How Much Do Accounting Services Cost in Singapore? (2026 Price Guide)
By Lucas Seah, Founder of Excellence Singapore Group | Last Updated: June 2026
Accounting services in Singapore typically cost from about S$80 to S$200 a month for a small non-GST company, S$200 to S$500 a month for a GST-registered SME, and S$500 to S$1,500 or more a month for higher-volume or audit-required companies. A dormant company pays from around S$300 a year. The exact fee depends on your transaction volume, GST status, and the scope of work.
This price guide breaks the cost down by company profile, explains what is included at each level, and shows the five things that actually drive the price, so you can judge a quote and avoid paying for scope you do not need.
Key Takeaways
- Small non-GST companies pay roughly S$80 to S$200 a month; GST-registered SMEs roughly S$200 to S$500; larger or complex companies S$500 to S$1,500 or more.
- Dormant companies pay from about S$300 a year, since their filing obligations are minimal.
- The main cost drivers are transaction volume, GST registration, payroll, whether you need an audit, and how clean your existing records are.
- A standalone annual corporate tax filing runs roughly S$400 to S$2,000; company secretary work often bundles in at S$300 to S$900 a year.
- Outsourcing is far cheaper than the S$55,000-plus annual cost of one in-house accountant for most SMEs.
How Much Do Accounting Services Cost in Singapore?
There is no single price, because a dormant holding company and a busy GST-registered trading firm need very different amounts of work. The most useful way to budget is by company profile. The table below shows the typical Singapore market ranges in 2026, drawn from published provider pricing.
| Company profile | Typical fee | What it usually covers |
|---|---|---|
| Dormant company | S$300 to S$600 per year | Annual return, simple tax filing or waiver, basic records |
| Micro / non-GST, low volume | S$80 to S$200 per month | Bookkeeping, year-end accounts, ECI and tax filing |
| GST-registered SME | S$200 to S$500 per month | The above plus quarterly GST F5 returns |
| Higher-volume or audit-required | S$500 to S$1,500+ per month | Full accounting, management reports, audit liaison |
| Standalone annual tax filing | S$400 to S$2,000 per year | ECI and Form C-S / C only |
| Company secretary (often bundled) | S$300 to S$900 per year | Named secretary, AGM and annual return |
The chart below shows the three main monthly tiers side by side.
What Is Included at Each Price Point
Knowing what a fee should cover helps you compare quotes fairly. As a rule of thumb:
- Entry level (around S$80 to S$200 a month): monthly or quarterly bookkeeping, bank reconciliation, year-end unaudited financial statements, and the annual ECI and corporate tax filing. Suitable for a small company with modest transaction volume and no GST.
- Mid level (around S$200 to S$500 a month): everything above plus quarterly GST F5 returns, more transactions, and usually a set of management accounts so you can track performance during the year.
- Full service (S$500 a month and up): high transaction volumes, multiple bank accounts or currencies, management reporting, payroll, and liaison with an auditor where an audit is required.
Payroll is usually priced separately, often around S$15 to S$40 per employee per month, and pairs naturally with accounting; see our payroll services guide.
What Drives the Cost of Accounting Services?
Five factors explain almost every difference between one quote and another. Across thousands of SME engagements, these are the levers we see drive the fee.
- Transaction volume. More invoices, expenses, and bank lines mean more bookkeeping hours, which is the single biggest driver.
- GST registration. Quarterly GST F5 returns add a recurring filing each quarter. If you are approaching the threshold, see our GST registration guide.
- Whether you need an audit. Most small companies are exempt. A private company that meets at least two of three criteria, namely revenue of S$10 million or less, assets of S$10 million or less, and 50 or fewer employees, qualifies as a small company exempt from audit. If you do need one, audit liaison adds to the fee; see our guide to audit exemption and the small company concept.
- Payroll and headcount. Each employee adds a monthly processing cost and CPF and IR8A obligations.
- The state of your records. If a provider has to clean up a backlog or fix prior-year errors before starting, expect a one-off catch-up fee. Clean books from the start keep the ongoing fee low, which is one reason good bookkeeping matters.
Monthly, Annual, or Per-Service Pricing?
Providers price in three ways. A monthly retainer spreads the cost evenly and suits a company with steady activity. An annual package can be cheaper for a low-volume or dormant company that mainly needs year-end work. Per-service or ala-carte pricing, where you pay for the corporate tax filing or GST return as a one-off, suits a very small company that keeps its own books and only needs the filings done. The corporate tax return is due by 30 November each year, with Form C-S (Lite) for revenue up to S$200,000 and Form C-S up to S$5 million, so a standalone filing is a defined, one-off job.
Outsourced vs In-House: The Bigger Cost Picture
The fees above look very different next to the cost of hiring. A full-time accountant in Singapore costs roughly S$55,000 to S$75,000 a year once you add CPF and overheads, so even a full-service outsourced package at S$1,500 a month, about S$18,000 a year, is a fraction of that. This is why most SMEs outsource. Our outsourced accounting guide explains how the service works, and our comparison of outsourcing vs in-house covers the cases where hiring still makes sense.
How to Get an Accurate Quote
To get a quote you can rely on, tell the provider your monthly transaction volume, your GST status, your headcount for payroll, your financial year end, and whether your books are up to date. With those five facts a firm can price the work accurately rather than giving a vague range. If you are comparing firms, our roundup of the best accounting firms in Singapore and our buyer guide on how to choose an accounting firm will help. For the full obligations behind the fee, see our accounting compliance guide.
Frequently Asked Questions
How much do accounting services cost per month in Singapore?
For a small non-GST company, roughly S$80 to S$200 a month. For a GST-registered SME, roughly S$200 to S$500 a month. For higher-volume or audit-required companies, S$500 to S$1,500 or more a month. The figure depends mainly on transaction volume, GST status, and scope.
How much does a bookkeeper charge in Singapore?
Standalone bookkeeping for a small business runs roughly S$90 to S$300 a month, rising with transaction volume. Bookkeeping is cheaper than full accounting because it is more routine; a bundled service that adds year-end accounts and tax filing costs more but is usually better value overall.
How much does it cost to file corporate tax in Singapore?
A standalone annual corporate tax filing, covering ECI and Form C-S or C, typically costs roughly S$400 to S$2,000 depending on complexity. Most companies get tax filing bundled into their monthly accounting package rather than paying for it separately.
Why are accounting fees so different between providers?
Because scope differs. One quote may include GST returns, payroll, and management accounts while another covers only basic bookkeeping and the year-end filing. Always compare what is included, not just the headline price, and check whether a catch-up fee applies to clean up existing records.
Is it cheaper to do my own accounting?
Doing your own bookkeeping on cloud software can save money if you have the time and the volume is low, but the tax and statutory filings should still be reviewed by a qualified person. For most owners, the time saved and the avoidance of late-filing penalties make outsourcing the better value.
How much does accounting cost for a dormant company?
A dormant company pays from around S$300 to S$600 a year, because its obligations are minimal: an annual return to ACRA and either a simple tax filing or a waiver application with IRAS, plus keeping basic records. It is the cheapest profile to service.
Talk to Us
A clear, fixed fee beats a surprise invoice. Excellence Singapore provides accounting services for Singapore SMEs with pricing matched to your transaction volume and scope, so you know exactly what you pay and what it covers. Tell us about your company and we will give you an accurate quote.
