11 Best Accounting Services in Singapore
If you’re worried about how to keep proper track of your business’s accountancy and have no in-house accounting team yet, this post is for you.
Today, we’ll be taking a closer look at the best accounting services in Singapore to help you manage your financial statements and tax records. They were selected because they meet a number of practical criteria that can help you grow your business.
We also included an FAQ section at the end of this post, so make sure to check it out.
How much do accounting services in Singapore cost?
We carefully handpicked accounting service providers in Singapore for this post. Along with other practical considerations, we feel they represent the best cost estimates for the services clients typically sign up for.
To compare their rates and fees, here’s a table for quick reference.
Please note that each service provider could charge uniquely, whether it’s for a one-time contract or a recurring monthly or yearly one.
Some of them also base their fees on a sliding scale that fits the company’s revenues instead of charging a fixed rate across the board.
The Best Accounting Services in Singapore
As previously mentioned, these accounting services were selected with the following factors in mind:
1. Timcole
| Title | Info |
|---|---|
| SERVICES | Incorporation, accounting, secretarial, accounting, taxes, immigration, business consultancy |
| WEBSITE | https://timcole.com.sg/ |
| ADDRESS | 111 North Bridge Road #24-02, Peninsula Plaza, Singapore 179098 |
| CONTACT DETAILS | +65 6631 9892 |
| BUSINESS HOURS | Monday to Friday: 9 AM - 6 PM Closed on Saturdays and Sundays |
Total Scores
Timcole’s services cover practically everything a company needs for accounting, tax filing, secretarial services, and even immigration processing. It promises to be a one-stop business solution, and clients we talked to can verify they fulfill this promise well.
Its range of business-related services is wide enough for the company to provide comprehensive packages to its clients. Timcole also offers company incorporation, company secretarial, bookkeeping, and other bundled-up services under one price.
Various industries, including construction and engineering, e-commerce, retail, and food and beverage, make up its clientele. But we like how Timcole has geared its services to SMEs and start-ups, as well.
And while the company doesn’t claim to have the cheapest rates on the market (their words, not ours!), it does emphasise the absence of hidden rates and surprise fees. Upward fee adjustments are communicated to the client straight away, which is always welcome.
Pros
- Offers one-stop business solutions
- Serves a wide range of company types and industries
- Offers both one-time and recurring services
Cons
- Closed on weekends
- No free trials
Customer Reviews
My trusted partner that takes care of our back-office
“We completely outsourced our Accounting and HR function to Timcole for the past 4 years. They are my trusted partner that takes care of our back-office, while I can just focus on my business operations.” – Charles Yoshida
Acts not just as an external accountant entity, but more as our Internal Accounting department
“We have been using Timcole’s Accounting Services for the past 3 years for both our Singapore and Malaysia operations. They act not just as an external accountant entity, but more as our Internal Accounting department that is an integral part to our business.” – Alan Wong
2. Win Global Solutions
| Title | Info |
|---|---|
| SERVICES | Payroll services, human resources, XBRL conversion, corporate secretarial services, taxation, accounting and bookkeeping |
| WEBSITE | https://winglobalsolutions.com/ |
| ADDRESS | The Splendour 31 Bukit Batok Crescent #01-22 Singapore 658070 |
| CONTACT DETAILS | +65 9177 9846 |
| BUSINESS HOURS | Monday to Saturday: 8 AM - 6 PM
Closed on Sundays |
Total Scores
Win Global is best known for specialising in XBRL (eXtensible Business Reporting Language) financial statements and conversions. This is a practical service since it’s compulsory among incorporated Singapore businesses to file annual accounts in the XBRL format.
The company has been around for over a quarter-century. It’s great to note that aside from the usual taxation and accounting services, Win Global also offers consultancy for such issues as striking-off and members’ voluntary liquidation of companies.
What makes it stand out is that it provides a free business evaluation for potential clients. Win Global also offers free promotions for start-ups like an introduction and a trial version of its available accounting software.
It’s got one of the most comprehensive pricing guides we’ve seen among accounting companies thus far. Rates are customized based on things like transaction volume, annual turnovers, company type (sole proprietorship, LLP, etc.), and various factors.
It breaks down all its fees in a bare-bones manner with tables for accounting, income tax, Singapore incorporation, secretary, human resource, employment pass/visa application, business advisory, and other services.
We appreciate this gesture of pricing transparency so that nothing gets lost in communication.
Pros
- Offers free business evaluation
- Provides XBRL conversion services
- Offers start-up promotions
- Comprehensive service fee guide
Cons
- No 24-hour customer service
- Closed on Sundays
Customer Reviews
Helped my company save a lot of money
“Professional and Trusting. Recommend business friends to visit them. Help my company save a lot of money which I can spend on other places. Thanks!” – Lee Cheng Lim
The General Manager has been a very understanding, forgiving, and generous person
“Mr John Yeo, the General Manager has been a very understanding, forgiving and generous person; a true gentleman indeed. He not only granted us a Cash Grant to us; but also personally came down to our office for a better understanding of our current situation, despite our rude harshness and certain misconduct to him…” – Anonymous client testimony
3. Harvest Accounting
| Title | Info |
|---|---|
| SERVICES | Accounting, annual accounts and tax, corporate secretary, company incorporation, Xero setup and migration/training and support, enhanced reporting, APP advisory |
| WEBSITE | https://www.harvestaccounting.com.sg/ |
| ADDRESS | 14 Robinson Road #08-01A, Singapore 048545 |
| CONTACT DETAILS | +65 8860 9408 |
| BUSINESS HOURS | Available 24 hours online |
Total Scores
Harvest Accounting wants to be known as the growth partner of small businesses. By going paperless and totally digital, it aims to give clients seamless data collection with KPI measurements to ensure their growth.
Right off the bat, we noticed something unique about one of Harvest Accounting’s services. It’s something called “Rescue Services,” and it’s meant for companies whose accounting has fallen so far behind that it needs professional help to clean up the fiscal mess.
We like how it provides solutions using layman’s terms to explain what it can do for clients. It makes it relatable for most start-ups and SMEs (its main clients) who may not have an idea of how to do accounting and compliance.
In the same vein, it describes its main service as “effortless accounting,” which includes both Xero and Dext software. But while this is meant to be reassuring, not providing a specific price guide for all of its services (everything starts at $300/month) is admittedly a bit disappointing.
Pros
- 24-hour online availability
- Offers Xero setup and migration
- Provides reporting apps for KPI measurements
Cons
- Better suited for small businesses
- Doesn’t provide a specific service rates guide
Customer Reviews
The team was highly adaptable, quick to grasp the complexity of our initial phases
“We have stumbled across “Harvest Accounting” while looking for interim solutions for our Accounting matters. The team was highly adaptable, quick to grasp the complexity of our initial phases, prompt to set up and streamline the processes, able to break down and explain accounting terms in layman terms, able to understand high-level overviews and provide tailored solutions. Thankful to have met a great, efficient, responsive and professional team that has a human touch.” – Kah Yan Li
Service-oriented and always ready to help
“My firm has engaged Harvest to do data migration from SAP to Xero. Matthew is a great consultant to have. He’s service-oriented and always ready to help. He provides good solutions, resulting in smooth migration. It’s been great working with Harvest.” – Kah Hwee Toh
4. Sleek
| Title | Info |
|---|---|
| SERVICES | Corporate secretary, employment VISAs, bookkeeping and tax, CFO services, business insurance, electronic signature |
| WEBSITE | https://sleek.com/sg/?site=INTL |
| ADDRESS | 28C Stanley St, Singapore 068737 |
| CONTACT DETAILS | +65 6909 2214 |
| BUSINESS HOURS | Customer care: Monday to Friday: 9 AM - 6 PM
Sales: Monday to Friday: 9 AM - 12MN Closed on Saturdays and Sundays |
Total Scores
Sleek is one of the few accounting services in Singapore that offers a 30-day money-back guarantee for clients who aren’t fully satisfied with its services. Now that’s what we call confidence in its abilities.
It also serves practically all business types, from solo entrepreneurs to SMEs. Even SPVs or investment holdings can register their trademarks and real estate assets with Sleek.
One other thing to check out with this company is its transparent pricing guide. It’s one of the most affordable we’ve seen so far, with accounting and bookkeeping services starting at just $75 a month and employment pass or visa applications starting at just $250.
Aside from compliance and accounting matters, Sleek also offers clients corporate insurance services under one roof. You can get coverage for everything from data loss, product liability, workplace injury, and more.
There’s even a special offer for directors’ and officers’ insurance that’s just around $65 a month.
Pros
- 30-day money-back guarantee
- Offers a free business account with registration
- Serves all business types
- Affordable rates across the board
Cons
- Closed on weekends
- No 24-hour customer service
Customer Reviews
One-stop shop for company registration, corporate management, and all about accounting/tax/GST
“Perfect service, approachable staff, and easy use. Just my one-stop-shop for company registration, corporate management, and all about accounting/Tax/GST.” – Fridolin Blumer
Excellent and immediate response and personal support by telephone
“Very user-friendly. Excellent and immediate response and personal support by telephone, i.e., live consultants. The advanced platform is very easy to navigate. In all – everything was perfect, fast, and reasonably priced.” – Aniruddha Roychowdhury
5. Aura Partner (Singapore) Pte Ltd
| SERVICES | Accounting, Bookkeeping, Company Registration, Corporate Secretarial, GST Registration, Payroll Productivity Solutions, Grant, and Corporate Tax. |
| WEBSITE | http://aurapartners.com.sg/ |
| ADDRESS | 1 Phillip St, #09‑00Singapore 048692 |
| CONTACT DETAILS | +65 6221 1768 |
| OPERATING HOURS | Monday – Friday, 9:00 AM – 6 PM |
Total Scores
Aura Partners is one of the most reliable accounting firms in Singapore. They are known for their capabilities and expertise acquired from experience at top 4 international accounting firms. They primarily focus on serving local and foreign small to medium businesses, expatriates, investors and executives.
Their experienced, devoted staff will examine each case and business requirement in order to create tailored solutions that will optimize your company’s future potential. They listen to their customers and offer services that allow them to continue growing and developing.
We particularly like their accounting services because of how they dedicate themselves in working with you to tailor their services to meet your specific needs and requirements, so that you can focus on running your business.
Their accounting service covers cash flow statements, consolidation accounts, assisting in the auditing process, reviewing daily transactions recorded by your bookkeepers, and so much more. We highly recommend them for businesses who want top-class accounting services.
Pros
- Tailored services
- Great customer support
- Provides a complimentary health check and face-to-face consultation
Cons
- Closed on weekends
Customer Reviews
The price is not as expensive as compared to other companies in the CBD area.
“We just incorporated our subsidiary in Singapore. Their director and team are very experienced in advising company structure. The price is not as expensive as acompared to other companies in the CBD area. They know their work very well. Thumbs up” – Anna
Extremely impressed with their exceptional service and knowledge
“I recently worked with Aura Partners Singapore and was extremely impressed with their exceptional service and knowledge. The team at Aura Partners is professional, responsive, and truly experts in their field. I highly recommend them for their services.” – Alfred Tran
6. Upvue Pte. Ltd.
| SERVICES | Cash Flow & Budget Forecast Company & Annual Compliance Company Incorporation & Registration Company Secretarial Services Singapore HR & Payroll Paperless Bookkeeping Proactive Tax & GST Services Rescue Tax Accounting & Bookkeeping Virtual CFO ServicesXero |
| WEBSITE | http://upvuecpa.com |
| ADDRESS | 192 Waterloo Street,#05-03 Skyline Building, Singapore 187966 |
| CONTACT DETAILS | +65 8218-8365 [email protected] |
| OPERATING HOURS | Monday – Friday, 9:00 AM – 6:00 PM |
Total Scores
UpVue has been one of the most reputable accounting service providers in Singapore since 2012. UpVue aims to “UP” their clients’ company efficiency, time, earnings, and level of enjoyment with solid financial competence. They are one of those locations where accounting and testing collaborate to secure their client company’s financial success.
It is essential to be precise as an accounting service provider, which is why UpVue continually refreshes financial data that are given by a team of qualified individuals that are glad to assist you with your statistics at any moment.
Aside from their excellent precision, they are also adaptable thus they are capable of working remotely with you. Since their services are tailored to your specific requirements, they also provide personalized quotations in addition to the pre-set package alternatives.
With everything they have to offer, we think that they are one of the best go-to accounting service providers in Singapore. They are efficient, precise, effective, and their reviews are stellar.
Pros
- Great attention to detail
- Fast responding customer support
- Experienced staff
Cons
- Closed on weekends
Customer Reviews
Nicole and her team are highly professional and efficient
“Nicole and her team are highly professional and efficient. In addition to being able to incorporate a new company and setup book keeping within a short period of time with minimal hassle, they further value add to business owners by providing very practical and cost effective solutions. Highly recommend and will not hesitate to use again.” – Ben Lee
I would highly recommend their monthly accounting services
“Working with Upvue has been fantastic, they are very professional and yet approachable. Despite my super messy documents, they are still able to sort out my accounts. I would highly recommend their monthly accounting services to get yours books in order! Strongly recommended!!!” – Yohana Santoso
7. Singapore Corporate Services
| SERVICES | Business Registration, Company Secretarial Services, Accounting, and Outsourcing |
| WEBSITE | https://scs-cpa.com/ |
| ADDRESS | Robinson Rd, #03-04 112, Singapore 068902 |
| CONTACT DETAILS | +6569141113 |
| BUSINESS HOURS | Monday – Friday: 9:00 AM – 6:00 PM |
Total Scores
We recently engaged Singapore Corporate Services for our accounting needs, and the experience has been nothing short of exceptional. Their services are a testament to professionalism and efficiency.
When it comes to convenience, Singapore Corporate Services truly shines.
Our interactions with them have been seamless, thanks to their user-friendly online platform and responsive customer support. We appreciate that they know the value of our time.
Their reputation precedes them, and for good reason. Singapore Corporate Services has established itself as a trusted partner in the corporate world.
Our confidence in their expertise is unwavering, and they consistently deliver results that exceed our expectations.
In the world of corporate services, value for money is paramount. Singapore Corporate Services not only offers competitive pricing but also delivers outstanding value.
We’ve found their fees to be reasonable, especially considering the caliber of their service.
The team at Singapore Corporate Services possesses an impressive depth of knowledge.
They navigate the complex landscape of accounting with finesse, ensuring that our financial matters are in capable hands. It’s reassuring to have experts who understand the intricacies of Singapore’s corporate regulations.
One standout aspect is their attention to detail. Our financial records have never been more meticulous, thanks to their diligent work.
They leave no stone unturned, ensuring compliance and accuracy in all our financial documents.
However, they can get busy during peak days. We advise booking them ahead of time.
Pros
- Expertise
- Reputation
- Convenience
- Cost-effectiveness
Cons
- Busy during peak days
Customer Reviews
“Exceptional service! Singapore Corporate Services is our go-to for accounting needs. They make complex matters seem simple.”
“Trustworthy and efficient. We’ve relied on Singapore Corporate Services for years, and they never disappoint. Highly recommended!”
8. Metro ERP / Metro Accounting System
| SERVICES | E-Invoicing Metro Website Builder Metro Sales Management Metro Purchase Management |
| WEBSITE | https://www.metrogroup.solutions/ |
| ADDRESS | 116 Changi Road #04-03 WIS@Changi SG 419718 Singapore |
| CONTACT DETAILS | [email protected] (+65) 6679 1036 |
| BUSINESS HOURS | Available 24 hours online |
At Metro ERP, our experience with their accounting services was exceptional. Their team was highly knowledgeable and provided personalized attention to our financial needs. We felt confident entrusting them with our accounts, knowing they would deliver accurate and reliable results.
The efficiency of their services impressed us. Metro ERP streamlined our accounting processes, saving us time and ensuring everything was handled promptly. Their attention to detail and proactive approach helped us stay organized and on top of our finances.
The quality of their work exceeded our expectations. We were impressed by the precision and thoroughness of their financial reports and analysis. Metro ERP’s expertise in accounting principles and regulations ensured our compliance and financial health.
In terms of cost, Metro ERP offers competitive pricing for their services. We found their rates to be reasonable given the level of expertise and attention to detail they provided. Their transparent pricing structure and clear communication helped us understand the value we were receiving for our investment.
Our overall impression of Metro ERP is highly positive. Their commitment to excellence, efficiency, and affordability sets them apart in the accounting industry. We trust Metro Group to handle our financial matters with professionalism and accuracy, and we highly recommend their services to others.
Pros
- Expertise
- Reputation
- Convenience
- Cost-effectiveness
Cons
- Does not have immediate sign up and payment page
9. Bestar
| SERVICES | Finance and Accounting Services |
| WEBSITE | https://singapore-accounting.com/ |
| ADDRESS | 23 New Industrial Road, #04-08 Solstice Business Center, Singapore 536209 |
| CONTACT DETAILS | Mobile: +65 88364489 / +65 62994730 E-mail: [email protected] |
| OPERATING HOURS | Contact for more information |
Total Scores
Bestar wants to help all companies with their financial records through their tax advice and tax planning services.
We think that their consultants have ample and a depth of experience when it comes to the fields of finance and accountancy.
This is why they’re able to provide an extensive range of services, which includes services from audits to tax advice and planning.
Their accounting firm can definitely help with taxation requirements since their accountants are specialists in tax legislation.
What we like about their team is that they’re up-to-date with local regulations. They also have an understanding of organizations and businesses so they can provide plans that are suited for each client.
We like how flexible their team is as well. They’re able to address crises and any concerns their clients may encounter.
Their communication procedures is something we’re impressed with as well, and they’re able to come up the best solutions for their clients.
We think they’re worth giving a shot!
Pros
- Wide range of services
- Flexible and efficient team
- Experienced accountants
Cons
- Operating hours unavailable
- Limited reviews online
Customer Reviews
“All my dealings with Bestar staff for both our business and personal needs was met with professional and fast responses.
Each person I dealt with had good knowledge in their related fields and I was able to get what I needed done.
Thanks again for the good service.”
10. JWC Accounts & HR Services
| SERVICES | Accounting Services |
| WEBSITE | https://jwc.com.sg/ |
| ADDRESS | 60 Paya Lebar Road #07-54 Paya Lebar Square Singapore 409051 |
| CONTACT DETAILS | Email: [email protected] |
| OPERATING HOURS | Contact for more information |
Total Scores
JWC Accounts & HR Services is a Singapore-based firm offering a wide range of services including incorporation, accounting, and HR solutions.
They cater to businesses looking to outsource these critical functions, allowing companies to focus on their core activities while ensuring their financial and HR tasks are handled professionally.
JWC boasts a team of experts with a deep understanding of Singapore’s financial regulations and business environment.
We think that their knowledge and experience ensure that your accounting is handled accurately and efficiently, reducing the risk of errors and non-compliance with local laws.
We praise JWC for their meticulous attention to detail. Accounting requires a high level of precision, and JWC’s focus on accuracy helps prevent costly mistakes and ensures that financial records are always up to date.
One of the standout features of JWC’s accounting service is the ease of transition. Whether you are switching from another service provider or migrating from in-house accounting, JWC ensures a seamless process.
JWC provides customized accounting services designed to meet the specific needs of each client. This personalized approach means that businesses can choose the level of service that best suits their requirements, whether it’s basic accounting, full financial management, or anything in between.
We highly recommend!
Pros
- Expertise and Professionalism
- Attention to Detail
- Smooth Onboarding Process
- Tailored Services
Cons
- Operating hours unavailable
Customer Reviews
“JWC has been fantastic for our business. Their expertise, attention to detail, and personalized service have made a significant difference. Highly recommended for anyone needing reliable accounting support!“
11. Grof
| Title | Info |
|---|---|
| SERVICES | Incorporation, Secretary, Accounting, Financial Tools |
| WEBSITE | https://grof.co/sg |
| ADDRESS | Far East Square, 32 Pekin St, #05-01, Singapore 048762 |
| CONTACT DETAILS | +65 6016 6399 |
| BUSINESS HOURS | Monday - Friday: 9 AM - 6 PM |
Total Scores
Grof provides robust accounting services designed to meet the evolving needs of businesses at every stage of growth. By handling accounting functions with precision, efficiency, and strict regulatory compliance, Grof enables companies to focus on their core operations.
Their services include accurate bookkeeping, tax filing, and the preparation of detailed financial reports—crucial tools for businesses seeking financial clarity and operational efficiency. Additionally, Grof offers streamlined payroll management and XBRL reporting.
A key advantage of Grof’s services is its combination of expertise and a highly personalised approach. Grof’s team of experienced accountants works closely with each client to deliver tailored solutions that align with their specific business goals. This individualised attention ensures accurate and compliant financial management, providing businesses with peace of mind to focus on growth without being burdened by financial complexities.
Grof’s all-in-one app further simplifies expense tracking, reimbursements, and budgeting, making financial management even more accessible. Their services are also scalable, offering businesses the flexibility to adjust their accounting needs as they grow or adapt to market changes. Grof enhances process efficiency and accuracy, ensuring compliance with Singapore’s regulatory bodies, including ACRA, IRAS, and MOM.
Grof’s commitment to delivering tailored, efficient, and scalable accounting services makes them a valuable financial partner for businesses across various industries. Their focus on accuracy, compliance, and technological innovation ensures that clients benefit from peace of mind and financial clarity as they navigate the complexities of their business environments.
Pros
- Accurate and timely financial reporting with automated systems
- Strategic tax optimization and proactive planning
- Personalized and exemplary customer service
Cons
- Limited flexibility for highly customized or complex financial situations
Customer Reviews
Here are some reviews from their clients:
“Really appreciate the Grof team’s help in registering our company. The entire process is fast and fuss-free with the team handholding us along the way and with great customer experience. The price is reasonable too after comparing across multiple companies. Highly recommended for new startups and companies.”
“I really appreciate Grof’s help to urgently set up a new company for me. I had a very pleasant and satisfying experience dealing with Grof’s team. Their Sales & Support teams were very responsive, clear and helpful. I would highly recommend Grof’s services.”
FAQs about Accounting Services in Singapore
Hopefully, this guide on accounting services in Singapore can help your business grow and thrive.
If you have other accounting service providers you want us to check out, send us a message.
You can also check out the following guides for your accounting concerns: