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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

Sleek's cheapest plan ("Starter," from SGD 2,250) undercuts Osome's cheapest plan ("Starter," from SGD 2,438) by SGD 188, but both bundle a nominee director for only 3 months against a legal requirement that runs continuously.

For a full 12 months of nominee director cover, Sleek's "Full Compliance" plan (SGD 3,650 promotional) is still cheaper than Osome's "Fully Compliant" plan (SGD 3,772) — the more realistic comparison for most foreign founders.

Sleek publishes a standalone nominee director renewal rate (SGD 2,000/year) that applies after a package's included term ends. Osome does not publish one anywhere on its public pricing pages.

Sleek bundles a free multi-currency business account (subject to approval) with every incorporation plan, operating it under its own MAS Major Payment Institution licence. Osome only introduces founders to third-party partners (Airwallex, Aspire, WorldFirst) and is explicit that approval isn't guaranteed.

Sleek's pricing cards state SGD 375 in bundled government fees, but ACRA's actual fee is SGD 315. Osome's stated government fees (SGD 315 incorporation + SGD 60 annual return) match ACRA's published schedule exactly.

Independent reviews favour Sleek: 3.9/5 from 3,706 Trustpilot reviews, versus Osome's 3.4/5 from 664, though both trail their own self-reported homepage ratings.

Which Provider Actually Costs Less?

If you're a foreign founder comparing Osome and Sleek for Singapore incorporation, the headline prices look close enough to not matter: SGD 2,438 versus SGD 2,250. Look at what each price actually buys, and the gap that matters isn't between the two providers' cheapest plans. It's between either provider's cheapest plan and what a foreign founder without a Singapore-resident co-director actually needs for a full first year.

Both companies structure their pricing the same way: a low "Starter" headline price that includes a nominee director for 3 months, and a higher-tier plan that includes the full 12 months most foreign founders actually require. We noticed that once you compare the plans that actually cover a realistic first year, rather than the cheapest headline numbers, Sleek is still the lower-priced option, but only by SGD 122, not the SGD 188 gap the headline prices suggest.

This comparison is based on both companies' own published Singapore pricing pages, re-verified live in July 2026, plus independent reviews on Trustpilot. All figures below are sourced and dated.

✅ Good fit for Osome: founders who want government fees that match ACRA's schedule exactly with no discrepancy, and who are comfortable with accounting priced by a revenue band that adjusts at year-end.

✅ Good fit for Sleek: founders who want a bundled business account included from day one, and who want to see the exact renewal cost of a nominee director published upfront rather than revealed at checkout.

Fees Compared

Both companies sell three incorporation packages for foreign founders. Pulled directly from Osome's Singapore pricing page and Sleek's Singapore pricing page, re-verified live in July 2026:

Plan Tier Osome (From) Sleek (From, Promo) Nominee Director Included
Starter SGD 2,438 SGD 2,250 3 months (both)
Full Compliance Tier SGD 3,772 SGD 3,650 12 months (both)
Full Compliance + Visa SGD 3,822 SGD 3,838 6 months + Employment Pass application (both)

Osome's add-ons include a Letter of Consent (SGD 400, for Dependant's Pass or Long-Term Visit Pass holders who need work authorisation) and a Dependant's Pass application (SGD 550). Neither is listed as a standalone add-on on Sleek's public pricing page, so a founder who needs one should confirm directly with Sleek before assuming price parity there.

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The Business Account Difference

Sleek bundles a "Sleek Business Account" (a multi-currency account, subject to approval) into every incorporation plan at no extra cost, operating it under its own Monetary Authority of Singapore Major Payment Institution licence (No. PS20200521).

Osome instead introduces founders to third-party banking partners (Airwallex, Aspire, WorldFirst) and states plainly that approval is never guaranteed and is entirely up to the bank. If having one account ready at incorporation matters to you, that's a structural difference, not just a pricing one.

The Nominee Director Renewal Gap

Sleek publishes a standalone nominee director renewal rate of SGD 2,000/year once a package's included term ends, with the condition that clients renewing must also hold a Sleek accounting subscription.

Osome doesn't publish an equivalent renewal rate anywhere on its public pages. Its nominee director page routes back to the same three incorporation bundles, and add-on pricing is only shown at checkout or inside an Osome account. If you're budgeting past year one, Sleek is the more transparent of the two on this specific point.

The Government Fee Discrepancy

Sleek's pricing cards state that each plan includes SGD 375 in government fees. ACRA's actual published fee is SGD 315 (SGD 15 name application plus SGD 300 registration). That's an SGD 60 gap Sleek's own pricing page doesn't explain.

Osome's stated government fees (SGD 315 incorporation, SGD 60 annual return) match ACRA's schedule exactly, with no discrepancy.

Independent Reviews Compared

Provider Osome Sleek
Trustpilot Score 3.4/5 3.9/5
Review Count 664 3,706
Self-Reported Homepage Rating 4.2/5 (1,012 reviews), 92% recommend 4.5/5 (Google Reviews), 96% satisfaction (16,000+ responses)

Both companies' Trustpilot scores sit below their own self-reported homepage figures, a pattern common across this provider category, not unique to either. Sleek's larger review volume gives its 3.9/5 more statistical weight than Osome's 3.4/5 from a smaller sample. A recurring theme in Sleek's lower-rated reviews is slow response times on time-sensitive compliance requests. We found a specific example still live on Trustpilot as of this run, matching one already documented in Statrys' standalone Sleek review.

Neither company's Trustpilot profile is Singapore-specific, and both aggregate reviews across every market the company operates in.

Which One Should You Choose?

Neither provider is a bad choice, and the honest answer depends on what you're optimising for:

  • Lowest realistic first-year cost with a full 12-month nominee director: Sleek's Full Compliance plan (SGD 3,650) beats Osome's Fully Compliant plan (SGD 3,772) by SGD 122.
  • Government fees that match ACRA exactly, with no discrepancy to double-check: Osome.
  • A business account bundled in from day one, not just an introduction: Sleek.
  • Knowing your nominee director renewal cost before you sign up, not at checkout: Sleek.
  • More independent reviews to weigh, with a higher aggregate score: Sleek, by a meaningful margin (3.9/5 from 3,706 vs. 3.4/5 from 664).

On balance, Sleek comes out ahead on more of these points than Osome does, largely because it publishes more of its own pricing and bundles more into the incorporation package upfront. That doesn't make Osome the wrong choice for a founder who specifically values its exact ACRA fee match or its revenue-based accounting structure over Sleek's flat bundle.

Where Both Fall Short

Both providers cap or gate a piece of what a growing company actually needs. Osome caps its bundled accounting at SGD 30,000 in expected first-year revenue and invoices the difference if you clear that threshold, an amount it doesn't quantify upfront. Sleek's public pricing doesn't mention an equivalent revenue-based cap, but it also doesn't publish what its accounting or corporate secretary renewal costs are from year two onward. Both require an accompanying accounting subscription to keep a nominee director in place past the included term.

If you'd rather not plan around either of those structures, it's worth looking at Statrys' Singapore incorporation service directly. Statrys charges SGD 3,686 for the first year (promotional, 10% off the full price of SGD 4,095), inclusive of government fees, with a no-deposit nominee director arrangement to meet the resident director requirement for a full year, not a 3-month teaser. Statrys prices ongoing accounting by actual transaction volume rather than a fixed first-year revenue band with a year-end true-up, and includes a genuine multi-currency business account (11 currencies) as part of the package, not a third-party introduction subject to a separate bank's approval.

Statrys is regulated by the Monetary Authority of Singapore as a Major Payment Institution, with a dedicated account manager, a roughly 5-day setup, and a 30-day money-back guarantee.

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FAQs

Which is cheaper, Osome or Sleek, for Singapore incorporation?

On headline price, Sleek's Starter plan (from SGD 2,250) is SGD 188 cheaper than Osome's Starter plan (from SGD 2,438). On a realistic full year of nominee director cover, Sleek's Full Compliance plan (SGD 3,650) is still cheaper than Osome's Fully Compliant plan (SGD 3,772), by SGD 122.

Does Osome or Sleek include a full year of nominee director cover in their cheapest plan?

Neither does. Both companies' cheapest plans include a nominee director for 3 months only, even though Singapore law requires a resident director continuously. Both offer a higher tier with a full 12 months included: Osome's Fully Compliant plan (SGD 3,772) and Sleek's Full Compliance plan (SGD 3,650).

Which has better independent reviews, Osome or Sleek?

Sleek, on both score and volume: 3.9/5 from 3,706 Trustpilot reviews, versus Osome's 3.4/5 from 664. Neither company's Trustpilot profile is specific to its Singapore operations.

Do Osome and Sleek both include a business bank account?

Sleek bundles its own multi-currency business account (subject to approval) into every plan, operated under its own MAS licence. Osome introduces founders to third-party banking partners instead and is explicit that it can't guarantee approval for any of them.

Is there a cheaper alternative to both Osome and Sleek for Singapore incorporation?

Statrys' Singapore incorporation package is priced at SGD 3,686 for the first year (promotional), which sits between the two companies' Starter and full-compliance tiers, but includes a full-year nominee director arrangement, a genuine multi-currency business account, and transaction-based (not revenue-banded) accounting.

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