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Aug 14, 2026
By Demand SG

Ask three accounting firms in Singapore for a quote and you'll get three numbers that look nothing like each other. One quotes S$100 a month. One quotes S$1,400 a year. One says it depends and asks how many invoices you issue.

They're all answering a slightly different question, which is why the numbers don't line up. Accounting in Singapore is really two separate services that get sold under one word, and until you separate them, no quote is comparable to any other.

Here's what each piece actually costs in 2026, and what makes your number land where it does.

The 2 Services Behind Every Accounting Quote

Accounting services in Singapore split into ongoing work and year-end work, and they're priced completely differently.

Ongoing accounting is your bookkeeping through the year: recording invoices, reconciling bank statements, tracking GST, and keeping the ledger current. It's billed monthly, quarterly, or weekly.

Year-end accounting is the statutory package every Singapore company has to produce regardless of activity: accounts preparation, financial statements, tax computation, and the Form C or C-S filing to IRAS. It's billed once per financial year.

A dormant company needs only the second. A GST-registered company with staff and daily transactions needs both. That single distinction explains most of the spread you see in quotes.

 

 

Typical Accounting Costs in Singapore in 2026

Across providers that publish their rates, here's roughly where the market sits.

RoleWhat They HandleReports To
BookkeeperDaily entries, bank reconciliation, ledger upkeep, GST trackingInternal records
Tax accountantTax computation, ECI, Form C or C-S, reliefs, IRAS correspondenceIRAS
Corporate secretaryStatutory registers, annual return, AGM, resolutions, ACRA filingsACRA

Demand SG

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