing KYC. For foreign founders, Sleek says incorporation typically takes 3 to 5 business days from the day it receives your complete KYC documents.
The friction worth knowing: our Starter plan walkthrough timed Sleek's onboarding at about 45 minutes. It gathers everything in one pass, so there's no chasing later, but set aside the time.
Want to see it for yourself? We paid for Sleek's Starter plan as a foreign founder and recorded every step, from the application to checkout. Adding a second shareholder and one director change took the bill from HK$6,973 to HK$10,073.
What Real Users Say
Sleek scores well overall, but its complaints cluster around the period right after payment. On Trustpilot, Sleek has a TrustScore of 4.3 from over 3,800 reviews. That score covers all of Sleek's markets, not only Hong Kong. Trustpilot shows Sleek replying to 97% of negative reviews, typically within a week.
| What Users Praise | What Users Complain About |
|---|---|
| Helpful, Knowledgeable Staff | Slow or no replies during onboarding after full payment |
| Responsive Accountants on Ongoing Work | Subscriptions billed from payment date rather than incorporation date, with refund requests stalling |
| Easy Digital Process with Everything in One Dashboard | KYC and data-entry errors that held up incorporation |
Sleek vs Statrys & Alternatives
Statrys competes with Sleek on Hong Kong incorporation, so read this comparison with that in mind. The biggest difference is where the business account sits.
| Dimension | Sleek | Statrys |
|---|---|---|
| Headline Incorporation Price | From HK$6,973 (foreigners), HK$4,973 (locals) | HKD 8,750 (HKD 7,875), one price |
| Registered Address | Included for foreigners; HK$2,000 for locals | Included for the first financial year, with mail scanning |
| Company Secretary | Standard from HK$1,300/yr, priced by shareholder count; Premium from HK$3,800/yr | Included for the first financial year, with Designated Representative |
| Business Account | Referral to Airwallex or Aspire, separate onboarding | Statrys multi-currency business account, applied for on the same platform (subject to approval) |
| Account Opening Time | Partner-dependent; Sleek cites as little as 48 hours | 96% of clients opened their accounts within 3 business days |
| FX Fees | Partner’s pricing | From 0.1% |
| Cards and ATM | Partner-issued, partner’s terms | Mastercard® physical and virtual cards, usable at ATMs |
| Monthly Fee | None charged by Sleek for the partner account | No monthly fee; HKD 88 inactivity fee if fewer than 5 qualifying outbound payments in a month |
| Regulatory Status | Sleek Hong Kong Limited states it holds TCSP licence TC006483 | Statrys Limited is licensed as a Money Service Operator (No. 19-02-02726) |
| Trustpilot Rating | 4.3 from 3,839 reviews (all markets), October 2026 | 4.9 from 508 reviews, October 2026 |
Sleek's lower foreigner price covers the same legal essentials, but the business account is a separate application with another company, and structural changes are priced by tier.
The Statrys Hong Kong company registration package takes a different approach:
- One package, one price: incorporation with government fees, the company secretary and Designated Representative, and a registered address with mail scanning, all included for the first financial year.
- No second onboarding: help opening a Statrys business account on the same platform, subject to approval, so you can start invoicing clients soon after the company exists.
- Room to grow: once the company is running, you can add Statrys accounting services in the same dashboard, with a dedicated accountant who knows your company.
Statrys has incorporated over 1,600 companies and serves over 10,000 business account clients.
If having audit and profits tax in the same bundle matters more to you than the account, Sleek's Compliance plan is the more direct match.
Our full Statrys vs Sleek comparison goes deeper on both. To weigh more providers before deciding, see our roundup of the best Sleek alternatives in Hong Kong.
FAQs
What Is the Best Sleek Alternative in Hong Kong?
Statrys is the best Sleek alternative in Hong Kong for founders who want their business account on the same platform as their company. Its incorporation package includes the registered address and company secretary for the first financial year, plus a business account application handled in-house rather than referred to a partner. 96% of Statrys clients were able to open their business accounts within 3 business days.
Is Sleek a Bank?
No. Sleek Hong Kong Limited is a corporate service provider. It handles incorporation, company secretary, accounting, and audit coordination, and states that it holds a trust or company service provider (TCSP) licence, number TC006483. You can look it up on the Companies Registry's register of TCSP licensees. Client funds sit with the partner, not with Sleek. Its business account is a referral to Airwallex or Aspire, which Sleek describes as Money Service Operators licensed by Hong Kong Customs and Excise.
How Much Does Sleek Cost in Hong Kong? (Heading level: H3)
Sleek's Hong Kong plans start at HK$6,973 for foreign founders and HK$4,973 for locals on the Starter plan. They rise to HK$15,973 and HK$13,973 for Full Compliance. The headline assumes one shareholder and the Standard company secretary tier. More shareholders, the Premium tier (from HK$3,800 a year) and a registered address for locals (HK$2,000) all raise the total.
Does Sleek Include a Registered Address?
It depends on how you apply. Sleek's foreigner plans include a Hong Kong virtual address and mailroom. Local founders pay HK$2,000 a year to add a registered address, unless they use their own. Every Hong Kong company must have a registered office in Hong Kong, so a founder abroad can't skip this item. If you're comparing packages, check whether the address is included for your own situation, not only on the headline plan.
How Long Does Sleek Take to Register a Hong Kong Company? (Heading level: H3)
For foreign founders, Sleek says a Hong Kong incorporation typically takes 3 to 5 business days from the day it receives your complete KYC documents. The government filing itself is normally done within an hour for electronic submissions. Most of the time goes into document collection and identity checks, especially for directors outside Hong Kong. Opening the business account with Airwallex or Aspire is a separate application, which you can start during onboarding or later, with its own review.
Disclaimer
Statrys competes directly with Sleek 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. Our insights are based on industry experience and information provided on providers’ websites. While we hope you consider our services, our primary goal is to support you in choosing what best fits your needs. For any feedback on this review, please contact us through our website or email us at marketing@statrys.com.
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