
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 headline price (SGD 2,250) undercuts Statrys' SGD 3,686, but only includes a nominee director for 3 months; comparing full-year plans, the two are within SGD 36 of each other.
Statrys' business account is natively multi-currency (11 currencies, local rails in 13 countries); Sleek's account also holds multiple currencies, but a broader set and higher yield require a separate Aspire sign-up.
Statrys prices accounting by actual transaction volume; Sleek bundles it free for year one, then charges by monthly expenses from year two.
Statrys holds a higher Trustpilot score (4.8/5 vs. 3.9/5), while Sleek has a much larger review base (3,708 vs. 440 reviews).
Statrys provides company incorporation and accounting services in Singapore and competes directly with Sleek. This comparison is based on Sleek's own published pricing and Statrys' own published pricing, both re-verified live in July 2026. We're one of the two companies being compared here, so judge the numbers for yourself. We let them speak for themselves rather than lean on the framing.
Quick Take: Which One Should You Use?
Choose Statrys if:
- You want incorporation, a nominee director, a business account, and accounting handled on one platform from day one.
- You'd rather pay for accounting based on actual transaction volume than a fixed plan tier.
- You want a full year of nominee director cover included in the incorporation price, not a 3-month starter tier.
Choose Sleek if:
- You want the lowest possible headline price to get started, and you're comfortable extending the nominee director separately later.
- You prefer tiered plans with add-ons you can pick individually.
- You want a specific, published number for nominee director renewal before you sign up.
Fees Compared
Both companies' Singapore incorporation pricing, re-verified live in July 2026:
| Plan / Tier | Statrys | Sleek |
|---|---|---|
| Entry Price | SGD 3,686 (promotional, 10% off SGD 4,095) | Starter: SGD 2,250 (promo) / SGD 2,600 full |
| Full-Year Nominee Director Tier | Same price, included by default | Full Compliance: SGD 3,650 (promo) / SGD 4,000 full |
| Visa-Inclusive Tier | Available as an add-on via Statrys' Employment Pass support | Full Compliance + Visa: SGD 3,838 (promo) / SGD 4,188 full |
| Government Fees | Included | Stated as SGD 375 (SGD 315 incorporation fee + SGD 60 annual return filing fee, both ACRA charges) |
Statrys' incorporation price includes a full year of nominee director cover by default, so the more direct comparison isn't Statrys versus Sleek's Starter plan, but Statrys versus Sleek's Full Compliance plan, the tier that actually matches what most foreign founders need for a genuine first year. On that comparison, Sleek is cheaper by SGD 36, functionally a tie once currency rounding is considered.
Government Fee Accuracy
Sleek's pricing cards state SGD 375 in bundled government fees. ACRA's incorporation-only fee is SGD 315 (SGD 15 name application plus SGD 300 registration); the additional SGD 60 corresponds to ACRA's separate annual return filing fee, which Sleek's own package details list as a distinct line item alongside the SGD 315 registration fee.
Statrys' incorporation price includes government fees without a separate stated breakdown to double-check against ACRA's schedule; if exact fee transparency matters most to you, verify this line item directly with either provider before signing.
Business Account Compared
Both companies describe their business account as free and bundled with incorporation. Look past that description, and the two accounts aren't equivalent products.
What Statrys' Account Actually Includes
Statrys' business account is natively multi-currency: one account, one account number, 11 currencies (EUR, USD, GBP, CAD, CHF, SGD, HKD, CNH, AUD, NZD, JPY), all under Statrys' own MAS Major Payment Institution licence.
It includes local payment rails in 13 countries (faster and cheaper than SWIFT), alongside SWIFT coverage to 120+ countries, real-time payment tracking with MT103 on demand, FX priced from 0.1% above real-time mid-market rates (refreshed every 60 seconds) with a dedicated trade desk and hedging tools, maker-checker account permissions, and native Xero integration, all under one login.
What Sleek's Free Account Actually Includes
Sleek's own dedicated business-account page describes the free account as natively multi-currency: it supports SGD plus 11 other currencies (12 total), with FX conversion between them priced from 0.2%, alongside local FAST transfers and SWIFT.
Sleek separately promotes a partnership with Aspire for founders who need a broader currency set (30+), higher-yield idle cash (up to 3.45% p.a.), or more advanced multi-user spend controls, but basic multi-currency holding and card issuance are already part of the free Sleek account itself.
For a broader currency set, higher-yield idle cash, and more advanced multi-user spend controls, Sleek's own page directs customers to a separate partner platform, Aspire, with its own priority onboarding and its own account relationship. Sleek's own comparison table on that page attributes 30+ currencies in one dashboard and up to 3.45% p.a. yield specifically to the Aspire partnership, separate from the free Sleek account, while listing Visa virtual cards as a feature of the Sleek Business Account itself.
Funds in the Sleek account itself are safeguarded at DBS Bank under Sleek's own MAS MPI licence, a comparable regulatory footing to Statrys, just a narrower native feature set.
| Feature | Statrys | Sleek | Sleek + Aspire (Separate Sign-Up) |
|---|---|---|---|
| Multi-Currency | 11 currencies natively | SGD-focused (FAST + SWIFT) | 30+ currencies |
| Local Payment Rails | 13 countries + SWIFT (120+) | FAST (Singapore only) | Not specified on Sleek's page |
| Cards | Mastercard®, physical + virtual (currently available only to Hong Kong accounts) | Visa virtual cards, issued directly | Unlimited virtual cards, granular spend controls |
| FX Pricing | From 0.1%, real-time rates, hedging tools | From 0.2%, native conversion across supported currencies | Separate relationship and pricing |
The practical difference: getting a multi-currency business account and FX management alongside a Singapore entity means one relationship with Statrys, or potentially three with Sleek's stack (Sleek's own account, a separate Aspire sign-up for a broader currency set and higher-yield cash, and a traditional bank if you need cash or cheque handling, which neither Sleek's account nor Aspire supports). If a single-platform account relationship matters to you, this is a structural difference, not just a pricing one.
Nominee Director and Accounting Compared
On nominee director terms, the structures differ. Statrys includes a full 12 months of nominee director cover in its incorporation price, with zero security deposit. Sleek's cheapest plan includes only 3 months, with a published standalone renewal rate of SGD 2,000/year after that (Sleek requires an accompanying accounting subscription to renew).
In our experience, founders who only compare headline prices miss this distinction and are surprised by a second bill inside their first year with Sleek's Starter plan specifically. The Full Compliance tier avoids that by including the full year upfront, same as Statrys does by default.
On accounting, Statrys prices ongoing bookkeeping and tax filing by actual transaction volume. Sleek bundles accounting free for the first year on its Compliance and Full Compliance tiers, then charges an annual fee based on monthly expenses from year two. It is a usage-based model in its own right, though the exact year-two rate isn't published on Sleek's public pricing page.
Independent Reviews Compared
| Provider | Trustpilot Score | Review Count |
|---|---|---|
| Statrys | 4.8/5 | 440 |
| Sleek | 3.9/5 | 3,708 |
Statrys holds the higher score; Sleek holds a much larger review base, reflecting wider volume across more markets and business stages. Sleek's Trustpilot profile is not Singapore-specific, as it aggregates reviews across every market Sleek operates in.
Statrys' Trustpilot profile is predominantly Hong Kong and Singapore business account and incorporation clients, though it isn't filtered to Singapore alone either.
Which One Should You Choose?
- Lowest possible starting price, comfortable extending later: Sleek's Starter plan (SGD 2,250), with the 3-month nominee director caveat in mind.
- A full year handled in one price, no separate renewal decision in year one: Statrys (SGD 3,686) or Sleek's Full Compliance plan (SGD 3,650), within SGD 36 of each other.
- Accounting priced by what you actually do, not a plan tier: Statrys.
- A specific, published number for nominee director renewal before you commit: Sleek.
- Native multi-currency account and FX in one place, no second sign-up: Statrys. Sleek's own free account is also natively multi-currency, but a broader currency set and yield require a separate Aspire relationship.
- Higher independent review score: Statrys (4.8/5 vs. 3.9/5); larger review sample to weigh: Sleek (3,708 vs. 440).
Both are legitimate ways to incorporate a Singapore company remotely as a foreign founder. The honest difference is structural: Statrys bundles a full year of everything (incorporation, nominee director, and a multi-currency business account) into one price and one platform, with usage-based accounting after that; Sleek gives you tiered entry points and clearer add-on pricing, at the cost of a 3-month nominee director cliff on its cheapest tier, and a separate Aspire sign-up if multi-currency banking is something you actually need.
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FAQs
Is Statrys or Sleek cheaper for Singapore incorporation?
On headline price, Sleek's Starter plan (SGD 2,250) is cheaper than Statrys (SGD 3,686). But Sleek's Starter plan includes a nominee director for 3 months only. Comparing full-year tiers instead: Statrys versus Sleek's Full Compliance plan (SGD 3,650).
Do Statrys and Sleek both include a business account?
Both bundle a free business account with incorporation, but they aren't equivalent. Statrys' account is natively multi-currency, with 11 currencies in one account, under Statrys' own MAS licence and local payment rails in 13 countries. Sleek's own account is also natively multi-currency (SGD plus 11 other currencies) with card issuance included; a broader currency set and yield on idle funds require a separate sign-up with a third-party partner, Aspire.
Which has better independent reviews, Statrys or Sleek?
Statrys holds a higher Trustpilot score (4.8/5 from 440 reviews) than Sleek (3.9/5 from 3,708 reviews). Sleek's much larger review volume reflects wider usage across more markets and business stages.
How does accounting pricing differ between Statrys and Sleek?
Statrys prices ongoing accounting by actual transaction volume. Sleek bundles accounting free for the first year on its Compliance and Full Compliance tiers, then charges an annual fee based on monthly expenses from year two, although the exact year-two rate isn't published on Sleek's public pricing page.
Does Sleek's cheapest plan include a full year of nominee director?
No. Sleek's Starter plan (SGD 2,250) includes a nominee director for 3 months only; Singapore law requires one continuously. Sleek's Full Compliance plan (SGD 3,650) includes a full 12 months. Statrys' incorporation price includes a full 12 months by default, at every tier.





