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ACCOUNTING SERVICES IN SINGAPORE

Accurate & Compliant Financial Reporting for Sustainable Business Growth

Gain clarity and control over your finances with our expert accounting solutions tailored for Singapore’s regulatory standards

Ensure compliance with IRAS regulations and timely financial reporting

Stay focused on growth while we manage your business accounting

Get tailored accounting support aligned with your industry and structure

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Google Reviews | Expert Accounting Solutions

How Outsourced Accounting Simplifies Business Operations

Outsourcing accounting services in Singapore is a strategic solution for businesses looking to improve efficiency, reduce operational costs, and ensure regulatory compliance. By partnering with a professional accounting firm, companies can streamline bookkeeping processes, maintain accurate financial records, and gain access to real-time financial insights using cloud accounting software such as Xero.

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Save Time & Focus on Growth

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Eliminate the need to manage an in-house finance team

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Free up time for core business functions like revenue growth and customer acquisition

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Focus on strategic planning and business expansion

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Ideal for SMEs in Singapore with limited internal resources

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Expert Support with Cloud Tools

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Use cloud accounting software like Xero and QuickBooks

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Automate transaction recording and bank reconciliation

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Generate real-time financial reports

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Maintain compliance with (IRAS) and Singapore accounting standards

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Scalable & Cost-Efficient Solutions

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Flexible accounting services that grow with your business

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Suitable for startups and established companies

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Support increasing transaction volume and complexity

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Avoid costs of hiring and maintaining a full in-house accounting team

Our Accounting Services

SMEs, start-ups and expanding businesses in Singapore rely on our accounting services to provide them with end-to-end financial management, which includes bookkeeping, financial reporting, GST filing and corporate tax compliance. We make sure that your accounts are in compliance with Singapore Financial Reporting Standards (SFRS) and the requirements of the IRAS and ACRA.

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Bookkeeping – Clean, Accurate Daily Records

The foundation of financial health is bookkeeping. We document all transactions, balance your bank accounts and maintain your general ledger in audit format. No more messy spreadsheets or missing receipts.

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Transaction categorization – Sales, expenses, supplier payments coded correctly

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Bank & credit card reconciliation – Match every entry to source documents

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Accounts receivable/payable tracking – Know who owes you and what you owe

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Xero & QuickBooks setup – Automated bank feeds and chart of accounts configuration

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Monthly closing – Ready-for-review financials by the 10th of each month

Financial Reporting – Real-Time Visibility & Strategic Insights

Reporting should not just look backwards, but you should be able to work out what to do next. We provide understandable, compliant financial reporting that assists you in identifying trends, managing expenses, and in growth planning.

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Monthly management accounts – Profit & Loss, Balance Sheet, Cash Flow Statement

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Custom KPI dashboards – Gross margin, burn rate, working capital at a glance

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Singapore Financial Reporting Standards (SFRS) compliance – Year-end statements ready for AGM or audit

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Group consolidation – Combine multiple entities into one accurate report

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Variance analysis – Actual vs budget, current month vs last year

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Payroll – On-Time, Accurate, CPF-Compliant

Mistakes in payroll undermine confidence and commence fines. We compute the salaries, CPFs and itemised pay slips to ensure that your team receives the right pay at the end of the day – each and every month.

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Monthly salary computation – Base pay, overtime, commissions, deductions

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Custom KPI dashboards – Gross margin, burn rate, working capital at a glance

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IRAS Auto-Inclusion Scheme (AIS) – Annual income submissions done digitally

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Itemised pay slips – Compliant with Ministry of Manpower (MOM) requirements

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Leave & claim tracking – Integration with your HR records

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Director’s fees & variable payments – Handled separately for compliance

Tax Compliance – Minimise Risk, Maximise Incentives

Tax is not only about being on time, it is about paying the correct sum and not a dollar extra. We ensure that you are in compliance with IRAS, on top of finding all the grants, deductions and schemes that you are eligible to.

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IRAS audit representation – We respond to queries on your behalf

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Corporate income tax (Form C-S / Form C) – Full preparation and filing

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Estimated Chargeable Income (ECI) – Timely submission within 3 months of year-end

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GST registration & quarterly returns – Including IRAS GST audit support

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Tax planning & incentives – PIC, DEI, Productivity and Innovation Credit, Start-up Tax Exemption

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Double tax treaty advisory – For foreign-owned companies and cross-border transactions

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Our Accounting Tools & Software

Our cloud accounting software is used to provide efficient, compliant, and accurate accounting services in Singapore. The tools simplify the bookkeeping process, automate the financial reporting process and align with the IRAS requirements.

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Automation & Efficiency

Our tools minimise manual entry of data with features like bank feeds, expense management, and invoice integration. It enhances accuracy and bookkeeping and reporting.

Real-Time Financial Insights

Get access to up-to-date financial information, such as cash flow and profit and loss statements, to make more informed decisions and plan the business.

Compliance & Accuracy

Formatted accounting systems ensure that your financial records are in tandem with Singapore Financial Reporting Standards (SFRS) and are in compliance with ACRA and IRAS requirements..

Secure & Scalable

Your banking information is safely stored in the cloud with limited access. As your business grows, these systems scale to handle higher transaction volumes and reporting needs.

Why Choose One Tax for Accounting Services in Singapore?

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Hassle-Free Accounting Support

Keep secretarial tasks in check to achieve complete ACRA compliance. Our filing calendar ensures timely annual returns and annual general meetings (AGM).

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End-to-End Compliance & Reporting

From bookkeeping to financial reporting and corporate tax filing, we ensure full compliance with IRAS and ACRA requirements. Our team prepares profit and loss statements, balance sheets, and management reports to support business decision-making.

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Maximize Singapore’s Tax Benefits

Singapore offers various tax incentives and exemptions for SMEs and startups. Our accounting professionals help identify eligible tax relief schemes, optimise your tax position, and ensure accurate GST and corporate tax submissions.

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Expert-Led IRAS Compliance

We ensure your accounting records comply with Singapore Financial Reporting Standards (SFRS) and IRAS guidelines. This reduces the risk of penalties, audits, and reporting errors.

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Personalized Financial Solutions

Every business has unique financial requirements. We tailor our accounting and bookkeeping services based on your industry, transaction volume, and business structure to deliver efficient and scalable solutions.

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Ongoing Support for Growth

Beyond routine accounting, we provide ongoing financial insights, cash flow analysis, and reporting support to help your business scale sustainably in Singapore’s competitive market.

Easy Steps to Get Started with
One Tax Accounting Services

Our accounting process is designed to ensure accurate bookkeeping, timely financial reporting, and full compliance with Singapore regulations. From onboarding to ongoing support, we follow a structured workflow to maintain consistency and efficiency.

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Consultation

We assess your business structure, transaction volume, and compliance requirements to recommend suitable accounting services in Singapore, including bookkeeping, payroll, and tax reporting.

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Service Selection

We propose a customised, scalable accounting solution covering bookkeeping, financial reporting, payroll services, and corporate tax requirements based on your business needs.

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Document Collection

We guide you in submitting key financial documents such as invoices and bank statements via cloud accounting tools like Xero or QuickBooks, ensuring proper record-keeping and IRAS compliance.

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Processing and Reporting

We handle transaction recording, bank reconciliation, and generate monthly financial reports, including profit and loss statements and cash flow reports, aligned with Singapore Financial Reporting Standards (SFRS).

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Ongoing Support and Scaling

We provide continuous support with GST filing, corporate tax compliance, and financial reporting, while scaling our accounting services as your business grows..

We Handle the Paperwork,
You Build the Business

From company incorporation to accounting, tax, and work pass applications, One Tax CM ensures everything runs smoothly. Focus on what matters, we’ll handle the rest.

Engage Us
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Who We Help

One Tax Supports Local and Foreign
Business Owners

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Local Setup (Singapore Residents)

We offer tailored accounting services in Singapore to support financial clarity and business compliance.

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Foreign Directors or Corporate Shareholders

We manage complex cross-border accounting needs, ensuring IRAS compliance and efficient financial reporting.

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Company Profile

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Company Profile

Enter your email to receive all the details about One Tax CM


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    TESTIMONIAL

    How Our Clients Experience One Tax

    jing wei from one tax cm profile image
    5 stars
    "Exceptional accounting services, attentive support, and budget-friendly software solutions for lasting results." I have been using their accounting and secretarial services since 2014 and not only they have been top-notch, their team is accommodating, patient and gives good advice on maintaining proper accounting records. One Tax has also provided my firm with cost-effective accounting software solutions which helps me solve my accounting woes for the long haul.

    — Jing Wei s

    john and cassie from one tax cm team photo
    5 stars
    "Expert accounting services, responsive team, and tailored solutions for SMEs." We have never been let down or kept waiting for an answer. As an SME, we feel we are in good hands with One Tax CM, who thoroughly understand our complex business structure and requirements, keep us up to date with Singapore’s tax regulations and have helped us with forward planning.

    — John & Cassie

    photo of wiliam from one tax
    5 stars
    "Reliable accounting services, supportive team, and efficient business solutions for entrepreneurs." Lancaster provided a legitimate avenue for me to leave my 9 to 5 job and start my own business. The opening of bank account, EP application, accounting and taxation were well handled through this team. I am now my own boss and I have a team to thank for assisting me on that journey. Trustworthy, reliable, and responsive; I have since recommended him to many of my peers who wanted to pursue their own business as well.

    — William Ng

    photo of mick spier from one tax
    5 stars
    "Professional accounting services, responsive support, and tailored business solutions for optimal results." If anyone is looking for a corporate service provider to incorporate a company in Singapore, you must talk to the team at One Tax CM. I Spoke with Multiple organizations but none of that compared to the amazing support and responsiveness of Lancaster and his team. The truly understand is what required and have a great “can do” attitude to helping you setup your business optimally.

    — Mick Spiers

    photo of sandy tan from one tax
    5 stars
    "Efficient accounting services, proactive support, and customized solutions to meet business needs." Having multiple engagements with One Tax CM, they impressed me by their speed and quality of service. Their handling of the company incorporation and corporate account opening were seamless. They are always so helpful to share their professional advice and I certainly have no qualms recommending them to my..

    — Sandy Tan

    Simplify Your Business With Our Professional Accounting Services In Singapore

    Running a business in Singapore comes with regulatory responsibilities that can be time-consuming and complex. From maintaining statutory registers to meeting ACRA deadlines, compliance tasks often divert attention from business growth. That’s where One Tax CM steps in. Our expert-led corporate secretarial services help businesses stay compliant, organized, and free to focus on what truly matters—scaling operations and serving customers.

    What Are Accounting Services?

    Accounting services in Singapore is important for businesses because they help to maintain accurate accounting information, manage their cash flow, and ensure that statutory requirements from IRAS and ACRA are met. Professional accounting services also ensures timely financial statements and improves decision-making while reducing risks associated with fines or late submissions.

    Accounting services play an important role in Singapore in assisting companies with keeping their financial transactions up to date, managing cash flow, and adhering to statutory requirements imposed by the IRAS and ACRA. Professional accounting services enables financial statements to be prepared promptly, enhances decision-making within a company, and minimizes the potential for mistakes and fines.

    We provide end-to-end accounting support, including:
     
    – Bookkeeping
    – Accounting and financial reporting
    – Bank account reconciliation
    – GST filing
    – Payroll assistance
    – Corporate taxation
    Outsourcing your accounting needs to One Tax CM offers numerous benefits for your business:
     
    • Cost Efficiency: Maintaining an in-house accounting team can be expensive, especially for small businesses. By outsourcing to One Tax CM, you get expert accounting services in Singapore at a fraction of the cost, allowing you to allocate more resources toward growing your business.
    • Access to Expert Advice: Our team is composed of experienced accountants and tax advisors who understand Singapore’s complex tax laws and regulations. By partnering with us, you gain access to expert advice that helps you optimize your financial strategy and ensures full compliance with the law.
    • Focus on Core Business Activities: Managing your finances can be time-consuming and stressful. By outsourcing your accounting to One Tax CM, you can focus on what you do best, growing your business, while we handle the numbers.

    Engaging our corporate secretarial services is easy. Here’s how you can begin:

    1. Contact Us: Reach out via our website or call us to book a consultation.
    2. Initial Consultation: We assess your needs and recommend tailored solutions.
    3. Service Kickoff: Once documents are ready, we handle the rest—seamlessly.

    Don’t let compliance hold back your growth. Partner with One Tax CM and gain peace of mind knowing your corporate responsibilities are in good hands.

    In-house accounting involves hiring and managing your own accounting team, which gives you direct oversight but comes with higher costs such as salaries, benefits, training, and software subscriptions.

    Outsourced accounting allows businesses to engage a professional accounting firm to manage their bookkeeping, financial reporting, and compliance requirements. This provides access to experienced professionals at a fraction of the cost of maintaining an internal team, making it a popular choice for startups and SMEs.

    Choosing the right accounting partner is crucial to ensuring accurate financial records and regulatory compliance. When evaluating an outsourced accounting provider, consider:

    • Experience and expertise in your industry and business size.
    • Compliance knowledge of Singapore accounting, tax, and regulatory requirements.
    • Technology capabilities, including cloud accounting platforms and secure data handling.
    • Responsiveness and support when you need advice or assistance.
    • Transparent pricing with clear scope of services and no hidden fees.
    • Scalability to support your business as it grows.

    A reliable accounting partner should not only maintain your books but also provide timely insights that help you make informed business decisions.