How much do accounting services cost in Singapore? (2026)

In short: Most SMEs pay a monthly bookkeeping fee set by transaction volume, plus year-end fees for accounts and tax. One provider lists bookkeeping from S$110 a month, financial statements at S$350 a year and corporate tax filing at S$500 per Year of Assessment. GST work and audits are extra.

Accounting fees in Singapore for a small private company usually come in two parts: a recurring bookkeeping fee set by how many transactions you have, and yearly fees for financial statements, the corporate tax return and the ACRA annual return. Published prices we checked in October 2026 start at S$110 a month for monthly bookkeeping at low volume, with year-end accounts and tax filing adding several hundred dollars a year each. Some providers bundle everything into one yearly plan instead, priced by revenue rather than transactions.

This guide shows what providers publish, what pushes the price up, and the costs that are easy to miss. Prices change, so check each provider’s current page before you budget.

Typical accounting fees at a glance

The table below uses prices published on providers’ own websites in October 2026. They are starting prices, not quotes.

A third provider sells all-in yearly plans instead. Its October 2026 page lists plans from S$75 a month (S$898 per financial year) for companies with annual revenue under S$30,000, S$99 a month (S$1,188 a year) and S$227 a month (S$2,728 a year). Its top plan includes GST registration and returns; on the middle plan, GST return filing is a S$1,200 a year add-on. It does not state the GST basis of these prices.

The first provider also publishes a standard compliance bundle of S$990 a year covering company secretary, financial statements and tax filing, which shows how much bundling can change the comparison.

What drives accounting fees

Transaction volume

Most firms price bookkeeping in bands by the number of transactions. One provider we checked defines a transaction as a line on your bank statement. If your business takes many small payments, such as an online shop or a café, your band can rise quickly. Ask each provider how it counts transactions and what happens when you exceed your band.

How often the books are updated

Monthly bookkeeping costs more than a once-a-year catch-up, but it keeps your records current, makes GST returns easier and avoids a scramble at year end. The same provider that charges S$110 a month for low-volume monthly bookkeeping charges S$320 a year when the books are done annually for fewer than 25 transactions a year.

Which filings are included

The biggest difference between quotes is often what sits outside the headline price. Financial statements, the corporate tax return, ECI, the ACRA annual return and XBRL can each be separate items. A low monthly bookkeeping fee can end up costing more over a year than a higher all-in plan.

GST registration

Once registered, a company files GST returns, usually every quarter, and must file a nil return even in a quarter with no transactions. That adds recurring work and a recurring fee.

Complexity

Inventory, several bank accounts, multiple currencies, group companies and marketplace sales all add time. Some providers adjust their price if your revenue or volume turns out higher than the plan assumed.

Audit

Many small private companies qualify for audit exemption under ACRA’s small company concept. If yours does not, the audit is a separate engagement with a public accountant registered with ACRA, and its fee is on top of everything above.

Hidden and ongoing costs

These are the items that most often appear after you sign:

• Backlog work. Catching up on months or years of missed bookkeeping is usually quoted separately. One plan provider lists historical accounting work at S$898 a year.
• XBRL. If ACRA requires your financial statements in XBRL, expect a separate fee. One provider lists S$250 per filing; another lists S$330 a year for simplified XBRL and S$550 a year for full XBRL.
• Urgent filing. Leaving it late can cost more. One provider lists an urgency filing fee of S$750 where applicable.
• Payroll. Often sold alongside accounting but priced per employee. See our payroll outsourcing cost guide.
• Company secretary. The annual return and AGM paperwork may sit with a separate secretarial fee. See our corporate secretary fees guide.
• Penalties. ACRA lists late filing penalties for annual returns of S$300 up to three months after the deadline and S$600 after that. These are the company’s liability, so check who is accountable for deadlines in your engagement letter.
• GST on the fee. Some providers publish prices before GST, some do not say. Compare like with like.

How to get comparable quotes

Quotes only compare well when every provider prices the same brief. Send each one the same short description:

1. Your company type and financial year end.
2. Roughly how many bank transactions you have each month, and how many bank accounts.
3. Whether you are GST-registered or close to the S$1 million taxable turnover threshold.
4. Which filings you want handled: bookkeeping, financial statements, ECI, Form C-S or Form C, annual return, XBRL.
5. Any backlog, and how many months.
6. The accounting software you use now, if any.

Then ask each provider to return an itemised quote that separates monthly fees from yearly filings, and states whether GST and ACRA government fees are included. Ask how they count transactions and what a change of band costs. If one quote is far below the others, check what it leaves out before treating it as cheaper.

Questions worth asking:

• Who will handle our account, and what are their qualifications?
• What do you need from us each month, and by when?
• Will you warn us before we approach the GST threshold or lose audit exemption?
• If we leave, do we keep our accounting file and records?

Grants

Grants generally do not cover outsourced accounting services. If you are buying accounting software, the Productivity Solutions Grant closed to new applications at the end of September 2026, and ready-made software may now be supported under the EDGE Grant. Our page on grant support for accounting software explains how this works. Check Enterprise Singapore’s current conditions before you commit, as support depends on your company and the solution.

A rough first-year budget

As an illustration only, using one provider’s published prices: a small non-GST company with fewer than 25 bank transactions a month that buys monthly bookkeeping, financial statements, tax filing and annual return filing would pay S$1,320 for bookkeeping, plus S$350, S$500 and S$200, or S$2,370 for the year before any GST, XBRL or backlog. The same company doing yearly bookkeeping with that provider would pay less. A plan-based provider might charge a single yearly figure instead. The point is to add up every line for your own case, not to compare headline monthly prices.

Where to look next

To see which firms serve companies like yours, browse our accounting firms directory or read our ranking of accounting firms in Singapore. Our accounting firm matching page explains what each service covers and the ACRA and IRAS deadlines in more detail. If you would rather have quotes come to you, describe your company there and a concierge will introduce one to five accounting providers who will quote on the same brief. The GST calculator helps when a quote is shown before GST.