- Both Sleek and Grof cover incorporation, corporate secretarial, accounting, and tax in Singapore, with local incorporation starting from SGD 650 at both providers.
- Sleek holds its own MAS MPI licence (PS20200521) for its business account; Grof’s account runs through NIUM Pte. Ltd. (PS20200276), which holds the licence.
- Sleek publishes itemised pricing online and includes proprietary tools (SleekBooks, SleekSign); Grof uses a bundled package model with advisory-led support and corporate expense management via NIUM.
- Sleek has 1,100+ Singapore Google reviews at 4.5/5.0; Grof has 83 reviews at 4.6/5.0 as of January 2026.
Incorporating a Singapore company starts from SGD 650 for local founders with both Sleek and Grof, and SGD 2,200 (Sleek) or SGD 3,790 (Grof) for foreigners. Both platforms cover the core services: incorporation, corporate secretarial, accounting, and tax. The key differences are Sleek’s own MAS MPI licence for its business account, built-in tools like SleekBooks and SleekSign, and fully itemised public pricing versus Grof’s bundled packages and NIUM-powered account.
Sleek vs Grof is a common comparison for founders setting up in Singapore. Both cover incorporation, corporate secretarial, accounting, tax, and compliance, but they differ in how they deliver.
This guide compares pricing, services, trust signals, and support so you can make a confident decision in under 10 minutes.
|
Quick comparison: Both Sleek and Grof cover incorporation, corporate secretarial, accounting, and tax in Singapore. Local incorporation starts from SGD 650 with both providers; foreign incorporation from SGD 2,200 (Sleek) and SGD 3,790 (Grof). Setup typically takes 1-3 business days. |
Sleek vs Grof: Quick comparison table
Note: Prices and features are accurate as of 22 May 2026. Always check the provider’s site for the latest offers.
Sleek vs Grof: Company overview
Both Sleek and Grof operate in Singapore’s business services space. Here’s what you need to know about each before diving into the detailed comparison.
Who is Sleek?
Sleek is a tech-enabled corporate services platform founded in Singapore in 2017. Built by entrepreneurs for entrepreneurs, Sleek helps businesses incorporate, stay compliant, and manage accounting, payroll, and tax through one seamless digital hub.
Unlike traditional providers, Sleek combines automation with human expertise, making it easier for startups, SMEs, and global businesses to navigate Singapore’s regulatory landscape without drowning in paperwork. Its mission is simple: to remove the complexity of business administration so entrepreneurs can focus on growth.
Key services
- Company incorporation & corporate secretary – Fast, fully online setup and filings, with transparent pricing (e.g., Registered Address from S$400/year, Corporate Secretary services from S$300/year).
- Accounting & bookkeeping – Automated tools paired with professional oversight to keep finances accurate and compliant.
- Payroll & compliance – Streamlined payroll management with CPF, IRAS, and MOM compliance built in.
- Tax & audit – End-to-end support for GST, corporate tax filing, and statutory audit preparation.
- Sleek Business Account – An MAS-regulated multi-currency business account, with no monthly fees, safeguarded by DBS.
Credentials and certifications
- B Corp certified – Part of a global network of over 9,500 companies across 100+ countries that balance profit with purpose, Sleek is committed to ethical, sustainable, and impactful business practices.
- MPI Licence Holder – Regulated by the Monetary Authority of Singapore (MAS), ensuring funds are secure and operations meet the highest financial compliance standards.
Key achievements
- Helped launch 450,000+ businesses globally.
- Serving 15,000+ active customers worldwide.
- 500+ employees providing tech-enabled, human-led service.
- Thriving online start-up community in Singapore with 1,500+ active members
Where does Sleek operate?
- Singapore (HQ)
- Hong Kong
- United Kingdom
- Australia
Who is Grof?
Grof, formerly known as Sprout Asia, is a Singapore-based corporate service provider that provides incorporation, corporate secretarial, accounting, and tax services. While the scope of its services covers the essentials for business setup and compliance, Grof positions itself more as an entry-level option in the market compared to larger, full-service platforms.
In addition to core compliance services, Grof markets the Grof Business Account. This account is powered by NIUM, a licensed Major Payment Institution regulated by MAS. However, Grof itself is not licensed to provide payment services in Singapore, and the account is therefore operated under NIUM’s infrastructure rather than Grof’s own licence.
Key highlights:
- Incorporation services for both locals and foreigners, with the website noting a typical setup time of 1–3 days
- Prominently features a 4.7/5.0 Google review badge on its incorporation and pricing pages (live rating currently 4.6)
Sleek pricing vs Grof comparison (Singapore)
Sleek’s pricing is structured and itemised online, making it easier to budget. Grof promotes packages with inclusions but leaves some details less defined. This table highlights the contrasts and key features.
|
Service |
Sleek |
Grof |
|
Incorporation (locals) |
From S$650; government fees included; includes incorporation deliverables and “Unlimited Corporate Secretary.” |
Kick Start from S$650 (1 shareholder); the package lists what’s included. |
|
Incorporation (foreigners) |
From S$2,200 (Starter) |
From S$3,790 (Launch) |
|
Corporate Secretary |
From S$300/year (1 shareholder) |
From S$300/year (1 shareholder) |
|
Registered Address |
S$400/year; CBD address + digital mailroom (scan & upload). |
Offered within incorporation bundles; pricing details are not consistently published on the main pricing page. |
|
Accounting & bookkeeping |
“Annual Filing & Bookkeeping” from S$60/mo (billed annually). |
Accounting offered from S$60/mo (billed annually). |
|
Accounting & tax add-ons |
XBRL S$500, GST registration S$400, GST filing S$300/quarter, all itemised. |
Pricing based on annual expenses, not transactions; tailored bundles, GST registration S$500. |
|
Transparency |
Plan pages show clear prices + line-item inclusions (including gov’t fees, address, nominee director, etc.). |
“Transparent pricing / pay what you see” messaging + package pages with inclusions; some items require enquiry. |
|
Promos/bundles |
Periodic “Free company registration when bundled with accounting” offers are on-site. |
Packages sometimes include address/accounting at a stated price point. |
The most affordable starting point for locals is SGD 650 with both providers. For foreigners, Sleek starts at SGD 2,200 while Grof starts at SGD 3,790. Sleek publishes every line item, including government fees, online; Grof groups services into packages and requires an enquiry for some pricing details.
Grof vs Sleek: Incorporation package comparison
Incorporation is available through both providers, though Sleek highlights inclusions and costs more clearly. Grof groups services into broader bundles. This comparison breaks it down.
|
Inclusion |
Sleek |
Grof |
|
Name check and ACRA filings |
Handled as part of incorporation with guided Bizfile steps and expert support. |
Included; pages show name check tool and handling of ACRA filings. |
|
Company constitution & post-incorporation docs |
Included |
Included |
|
Annual return filing (AR) |
Included in secretary plan (S$60 gov fee covered) |
Covered under corporate secretary services |
|
Registered address |
Registered address with digital mailroom (mail scanned and uploaded) at S$400/year. |
Registered address available within some incorporation packages. Pricing and scope not consistently published on the main pricing page; no digital mailroom mentioned. |
|
Dedicated company secretary |
Included in the secretary plan, with named support and clear scope (AR, AGM, RORC, document portal). |
Corporate secretary services offered within compliance packages; support is described on-site but not detailed as a named “dedicated” role. |
|
Setup speed (typical) |
Fast once KYC + docs are complete |
1–3 days stated |
Both providers handle ACRA filings, company constitutions, and annual returns. Sleek includes a digital mailroom with its registered address (SGD 400/year) and explicitly covers share issuance and dividend declarations. Grof bundles some of these into packages but does not publicly confirm all inclusions.
Grof vs Sleek Singapore: Banking & financial services
Banking is where the models diverge. Sleek runs a regulated business account in Singapore under its own licence, while Grof markets one through NIUM. Here’s how they stack up.
|
Feature |
Sleek Business Account |
Grof Business Account |
|
Regulator/licence |
Own MAS Major Payment Institution licence (Sleek Tech Pte. Ltd., PS20200521). |
Provided via NIUM Pte. Ltd. (MAS PS20200276). Grof states it is not licensed to provide payment services. |
|
Funds safeguarding |
Client funds are safeguarded with DBS and other Tier-1 banks; Sleek cannot access client monies. |
Operated through NIUM’s licensed infrastructure; safeguarding is handled under NIUM. |
|
Fees |
No minimum balance, no initial deposit, no annual fees. |
No monthly fees and free onboarding |
|
Onboarding |
Fully digital, Sleek platform-based setup, available from outside Singapore (subject to KYC). |
Online process described; specifics of in-app setup not stated |
|
Cards |
Virtual Visa cards available (Apple Pay/Google Wallet). |
Corporate Mastercard cards issued via NIUM; virtual cards. |
|
PayNow |
Supported. You can send and receive funds instantly through PayNow. |
Not stated on public pages; account runs via NIUM, which connects to FAST/PayNow, but Grof does not publicly confirm PayNow support. |
|
Eligibility |
Available to Sleek Pte Ltd clients, subject to KYC/KYB. |
Eligibility governed by NIUM policies; KYC/KYB applies. |
|
Multi-currency & transfers |
Local & international transfers; low-cost FX |
Local & international payouts via NIUM rails |
The fundamental difference is regulatory structure. Sleek operates its business account under its own MAS MPI licence, with client funds safeguarded at DBS. Grof’s account runs through NIUM’s regulated infrastructure, and Grof itself is not licensed for payment services in Singapore.
Sleek accounting vs Grof
Both Sleek and Grof help with bookkeeping, tax, and GST. What stands out is Sleek’s in-house software and clear fee structure, compared with Grof’s broader, package-based model.
|
Area |
Sleek |
Grof |
|
Bookkeeping & monthly accounts |
Online, automated bookkeeping with easy receipt submission and dedicated accountants. |
Bookkeeping and accounting with monthly or annual options; a dedicated accountant is shown on package cards. |
|
Software & automation |
SleekBooks in-house accounting software (multi-currency, P&L, balance sheet, full audit trail). |
No proprietary accounting software publicly listed; focuses on services and tooling around spend/expenses. |
|
Tax (ECI, Form C-S/C) |
Dedicated team handles ECI and Form C/C-S; clear service pages and online process |
Offered within accounting packages and compliance scope. |
|
GST |
Registration and return filing with transparent fees and fully online workflow. |
Registration and filing available; advisory-led support described. |
|
XBRL |
Dedicated service for XBRL creation and filing; clear pricing shown (from S$500). |
XBRL report preparation is listed as part of accounting & tax services; details are included on the service page. |
|
Catch-up/clean-up |
Reconstruction of accounts offered during onboarding using SleekBooks to fix messy books. |
Switching guidance offered; specific “reconstruction” service not highlighted. |
|
Onboarding & support |
Personalised onboarding, cloud document management, and access to accountants for queries |
Advisory-led setup and ongoing guidance. |
Both providers offer bookkeeping from SGD 60/month, billed annually. Sleek adds SleekBooks, its own multi-currency accounting software, and offers account reconstruction for messy books. Grof does not list proprietary accounting software but emphasises advisory-led support and corporate card expense management.
Sleek vs Grof: Corporate secretarial & governance
The basics are covered by both, but Sleek publishes transparent secretary inclusions, while Grof’s details depend on the package.
|
Secretarial scope |
Sleek |
Grof |
|
Annual Return and AGM guidance |
Included: preparation and holding of AGM; preparation and filing of Annual Return. |
Covered under secretary/compliance services; supports filings and AGM coordination. |
|
Statutory registers and records |
Maintained and updated; ongoing compliance managed by the onshore team. |
Maintains statutory records and manages filings with ACRA. |
|
Changes to officers, address, particulars |
Included with unlimited rounds of amendments in the secretary plan (appointments & resignations included). |
Supported as a packaged service. |
|
Share issuance and transfer |
Included (issuance and transfer of ordinary shares); share certificates provided in incorporation deliverables. |
The site does not explicitly confirm support for share issuance or transfer. |
|
Dividend declaration |
Included in the secretary plan. |
Included in the secretary plan. |
|
RORC filing |
Included (Register of Registrable Controllers filing). |
Included. |
|
Corppass support |
Optional Corppass registration is included in the secretary’s scope. |
Corppass registration is included in the secretary package. |
|
Document portal/access |
Secure online portal with all company docs accessible anytime. |
“Compliance dashboard” to track deadlines and documents. |
|
Switch-in concierge |
Handles transition from your current secretary; collects docs and manages the process. |
“Switch to our Corporate Secretary” option provided. |
Sleek accounting vs Grof corporate: Complementary tools at a glance
Sleek goes beyond core services with free e-sign, accounting, and calculators. Grof leans on external apps and spend tools.
|
Tool/area |
Sleek |
Grof |
|
E-signature |
SleekSign is free and unlimited with audit trail and reminders. Entrust certificates via Netrust. Integrated for Sleek clients. |
No proprietary e-sign tool publicly listed on site or help center. E-sign may occur within onboarding flows, but no standalone product is shown. |
|
Accounting software |
SleekBooks is Sleek’s own accounting software. Plans include “SleekBooks software.” |
No in-house accounting software listed. |
|
Expense and spend controls |
Available via Sleek Business Account; strongest focus is on banking, transfers, and integrations rather than a full spend suite. |
Expense management with corporate cards. Roles, approvals, bill upload, budgets, and virtual-only corporate Mastercard cards via NIUM. |
|
Free calculators and tools |
Singapore Filing Deadlines and Corporate Tax calculators are publicly available. |
No equivalent calculators publicly listed on the main site or help center pages reviewed. |
Sleek vs Grof: Customer support & ratings
Both Sleek and Grof provide multiple ways to reach support and highlight strong customer ratings. Here’s how they compare.
|
Aspect |
Sleek |
Grof |
|
Human support |
Separate phone lines for new enquiries and client support, published hours, email, office address, contact form, and WhatsApp chat. |
Email/phone support, WhatsApp chat, and office address. No separate phone lines for enquiries vs client support, and no contact form listed. |
|
Contact hours (SG) |
Sales/new enquiries: Mon-Fri 9 am-6 pm (SGT). Client support: Mon-Fri 9 am-6 pm (SGT). |
Mon-Fri 9 am-6 pm (SGT). |
|
Google reviews (SG) |
4.5/5.0, with the confidence of more than 1,230 reviews |
4.6/5.0, from a base of 83 reviews |
Sleek has more than 13 times the number of Singapore Google reviews compared to Grof (1,100+ vs 83 as of January 2026), giving its 4.5 rating broader statistical confidence. Grof’s 4.6 score comes from a significantly smaller review base.
Sleek vs Grof: Community support
|
Focus |
Sleek |
Grof |
|
Founder community |
Sleek Entrepreneur Community: a free platform where founders in Singapore connect, share challenges, exchange advice, attend events, and learn from peers. Open to both Sleek clients and non-clients. |
No equivalent founder community highlighted on Grof’s site. |
|
Perks |
Peer forums, expert Q&As, events/meetups, and a showcase zone for businesses. |
Not publicly listed |
Sleek vs Grof: Certifications & trust signals
Beyond services and pricing, it’s important to look at credentials. This table outlines the certifications and trust signals for Sleek and Grof.
|
Signal |
Sleek |
Grof |
|
Certified B Corporation |
Yes, listed in B Lab’s official directory. |
Not listed in B Lab’s directory (no public claim on site). |
|
MAS licence (payments) |
Yes (MPI) |
Via NIUM (MPI); Grof itself not licensed |
|
ISO 27001:2013 |
ISO 27001:2013 Certified, Information security management standard attained by Sleek. |
Not stated on Grof’s pages reviewed (security mentioned, but no ISO claim found). |
Sleek vs Grof: Local presence in Singapore
Local presence can matter when you need in-market support. Here’s a quick comparison.
|
Criteria |
Sleek |
Grof |
|
Singapore office |
160 Robinson Road, SBF Center |
Pekin Street |
|
Local support lines |
Sales + client support offered |
Phone and email listed |
Sleek’s USPs and why they matter
Every provider covers the basics, but Sleek adds unique advantages. Here’s a breakdown of its USPs and how they benefit founders in practice.
|
Sleek USP |
Why it matters |
How Grof compares |
|
Own MAS MPI licence (PS20200521) |
Direct regulatory oversight and accountability under MAS. |
Partial (via partner). Grof’s payments are provided by NIUM, which is MAS-licensed (PS20200276). Grof states it is not licensed. |
|
Funds safeguarded with DBS / Tier-1 banks |
Clear safeguarding arrangement and named bank. |
Yes (via partner infra). Safeguarding and payment operations run through NIUM’s regulated infrastructure (not Grof’s own). |
|
No minimum balance, no deposit, no monthly/annual fees; digital onboarding |
Low cost to hold and easy to start, incl. remote setup. |
Yes (site claims). Grof markets no monthly fees, no minimum costs, free onboarding |
|
SleekSign (free e-signature; unlimited requests; audit trail; reminders; Entrust via Netrust) |
Faster approvals and lower tooling costs |
No proprietary e-sign platform publicly shown |
|
Virtual Visa cards; Apple Pay / Google Wallet (Apple Pay “coming soon”) |
Instant issuance and wallet compatibility. |
Similar, but different network & form. Grof provides corporate Mastercard cards, virtual-only per help docs; unlimited issuance. |
|
Free FAST local transfers; international transfers with FX savings |
Everyday transfers are cheap; cross-border supported. |
Yes. Grof advertises no local transfer fees, global payouts to 190+ destinations, and up to 70% FX savings (marketing claim). |
|
All-in-one back-office (incorporation, corp sec, accounting, payroll, tax) with Sleekbooks integration |
One vendor for compliance and finance; tighter workflow. |
Broadly yes. Grof also sells incorporation, corp sec, accounting, tax, GST, expense mgmt, corporate card. (Expense tools are emphasized.) |
|
B Corp certification |
Third-party validation of social/environmental standards. |
No public B Corp listing for Grof. Sleek is listed by B Lab. |
|
ISO 27001:2013 |
Information security management certification. |
Not stated on Grof’s pages reviewed. |
|
Open from outside SG (subject to KYC) |
Helpful for foreign founders. |
Yes (digital onboarding). |
Sleek vs Grof: Which provider is right for you?
Sleek and Grof serve similar needs, but their approaches are different. Here’s a guide to choosing the provider that better fits your style of running a business.
Choose Grof if you want:
- Advisory-led bundles and are comfortable with a partner-licensed payments setup (via NIUM).
- Virtual corporate cards and expense controls as a core focus.
- A straightforward, step-by-step path that’s friendly for newer founders.
Choose Sleek if you want:
- A regulated business account under Sleek’s own MAS MPI licence with named safeguarding banks.
- A true all-in-one platform (incorporation, corporate secretary, accounting, tax, payroll) with built-in tools like SleekBooks and SleekSign.
- Clear, itemised pricing and trust signals (e.g., B Corp, ISO noted) with workflows that scale beyond Year-1.
Grof may suit founders who just need starter packages and expense controls. But if you prefer a licensed account, clear inclusions, and an all-in-one hub that grows with your business, Sleek is where you’ll get it.
If you’d like to cut through the admin and focus on growth, Sleek is just a conversation away.
450,000
businesses worldwide.
from 4,100+ reviews.
FAQs: Sleek vs Grof in Singapore
Is Sleek or Grof cheaper for company incorporation in Singapore?
For local founders, both start at SGD 650. For foreign founders, Sleek’s Starter package begins at SGD 2,200 while Grof’s Launch package starts at SGD 3,790, making Sleek the more affordable option for overseas founders at the entry level. Always verify current pricing directly on each provider’s website before committing.
Does Sleek hold its own MAS licence for banking?
Yes. Sleek Tech Pte. Ltd. holds a MAS Major Payment Institution licence PS20200521. Client funds are safeguarded with DBS and other Tier-1 banks, and Sleek cannot access client monies. This is distinct from Grof, whose business account is operated through NIUM Pte. Ltd. (MAS licence PS20200276). Grof states on its website that it is not itself licensed to provide payment services in Singapore.
How long does incorporation take with Sleek vs Grof?
Both providers typically complete incorporation within 1 to 3 business days once KYC verification and required documents are submitted. The actual timeline depends on ACRA’s processing and how quickly you supply your identification and business details. Neither provider can guarantee same-day approval.
Can a foreign founder use Sleek or Grof to set up a Singapore company?
Yes, both providers support foreign founders. With Sleek, foreign incorporation starts from SGD 2,200 (Starter package). With Grof, it starts from SGD 3,790 (Launch package). Both platforms allow digital onboarding from outside Singapore, subject to KYC and document requirements.
What corporate secretarial services are included with both providers?
Both Sleek and Grof cover the core requirements: Annual Return filing, AGM guidance, statutory register maintenance, Corppass registration, and RORC filing. Sleek explicitly includes unlimited officer changes, share issuance and transfer, and dividend declarations within its secretary plan. Grof covers a similar scope within its compliance packages, though some inclusions are not individually itemised on its public pricing pages.
