osome.com

One-line Overview

osome.com is a Singapore-based one-stop corporate services provider. Its core offering is “Singapore company incorporation and accounting,” aimed at Chinese businesses expanding into Singapore with a complete compliance solution covering incorporation, annual accounting, and tax filing. Pricing starts from just $5.00/month, about RMB 36, which is an extremely low entry point for the industry and has attracted many small and midsize teams with limited budgets that want to quickly test the waters in Singapore.

Business Details

osome.com was founded around 2016, initially focusing on “digital company incorporation,” and later expanding into compliance services such as accounting, tax, corporate secretary, HR, and payroll. The team behind it has a strong technology background. The platform supports online document submission and real-time progress tracking, and its customer base includes cross-border e-commerce sellers, blockchain/Web3 projects, tech startups, and traditional trading companies. It is now fairly well known in Singapore’s local corporate services market and is often recommended as a service provider for companies “going global via Singapore.” Its key selling point is being “one-stop”: users only need to fill in information online, while osome handles subsequent government filings, annual returns, tax submissions, and other compliance tasks, saving users the trouble of hiring a local secretary or accountant themselves.

Who It’s Best For

• Solo founders or micro teams: If your budget is limited and you want to first register a Singapore company for a trial run, the basic plan starting from $5/month can cover company incorporation and basic first-year accounting.
• Cross-border e-commerce sellers: Useful for those who need a Singapore company as an overseas entity for receiving payments, filing taxes, or applying for a local bank account.
• Web3/blockchain projects: Singapore is relatively friendly toward digital assets, and osome can handle related compliance needs, such as fund accounting and token issuance tax consulting.
• Traditional small and midsize foreign trade companies: Suitable for businesses with real operations in Singapore that need mandatory compliance services such as a local secretary, annual returns, and tax filing.
• Not ideal for: Large multinational companies or businesses requiring customized audits or complex shareholding structures, as osome’s standardized packages may not be flexible enough.

Key Features and Highlights

• Fully online company incorporation: Users do not need to visit government agencies in person. All documents are submitted online, and registration certificates are usually issued within 1-3 business days.
• Monthly accounting service: The basic accounting plan starts from $5/month and includes monthly bookkeeping, financial statements, and tax filing reminders. It is much cheaper than traditional accounting firms that charge by the hour.
• Built-in corporate secretary service: Includes the local company secretary required by Singapore law, who must be a qualified professional, so there is no need to find a third party separately.
• Annual compliance reminders: The system automatically reminds users of deadlines for annual returns, AGM, and tax filings, helping avoid late penalties.
• Chinese interface and customer support: The website supports Simplified Chinese, and the support team includes Chinese-speaking staff, making communication easier.
• Bank account opening support: Provides assistance with recommended partner banks, such as OCBC and DBS, though this requires a separate fee.

Pricing Analysis

The $5/month price, about RMB 36, refers to the basic accounting plan. However, note that this is only an “entry-level” package — it usually includes company incorporation plus basic first-year accounting, with no more than 10 transactions per month. If your business volume is higher and you need more transaction processing, such as over 50 transactions per month, the actual cost may rise to $30-$80/month. In addition, company incorporation itself involves a one-time government fee of about SGD 300-SGD 500, roughly RMB 1,600-2,700, which osome pays on your behalf and includes in the first invoice. Overall, it offers excellent value for companies with low annual transaction volume. However, if your business is complex and transactions are frequent, the cost will approach the monthly retainer pricing of traditional accounting firms. As for hidden costs, the official website does not clearly state its refund policy, so it is recommended to carefully confirm the contract terms before paying.

How Chinese Users Can Use It

• Network accessibility: The website can be accessed normally without a VPN, though some pages may load slightly slowly because the servers are in Singapore.
• Payment methods: Supports international credit cards such as Visa and Mastercard. Alipay/WeChat Pay support has not been found, so Chinese users need a foreign-currency credit card or a virtual card such as Payoneer.
• Whether a VPN is needed: Registration and backend operations do not require a VPN. However, if you use Gmail or overseas online banking, some operations may be affected by network restrictions in mainland China.
• Invoice issues: osome provides electronic invoices, but these are Singapore local tax invoices, GST registered, and cannot be issued as Chinese VAT special invoices. Companies need to confirm whether they can be used for domestic reimbursement.
• Domestic alternatives: Similar services include “企查查海外版,” “岸泊商服,” and “卓佳,” but their prices are generally higher than osome, and Chinese-language customer support quality varies.

Pros and Cons

Pros:

• ✅ Extremely low pricing and a friendly entry threshold, suitable for founders with limited budgets
• ✅ Fully online process, transparent workflow, and real-time progress tracking
• ✅ Chinese interface and support, reducing communication friction
• ✅ Built-in Singapore statutory secretary, avoiding the need to hire one separately
• ✅ Annual compliance reminders to reduce the risk of missed filings

Cons:

• ❌ Strict transaction limits on the basic plan, usually 10 transactions per month, with costs potentially doubling once exceeded
• ❌ No clear refund policy, making refunds difficult if you are dissatisfied after payment
• ❌ Does not provide Chinese VAT invoices, which may complicate reimbursement for mainland Chinese companies
• ❌ Complex businesses, such as group structures or cross-border tax planning, require additional customization and pricing is not transparent
• ❌ Limited payment methods; no Alipay/WeChat Pay support, so Chinese users need a foreign-currency card

Comparison with Similar Products

• 卓佳 (Tricor): A long-established traditional corporate services provider with more comprehensive services, including audits and listing compliance. However, its pricing is 5-10 times that of osome, making it more suitable for large companies.
• 岸泊商服 (Abacus): Focuses on accounting services for Chinese companies expanding overseas. It supports WeChat/Alipay payments and can issue Chinese invoices, but pricing is slightly higher than osome, starting from $15/month.
• First Offshore: Focuses on offshore company incorporation, such as BVI and Cayman entities. It complements osome’s Singapore local services, but does not offer accounting functions.

Final Recommendation

Best fit: You are a solo founder or micro team with a limited budget, and you want to quickly register a Singapore company for receiving payments, tax filing, and opening a bank account, with low business volume of fewer than 10 transactions per month. In this case, osome’s $5/month plan is almost one of the best-value options on the market, and it is worth using directly.

Not a good fit: Your business has frequent transactions, requires customized auditing, or needs Chinese VAT invoices. In that case, osome’s standardized packages may not be flexible enough, and you may want to consider providers such as 岸泊商服 or 卓佳, which are more compatible with mainland Chinese finance workflows.

Suggestion: Start with osome’s basic plan for a 1-2 month trial to evaluate its dashboard experience and customer support response speed. If your business grows later, reassess whether to upgrade or switch providers. Note: before paying, be sure to confirm the refund terms in the contract to avoid losses caused by misunderstandings.