Singapore’s accounting agencies play a significant role in the overall economic growth of the country as well as its development. The accounting sector in Singapore is considered the center of its economic blueprint. Its reputation as Asia’s leading financial and business hub demonstrates its status as the primary accounting hub.
The Singaporean government has been pushing SMEs towards accounting software to help automate processes, such as accounting Xero and Quickbooks. This has been done through the PSG Grant run by Enterprise SG which subsidises as much as 50% of the cost to implement a solution such as accounting Xero software.
The country is still seeing consistent demand for accounting services, strengthening growth in the market, and hiring a workforce for accounting responsibilities. The powerful international outlook and the strong global standing for accounting service providers in Singapore are helping improve the country’s competitiveness and role as an international focal point of finance and business. In this article, you will be able to learn about the top accounting service providers in Singapore.
By the way, check out this post if you’re a small business owner looking to do accounting yourself! You can always outsource accounting to an accounting firm later.
J Accounting Pte. Ltd.
also known as J-AccountingServices.com, is a business-to-business website located in Singapore. The idea for this website came from a desire to stretch one’s dollar as far as possible while still staying elevated. They are a Christian-based company in Singapore that is dedicated to assisting companies in making the most savings possible by providing trustworthy, high-quality, and dependable services.
J Accounting Pte. Ltd.‘s purpose is to contribute to the creation of a society in which people who are passionate, have the tools and opportunities they need to conquer challenges and live their dreams. Where people live in a world where the innocent go to work feeling secure in the knowledge that someone is still watching their back.
UpVue CPA
UpVue CPA (Accounting Service Provider) The one-stop Accounting Solution for all your business needs. UpVue is a fast-growing accounting firm in Singapore providing skilled bookkeeping and accounting services to local and regional businesses.
UpVue is a place where accounting and technology come together to ensure a company’s financial success. By offering modern and reliable bookkeeping services at competitive rates, we continue to shake up a market dominated by conventional accountants.
Our Service Spectrum includes:
Company Incorporation & Registration, HR & Payroll,Company Secretarial Services, Paperless Bookkeeping, Rescue Tax Accounting & Bookkeeping
Cash Flow & Budget Forecast, Virtual CFO Services, Company & Annual Compliance, Proactive Tax & GST Services
Sprout Asia
Sprout Asia is a corporate service provider taking care of incorporation, accounting, taxes, payroll & compliance needs at affordable rates. We are business enablers, supporting business journeys with fuss-free & efficient services.
Setting up a company can be intimidating with many local regulations to fulfil & obstacles to circumvent. Sprout handholds and guides you every step of the way for your company formation, corporate secretarial and accounting needs in Singapore. Meet your compliance deadlines & annual filing requirements easily with our affordable secretarial services – only pay for what you need with no-frills solutions.
EY Singapore
EY Singapore is considered one of the “Big Four” accounting service providers in the country that has a strong presence in entire Southeast Asia. EY Singapore values a closely connected team and a collaborative, respectful, and vibrant business environment. EY Singapore executes audits on several companies that are traded publicly listed on the Singapore Exchange.
Baker Tilly TFW
This accounting service provider ranks as one of the ten most famous business and accounting advisory agencies in Singapore. Baker Tilly TFW is a solid advocate of excellence and passion in client service, and it’s consistently working to enhance its expertise in litigation, cybersecurity, and business valuation. It is an independent agency of Baker Tilly International and primarily providing services in governance, tax, and assurance.
PwC Singapore
PwC Singapore is also one of the largest accounting service providers in the country, which it operates closely with its agencies in Taiwan, Hong Kong, and China. The expert accountants in PwC Singapore embrace various perspectives and value listening to maximize opportunities and provide optimal results to the partner company whether through tax, advisory, financial audits, or other professional services. The firm is focusing on establishing trust in the region by solving critical issues and delivering results. Hiring staff for your accounting needs may bring a lot of confusion to you, just remember that by checking websites, you will be able to find the best firm for your accounting needs, and PwC Singapore is one of them.
WLP Group
WLP Group is a corporate service provider in Singapore that offers services that every company needs – accounting services to company incorporation services. They are also an accounting PSG Grant approved company. This means that you can engage WLP Group in their accounting services and get subsidised for up to 70% of the cost by the government. PSG is a government grant for SMEs to encourage local SMEs to digitise operations.
Hire one today
Sometimes, it is impossible for startups and small businesses in Singapore to hire their own team for their accounting because of some budget constraints. Fortunately, there are several accounting service providers that provide a reasonable price and the best accounting services in Singapore. Check out Wiz Marketing to view other state-of-the-art accounting firms in the country. We can also discuss other service opportunities that you may want to incorporate into your business.