Thinking to start a new venture by yourself or with a couple of friends? Or perhaps you’re thinking of restructuring a family business that has been handed down over the years? Regardless of the situation, you’re in, it’s undeniable that all business requires excellent administrative and accounting insight to keep business running smoothly and afloat. Handling these administrative and accounting can be a daunting task for the uninitiated, especially for business owners who want to focus on their core business strategies.
In this situation, getting connected with professional accountants that can provide small business accounting services can save time, money and effort for many SMEs. These financial and accounting specialists can advise and look into critical functions that you might not be aware of by handling a wide variety of tasks that range from taxes, permits, overhead costs, and other technical hassles. Here are 8 of the best accounting services in Singapore to get you started.
Note: This list is strictly not in order.
1. Express Corporate Services
Express Corporate Services offer premium service to ensure that you and the other business leaders can focus on the different departments of your company that needs special attention while making sure that your accounting services are still at the top. Outsource your accounting needs, pay a small fee, and sit back and relax as you watch the experts from this company handle your accounting and bookkeeping departments perfectly.
When talking about the financial side of businesses, a lot of people tend to avoid these topics as they can be daunting and feels too sensitive. Accounting is more than just keeping track of costs and profits – it’s a whole new department that involves tracking every expense of the company and seeing if it’s still profitable enough to keep up with the ever-changing industry.
Monty Moni (Keen IT Solution, CEO)
We are truly grateful for Express Corporation Services’ kind words and wish you all the best in business. Express Corporation Services is here to help, whether you are a local startup or from overseas.
John Bai (Perxsion Consulting, CEO)
Express Corporation Services has seamlessly grown from our startup period to being a company with 4 subsidiaries and more than 200 employees with 2 years of comprehension. The company is fast in responding to requests, and advises on the best solutions in a proactive manner.
Contact: +65 8121 9185
Location: 60 Paya Lebar Road, #11-53, Paya Lebar Square, Singapore 409051
Opening Hours: Mon-Fri 9AM-6PM | Closed on Sat&Sun
Delegate your bookkeeping, tax filing, payments, and advisory tasks on a simple, easy-to-use platform! Counto aims to help small businesses with their manual tasks for a more affordable option and allow them to focus on the more critical factors of the business. Counto offers add-on services such as payroll, company secretary, and catch-up books + taxes.
For a monthly fee of $15 per employee, Counto can manage your payroll, include it in your existing plan, prepare payslips and submit CPF submissions on your behalf. Counto also offers a secretary and takes care of your yearly AGM for $300/year. Plus, for as little as $500, the team here at Counto can help you catch up on your finances and file your taxes.
A great bookkeeping service for our small business! They always render their services in a highly professional, helpful and thorough way. The upload process for documents using their platform is simple and my accountant is always very quick to respond to any of our questions. Happy to recommend to my network.
Very happy about the service provider by Counto. The team understood my different needs and was able to provide solutions very fast. My business was set up fast and it was an easy process. I definitely recommend.
Contact: +65 3159 4255
Location: 105 Cecil St, #06-02H The Octagon, Singapore 069534
Opening Hours: 24 Hours
3. Ackenting Group
AG Singapore, which stands for “Ackenting Group”, is a network of award-winning professional accounting firms in Singapore that helps firms of all sizes with their accounting and financial ___. Their track record with business owners and huge conglomerates gives them insight and experience into minute details and an enormous picture scope that prepares their clients with long-term solutions.
Home to expert accountants and highly experienced staff, AG Singapore provides a full suite of comprehensive accounting services. Exceptional and thorough accounting solutions are par for the course, as small businesses can leverage their critical industry insight and solutions without the need of hiring full-time in-house financial and accounting specialists.
“AG Singapore dealt with my company taxes and audit last year, and their work is very reliable. Highly recommended!”
“Engaged AG Singapore for their accounting services and auditing services. Besides their timely filing of our accounting, they also give us a lot of professional accounting advice which open our minds. Really recommend AG to SME startup who need an experienced and professional accountant to guide you in your company accounting issues.”
Contact: +65 9383 2464
Location: Peninsula Plaza, 111 North Bridge Road #07-11, Singapore 179098
Opening Hours: Mon-Fri 8:30AM-5:30PM | Closed on Sat & Sun
4. Tianlong Services
As one of the top accounting and outsourcing service providers in Singapore, Tianlong Services consists of experts and professionals who are dedicated in taking care of your administrative tasks to ensure that your business succeed. They also offer free service for the first month and you will get a month’s worth of bookkeeping – plus, you get to keep your reports for the month even if you decide not to continue with the company.
Tianlong Services believes that finding the right accounting company in Singapore can be challenging, and they aim to solve your accounting issues for you, produce results and develop new ideas. With their mission to be a critical partner in your company’s success, this company allows you to focus on strategic operations and concerns.
Yeo Kim Sung
Tianlong Services can be relied upon when drafting your financial statements and doing up your accounts.
He had been giving my company very good services and also some other knowledge of income tax submission and he is kind and reliable and trustworthy.
Contact: +65 8809 9315
Location: 10 Ubi Cres, #04-100, Ubi Techpark, Singapore 408564
Opening Hours: Mon-Fri 9AM-6PM | Closed on Sat&Sun
5. SC Mohan Public and Chartered Accountants
SC Mohan PAC is a group that specialises in audit and assurance, business consulting, and tax calculation and filing. They’ll help you get your papers and financial standing in check with audit and assurance. They will also support accounting itself, taking over the job of compliance so you can focus directly on your core business strategies. They’ll be happy to handle any tax issues and straighten out your bottom line. You can trust them to take a good look at your business and provide recommendations on improving your assets and operations.
Whatever the size of your business, you can lay your trust in their in-house experts. They are willing to go the extra mile to impart innovative and detailed work, making it all the better with transparent and solid support. Their bottom line is to set your business up for success.
“Good value, responsive.”
Yu Yew Hock
“We have had a working relationship with S C Mohan PAC close to 20 years now and have received excellent service throughout. Mohan and his team have consistently provided reliable insight and guidance, resulting in us viewing them as trusted and valued business partners. The combination of expertise, client service and value is hard to beat. Overall, they are a delight to work with, and I couldn’t be happier to recommend their services.”
Contact: +65 6334 6502
Location: Trivex, S C Mohan PAC, 8 Burn Road, #07-07, Singapore 369977
Opening Hours: Mon-Fri 8:30AM-6PM | Closed on Sat & Sun
6. WealthBridge Corporate Services
WealthBridge can pick up your back-end business needs for your convenience and peace of mind, providing you with clear and complete corporate services, including secretarial, accounting, tax filing, and payroll. With locations in Singapore, Hong Kong, and Manila, you can outsource your business needs to their roster of experienced agents, cutting down on your complex accounting and labour costs by up to 50% compared to hiring in-house specialists.
With the stability of accounting professionals, you can be sure you have complete control over your finances reported to you transparently and thoroughly. They are also a Xero-certified partner, enabling them to employ the best standardised means as specified to carry out their work.
“The sales staff is accommodating, and they offer a good price for company incorporation :D”
Contact: +65 6681 6635
Location: Thye Hong Centre, 2 Leng Kee Road #06-08, Singapore 159086
Opening Hours: Mon-Fri 8AM-6PM | Closed on Sat & Sun
1Accounting was established to help businesses across Singapore comply with business requirements and fulfil their accounting needs. Whether big or small and regardless of the industry, their focus is to provide essential reporting and financial analysis that’s easy to understand.
They keep a close eye on the overview of your books and statements and make sense of your business’s financial situation while recommending the best action steps to keep your business financially sound. 1Accounting also moves closer towards running the commercial side of things and living up to their vision of an efficient, value-making business partner. Aside from their outright accounting and tax services, you can also hire corporate assistance services and financial controller services. Working closely with you, they can formulate custom solutions to support your long-term business growth and strategy.
Lim Zhen Jiang
“The 1Accounting & Consulting Services team has always worked very hard and knowledgeably with us during the preparation of accounts and taxes. Due to the international nature of our business, this involved at times complex questions and knowledge of the implications for personal and U.S. tax and accounting requirements.” –
Contact: +65 6909 3874
Location: Shaw Centre, 1 Scotts Road, #24-10, Singapore 228208
Opening Hours: Mon-Fri 9AM-6PM | Closed on Sat & Sun
TimCole serves as a one-stop solution for all your accounting and backend needs, providing services that range from incorporation, accounting, secretarial services, business consultancy, payroll management and even trademark registration. Outsource your bookkeeping to TimCole to experience flexible and professional accounting and financial services as they keep your information safe and your business compliant to Singapore accounting standards. Make sense of all your sales orders and invoices, receipts, bank statements, vouchers, and payroll information with their bookkeeping strategies — all consolidated in a tight, comprehensive package. You’ll be connected to a designated accountant who will handle all this personally, and they will keep you and your business abreast of governmental standards and deadlines.
“Signed up with their basic Xero package, and after 80% PSG government subsidy, I only need to pay $300plus. The setting up of Xero was fast, and the half-day training provided was very useful. The trainer Kim was very friendly and helpful. Highly recommend to engage them for secretarial and accounting services. Thumbs up!”
“We have been customers since 2017. We are very pleased with the whole team’s professionalism at Timcole Pte Ltd. Their response is very timely, and they don’t leave any loose ends. Mr Sukai Ng is very knowledgeable and ethical. We feel we are in good hands.”
Contact: +65 6631 9892 | +65 9852 6881
Location: Peninsula Plaza, 111 North Bridge Road, #24-02, Singapore 179098
Accounting is more than just keeping track of the inflow and outflow of cash; but all these can seem like a chore and distraction for most business owners with much more to worry about. Hiring someone who specialises in accounting services not only saves time and money but also grants you peace of mind knowing your business is in the right hands.
Equipped with proper accounting and financial advice from these small business accounting services, you will also be able to make clear and informed decisions to position your organisation for success.