proficiency, accuracy, and integrity.
Accounting and Bookkeeping Services in Singapore
Acconate provides Accounting and Bookkeeping Services in Singapore, alongside Tax, Payroll, Corporate Secretarial, Business Setup and Virtual CFO support. Our team of experienced Chartered Accountants brings over 30 years of combined experience, helping businesses manage compliance, understand their financial performance and plan for growth.
Acconate Services Pte. Ltd. is a Singapore firm providing Accounting, Tax, Corporate Compliance and Financial Advisory Services. We support startups, growing businesses, established companies and overseas owners establishing a presence in Singapore.
Our team brings experience across accounting, taxation, financial management and business structuring. We take the time to understand your operations and provide practical support tailored to your business needs.
Whether you need ongoing Bookkeeping, assistance with statutory filings or senior financial guidance, we work with you to keep your finances organised and support informed business decisions.
Our Services
Support for every stage of your business. Choose individual services or a combination suited to your operations, internal resources and reporting requirements.
01
Accounting & Financial Reporting
Clean books are the base for every decision you make. We record your daily transactions, reconcile your bank accounts, manage your payables and receivables, and keep your records organised, so nothing is a scramble at year-end.
02
Accounting Services in Singapore
From monthly management accounts to full financial statements, we prepare reports that are accurate, compliant with Singapore financial reporting standards, and easy to read. You’ll see where your money is going, not just a page of numbers.
03
Outsourced Accounting Services in Singapore
Hiring a full-time accounting team is expensive, especially for a growing business. With our outsourced accounting services in Singapore, you get a dedicated team at a fraction of the cost, without the recruitment, training or payroll overhead.
04
Tax Advisor in Singapore
We help you file correctly and plan sensibly. Our tax professionals prepare and submit your corporate tax returns, advise on available exemptions and incentives, and make sure you stay on the right side of IRAS.
05
Payroll Services in Singapore
Salaries, CPF contributions, payslips, leave records and year-end employee income filings: we manage all of it, so your people are paid correctly and on time, every month.
06
Accounting Advisory in Singapore
Sometimes you don’t need more data. You need someone to help you read it. Our advisory service covers budgeting, cash flow, cost review and practical guidance as your business grows or changes direction.
07
Company Incorporation in Singapore
We handle the registration with ACRA from start to finish: name approval, documents, constitution and filing. You’ll know exactly what’s happening at each step.
08
Register a Company in Singapore as a Foreigner
Setting up from overseas? We guide you through the requirements, including the need for a locally resident director and a registered local address, and manage the process so you can open for business without flying in for every step.
09
Company Secretary Services in Singapore
Every Singapore company must appoint a company secretary within six months of incorporation. Our company secretaries keep your statutory registers up to date, prepare meeting minutes and resolutions, and file your annual returns on time.
10
Sole Proprietorship in Singapore
A sole proprietorship is the simplest way to start for many individuals. We’ll explain how it compares with a private limited company, help you register, and set up your records from day one.
11
XBRL Preparation in Singapore
ACRA requires many companies to file their financial statements in XBRL format. We prepare and tag your statements correctly, so your filing goes through without rejections or delays.
Support for every stage of your business.
Choose individual services or a combination suited to your operations, internal resources and reporting requirements.
Accounting & Financial Reporting
Accurate financial records give you a clear picture of your business performance. Our Accounting and Bookkeeping Services keep your financial records organised, reconciled and up to date, while providing meaningful reports to support better business decisions.
- Bookkeeping: We manage your day-to-day accounting records, including sales, purchases, expenses and other financial transactions, ensuring your books are accurate and up to date throughout the year.
- Bank & Account Reconciliation: We reconcile bank accounts, customer balances and supplier accounts against your accounting records, identify discrepancies and ensure your financial records are accurate.
- Management Accounts & Reporting: We prepare regular management reports covering revenue, expenses, profitability and cash flow. These insights help you monitor business performance, identify trends and make informed financial decisions.
- Financial Statements: We prepare annual financial statements at company level and, where required, consolidated financial statements for groups, in accordance with the applicable Singapore Financial Reporting Standards.
- XBRL Preparation & Filing: We prepare financial statements in the required XBRL format and assist with filing them with ACRA, in accordance with the applicable filing requirements.
- Audit Coordination: We coordinate with your external auditors, prepare supporting schedules and documentation, address audit queries and track outstanding requirements to facilitate a smooth audit process.
Tax & GST Compliance
We help your business manage corporate tax and GST obligations through accurate preparation, timely submissions and clear guidance on the requirements that apply.
- Corporate Tax: We prepare corporate tax computations, Estimated Chargeable Income filings where required, and annual corporate income tax returns. We review applicable deductions, exemptions and reliefs based on your business circumstances.
- GST Registration: We assess whether your business is required to register for GST, advise on voluntary registration and assist with the application process and supporting information.
- GST Returns: We prepare and submit GST returns for the applicable accounting periods, review the GST treatment of sales and purchases, and check input tax claims against supporting records.
Corporate Secretarial Services
Our Corporate Secretarial Services help your company meet its statutory obligations, maintain accurate company records and manage required filings with ACRA.
- Company Secretary: We provide company secretary services and maintain statutory registers, minutes and resolutions in accordance with the requirements applicable to your company.
- Annual Compliance: We prepare annual resolutions and AGM documentation, advise on applicable AGM exemptions or arrangements to dispense with AGMs, and assist with annual return filing.
- Corporate Changes: We prepare the relevant resolutions and filings for changes to company officers, registered address and other company particulars, and update statutory records accordingly.
- Share Transactions: We assist with share allotments and transfers, including reviewing the constitution and shareholder records, preparing the relevant resolutions and completing required filings and register updates.
- Registered Office Address: We provide a Singapore registered office address for your company and arrange for official correspondence to be received and forwarded in accordance with the agreed service.
- Nominee Director Services: We assist businesses that require a locally resident director, subject to eligibility and compliance checks. We explain the director’s responsibilities, service terms and appointment requirements before proceeding.
Payroll Services
We manage payroll calculations, payslips and related statutory submissions, helping you maintain accurate payroll records and meet your employment reporting obligations.
- Monthly Payroll: We calculate salaries, allowances, deductions and applicable statutory contributions, and provide payroll summaries for your review and approval.
- Payslips: We prepare itemised payslips showing salary components, applicable deductions and net pay, giving employees a clear breakdown of their monthly remuneration.
- CPF & Related Contributions: We calculate applicable CPF and related statutory contributions, prepare submission details and assist with filing within the relevant timelines.
- Employee Income Reporting & Tax Clearance: We prepare form IR8A for annual employment income reporting, assist with electronic submissions to IRAS under the Auto-Inclusion Scheme, and prepare forms for issue to employees where required. We also assist with form IR21 tax clearance filings for foreign employees, where applicable.
- Payroll Records: We maintain payroll reports and supporting schedules in an organised format. Leave record administration can be included where agreed as part of the service scope.
Business Setup & Support
We help local and overseas business owners establish their companies in Singapore and put the essential banking, accounting and administrative arrangements in place.
- Singapore Company Incorporation: We assist with name reservation, incorporation and the required company particulars, and explain the key requirements for directors, shareholders and a registered office address.
- Bank Account Application Support: We guide you through the application requirements, coordinate the submission of relevant information and assist with bank queries. Account opening remains subject to the bank’s assessment and approval.
- Accounting System Setup: We help you select suitable accounting software, establish your chart of accounts and set up practical processes for recording transactions, reconciling balances and preparing reports.
- Ongoing Business Support: We help organise recurring finance and administrative tasks as your business develops, with responsibilities and service scope agreed to suit your operations.
Virtual CFO & Financial Advisory
Our Virtual CFO services give your business access to senior financial guidance through the Acconate team. We work with management and your existing finance staff to strengthen financial planning, improve reporting and support strategic decisions, with a scope and level of involvement tailored to your needs.
- Cash Flow Management: We prepare cash flow forecasts, identify potential funding gaps and help management plan collections, payments and working capital requirements.
- Budgeting & Forecasting: We develop budgets and forecasts, review actual performance against expectations and explain key variances. Projections are updated as business plans and operating conditions change.
- Debt & Working Capital Oversight: We review borrowing commitments, repayment schedules, receivables and payables to help you understand your liquidity position and funding requirements.
- Management Reporting & Reviews: We prepare and review financial reports with management, highlight key trends and areas of concern, and identify practical actions to improve performance.
- Finance Processes & Controls: We review accounting workflows, payment approvals and reporting processes to improve efficiency, strengthen controls and support timely financial reporting.
- Strategic Financial Support: We assess the financial implications of expansion, investment and other significant business decisions through financial modelling, scenario analysis and evaluation of funding needs.
Why Choose Acconate
We combine professional expertise with a practical understanding of business needs, providing support that is clear, coordinated and suited to your operations.
01
Committed Team:
We take the time to understand your business and provide responsive, practical support tailored to your needs.
02
Timely Delivery:
We plan work around agreed timelines and statutory deadlines, communicating requirements early to support timely completion.
03
Experienced Professionals:
Our team of experienced Chartered Accountants brings over 30 years of combined experience across Accounting, Taxation and Financial Management.
04
Transparent Communication:
We explain financial matters clearly and set out the service scope, fees and information requirements upfront.
05
Quality Assurance :
We apply careful preparation and review procedures to maintain accuracy and consistency across your accounts, reports and filings.
06
Tailored Services:
We adapt our support to your business size, internal resources and stage of growth, whether you need a specific service or broader finance support.
Industries We Work With
We support businesses across a range of industries, tailoring our Accounting, Compliance and Advisory Services to their operating models and reporting requirements.
Trading:
We account for purchases, sales, inventory movements, import costs and supplier balances, with reporting to support margin analysis and financial oversight.
E-commerce:
We reconcile marketplace and online store sales, platform fees, refunds and payment settlements, helping you maintain consistent records across sales channels.
Hospitality:
We support accounting for revenue, supplier expenses and staff costs, with reporting to help management understand performance by outlet or business segment where required.
Food & Beverage:
We reconcile POS sales and payment gateway settlements, account for purchases, inventory and operating expenses, and support reviews of food costs, margins and outlet performance.
Professional Services:
We manage accounting for client billings, receivables and engagement costs, with reporting tailored to client or project profitability.
Consultancy:
We support accounting for project-based revenue, expense claims and contractor payments, helping you understand the financial performance of individual assignments.
Information Technology:
We support accounting and reporting for subscription income, licence revenue, development expenditure and operating costs, with financial insights suited to your business model.
Real Estate:
We account for property-related income, deposits, expenses and financing, with reporting by property where required to support financial oversight.
Industries We
Serve
Every industry has its own accounting quirks. We've supported businesses in:
Don't see your industry? Get in touch. Chances are we've handled something similar
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Singapore Compliance Calendar
Your company’s compliance obligations depend on its structure, financial year-end, GST status and employment arrangements. The following is a general guide to common requirements. We help confirm the deadlines and exemptions applicable to your company.
Company Secretary: Appoint a company secretary within six months of incorporation.
Annual General Meeting: Non-listed companies generally hold their AGM within six months of the financial year-end, unless an exemption applies or the AGM has been validly dispensed with.
Annual Return: Non-listed companies generally file their annual return with ACRA within seven months of the financial year-end, subject to applicable exceptions.
Estimated Chargeable Income: File ECI within three months of the financial year-end, unless a filing waiver applies.
Corporate Income Tax Return: File the applicable Form C-S, Form C-S (Lite) or Form C by 30 November of the year following your financial year-end, unless a filing waiver applies. For example, a financial year ending 31 March 2026 generally has a filing deadline of 30 November 2027.
GST Returns: Submit GST returns and pay the tax due within one month after the end of the prescribed accounting period, generally quarterly.
CPF Contributions: Contributions are due on the last day of the calendar month. Payment must reach CPF Board by the 14th of the following month to avoid enforcement action, or the next working day where the 14th falls on a weekend or public holiday.
Employee Income Reporting: Complete the applicable employment income reporting requirements by 1 March each year, including AIS submission or provision of the relevant forms to employees.
What Our Clients Say
"Acconate has completely streamlined our corporate compliance and bookkeeping. Their team is extremely professional and prompt with ACRA and IRAS filings."
Jason Davis
Director, TechVentures Pte Ltd
"Switching to their outsourced accounting services saved us substantial overhead costs. The monthly management reports give us absolute clarity."
Sophia Lim
Founder, RetailSphere SG
"Their company incorporation and bank account setup guidance made expansion into Singapore seamless for our overseas holding company."
Marcus Koh
Managing Director, Apex Logistics
"Exceptional Virtual CFO advisory! Their financial modeling and cash flow oversight helped us secure our next round of funding comfortably."
Elena Tan
CEO, FinTech Innovations
"Acconate has completely streamlined our corporate compliance and bookkeeping. Their team is extremely professional and prompt with ACRA and IRAS filings."
Jason Davis
Director, TechVentures Pte Ltd
"Switching to their outsourced accounting services saved us substantial overhead costs. The monthly management reports give us absolute clarity."
Sophia Lim
Founder, RetailSphere SG
"Their company incorporation and bank account setup guidance made expansion into Singapore seamless for our overseas holding company."
Marcus Koh
Managing Director, Apex Logistics
"Exceptional Virtual CFO advisory! Their financial modeling and cash flow oversight helped us secure our next round of funding comfortably."
Elena Tan
CEO, FinTech Innovations
Frequently
Asked
Questions
The filing requirements depend on your company’s ownership, solvency and eligibility for any applicable exemptions.
Solvent Exempt Private Companies: A private company with no more than 20 shareholders and no corporation holding a beneficial interest in its shares, directly or indirectly, generally qualifies for a filing exemption if it can meet its debts as they fall due. The exemption relates to filing financial statements with ACRA and does not, by itself, remove the obligation to prepare them.
Overseas-Owned Subsidiaries: A Singapore subsidiary with a corporate shareholder does not qualify as an exempt private company, even if its parent is based overseas. It generally needs to file financial statements with ACRA unless another exemption applies. We assess the filing requirements relevant to your company.
An outsourced accounting firm manages agreed finance functions for your business, such as bookkeeping, reconciliations, financial reporting, payroll and tax compliance. At Acconate, we also provide Corporate Secretarial and Virtual CFO support, allowing you to select services that match your needs.
The right approach depends on your transaction volume, operational needs and internal resources. Outsourcing gives you access to professional support across several finance functions without building a full internal team. We can manage agreed accounting responsibilities or work alongside your existing finance staff.
Yes. Foreigners can generally own all the shares in a Singapore private limited company. The company must meet local requirements, including having at least one director ordinarily resident in Singapore and a Singapore registered office address. We guide you through the incorporation process and the requirements relevant to your circumstances.
A Virtual CFO service provides senior financial guidance without employing a full-time CFO. Acconate delivers this support through our team, working with management on cash flow, budgeting, reporting and strategic financial decisions. It can suit businesses that need more financial oversight than routine accounting alone provides.
Cross-border business structuring advisory considers how companies, ownership and intercompany arrangements are organised across different jurisdictions. We help assess the financial and commercial implications and coordinate with relevant local tax and legal advisers where specialist advice is required.
A sole proprietorship is owned by an individual and is not legally separate from its owner, who is personally responsible for its debts and obligations. A private limited company is a separate legal entity, with shareholders generally enjoying limited liability. The structures also differ in tax treatment, administration and compliance requirements. We help you assess which arrangement suits your business.
XBRL is a structured digital format used to submit financial information to ACRA. Where XBRL filing is required, we tag the financial statements in the applicable format, validate the information and assist with submission.
Yes. We provide payroll support for small teams as well as larger businesses. The service can include salary calculations, itemised payslips, applicable statutory contributions and annual employment income reporting.
The information required depends on the service. For accounting engagements, this generally includes bank statements, sales and purchase invoices, receipts, payroll information and previous financial statements, where available. We provide a checklist suited to your business and the agreed scope.
Our fees depend on the services required, transaction volume, reporting frequency and complexity of your business. After discussing your needs, we provide a quotation setting out the proposed scope and fees.
Contact Acconate
Looking for Accounting, Compliance or Financial Advisory support for your business? Contact Acconate to discuss your requirements and the services that suit your needs.