Sleek vs Statrys: Starting a new business in Hong Kong involves more than just filling out the right paperwork. You also need to meet all the local legal requirements. Navigating this complex process alone can be time consuming and lead to costly mistakes. This is exactly where Hong Kong corporate service providers are ideal partners to work with.
Both Sleek and Statrys are renowned company registration and corporate secretarial service providers to consider. Both offer streamlined solutions that support the initial set-up and ongoing compliance for new businesses in Hong Kong.
But which one is the better fit for your business?
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Statrys vs. Sleek – which is best?
This comprehensive comparison breaks down the key differences between Sleek and Statrys, analyzing approach, pricing, service offerings, and customer ratings to help you make a decision on which to use.
To make things easier, we’ll start with a detailed comparison table.
Sleek vs Statrys company overview
Sleek and Statrys are prominent corporate service providers in Hong Kong, each offering reliable company registration services.
Who is Sleek?
Founded in 2017, Sleek is a tech-driven provider with an all-in-one digital platform built by entrepreneurs for entrepreneurs dedicated to simplifying business administration. With cutting-edge technology and personalized human-led support, we’ve empowered thousands of businesses with end-to-end services so they focus on growth while we handle the complexities.
Its key services include:
- Company incorporation
- Corporate secretarial services
- Accounting and bookkeeping
- Payroll
- Compliance management
- Audit and tax filing
With a team of over 450 professionals, Sleek helps entrepreneurs and business owners eliminate financial admin, automate repetitive tasks, and receive expert-backed advice.
Sleek is a B-Corp certified company.
Sleek is proud to be a B-Corp certified company, joining a global network of approximately 6,500 companies across 80+ countries and 150 industries, all committed to driving positive change for businesses, people, and the planet.
Key achievements:
- 450,000+ businesses started across 110 countries.
- Over 14,000 active customers globally.
- 97% CSAT score, reflecting top-tier customer satisfaction.
- Human-led support for personalized, local, expert guidance
Where does Sleek operate?
- Hong Kong
- Singapore (HQ)
- United Kingdom
- Australia
Who is Statrys?
Headquartered in Hong Kong, Statrys is a fintech company founded in 2018 that provides entrepreneurs and SMEs with streamlined company registration, multi-currency business accounts, and payment solutions.
While Statrys doesn’t provide any in-house accounting services, they can recommend appropriate accounting service providers based on the business nature, transaction volumes, and industry.
Statrys ensures an efficient and smooth business setup in Hong Kong with its comprehensive payment solutions, personalized support, and cross-border payments.
Sleek vs Statrys company registration comparison
While both Sleek and Statrys simplify company registration in Hong Kong, their pricing and service scope set them apart. Let’s break it down.
| Sleek | Statrys | |
| Pricing | From HKD 5,349 to HKD 10,080 | HKD 8,600 |
| Government fee | Included | Included |
| Name check | Included | Included |
| Filling out incorporation application with Hong Kong Companies Registry | Included | Included |
| Certificate of incorporation | Included | Included |
| Business Registration certificate | Included | Included |
| Articles of Association | Included | Included |
| Company secretarial services | Included | Included |
| Business account | Included | Included |
| Accounting | Available from Grow Plan (HKD 8,849) | Not included |
| Audit | Available from Grow Plan (HKD 8,849) | Not included |
| Tax | Available from Grow Plan (HKD 8,849) | Not included |
| Registered office address | Included. Reach out directly for more details | Included |
Key features:
- Pricing: Sleek offers customers a choice of three incorporation packages (Starter, Grow, and Success), with prices from HKD 5,349 to HKD 8,799 to HKD 10,080. These packages allow customers to select the level of service that best suits their needs.
Statrys, in contrast, offers only a single incorporation package priced at HKD 8,600.
- Accounting and other financial support: Sleek provides accounting, tax, and audit services, ensuring businesses stay compliant with Hong Kong regulations under one roof. In contrast, Statrys specializes in business banking and payment solutions but does not offer accounting, tax, or audit services within its incorporation package.
Since Hong Kong businesses must maintain financial records and submit tax filings annually, Sleek’s integrated services offer a seamless compliance solution, while Statrys users may need to engage third-party providers for ongoing financial management.
Sleek vs Statrys company secretarial services
Company secretarial services are essential for staying compliant in Hong Kong. Let’s explore how Sleek and Statrys compare in handling your business’s regulatory needs.
| Sleek | Statrys | |
| Company secretarial services | Offers comprehensive secretarial services with compliance essentials | Provides secretarial services as part of their incorporation package |
| Appointment of designated representative of the company | Yes | Yes |
| Annual return filing (NAR1) | Handles NAR1 filings and compliance with the Companies Ordinance. | Included |
| Maintenance of statutory records | Maintains & updates significant controllers register (SCR), share registers, and company records. Documents are securely stored and can be accessed anytime and anywhere by customers. | Maintains statutory records, including the significant controllers register, with online access to documents. |
| Changes in director particulars | Included | Included |
| Dormancy declaration | Helps companies file for dormancy status under the Companies Ordinance. | Reach out directly for information |
| Company name and business changes | Assists with changes in business name, nature, structure, and registered office address. | Covers business changes but detailed process information is not available on the website. |
| Transparency of pricing and services | Clearly lists all secretarial services and costs upfront. Offers customizable service plans and comprehensive options to meet the specific needs of your business | Offers a transparent pricing structure with one inclusive package covering incorporation services, company secretary service, and a registered address. |
| Additional shareholder in package | Includes 1 shareholder | Includes 5 shareholders |
| Preparation of AGM | Included | Included |
| Dedicated account manager | Included | Included |
| Change in business particulars | Included | Reach out directly for details |
| Change of registered office address | Included | Included |
| Distribution of interim dividends | Included | No information available on website |
| Change of business nature | Included | Quoted separately |
| Change of director (new appointment or cessation) | Included | Included |
| Allotment of shares | Included | Quoted separately |
| Transfer of shares | Included | Quoted separately |
Sleek vs Statrys banking and financial services comparison
Managing business finances goes beyond just opening a bank account. Let’s see how each provider can support Hong Kong businesses in their banking and payments.
| Sleek | Statrys | |
| Business account setup | Free Airwallex business account setup provided (subject to approval) | Assists in business account opening, but no free account included. |
| Corporate card | Free VISA corporate card provided via Airwallex (subject to approval) | Prepaid Mastercard |
| Audited financial statements | Included | No information available on website |
| Banking partnerships | Integrates with digital banks and partners with renowned banks like HSBC and DBS for account setup | Has in-house multi-currency account |
| Payment card | Partners with Airwallex for debit card services. | Statrys Mastercard Prepaid card (subject to approval) |
| Employer Return (IR56B) preparation and filing | Included in all plans at no extra cost. | Not included |
| Offshore tax arrangements | Included | Not included |
| Profit tax computation | Included | Not included |
| Audit | Included | Not included |
Statrys vs Sleek accounting and compliance essentials
Hong Kong businesses must stay on top of their accounting and compliance. Let’s explore the differing approaches and accounting services of Sleek and Statrys to this essential aspect.
| Sleek | Statrys | |
| E-signatures | Free of charge with unlimited use. | Not included |
| Annual bookkeeping | Complete bookkeeping services including preparation of unaudited financial statements, account reconciliation, and invoice preparation Offers annual/monthly/weekly bookkeeping services based on business needs. | Not included. Statrys does not offer in-house accounting or bookkeeping services but |
| Audit and tax filing services | Delivers comprehensive audit and tax filing services, including auditing of management accounts, tax computations, and PTR filing. The Premium audit package also allows customers to benefit from offshore tax exemption filing. | Not included |
| Dedicated accountant | Assigns a dedicated accountant for personalized support and financial clarity | Not included |
| Expense and invoice submission | Multiple channels to submit expense reports or invoices (WhatsApp, email, or platform) | Not included |
| Bank statement retrieval | Auto-retrieval from selected banks (HSBC/Airwallex) for Sleek Books clients. | Not included |
| Consultation calls | Customers can schedule calls with their accountants anytime for financial guidance | Not included |
| Onboarding support | Special onboarding webinar to educate customers on processes and answer initial queries | Not included |
| Dividend declaration support | Monthly bookkeeping plans accommodate ad hoc dividend declaration requirements. | Not included |
| Expense and transaction consideration | First two tiers support both expenses and transactions for a holistic financial view. | Not included |
| Customized accounting solutions | Tailored accounting solutions for high-expense/high-transaction businesses are available. | Not included |
| Compliance essentials | Provides easy compliance management with accounting | Not included |
Sleek vs Statrys customer support comparison
Reliable customer support makes all the difference. Let’s see how Sleek and Statrys handle their customer’s queries.
| Sleek | Statrys | |
| Customer support type | Real human-led support with no bots. Personalized guidance from corporate experts | Offers dedicated customer support through different channels |
| Ease of communication | Direct access to professionals via live chat, website, email, and phone | Direct access to experts through phone, email, or WeChat. |
Status vs Sleek certifications and awards
Let’s compare the certifications and awards that set Sleek and Statrys apart in the corporate services space.
| Sleek | Statrys | |
| Awards | Recognized as:
| Recognized as:
|
| Certifications | Certified B Corporation, meeting high standards of social and environmental performance (2023). | No notable certifications mentioned on the website |
Sleek vs Statrys customer satisfaction and reviews comparison
Dive into the CSAT, reviews, and ratings to see how Sleek and Statrys measure up in trust and meeting expectations.
| Sleek | Statrys | |
| CSAT | 97% CSAT score, reflecting high satisfaction with service quality, transparency, and support. | CSAT score not publicly available. |
| NPS | High NPS, with customers frequently recommending Sleek for reliable service and expert assistance. | NPS not publicly available |
| Trustpilot ratings | 4.4/5 | 4.4/5 |
| Google ratings | 4.9/5 | 3.9/5 |
Sleek vs Statrys: Local presence in Hong Kong
Let’s compare Sleek and Statrys in terms of local and in-the-ground support and accessibility in Hong Kong.
| Sleek | Statrys | |
| Local office in Hong Kong | Sleek’s established local office and team offer clients reliable, on-the-ground support tailored to Hong Kong’s unique business landscape. Customers benefit from face-to-face meetings, real-time assistance, and local expertise. | Statrys also maintains a Hong Kong office, focusing on digital financial services providing local support. Though, specific details about the local support are limited. |
Sleek vs Statrys: Which service provider is the best?
After comparing pricing, services, and customer support of both the service providers, the next step is to determine your unique business needs and analyze which of these two providers are best.
When to choose Sleek?
Comprehensive business services: If you need everything from company incorporation, corporate secretarial services, accounting, tax, and compliance- all under one provider, Sleek offers a fully integrated solution.
Flexible service packages: With tiered pricing options, you can select a package that aligns with your business requirements. Services are customizable and can be prioritized to meet your needs.
Human-led customer support: Sleek provides personalized, expert guidance from real professionals (no chatbots).
Financial & compliance services: Unlike Statrys, Sleek offers a complete suite of business services like accounting, bookkeeping, audit, tax filing, and compliance under one roof. In Hong Kong, company incorporation is just the first step. Ongoing compliance, financial management, and tax obligations are equally crucial for smooth business operations.
Sleek is ideal for entrepreneurs and SMEs who want to eliminate the hassle of coordinating with multiple service providers, ensuring a seamless, fully compliant business journey from company formation to incorporation, auditing, and tax filing- all at one place.
When to choose Statrys?
One inclusive package: If you prefer an all-in-one package with a registered office address upfront, Statrys offers a straightforward pricing structure.
Multi-currency business account: If you may require to have cross-border payments, you can benefit from its multi-currency business account with a payment card.
Deloitte Hong Kong Review: Pricing, Services, Limitations, and Alternatives
incorporation, accounting, tax
services, and compliance.
450,000
businesses worldwide.
from 4,100+ reviews.
satisfaction rate from
16,000 surveyed clients.
450,000
businesses worldwide.
from 4,100+ reviews.
satisfaction rate from
16,000 surveyed clients.
