Get to know who we are — and why we do what we do.
We noticed something strange – many Hong Kong company formation services weren’t even run by Hongkongers. Some charged high fees, added hidden costs, and didn’t really know the system.
So we started CheapIncorp – a local, family-run team of accountants offering simple, affordable company setup with no surprises. Just real support from people who know how it works.
Everyone needs a helping hand. Be a friend, not a stranger.
We all started small. No hidden charge, no surprises.
Entrepreneurs have enough to handle. Simply all the process.
At Cheap Incorporation, our mission is simple: to make it easy, fast, and affordable for entrepreneurs around the world to launch a business in Hong Kong.
We believe that setting up a company shouldn’t be complicated, expensive, or packed with hidden fees.
That’s why we offer full ownership, 0% tax potential, and real support — without the paperwork headache.
With three generations of experience behind us, our team understands what entrepreneurs need: fast answers, fair pricing, and smart, no-fluff advice.
From simple setups to ongoing support, we help startups, freelancers, financial services, and eCom businesses build companies that scale.
Our approach is hands-on, honest, and always designed to make the process easier – and the outcome stronger.
Hong Kong remains a global powerhouse for company incorporation, attracting entrepreneurs with its simple tax regime and international reputation. However, the “digital-first” wave has created a stark divide in the market. While some providers use technology to enhance human service, others use it to mask structural incompetence.
Choosing the right partner is more than a line item on your budget; it’s about avoiding the hidden costs of missed deadlines, automated “ghosting,” and banking rejections. Based on a comprehensive review of the top six company formation agents, here is how they truly stack up.
| Cheap Incorporation | Sleek | Osome | Statrys | Get Started HK | BBCInorp | |
|---|---|---|---|---|---|---|
| Price Level | Cheap & affordable | Higher than average | Higher than average | Average | Affordable | Average |
| Pricing Structure | One-off price covers all, no hidden fees | Tricky-based pricing, upfront payment | Complicated | One price | Wide-range, depends on packages | Tricky-based pricing |
| Process & Lead time | Within 3-5 business days | Over 7 business days | Up to 10 business days | Over 7 business days | 1-3 business days | Lack of clear timelines |
| Response & Frequency | Instant human response | Auto message, up to 8-12 hours to respond | Lack of communication | Auto message, up to 2 days to respond | No AI response, respond within 4-6 hours | Auto message, up to 1-2 days to respond |
| Bank a/c opening & Success rate | Yes, Over 95% | Average | Time taking with uncertain issue | High reject rate | Comprehensive bank options | Overpromised, sometimes unable to onboard |
| Renewal and Tax Filing Notification | Yes, Email notification & reminder | Late notification & misfiling | Late notification & misfiling | ✖ | Advance alert | ✖ |
| Google review | 5.0 ★ | 4.6 ★ | 4.8 ★ | 3.6 ★ | 5.0 ★ | 3.8 ★ |
For early-stage entrepreneurs, every dollar spent must directly contribute to business momentum. Choosing a service provider based solely on a low “entry price” is a common trap; if that low price comes with automated “ghosting” or hidden filing fees, the long-term cost to your business – in both time and stress – will far exceed the initial savings. The goal for a startup isn’t just to find the lowest price, but to find price transparency. You need a partner where the value (human support and banking success) matches the investment, ensuring your budget is spent on growth, not on fixing provider errors.
While these firms market themselves as “modern,” their pricing often feels “higher than average” once the lack of personal support is factored in.
A “one-off” price is only valuable if it truly covers everything.
In the business world, a week-long delay is a week of lost revenue. The lead time for your company formation dictates how quickly you can open a corporate bank account, sign your first client contract, or hire your first employee. A fast turnaround is a sign of operational excellence and a commitment to your business’s urgent needs.
For startups, time is a non-renewable resource. Saving a few dollars on a provider that relies on “auto-messages” and “8-12 hour” delays is a poor trade-off. Instant human response, like that from Get Started HK and Cheap Incorporation, ensures urgent issues don’t become expensive roadblocks.
The biggest complaint in the industry is being “ghosted” by an AI.
A low-cost service is worthless if you cannot move capital. Startups must prioritize providers with high success rates, as a “high reject rate” from firms like Statrys can stall operations indefinitely. Investing in Cheap Incorporation’s 95%+ success rate provides the essential value of functional business infrastructure.
Missing statutory deadlines leads to heavy government fines, instantly erasing any initial savings from “cheap” services. True value lies in proactive compliance. Providers like Get Started HK offer “advance compliance alerts,” protecting your startup from the “late notification and misfiling” risks associated with Sleek or Osome.
✅ Best picks: The final test of a provider is whether they keep you out of legal trouble. Cheap Incorporation and Get Started HK both maintain perfect 5.0 ★★★★★ Google ratings.
Reviews are the ultimate “value-for-money” indicator. A perfect 5.0 rating for Cheap Incorporation and Get Started HK proves that their affordable pricing doesn’t sacrifice quality. Conversely, the 1-star warnings for Osome and Sleek highlight the high “hidden cost” of poor service and incompetence.
Among Hong Kong incorporation service providers, Cheap Incorporation and Get Started HK consistently emerge as the top choices. Cheap Incorporation shines with affordability, responsiveness, and banking success. Get Started HK impresses with speed, flexibility, and strong compliance reminders. For entrepreneurs seeking efficiency, transparency, and dependable support, these two providers represent the most balanced and trustworthy options in Hong Kong’s company incorporation market.
No jargon. No stress. Just clear answers and a quick setup that actually makes sense.
