Top 7 Bookkeeping Companies in Singapore for Startups and SMEs

Bookkeeping services in Singapore help startups and SMEs maintain accurate financial records, prepare tax filings, and stay compliant with Accounting and Corporate Regulatory Authority (ACRA) and Inland Revenue Authority of Singapore (IRAS) requirements.

The best provider depends on your transaction volume, reporting needs, software preference, and whether you need extra support such as payroll, GST, XBRL, or tax filing.

If you’re looking for bookkeeping services in Singapore, this guide will explain why bookkeeping is so important and guide you to the top seven bookkeeping services in Singapore that help simplify financial management for startups and SMEs.

How this guide evaluated bookkeeping services in Singapore

This guide evaluates bookkeeping and accounting providers available to Singapore-registered businesses, from startups and SMEs to foreign-owned companies with ongoing compliance needs. Providers with unclear Singapore availability, limited public service information, or no relevant bookkeeping/accounting support were excluded.

What we looked at:

• Service coverage: bookkeeping, accounting, tax filing, GST support, payroll, XBRL, management reports, and audit preparation.
• Compliance fit: familiarity with Singapore recordkeeping, IRAS tax filing, ACRA annual filing, and financial statement requirements.
• Technology and tools: Xero, QuickBooks, proprietary platforms, document portals, bank feeds, automation, and online collaboration.
• Accessibility: onboarding clarity, remote support, suitability for foreign founders, and whether services can be managed online.
• Pricing transparency: public fees, package-based pricing, quote-based models, add-ons, and scalability as the business grows.

Information sources:

The comparison is based on official provider websites, service pages, pricing pages, company information pages, IRAS/ACRA references, and relevant industry reports. Since service scope and fees may change, businesses should confirm the latest details directly with each provider before engagement.

Top 7 bookkeeping services in Singapore for startups and SMEs

The best bookkeeping service in Singapore depends on whether your business needs basic transaction recording, cloud accounting, statutory compliance, tax filing, payroll, GST, or advisory support.

The table below summarizes seven providers commonly considered by startups and SMEs.

*Data verified as of June 2026. For real-time updates and the latest offerings, please refer to the provider’s official site.

1. Sleek

Sleek was founded in Singapore in 2017 and has around 500 employees. Its bookkeeping and accounting services are designed for business owners who want cloud-based administration, clear packages, and support with annual or monthly reporting.

Sleek offers bookkeeping, accounting, tax return filing, payroll options, and expense management under tiered plans. Depending on the plan, businesses may use Sleek’s own platform, SleekBooks, or Xero support.

Key features:

• Annual, monthly, or weekly bookkeeping depending on plan
• Assigned accountant support
• Annual or monthly management reports
• Annual tax return filing
• Xero accounting software included
• Digital document storage, receipt submission, expense management tools, and e-signature support

Pros:

• Very clear public pricing compared with many traditional firms
• Strong digital platform experience
• Xero is included in the accounting package
• Suitable for founders who want an online-first bookkeeping workflow
• Multiple plan levels make it easier to choose based on reporting needs

Cons:

• Plans are billed annually, which may be less flexible for very early-stage businesses
• Support response time varies by plan
• Some businesses may not need the full platform bundle
• Higher-tier plans may be needed for advanced bookkeeping, payroll, or more frequent review

Best for: Sleek is best suited for digital-first startups and SMEs that want transparent pricing, online bookkeeping, Xero integration, and structured accounting packages.

2. BBCIncorp

BBCIncorp Singapore is the local arm of BBCIncorp Group, operating through BBCIncorp Pte. Ltd. since 2019. The group supports businesses across more than 18 jurisdictions with incorporation, accounting, and compliance services.

BBCIncorp has supported over 9,000 successful cases across its corporate services network. It is also highly rated by customers, with its Trustpilot score generally around 4.5 stars and more than 90% of customers reporting complete satisfaction.

BBCIncorp is the all-in-one solution hub for going global, helping entrepreneurs establish, manage compliance for, and expand their Singapore businesses with fewer administrative challenges.

For SMEs and foreign founders, BBCIncorp provides accounting and bookkeeping services in Singapore powered by Xero, together with technology-enabled compliance management and document administration.

Through the dedicated BBCI Client Portal, clients can centralize company records, compliance documents, filing status, and key business information in one place, with real-time access when needed.

As a Xero Gold Partner, BBCIncorp is also a practical choice for companies looking for a Singapore bookkeeping service that connects day-to-day record keeping with tax filing, statutory accounts, and wider corporate compliance.

Key features:

• Xero-based cloud accounting and bookkeeping support
• Management accounts, including balance sheet, profit and loss statement, and general ledger
• Annual tax filing support and unaudited financial statements
• BBCI Client Portal for centralized company and compliance management
• Additional support for payroll, GST registration, XBRL preparation, personal tax filing, and dormant company accounting

Pros:

• Strong fit for foreign entrepreneurs and cross-border businesses
• Bookkeeping is integrated with wider Singapore compliance support
• Transparent starting price for basic accounting services
• Uses Xero for cloud-based financial visibility
• Suitable for companies that want one provider for bookkeeping, tax, and corporate compliance

Cons:

• Final pricing depends on revenue, transaction volume, and service scope
• Businesses looking for a purely self-service accounting app may prefer a more software-led provider

Best for: BBCIncorp is best suited for startups, SMEs, and foreign-owned Singapore companies that want bookkeeping, annual tax filing, and statutory compliance handled under one corporate services provider.

3. Counto

Counto is a Singapore-based accounting and bookkeeping provider with a listed employee range of 51–100. Counto Pte. Ltd., although the Counto brand appears to have operated earlier under related branding. Its services are designed for SMEs that prefer automation-supported accounting rather than a fully manual process.

Counto’s plans cover annual reporting, monthly reporting, GST support, management reports, and payroll add-ons. It is a practical option for SMEs that want transparent packages and recurring accounting support with a technology-led workflow.

Key features:

• AI-powered accounting and bookkeeping platform
• Annual and monthly bookkeeping plans
• Corporate tax filing and ECI support included in accounting plans
• Multi-currency accounting and AP/AR management
• Dedicated support team including customer success, bookkeeping, accounting, and tax specialists
• Add-ons for payroll, company secretary, catch-up bookkeeping, and Virtual CFO support

Pros:

• Clear public pricing for annual, monthly, and CFO-level plans
• Strong automation and platform-led workflow
• Unlimited transactions are highlighted in its plans
• Suitable for companies that want bookkeeping, tax, payroll, and company secretary services connected in one system
• Good fit for founders who want real-time status tracking and digital visibility

Cons:

• Pricing can scale based on revenue or transaction volume
• Monthly payment costs extra compared with annual billing
• Companies already committed to another accounting system may need migration or syncing
• Some advanced needs, such as complex CFO support, require higher-tier plans

Best for: Counto is best suited for SMEs, online sellers, tech startups, and growing businesses that want automated bookkeeping with tax filing and finance operations support.

4. 3E Accounting

3E Accounting was established in Singapore in 2011 and has a publicly listed employee range of 51–200. It is suitable for SMEs that prefer a traditional service provider with publicly listed bookkeeping fees.

Its bookkeeping services can cover accounting records, GST submission and e-filing, ad hoc accounting, and broader compliance support. This makes 3E Accounting a practical option for businesses that want local accounting assistance together with other corporate services.

Key features:

• General ledger maintenance
• Accounts payable and accounts receivable ledger maintenance
• Bank reconciliation across accounts and currencies
• Fixed asset ledger maintenance and depreciation schedules
• Monthly, quarterly, and year-end financial statements and reports
• GST return preparation and IRAS e-filing, where applicable
• Catch-up bookkeeping for backlogged accounts

Pros:

• Clear entry-level bookkeeping price
• Broad service range covering accounting, tax, incorporation, immigration, and compliance
• Suitable for SMEs that want traditional accounting support
• Can support annual, quarterly, or monthly bookkeeping arrangements
• Provides cloud accounting support through Xero and QuickBooks Online

Cons:

• Final pricing depends on transaction volume and business complexity
• GST filing and other add-ons may be charged separately
• The service structure may require clarification before engagement because 3E offers many related corporate services
• May feel more traditional than tech-first platforms for founders who prefer a fully digital interface

Best for: 3E Accounting is best suited for SMEs that want a traditional corporate services provider with bookkeeping, accounting, tax, and compliance support under one firm.

5. Margin Wheeler

Margin Wheeler is a Singapore corporate services provider whose official website states it was established in 2011, while its LinkedIn page lists 2012 as the founding year. Its accounting packages are structured around monthly, quarterly, or yearly reporting needs.

For SMEs, Margin Wheeler can support bookkeeping, full sets of accounts, GST-related work, financial reporting, and accounting reviews.

Key features:

• Monthly, quarterly, and yearly accounting arrangements
• Full set of accounts preparation, including profit and loss statement, balance sheet, bank reconciliation, and debtor/creditor listings
• Accounting review and investigation services
• GST and statutory compliance support
• QuickBooks and Xero-enabled bookkeeping
• Registered filing agent and ISCA-accredited accounting support

Pros:

• Publicly listed starting prices for monthly, quarterly, and yearly accounting
• Strong local Singapore positioning
• Suitable for businesses that prefer human support over chatbot-led service
• Offers both bookkeeping and broader corporate services
• Can arrange onsite accounting support for businesses that need physical document handling

Cons:

• Homepage lists accounting and tax as custom-priced, so businesses should confirm the full quote before engagement
• Onsite accounting is custom-quoted and not included in standard online pricing
• Pricing may vary depending on transaction volume, reporting frequency, and complexity
• Less suitable for founders who want a primarily software-first bookkeeping experience

Best for: Margin Wheeler is best suited for Singapore SMEs that want local, relationship-based bookkeeping and accounting support with flexible monthly, quarterly, or annual service options.

6. Osome

Osome is a digital business management platform founded in 2017. In Singapore, it supports entrepreneurs with incorporation, accounting, bookkeeping, payroll, and corporate secretary services through an app-based workflow and expert support.

Osome’s accounting packages are suitable for startups and SMEs that prefer online collaboration, automated reconciliation, document uploads, management reports, and access to accounting support without relying on manual email-heavy workflows.

Key features:

• Bookkeeping and accounting for Singapore companies
• Automatic reconciliation and financial reports
• In-app accountant support
• Payroll and corporate secretary add-ons
• Online document management and compliance reminders

Pros:

• Strong digital workflow for founders and small teams
• Clear app-based communication and document handling
• Useful for startups wanting accounting and admin support together

Cons:

• Service levels can vary by plan and business size
• May be less suitable for companies needing highly customized advisory
• Some add-ons, such as GST filing, payroll, or historical accounting work may require separate fees depending on the selected plan.

Best for: Osome is best suited for startups and SMEs that want digital bookkeeping, app-based accountant support, and accounting workflows that can be managed online.

7. Statrys

Statrys is a fintech and business services group founded in 2020 by Bertrand Théaud. Its official company information positions Statrys as a digital back-office platform for SMEs, combining accounting, business accounts, and company incorporation under its ABC model.

For Singapore businesses, Statrys offers accounting services that connect bookkeeping with business account activity and company administration. Its services include transaction reconciliation, financial statements, corporate tax filing, GST-related support, Xero integration, and ongoing accounting assistance.

Key features:

• Bookkeeping and transaction reconciliation
• Financial statements and corporate tax filing support
• GST-related support where applicable
• Xero integration for business account transactions
• Accounting connected with business account and company admin services

Pros:

• Good fit for SMEs wanting accounting and payment activity in one ecosystem
• Xero integration helps reduce manual transaction handling
• Useful for founders who want business account and admin services connected

Cons:

• Not a traditional bank; it should be treated as a fintech/payment services provider
• Businesses should confirm whether accounting service requires a Statrys business account

Best for: Statrys is best suited for SMEs that want bookkeeping, accounting, business account activity, and company administration managed through a connected digital platform.

Why do startups and SMEs need bookkeeping services in Singapore?

Bookkeeping is the process of systematically recording, organizing, and managing a company’s financial transactions. This includes tracking income, expenses, and assets to ensure financial transparency.

Singapore businesses need bookkeeping service for several key reasons:

Cost efficiency

For startups and SMEs, hiring a full-time, in-house accountant can be a significant expense. Outsourcing bookkeeping services provides a more budget-friendly alternative, offering flexible payment plans to suit your needs.

Accuracy and compliance

Startups and SMEs must file accurate financial statements with ACRA annually, following local accounting standards. Professional bookkeeping services ensure compliance by accurately recording financial transactions, which is essential for maintaining the integrity of financial statements.

Singapore has strict accounting standards for businesses, including the requirement to maintain proper financial records. Bookkeeping services help businesses meet these regulations and avoid penalties.

Investor confidence

For startups seeking investment, having well-maintained financial records can increase investor confidence and facilitate the fundraising process.

Time-saving

70% of business owners dedicate more than 90 hours each year to accounting. Running a business involves numerous tasks, and bookkeeping can be time-consuming for startups and SMEs. By outsourcing these services, businesses can focus on their core operations while leaving the financial management to experts.

Now that we’ve established why bookkeeping is vital, let’s review some of the best bookkeeping companies in Singapore tailored specifically for startups and SMEs.

How to choose a reliable bookkeeping company in Singapore?

A reliable bookkeeping company should match your business stage, compliance obligations, reporting needs, and preferred workflow.

In Singapore, bookkeeping is not only an internal admin task. According to IRAS’s record keeping requirements, companies must maintain proper records and accounts for at least five years from the relevant Year of Assessment⁽¹⁾. The right provider should therefore help you maintain records that are accurate, accessible, and ready for tax and statutory filing.

1. Define your actual bookkeeping needs

Start by listing what you need now and what you may need in the next 12 months. A newly incorporated company with few transactions may only need annual bookkeeping and tax filing support. A growing SME may need monthly management accounts, payroll support, GST returns, budgeting, or investor-ready reports.

You should also check whether your business has cross-border transactions, multi-currency revenue, inventory, recurring subscriptions, or frequent reimbursements. These factors can make bookkeeping more complex because they affect reconciliation, tax treatment, and reporting accuracy.

2. Check whether tax filing is included

Bookkeeping and tax filing are closely connected, but not every bookkeeping package includes tax computation, ECI, or Form C-S/Form C-S Lite/Form C filing.

In Singapore, companies generally need to file Estimated Chargeable Income within three months⁽²⁾ from financial year-end and submit their corporate income tax return annually, even if they did not earn income or made losses.

Ask the provider whether they only record transactions or also prepare tax documents. A reliable bookkeeping company should clearly state whether the package includes financial statements, tax computation, ECI filing, and corporate tax return preparation.

If tax filing is charged separately, confirm the additional fee and deadline workflow before engagement.

3. Review software and cloud accounting support

Bookkeeping is easier to manage when your provider works with cloud accounting software such as Xero or similar tools. Cloud-based workflows can reduce manual data entry, improve access to financial reports, and make collaboration easier between founders and accountants.

4. Confirm response time and support model

A bookkeeping company should be responsive when you need clarification on records, filings, missing documents, or tax deadlines. Check whether you will work with a dedicated accountant, a support team, or a general inbox.

For SMEs, support quality matters because small errors in bookkeeping can affect tax filing, GST reporting, cash flow decisions, and investor reporting. Before signing, ask how quickly the team responds, how documents are collected, and whether they remind you before key filing deadlines.

5. Compare pricing transparency

Before choosing a provider, request a clear breakdown of fees. Confirm whether the quotation covers bookkeeping, management accounts, tax filing, payroll, GST, XBRL, and financial statement preparation.

Public pricing from Singapore accounting providers shows why this matters. Some providers charge annual bookkeeping from a few hundred dollars per year for low-transaction companies, while monthly accounting packages can increase depending on transaction volume, reporting frequency, and service scope.

A low headline fee may not include tax filing, GST returns, payroll, XBRL, catch-up bookkeeping, or cleanup work.

6. Look for scalable compliance support

Your bookkeeping needs will change as your company grows. IRAS states that businesses must register for GST if taxable turnover exceeds S$1 million under the retrospective view, or is expected to exceed S$1 million in the next 12 months under the prospective view⁽³⁾.

Once your company becomes GST-registered, bookkeeping usually needs to be more structured because GST reporting must be supported by accurate transaction records.

From 1 July 2025, businesses liable for GST registration under the prospective view receive a two-month grace period before their GST registration takes effect. However, the application must still be submitted within 30 days after the forecast date⁽⁴⁾.

This makes it important to work with a provider that can monitor turnover, maintain supporting documents, and prepare GST-ready records before registration begins.

You should also consider whether your provider can support financial statements and XBRL-related requirements. According to ACRA’s filing requirements, Singapore-incorporated companies must file financial statements in XBRL format unless exempted⁽⁵⁾.

A provider that can also support corporate tax, payroll, GST, XBRL, annual filing, and audit coordination can reduce the need to switch providers later.

How much do bookkeeping services cost in Singapore?

The cost of bookkeeping services in Singapore depends on transaction volume, reporting frequency, GST registration, payroll headcount, tax filing support, XBRL preparation, software access, and whether catch-up bookkeeping is required.

Conclusion

Choosing the right bookkeeping company in Singapore helps startups and SMEs maintain accurate records, prepare tax filings, and stay compliant as the business grows. The best provider should match your transaction volume, reporting needs, and software preferences.

For businesses searching for bookkeeping services in Singapore, BBCIncorp offers bookkeeping with broader compliance support, including Xero-supported accounting, management accounts, annual tax filing, and statutory reporting assistance. Contact BBCIncorp at service@bbcincorp.com or WhatsApp to get tailored support for your business.

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