Top 5 Accounting Services in Singapore for Small Businesses: Ease Your Financial Burden with Expert Help

Mentioning “accounting” might induce a headache. Why not entrust it to experts who thrive on crunching those numbers?

Keeping track of taxes and managing costs is crucial for small businesses in Singapore. Doing so helps avoid legal issues and ensures a steady cash flow, which you can use to grow your business.

Here are the 5 best accounting services in Singapore for small businesses.

1. Counto

Counto has developed its own tax system that’s earned the highest accreditation in Singapore, IRAS ASR+ Tier 3. This means it operates very efficiently without needing manual work, which cuts down costs. Using AI technology also makes accounting tasks easier and speeds up transactions.

What sets Counto apart?

• Expertise: Founded by industry veterans with extensive experience at leading global firms like Credit Suisse, JP Morgan, and Google, Counto combines deep finance knowledge with advanced technology.
• Flexible Pricing: Counto’s service pricing is based on your company’s revenues, ensuring smaller businesses pay less for their needs.
• User-Friendly Platform: Counto operates a secure and intuitive platform that makes navigating financial processes straightforward.
• Round-the-Clock Support: Their customer service team is available 24/7, including weekends and holidays, providing reliable support whenever you need it.

A quick guide to Counto’s services

• Accounting services for traditional businesses
• Accounting services tailored for tech start-ups
• Accounting services designed for online sellers
• Tax filing services
• Incorporation services
• Company Secretary services

An overview of Counto’s pricing

• Annual reporting: Starting at S$850 per year
• Monthly reporting: Starting at S$100 per month
• Virtual CFO: S$500 per month
• Tax preparation package: Starting from S$300
• Incorporation + Company Secretary: S$600
• Incorporation + 1st year compliance: S$1288 per year
• Foreigner Incorporation + Company Secretary: S$2350 per year
• Company Secretary: Starting from S$270 per year

Phone: +65 3159 4255
Website

2. Sleek 

Sleek is recognized as one of Singapore’s most dependable accounting and bookkeeping firms. They offer a wide range of services essential for small businesses, including tax reconciliation, accounting, bookkeeping, payroll, and more.

Despite being a top-tier service provider, Sleek ensures affordability across all their services, maintaining complete transparency with upfront cost details provided during booking.

In addition to transparent pricing, Sleek is renowned for offering flexible service packages. Instead of choosing from pre-set packages, clients can customize services based on their specific needs.

A quick guide to Sleek’s services

• Accounting services tailored for entrepreneurs
• Accounting services designed for start-ups and SMEs
• Accounting services for investors
• Bookkeeping and payroll services
• Day-to-day maintenance and expense claim services
• Tax reconciliation and consultancy services

An overview of Sleek’s pricing

• Company incorporation: $350
• Annual fee for resident director: $1,500
• Registered business address: $300 per year
• Company secretary: Starting from $300 per year (for 1 shareholder)
• Accounting package: Starts from $75 per month

Phone: +65 6909 2214
Website

3. Margin Wheelers

Margin Wheelers excels in providing comprehensive services tailored for small businesses throughout Singapore. Whether you need company incorporation or expert accounting consultancy, they offer a full spectrum of solutions.

Their team of qualified experts is multidisciplinary, bringing extensive sector-specific experience to effectively meet client needs.

Key qualities of Margin Wheelers:

• Emphasis on innovation, delivering high-quality services that cater to diverse customer requirements.
• A team of seasoned professionals with broad industry expertise ensures top-tier service delivery.
• Competitive pricing ensures affordability without compromising on quality.
• Flexible service packages allow for tailored solutions, ensuring competitive quotes for customized offerings.

A quick guide to Margin Wheelers’s services

• Incorporation services
• Corporate secretary services
• Accounting services
• Auditing services
• Work pass services
• Taxation services
• HR, admin, and data protection services
• Trademark services

An overview of Margin Wheelers’s pricing

• Incorporation services starting from $500 per year
• Corporate secretary services start from $300 per year
• Accounting services starting from $2,000 per year
• Auditing services start from $500 per audit
• Work pass services start from $200 per application
• Taxation services starting from $200 per year
• HR, admin, and data protection services start from $50 per employee

Phone: +65 6272 0820
Website

4. Win Global Solutions

Win Global Solutions, with over 25 years of extensive experience in accounting, stands out as one of Singapore’s premier service providers in this field. They offer tailored accounting solutions including record keeping and tax consultancy, ensuring personalized services that meet individual business needs.

Key Highlights of Win Global Solutions:

• Specialization in XBRL financial statements, ensuring proficiency in complex accounting requirements.
• Over 25 years of experience catering to diverse needs of small businesses.
• Personalized business accountancy services tailored to each client’s specific requirements.
• Free business evaluation services for companies in Singapore, helping identify operational gaps.

A quick guide to Win Global Solutions’s services

• Accounting services
• Corporate services
• Human resources management services
• Payroll services
• XBRL conversion services
• Accounting software services
• Business development services
• Taxation services

An overview of Win Global Solutions’s pricing

• Accounting services starting from $200 per month
• Income tax services starting from $300 per year
• Incorporation services start from $105 per application
• Secretary services start from $300 per year
• Human resource management services starting from $300 per year

Phone: +65 9177 9846

5. Bestar

Bestar’s experts are well-versed in various sectors, from information technology to automotive and healthcare, ensuring they can handle all your accounting requirements with precision and reliability.

Key Highlights of Bestar:

• Renowned for outstanding customer service and quick problem-solving abilities.
• Offers international accounting services, making them accessible for global business needs.
• Provides a complimentary one-hour consultancy session to address financial challenges.
• Emphasizes digitalization of services to support sustainability efforts, reducing paper usage.

A quick guide to Bestar’s services

• Audit and assurance
• PDPA data protection advisory
• Escrow
• Corporate secretarial
• Accounting and bookkeeping
• Taxation
• Business valuation
• Payroll
• License application

Phone: +65 6299 4730