Statrys and Air Corporate both help founders incorporate in Hong Kong and open a business bank account. The key difference: Statrys combines a payment account with incorporation services (banking is their core product), while Air Corporate is a TCSP-licensed compliance provider with a high bank account opening success rate across multiple institutions.
This comparison breaks down pricing, services, and which provider is the better fit depending on your banking and compliance needs.
Highlights of this article
- Statrys is primarily a payment platform (MSO-licensed) that bundles incorporation services. Air Corporate is a TCSP-licensed compliance provider that also handles banking.
- Air Corporate's incorporation starts at USD 1,070 all-inclusive. Statrys' bundled incorporation pricing is higher when you add company secretary and registered address.
- Statrys' multi-currency payment account (HKD, USD, EUR, GBP and more) is a strong product for international payments. It is not a bank account: no deposit protection, no lending.
- Air Corporate achieves a 95%+ success rate opening accounts at both traditional banks and fintechs including Airwallex and Currenxie. Statrys opens its own account only.
- For founders who want banking across multiple institutions, Air Corporate gives you more options. For founders who want Statrys' payment account bundled with incorporation, Statrys is a reasonable one-stop choice.
What each company is
Air Corporate is a Trust and Company Service Provider (TCSP) licensed by the Hong Kong Companies Registry (licence TC008778). Its core service is company incorporation, company secretarial work, and accounting compliance. Banking support is provided through partnerships with multiple providers.
Statrys is a Hong Kong-incorporated payment institution operating under an MSO (Money Service Operator) licence. Its core product is a multi-currency business payment account. Company incorporation is a supporting service designed to onboard founders into the Statrys payment account.
This structural difference matters: Statrys' banking product is their own account. Air Corporate's banking support covers multiple third-party institutions.
Price comparison
Year 1 total cost
| Item | Air Corporate | Statrys |
|---|---|---|
| Incorporation (incl. government fees) | USD 1,070 (All-Inclusive) | Varies; confirm with Statrys |
| 12-month company secretary | Included | Confirm separately |
| Registered address (12 months) | Included | Confirm separately |
| Bank account opening | Included (multiple institutions) | Statrys account (own product) |
| Government fees (HKD 3,895) | Included | Included |
Annual renewal
| Provider | Annual renewal |
|---|---|
| Air Corporate | USD 955/year (company secretary + registered address + BRC, all-in) |
| Statrys | Per-service pricing; confirm with Statrys |
Banking: the key difference
This is the most important comparison point for most founders.
| Banking feature | Air Corporate | Statrys |
|---|---|---|
| Bank account type | Partners: traditional banks + fintechs | Own payment account (MSO) |
| Deposit protection (HKMA) | Yes (if using ZA Bank, WeLab, or traditional banks) | No (MSO, not a licensed bank) |
| Business lending | Yes (via traditional banks) | No |
| Trade finance | Yes (via HSBC, DBS, Standard Chartered) | No |
| Multi-currency account | Yes (via Airwallex, Currenxie, ZA Bank) | Yes (Statrys account: HKD, USD, EUR, GBP+) |
| FX margin | 0.2–0.5% (varies by provider) | Competitive; confirm with Statrys |
| Success rate | 95%+ published rate | Own account only |
| Institutions covered | Airwallex, Currenxie, DBS, OCBC, ZA Bank | Statrys only |
The practical implication: If your business only needs a multi-currency payment account for international payments and FX (no trade finance, no lending, no deposit protection), the Statrys account may be sufficient alongside your incorporation. If you need a traditional bank, deposit protection, or access to multiple providers, Air Corporate's banking support gives you more options.
Feature comparison
| Feature | Air Corporate | Statrys |
|---|---|---|
| Incorporation (Hong Kong) | Yes | Yes |
| TCSP licence | Yes (TC008778) | No (MSO licence) |
| Company secretary | Yes (included) | Yes (confirm if included) |
| Registered address | Yes (included) | Yes (confirm if included) |
| Accounting and audit | Yes (USD 580+/year) | Yes (available) |
| Multi-currency payment account | Via Airwallex/Currenxie | Yes (Statrys own account) |
| Traditional bank support | Yes | Limited |
| Non-resident founders | Yes | Yes |
Which to choose
Choose Air Corporate if:
- You want the TCSP-licensed provider managing your statutory compliance
- You want banking options across multiple institutions (fintechs + traditional banks)
- You need deposit protection or business lending access
- You want all-inclusive pricing for year 1 (no separate add-ons)
- You want the highest published bank account opening success rate (95%+)
Choose Statrys if:
- You want the Statrys payment account specifically (multi-currency, competitive FX)
- You are comfortable with a payment account only (no deposit protection, no lending)
- You want incorporation and banking from the same provider in a bundled workflow
- You are already familiar with Statrys and want to continue with them for banking
How Air Corporate handles banking
Air Corporate works with the following institutions to open accounts for incorporated clients:
- Fintech accounts (fastest, fully remote): Airwallex (1 to 3 days), Currenxie (1 to 3 days)
- Virtual banks (HKMA-regulated, deposit protection): ZA Bank (1 to 5 days), WeLab Bank (3 to 7 days)
- Traditional banks (full banking services): DBS, OCBC, HSBC, Hang Seng
The 95%+ success rate applies across this full range, not just fintech accounts. Most Air Corporate clients open a fintech account immediately after incorporation and a traditional bank account within 1 to 3 months.
Air Corporate is a TCSP-licensed provider (TC008778) offering Hong Kong incorporation from USD 1,070 all-inclusive. Includes 12-month company secretary, registered address, and bank account opening support across multiple providers. Get started
