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Accounting Services Pricing in Singapore: Transparent & Affordable Packages

  • Accounting

Accounting Services Pricing in Singapore: Transparent & Affordable Packages

Understanding accounting service fees in Singapore can be confusing, especially when pricing varies widely across providers. Whether you are a startup, SME, or growing business, choosing the right accounting package is essential to stay compliant while managing costs effectively. At WLP, we believe in transparent, scalable, and cost-efficient accounting solutions tailored to your business needs.  

How Much Do Accounting Services Cost in Singapore?

Accounting fees in Singapore typically vary depending on business size, transaction volume, and service scope. On average, businesses can expect to pay:
  • S$150 to S$400 per month for basic accounting services 
  • S$200 to S$800+ per month for bookkeeping depending on complexity 
  • Higher fees for full-service packages including tax, GST, and payroll
The key factor influencing pricing is transaction volume and reporting requirements, not just the package itself   

Comprehensive Accounting Packages in Singapore

  1. Basic Compliance Package – From S$350
Ideal for small businesses that require essential tax and reporting support. Includes:
  • Annual financial compilation report
  • Estimated Chargeable Income (ECI) calculation
  • Corporate tax computation
  • Filing of Form C / C-S
This package is suitable for businesses with minimal transactions that need reliable compliance without ongoing bookkeeping.
  1. Bookkeeping + Tax Package – From S$500
Perfect for SMEs that need regular financial tracking and reporting. Includes:
  • Monthly, quarterly, or yearly management accounts
  • Annual compilation report
  • ECI and tax computation
  • Corporate tax filing
This option ensures your financial records remain accurate and up-to-date throughout the year.
  1. Full Accounting + GST Package – From S$900
Designed for GST-registered companies with higher operational activity. Includes:
  • Complete bookkeeping services
  • GST computation and submission (Form 5)
  • Financial reporting and tax filing
  • Annual compilation report
Businesses exceeding S$1 million in taxable turnover are required to register for GST, making this package essential for compliance.
  1. All-in-One Business Package – From S$1,200
A comprehensive solution for startups and new companies. Includes:
  • Company incorporation services
  • Corporate secretarial support
  • Accounting and bookkeeping
  • Tax filing and compliance
  • AGM documentation and filing
This package is ideal for entrepreneurs who want a one-stop solution to launch and manage their business.  

Additional Services Available

GST Services – From S$500
  • GST registration or exemption
  • Quarterly GST filing
  • Handling IRAS queries
Payroll Services – From S$250
  • Salary computation and payslips
  • CPF contributions and submissions
  • IR8A preparation
Outsourcing payroll can significantly reduce costs compared to hiring in-house staff.  

What Affects Accounting Fees?

Several factors influence pricing:
  1. Transaction Volume
Higher transaction counts require more bookkeeping effort and increase costs.
  1. Business Complexity
Industries with stricter compliance requirements may incur higher fees.
  1. Reporting Frequency
Monthly reporting costs more than annual reporting.
  1. Scope of Services
Bundled services (GST, payroll, secretarial) increase overall value but also pricing.  

Why Choose WLP?

At WLP, we go beyond basic compliance:
  • Transparent pricing with no hidden fees
  • Scalable packages tailored to your growth
  • Experienced professionals handling compliance and reporting
  • Cost-effective outsourcing vs hiring in-house
We focus on helping businesses save time, reduce costs, and stay compliant.  

Conclusion

Accounting services in Singapore are not one-size-fits-all. The right package depends on your business activity, compliance requirements, and growth plans. From basic tax filing to full-service accounting and incorporation, choosing a reliable partner like WLP ensures your finances are in expert hands.