HK Ltd via Sleek SG — Indian SaaS Founders
Indian SaaS founders comparing HK setup providers find Sleek ~HKD 900/year cheaper than Osome for the same HK Ltd bundle. Sleek covers formation, company secretary, IRD filings, and annual audit for HKD 8,880+/year.
Under HK territorial taxation, IRD applies two-tier 8.25% (first HKD 2M) / 16.5% only to HK-source profits. Offshore-source claims possible with operational substance.
India side: RBI Overseas Direct Investment (ODI) rules kick in above USD 250,000 aggregate capital contribution; LRS caps outbound at USD 250k/year; Schedule FA on ITR-2 mandatory.
Model the full outlay, not just the setup fee
- SetupSleek (Singapore) setup$1,499
- AnnualYear 2 renewal$899.00
What the tax authority sees
Hong Kong Ltd applies territorial taxation: IRD taxes only HK-source profits at two-tier 8.25% (first HKD 2M) / 16.5%; RBI ODI governs Indian equity contributions.
ODI (Overseas Direct Investment) RBI approval required for equity
Sleek is HKD 900 cheaper than Osome on the base HK Ltd bundle; Indian ODI + Schedule FA obligations unchanged.
- 01RBI ODI filing required above USD 250,000 aggregate capital contribution
- 02HK IRD two-tier 8.25%/16.5% on HK-source profits
- 03Schedule FA disclosure on Indian ITR-2 mandatory; Black Money Act INR 10 lakh penalty
- 04IRD BEPS 2.0 enhanced substance rules from 2024
From filing to funded bank account
Hong Kong Ltd vs UAE Free Zone (MEYDAN)
FAQ
Sleek base HKD 8,880 vs Osome HKD 9,800. Both include company secretary, filings, and audit. Sleek has broader third-party integrations (Wise, Deel); Osome has slightly more polished dashboard. For Indian founders both handle standard ODI + Schedule FA documentation.
Start filing with Sleek (Singapore)
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.