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
The problem: Osome's recent comparison guide misquotes our Singapore incorporation pricing for foreign founders as SGD 5,585/year instead of our actual rate of SGD 3,686/year.
The real comparison: SGD 3,686 (Statrys) vs. SGD 3,772 (Osome Fully Compliant). Statrys is SGD 86/year cheaper.
What Osome's guide omits: Osome's starter plan includes a nominee director for only three months (not 12). Their accounting is capped at SGD 30,000 first-year revenue.
Verification: Every figure below is sourced to a live pricing page or published company data, dated 31 August 2026. You can check each one yourself.
I came across Osome's comparison guide published on 27 August 2026, titled "Osome vs Statrys: A Comparison Guide for Business Services in Singapore." I felt it was worth addressing directly because the article fundamentally misrepresents how our services are built, and the pricing that follows doesn't reflect what founders incorporating a company actually pay.
The core issue: Osome priced Statrys at SGD 5,585/year by adding three separate line items together (Corporate Services SGD 2,790 + Nominee Director SGD 1,800 + Accounting SGD 995), instead of quoting our actual bundle price of SGD 3,686/year.
The real comparison is Statrys at SGD 3,686 versus Osome's Fully Compliant plan at SGD 3,772. That's SGD 86 cheaper annually, not SGD 1,813 more expensive, as Osome's inflated price shows.
I work at Statrys, so I'm not a neutral party. That's exactly why everything below is tied to a live pricing page or dated, checkable source, so you can verify the facts for yourself.
What Osome Got Wrong About Statrys
What Osome claimed:
Look at this part:
"Osome is a corporate services platform where incorporation, secretarial support, and accounting sit under one roof. Statrys is built around its multi-currency business account, with incorporation and accounting offered as separate products alongside it."
That statement is simply incorrect. At Statrys, our Singapore incorporation package already includes accounting. We don't sell them as separate products.
The Math Behind the Mistake
Osome added our three service prices as if they were separate items. We bundle all three into one package called the Singapore Company Incorporation Service.
Here's what they added together:
- Corporate Services: SGD 2,790
- Nominee Director add-on: SGD 1,800
- Entry-level accounting: SGD 995
- Total they show: SGD 5,585
Above: Osome's pricing table with Statrys listed at SGD 5,585.
Below: Statrys's actual pricing page showing SGD 3,686.
Inside the Statrys Bundle
To show you exactly what you're getting, here's the full breakdown of what's included in our Singapore Company Incorporation Service for Foreigners:
| Component | Price |
|---|---|
| Company incorporation (ACRA fees, name check, business profile setup) | SGD 315 |
| Company secretary, AGM services, annual return filing (+ SGD 60 ACRA fee) | SGD 665 |
| Nominee director (12 months, no security deposit) | SGD 1,800 |
| Registered business address, virtual mailroom, documents portal | SGD 320 |
| Accounting (bookkeeping, unaudited financials, IRAS tax filing) | SGD 995 |
| Bundle total | SGD 4,095 |
| Promotional discount | (SGD 409) |
| Current price | SGD 3,686 |
Our bundle at Statrys costs SGD 3,686 for incorporation, secretary, AGM services, annual return filing, 12-month nominee director, registered address, and accounting.
Osome's Fully Compliant plan costs SGD 3,772 and includes 12-month nominee director, incorporation, secretarial services, accounting, GST filing, and payroll. That's SGD 86 more expensive.
Three Important Details Osome Left Out
Osome's guide leaves out three details that matter when you're evaluating providers. Here's what I found:
1. Osome’s Cheapest Plan’s Nominee Director Only Lasts Three Months
Osome's Starter plan (from SGD 2,438) includes a nominee director. For three months. Singapore law requires a company to have at least one director who is ordinarily resident in Singapore, so if you're a foreign founder without an eligible local co-director, you need their Fully Compliant plan at SGD 3,772 (55% more than the headline Starter price). Their guide doesn't mention this when showing the lower number.
2. Osome’s Accounting Price Isn’t Really Fixed
Osome bundles accounting into their incorporation plans, capped at SGD 30,000 expected first-year revenue. Their own pricing page says if you exceed (or fall short of) that, they'll "invoice you for the difference or credit your account." So the "from SGD 898" or "from SGD 3,772" prices you see aren't fixed if your business grows faster than expected. This cost variable isn't flagged anywhere in the comparison.
3. Osome’s Homepage and Trustpilot Show Different Ratings
Osome's homepage displays a 4.2 out of 5 rating from Google Reviews (1,012 reviews, 92% recommend). Trustpilot shows 3.3 out of 5 from 666 reviews. A real difference to factor in because the difference in scores is quite drastic, while the number of reviews is high on both platforms.
The Real Numbers, Side by Side
You're a foreign founder. You want incorporation, a nominee director, and accounting handled. Here's what you'd actually pay:
| Feature | Osome (Fully Compliant) | Statrys (Incorporation for Foreigners) |
|---|---|---|
| Annual price | SGD 3,772 | SGD 3,686 |
| Nominee director | 12 months, no deposit | 12 months, no deposit |
| Secretary & registered address | Included | Included, with virtual mailroom |
| Accounting | Included, capped at SGD 30,000 revenue | Included, no revenue cap |
| Business account | Not offered; banking introductions | Free multi-currency account (11 currencies) |
Statrys: Pricing Designed for Foreign Founders
We built the Incorporation Service for Foreigners package because most foreign founders asking us about Singapore want the same short list handled at once: a compliant entity, a resident director they don't have to source themselves, and a place to actually hold and move money from day one. It bundles incorporation, the nominee director, secretary services, and accounting into a single price. That's why breaking it into three separate add-ons doesn't reflect what a foreign founder actually pays.
None of this is an argument that this package is the right one for you. Only you can weigh that against what you need. The point of this article is narrower: the number you compare it against should be the real one.
FAQs
Why does Osome's guide describe Statrys as built around a business account with separate products?
That's not accurate. We're built around bundled packages for specific buyer scenarios. The Singapore Company Incorporation Service for Foreigners is one bundle that includes incorporation, nominee director, secretary services, accounting, and a free business account. All for a single price.
What does Statrys's incorporation package for foreign founders actually include?
Company incorporation and ACRA filing, company secretary and AGM services, annual return filing with the SGD 60 ACRA government fee, a registered address and virtual mailroom, an appointed nominee director with no security deposit, and a full accounting package covering bookkeeping, unaudited financial statements, and tax filing with IRAS. It's priced at SGD 3,686/year.
Why did Osome price Statrys at SGD 5,585 instead of SGD 3,686?
They added three separate Statrys list prices instead of pricing the single bundle we actually sell for that buyer. Our Corporate Services package (SGD 2,790), standalone Nominee Director add-on (SGD 1,800), and entry-level accounting (SGD 995) add up to SGD 5,585, but that's not how a foreign founder buys from us. The bundled package that covers all three is SGD 3,686/year.
Does Osome's Starter plan give you a full year of nominee director cover?
No. The Starter plan includes a nominee director for three months only. Singapore law requires a company to have at least one director who is ordinarily resident in Singapore, so a foreign founder without an eligible local co-director needs Osome's Fully Compliant plan (SGD 3,772) for 12 months of cover.
Are Osome's advertised accounting prices fixed for the whole year?
Only up to SGD 30,000 in expected first-year revenue. Osome's own pricing page states that if actual revenue exceeds (or falls below) that threshold, they'll invoice the difference or credit the account. The headline prices shown in their comparison don't account for this.
Is Osome's 4.2-star rating accurate?
Osome's homepage displays a 4.2 out of 5 rating from Google Reviews (1,012 reviews, 92% recommend). Trustpilot shows 3.3 out of 5 from 666 reviews. Both are real ratings from different sources, but they don't match. Neither appears in their comparison guide.
