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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.

Last reviewed by July 2026.

Key Takeaways

HeySara's foreigner incorporation package is advertised from SGD 3,188 as of July 2026, marked "limited time only" against a listed price of SGD 5,388. Statrys recorded a SGD 3,888 quote in April 2026, and the advertised figure has moved several times this year, so treat any quote as promotional and confirm terms before you budget around it.

The nominee director is the real recurring cost, not the incorporation fee. Renewal alone typically runs SGD 2,000 or more a year, on top of whatever accounting and secretarial fees apply, regardless of which provider you use.

HeySara doesn't run a public Trustpilot profile. Its visible review evidence is a self-selected testimonials page and a Trustindex listing, which is a thinner third-party signal than most SG incorporation providers offer.

If your next question after incorporating is how to actually get paid, HeySara introduces you to partner institutions such as OCBC, UOB, Aspire, and Wise, but approval and timeline sit with the account provider, not HeySara.

Introduction

Most people who search for a HeySara review aren't comparing ten providers from a blank page. They've usually already got a quote, or a call scheduled, and want to sanity-check one number: is SGD 3,188 a fair price for what's actually included, and what happens to that number in year two once the nominee director renews?

This review focuses on HeySara's Singapore foreigner package specifically, since that's where the terms differ most from what a Singapore citizen or PR would pay, and where the nominee director, nationality restrictions, and KYC requirements actually matter. What works for a local founder registering their own company doesn't apply if you're incorporating remotely from the UK, Europe, or elsewhere in Asia.

Statrys competes with HeySara in the Singapore incorporation market, so this comparison isn't neutral. What follows is sourced from HeySara's published pricing and services pages, Statrys' own outreach to HeySara's business development team as part of a 2026 review of 10 Singapore incorporation providers, and independent review platforms. Every figure below is dated, and we say plainly where something couldn't be confirmed.

This guide is based on research conducted in July 2026, including a review of HeySara's official pricing and services pages, direct correspondence with HeySara's team gathered as part of Statrys' broader 2026 market research, and publicly available reviews on Trustindex and HeySara's own site. All competitor data is sourced and dated.

Is HeySara Right for You?

Good fit if you:

  • Want a single incorporation package that bundles the nominee director, registered address, and corporate secretary without being forced into a full accounting engagement
  • Are comfortable with a nominee director whose role is limited to statutory filings, with bank document signing only where separately agreed between the parties, and no operational involvement
  • Are comparing providers mainly on year-one price and plan to verify year-two renewal costs yourself

Not a good fit if you:

  • Want your business account handled by the same provider as your incorporation. HeySara introduces you to partner banks and fintechs rather than providing an account itself, and can't guarantee approval or timeline
  • Want to avoid a security deposit. HeySara's current pricing page lists an additional SGD 1,500 security deposit for the nominee director, waived only if you select its monthly bookkeeping plan, which matches what HeySara's team confirmed to Statrys directly in April 2026
  • Have a corporate shareholder structure. HeySara's KYC requirements for corporate shareholders include certified or notarised incorporation documents, a UBO passport and address proof, and a business plan, which was the most extensive document request among the 10 providers Statrys compared in 2026

HeySara Fees and Packages

Package Year-1 fee What's included Notes
Singapore citizens / PR From SGD 698/year ACRA incorporation, 1-year digital corporate secretary, government fees No nominee director needed
Foreigners From SGD 3,188/year ACRA incorporation, 1-year digital corporate secretary, registered address, nominee director service, government fees Promotional rate; down from SGD 3,888 in April 2026
Nominee director renewal From SGD 2,200/year Passive nominee director, signs statutory filings; bank document signing subject to a separate agreement between the parties The main year-2 cost most quotes don't lead with
Bank account assistance Included (no fee, per HeySara's site) Introduction to partner institutions including OCBC, UOB, and Aspire Referral only; approval and timeline not guaranteed

Source: HeySara's company incorporation pricing page, checked July 2026, cross-checked against Statrys' direct correspondence with HeySara's business development team, April 2026.

Note that HeySara displays the promotional price alongside "+ monthly bookkeeping from SGD 100/month", and the nominee director deposit waiver runs through that same bookkeeping plan, so ask directly whether the SGD 3,188 rate is conditional on taking bookkeeping before you budget around it.

What we found comparing pricing (July 2026): HeySara's advertised foreigner price moves around. Statrys recorded SGD 3,888 in April 2026; by July the advertised offer was SGD 3,188, marked "limited time only" against a listed SGD 5,388, and third-party snapshots from earlier in 2026 recorded different figures again. Confirm the current terms directly before you budget around any quoted number.

HeySara Features

Nominee Director Service

HeySara's nominee director is passive: no bank account access, no involvement in business decisions.

Per Statrys' April 2026 correspondence with HeySara's team, HeySara's nominee will sign bank account application forms, which is broader than some competitors in the market who explicitly won't. HeySara is also one of only a few providers in Statrys' 2026 comparison set that lets clients choose between an in-house or external nominee director, backed by a signed indemnity agreement.

Registered Address and Corporate Secretary

The foreigner package includes a digital corporate secretary for the first year and a local registered address, both statutory requirements for a Singapore private limited company.

Accounting Bundling

HeySara runs a two-tier structure here, stated on its own pricing page: take the nominee director without the monthly bookkeeping plan, and you pay a SGD 1,500 security deposit. Select the bookkeeping plan, and the deposit is waived. That's a real trade-off, not a free choice, since it locks your accounting provider to HeySara if you want to avoid tying up SGD 1,500.

Banking Assistance

HeySara introduces you to its partner institutions, which include OCBC, UOB, Aspire, Airwallex, Green Link Digital Bank, Anext Bank, CIMB, Paystreet, and Wise, and its site states this assistance carries no associated fees. It remains a referral rather than an end-to-end managed application, and approval timelines for foreign-owned entities at traditional banks in Singapore commonly run 4 to 8 weeks, with no guarantee of the outcome.

KYC Requirements

For individual applicants, HeySara asks for a certified or notarised passport and address proof. For a corporate shareholder structure, the list extends to a Certificate of Incumbency, Certificate of Incorporation, group chart, register of members and directors, an authorisation letter, and, notably, a business plan.

Per Statrys' 2026 review of 10 Singapore incorporation providers, this was the most extensive document request in the set.

The Company Incorporation Process

To incorporate a Singapore private limited company, you need at least one locally resident director (satisfied through the nominee director service), one shareholder, a local registered address, a corporate secretary appointed within six months, and a minimum paid-up capital of SGD 1, per ACRA's incorporation requirements.

HeySara's process runs through name approval, KYC document submission, preparation of incorporation documents, digital signing, and submission to ACRA, ending in UEN issuance. HeySara's website states most companies are incorporated within 1 to 2 business days once documents are complete and verified.

In Statrys' direct correspondence with HeySara's team in April 2026, the confirmed timeline for a corporate-shareholder structure was 5 to 7 working days, longer than the headline figure, most likely reflecting the heavier KYC load for foreign and corporate structures. Treat the 1 to 2 day figure as the best case, not the typical one, if your structure involves a corporate shareholder.

What Real Users Say

HeySara doesn't appear to run a public Trustpilot profile as of July 2026; a direct check of Trustpilot's standard review URL for the domain returned a page-not-found result.

Its visible review evidence comes from two sources: its own testimonials page, which names individual staff members (Kylle, Shin Yee, Xinyi, and others) and is entirely positive, since it's self-selected by the company; and a listing on the third-party aggregator Trustindex, where reviews we could directly confirm were dated as recently as May 2026, consistent with an actively used service. We could not independently verify the full aggregate Trustindex score during this review, so treat any headline star rating you see elsewhere as unconfirmed until you check the live listing yourself.

The two sources tell different stories. HeySara's own testimonials page is uniformly positive, as self-selected pages are, with clients consistently naming specific staff and describing a responsive, relationship-driven service. The Trustindex listing is more mixed: it carries the same staff-naming positive reviews alongside negative ones citing upselling and unexpected charges, so read both sides before weighing it.

HeySara vs Statrys

We run the same service in Singapore, so this comparison isn't neutral, but every figure below is sourced and dated.

Dimension HeySara Statrys
Foreigner incorporation, year 1 From SGD 3,188 (heysara.sg, July 2026) SGD 3,686 discounted / SGD 4,095 full price (statrys.com, July 2026)
Nominee director deposit SGD 1,500, waived if the monthly bookkeeping plan is selected (per April 2026 correspondence) None
Business account Free referral to partner banks and fintechs, no guarantee of approval Included: multi-currency account, 11 currencies, built by Statrys directly
Accounting Optional; skipping it triggers the SGD 1,500 nominee director deposit Included, no bundling condition

The gap that matters most for a foreign founder isn't the incorporation fee. It's what happens after ACRA approves your company. HeySara hands you off to a partner bank or fintech with no guarantee of approval. Statrys is the incorporation provider and the business account in the same platform, with zero nominee director deposit and FX fees from 0.1%.

For businesses whose next question after incorporating is how to actually get paid, Statrys is the straightforward alternative: the incorporation provider and the business account in one platform, with zero nominee director deposit and a multi-currency account supporting 11 currencies from day one. Over 1,600 companies have incorporated through Statrys, and 96% of clients opened their accounts within 3 business days.

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FAQs

Is HeySara legit?

Yes. HeySara is a registered Singapore corporate services provider offering incorporation, nominee director, corporate secretarial, and accounting services. It has an active service history, a named team, and a visible client base, though it doesn't maintain a public Trustpilot profile, which is worth checking directly if third-party validation matters to your decision.

Is HeySara a bank?

No. HeySara is a corporate services provider, not a bank. It doesn't hold funds or provide a business account directly. For a business account, it introduces clients to partner institutions including OCBC, UOB, Aspire, Airwallex, and Wise. HeySara's site states this assistance carries no associated fees, but approval and timeline remain at the account provider's discretion.

How much does HeySara cost for foreigners?

HeySara's foreigner incorporation package starts from SGD 3,188 a year as of July 2026, covering ACRA registration, a digital corporate secretary, registered address, and nominee director service. Budget for nominee director renewal at SGD 2,200 or more from year two, on top of any accounting or secretarial fees.

Does HeySara require a security deposit?

Yes. HeySara's current pricing page lists an additional SGD 1,500 security deposit for its nominee director service, waived if you select its monthly bookkeeping plan. This matches what HeySara's team confirmed to Statrys directly in April 2026.

What's the best HeySara alternative in Singapore?

The best alternative to HeySara in Singapore is Statrys, which combines incorporation and a multi-currency business account in one platform with zero nominee director deposit. Unlike HeySara, Statrys doesn't refer you elsewhere for a business account, since the account is built in-house.

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