Our outsourced accounting services are provided on a monthly, quarterly, or yearly basis. We handle every aspect of your financial record-keeping so you can get a clear picture of your business finance without the hassle of managing an in-house team.
We also provide detailed management reports that help you with decision-making. Examples are profit and loss accounts and balance sheets AND aged financial analysis of debtors and creditors.
Our services also cover day-to-day transactions and complex financial structures by providing the following:
Gone are the days when businesses needed in-house accountants to handle their financial records. Today, professional accounting services have numerous benefits for financial health management and growth.
Connecting with a third-party accounting services provider like Corporate Services Singapore lets you pay per service used. No more worries about overhead costs and employee benefits expenses!
Outsourcing accounting brings diverse skill sets to your company. Benefit from our tax experts, auditors, financial analysts and compliance specialists.
Let your employees do what they do and know best and outsource the rest. By doing this, you can focus on strategising based on your growth trajectory. With accounting professionals handling your financial operations, your CFO can shift from routine bookkeeping oversight to higher-value activities like financial planning and proactive risk management.
Outsourcing your accounting functions creates a separation of duties that reduces the opportunities for fraud. Unlike in-house accounting teams where they might have excessive access to financial systems, outsourced providers implement robust checks and balances to ensure the integrity of your financial and accounting information.
The end of a financial year can be a stressful time for everyone. This is the time when businesses close their accounts, collect records, and document and store them. Having professional accounting services by your side to help with year-end closings, audits, and taxation requirements saves you from the financial distress you’d have to face doing it by yourself.
Corporate Services Singapore is confident in our expertise that we offer a 30-day money-back guarantee. If you decide to end your partnership with us within 30 days, we will refund half of the accounting fees you paid before we process the termination request.
We will set up your company’s chart of accounts for free and guide you through the setup process, explaining everything so you understand the financial decisions you need to make.
There are no switching fees if you wish to engage another accountant. We’ll take care of the switching process so it’s hassle-free on your end.
Meet Hans, an experienced accountant with 20+ years of guiding companies through mergers, acquisitions, and cross-border transactions in Southeast Asia. He will help you gain a fresh perspective and approach to achieving your business goals.
Have a team of trained staff and a qualified accountant in Singapore ready from Day 1 of your business.
Here is our complete list of outsourced accounting services your company can benefit from:
Our accounting services are fixed-price but our packages are customisable, with a one-year contract to help you save money in the long run.
Our packages include a FREE service consultation where we discuss your accounting needs in detail and recommend the best package option for you, of course with no obligation. If there is no package that fits your needs, we can tailor a custom package for you.
Prices are recurring monthly fees listed in Singapore dollars.
*Value price is only for clients who have purchased a package.
| Usual Price | *Value Price | |
|---|---|---|
| Additional monthly transactions (per extra band of 20 transactions) | $200 | $150 |
| Additional staff member for payroll (that is per person) | $60 | $50 |
| Initial CPF setup and Form 1/GIRO submission (one-time only) | $250 | $200 |
| Annual IR8A form preparation (per employee) | $50 | $40 |
| GST reporting and submission (per quarter) | $250 | $200 |
| Monthly use of registered Singapore business address | $75 | $55 |
| Recurring mail scanning service (monthly) | $30 | $20 |
| Yearly compilation of unaudited financial statements | $1200 | $1000 |
| ECI submission, tax computation, and Form C-S filing for simple companies (minimum from per annum) | $800 | $700 |
| ECI submission, tax computation, and Form C filing for complex companies (minimum from per annum) | $1500 | $1200 |
| Corporate secretarial service for small companies with simple structure including named secretary, preparation of AGM documents and filing of annual return to ACRA | $1000 | $900 |
| Annual XBRL financial highlight submission reporting | $300 | $250 |
| Annual Full set XBRL submission reporting | $1200 | $900 |
We have a team of payroll professionals to make sure that your employees are paid correctly and on time. You also have access to the latest business information through comprehensive reports.
All essential reports are included in our packages, such as income statements, bank reconciliation statements, debtors & creditors ageing reports, and more!
The assigned accountant will be responsible for keeping records of your accounts. Reach out to them directly via email for formal correspondence.
All your accounts are reviewed regularly so you can have a bird’s eye view of your business’s financial health.
24/5 email and telephone support from 9 AM to 6 PM
We work with your team to implement and delegate responsibilities.
We can use your existing software, migrate to a new software, or use our in-house software. Your choice.
Enjoy seamless accounting that can facilitate third-party audits and reviews!
We can formulate a custom CoA or enhance an existing one as a way to organise finances and give interested parties like shareholders and investors a clearer view of your company’s financial health.
You will have an accounts manager assigned to you, in charge of your financials monthly for accurate and updated financial data. You can communicate with them via phone call or email.
We guarantee successful monthly closing of accounts and reports delivery. The month-end closing process will be smooth and efficient.
Contact us today for a no-obligation discussion and quote.
Corporate Services Singapore developed a workflow process that’s easy and effective. Setting up takes less time than you might think because of our extensive experience in accounting, auditing, tax services and company secretarial services.
We estimate that company directors will need about two hours of their time to set everything in motion. And then about four hours from your accountant to hand over the accounts to us.
| Difference | Bookkeeping (Bookkeeper) | Accounting (Accountant) |
|---|---|---|
| Objective | Keep accurate records of a company’s financial transactions |
Help with decision-making by examining a firm’s financial situation and providing financial information |
| Starting point | Raw business data gathered from various sources like receipts, bank statements, cash registers, warehouse logs, purchase orders, and sales order books |
Financial information gathered and recorded by a bookkeeper, to be analysed and interpreted by the accountant |
| Required skills | Must know how to prepare an accurate financial picture by being able to manage financial books and oversee accounts; well-versed with concepts such as journal entries, ledger accounts and types, and the effect of passing these entries; alertness and thoroughness |
Possess financial wisdom; ability to make timely and measured decisions, think outside the box, and balance the risk and return trade-off for the company |
| Day-to-day routine activities |
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| Level of responsibilities | A bookkeeper is usually part of low- or middle-level management. The data they provide may not be the sole determiners of a business’s operations, but their role is crucial in ensuring that all transactions are accurately and systematically recorded. |
An accountant is part of middle-level management, responsible for presenting an accurate and impartial view of the finances of the company to management and different stakeholders. |
This scenario is usually found in small and medium-sized companies in Singapore. The company’s monthly transactions reach up to 200 transactions in term of sales, purchases, receipts and payments. It employed a junior accountant to do monthly closing of accounts, payroll for up to five staff, and quarterly GST submissions.
Since the position is for a junior accountant, the hired accountant may not have the experience to handle issues such as improper handling of accounting treatment due to incorrect entries, misinterpretation of income statements, and more.
The client decided to outsource their accounts to us, saving about S$44,000 per annum. We have an expert team to handle monthly accounts, payroll and GST submissions. Enjoy accurate records and timely delivery of reports, all for an affordable outsourced accounting service.
A multinational company operating for more than 12 years in Singapore employed a finance manager because the company’s cash flow was unhealthy due to the increase in staff costs over the years.
Its monthly transactions reach up to 200 transactions in terms of sales, purchases, receipts and payments. The finance manager’s role consists of monthly closing of accounts, payroll (up to 10 staff), quarterly GST submissions, dealing with auditors and tax agent, and communicating with holding companies for monthly and yearly reporting packages.
The client then decided to outsource their accounts to us which saved them S$64,425 per annum (equivalent to 73% savings). We have expert staff to handle all documents and processes, that is why the client is extremely happy with our partnership. They were able to reduce costs and meet relevant deadlines. A great win!
Are you wondering how much you could save by outsourcing your accounting? See for yourself how big of savings you can get with junior-accountant level services and use these as funds to grow your business rather than paying administrative overhead costs.
| Junior Accountant | Finance Manager | |
|---|---|---|
| Basic salary | S$3,500 | S$5,500 |
| CPF 17% | S$595 | S$935 |
| AWS pro-rated in 1 month | S$291.67 | S$458.33 |
| CPF on AWS | S$49.58 | S$77.92 |
| 14 day Annul Leave plus CPF | S$221 | S$347 |
| Medical Insurance & Leave | S$50 | S$50 |
| Staff cost per month | S$4,707 | S$7,368 |
| Our Fees | S$999 | S$1,999 |
| Savings Per Month | S$3,708 | S$5,369 |
| Savings Per Year | S$44,493 | S$64,425 |
| Savings % | 79% | 73% |
The first step is to navigate to BizFile+. Look for “File annual returns” and click it to file. Select the appropriate option: “Annual Return by Local Company (For FYE from 31 August 2018)” or “Annual Return by Local Company (For FYE before 31 August 2018)”.
You will need to pay S$60 and submit the AR 30 days after the AGM (Annual General Meeting). For the following years, return submissions will be much easier as the form will be pre-filled. All that’s left to do is to verify the accuracy of the existing details and provide the missing information.
All company directors are responsible, regardless of their involvement in the business operations.
Unaudited financial statements are those prepared internally by the management team but were not verified independently by an external auditor. The goal is to show the financial status of a company and gain some quick insights.
Outsourced accounting services involve the decision of delegating accounting functions to a third-party provider instead of handling them internally. These usually include bookkeeping, payroll processing, tax preparation, financial reporting and other accounting-related tasks.
The following are the conditions that should be checked so you know when is the time to outsource:
Per ACRA, all companies need to file all their financial statements and reports in XBRL format. Fortunately, the Authority has provided a free tool to make your preparations easier.
Let a professional do a professional’s job. If you are like most business owners, you should focus your time and energy on building your company’s reputation and growth.
Your company should maintain proper and accurate records of all its financial transactions and retain the source documents and other records of transactions connected with your business for at least 5 years from the Year of Assessment.
Our range of computerised accounting services for Singapore companies is as follows:
Yes for both. We don’t engage in cheap sales tactics of listing high fees and then giving ‘discounts’ to trick customers. We only practise fair and transparent pricing policies. We also do not lock our clients by giving more than three-month notices like many other service providers because we believe that good service is built by establishing long-term client-customer relationships.
The following are the accounting requirements that businesses must comply with:
Small businesses are not required to have an accountant but if you are an owner of one and notice that you are paying too much in taxes, the presence of one can clarify what taxes you are paying and how to further reduce your liabilities.
Singapore remains one of the world’s most attractive places to establish a business. From its 5th rank in 2024, it
The landscape of employment law in Singapore has undergone a significant transformation. In August 2025, the Ministry of Manpower (MOM)
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Singapore remains one of the world’s most attractive places to establish a business. From its 5th rank in 2024, it
The landscape of employment law in Singapore has undergone a significant transformation. In August 2025, the Ministry of Manpower (MOM)
