Written by Sneha Patwari, Corporate Secretary Lead
I've guided hundreds of founders through the incorporation process across Hong Kong and Singapore. The questions are always different; the mistakes are usually the same. I write to help people avoid them.
Key Takeaways
Choose Statrys if you want incorporation, a native multi-currency account, and pay-per-use accounting under one login, with no add-ons to track.
Choose Sleek if you'd rather start with a lower upfront price and add services through tiered plans as you grow.
The deciding factor is usually your accounting fee preference: pay-per-use (Statrys) vs a fixed annual plan (Sleek). This matters more than the headline incorporation price, since it's the cost you'll carry every year after.
Starting a business in Hong Kong? You might be deciding between Statrys and Sleek to help you get everything set up. On the surface, both offer digital company incorporation services, but once you look closer, pricing, features, and support work quite differently.
In this guide, we’ll help you compare the two and see which option may better fit your needs.
Disclaimer: All information is accurate as of 18 August 2026, but may have changed since. For the latest details and promotions, please visit each provider’s website directly.
What Should You Compare Before You Choose?
Both providers sell incorporation and accounting, so a fair comparison means checking the same four things for each:
- Registered address: is it included, or a paid add-on?
- Pricing structure: one flat package, or a tiered plan with optional extras?
- Accounting fee model: pay-per-use based on your actual transaction volume, or a fixed annual fee regardless of activity?
- Business account: a native account on the same platform, or a referral to a separate third-party provider?
Which Should You Choose?
| If Your Priority Is… | Better Fit |
|---|---|
| One All-in-One Package, Nothing to Bolt on Later | Statrys |
| Lower Entry Price, Customise with Add-Ons Over Time | Sleek |
| Accounting Fees That Scale with Your Actual Activity | Statrys |
| A Fixed Annual Accounting/Audit Fee You Can Budget for Upfront | Sleek |
| A Native Business Account Bundled with Incorporation | Statrys |
Verified Credentials
| Company | Licence |
|---|---|
| Statrys | Money Service Operator, Licence No. 19-02-02726; TCSP Licence No. TC008677 |
| Sleek | TCSP Licence No. TC006483 |
Key Service & Pricing Comparison
Both Statrys and Sleek charge a setup fee for incorporation that covers the service, government fees, and first-year company secretary.
The key difference is what's included: Statrys bundles the registered address (a legal requirement to incorporate) into its package; Sleek sells it as an add-on unless you're incorporating as a foreigner.
| Service | Statrys | Sleek |
|---|---|---|
| Pricing | HKD 7,875 (promo to 31 Aug; standard HKD 8,750) | Starter HKD 4,973 Compliance HKD 10,473 Full Compliance HKD 12,428 (local-incorporation tier; foreign-incorporation tier is HKD 6,973 / HKD 12,473 / HKD 14,428) |
| Government Fees | Included | Included |
| Registered Address | Included (1 year) | Add-on, HKD 2,000/year (locals); included for foreign incorporation |
| Company Secretary | Included (1 year) | Included in every tier |
| Accounting | From HKD 891/month, pay-per-use | Bundled from Compliance tier up; standalone from HKD 3,500/year |
| Business Account | Native multi-currency account on the same platform | Referral to a third-party partner (separate application) |
Statrys suits founders who want everything running from day one without switching plans as the business grows. Because accounting is billed on actual usage, costs stay predictable for lean teams. Sleek suits founders who already have a registered address sorted and are comfortable reviewing tiered plans as their needs change.
Curious what you'd actually pay at each tier with Sleek? Read our Sleek Compliance Plan review and the Sleek Full Compliance Plan review for the full breakdown.
Registration Process Comparison
| Feature | Statrys | Sleek |
|---|---|---|
| Remote Process | Yes | Yes |
| Information Required | Name, phone, shareholder count, business activity | Name, email, shareholder count |
| Time to Complete Application | Within 3 minutes | Within 10 minutes |
| Approval Time | Within 5 business days | 3 to 5 business days |
Statrys and Sleek offer a remote-friendly registration process with comparable approval times.
The difference lies in the application experience. Statrys keeps the sign-up process more streamlined, with fewer steps and less information to review upfront.
Sleek's flow includes multiple packages and add-on choices upfront, which can take longer to review for founders unfamiliar with what's actually required in Hong Kong. For new founders unfamiliar with Hong Kong’s incorporation requirements, it may take more time to review and understand which services are essential versus optional. This added step could lead to delays in completing the registration process or uncertainty about what’s truly required.
Relevant: We tested Sleek’s onboarding process to see how pricing actually works and what changes during signup.
Customer Support Comparison
| Detail | Statrys | Sleek |
|---|---|---|
| Channels | Phone, chat, email, WeChat, WhatsApp | Phone, email, WhatsApp, contact form |
| Hours | 10am–7pm HKT, Mon–Fri | 9am–6pm HKT, Mon–Fri |
Customer support is similar across working hours and contact channels (both offline and online channels) for both Statrys and Sleek.
To better assess service quality, we will look at customer feedback in the next section.
User Reviews & Ratings
| Rating and reviews | Statrys | Sleek |
|---|---|---|
| Trustpilot score | 4.8/5 (472 reviews) | 4.3/5 (3,817 reviews) |
| Common praise |
Smooth onboarding Responsive customer support Convenient all-in-one setup for payments, incorporation, and accounting |
Good value for money in the first year, especially compared to traditional firms Convenience of bundled services |
| Common complaints | Delays because of strict compliance checks | Delays in compliance filings, sometimes close to statutory deadlines |
Sleek has a far larger review base, reflecting broader usage across business stages; Statrys has fewer reviews with a higher average score. Common praise for Statrys centres on onboarding and support; for Sleek, on first-year value and bundled services. A common complaint between the two is delays tied to compliance checks or filing deadlines.
Conclusion
Both are legitimate options for setting up a Hong Kong company. Statrys fits founders who want incorporation, a business account, and accounting under one login with usage-based fees. Sleek fits founders who want a lower entry price and are comfortable managing tiered add-ons. The accounting fee model (pay-per-use vs fixed annual) usually matters more long-term than the headline incorporation price.
Was this article helpful?
Yes
No
FAQs
Can foreigners register a company in Hong Kong?
Yes. Hong Kong allows 100% foreign ownership for private limited companies, with no local shareholders or directors required.
How much does it cost to incorporate with Statrys and Sleek?
Statrys charges HKD 7,875 (promo to 31 August 2026; standard HKD 8,750), including government fees, first-year company secretary, and registered address. Sleek's local-incorporation tiers are Starter (HKD 4,973), Compliance (HKD 10,473), and Full Compliance (HKD 13,973, HKD 12,428 promo). Foreign founders pay a higher rate at every tier. A registered address is a HKD 2,000/year add-on outside the foreign-incorporation packages.
What documents do I need to set up a Hong Kong company?
Identity and address proof for all directors and shareholders, plus your proposed company name and business details. Both providers guide you through the full document list during onboarding.
What’s the difference between Sleek and Statrys?
Statrys sells one incorporation package that includes filings, a registered address, and a native business account, with accounting billed on actual transaction volume. Sleek sells tiered packages that bundle incorporation with accounting, audit, and tax, depending on the tier, and refers clients to a partner for banking.
Can I use Statrys and Sleek together?
Yes, some founders do, using Sleek (or another provider) for incorporation and company secretary work, then opening a Statrys business account separately for multi-currency payments and cards. If your only gap is the account and payments layer, that's a reasonable split; if you want one login for everything, one provider is simpler.
Disclaimer
Statrys provides company registration services in Hong Kong and competes directly with Sleek. If you have feedback on this comparison, contact marketing@statrys.com.
Share this content
