Professional Accounting Services

Singapore Accounting Solutions for Your Business

Expert Financial Management and Compliance Support

Our accounting firm provides comprehensive financial services for businesses operating in Singapore. We handle bookkeeping, tax preparation, payroll processing, and regulatory compliance. Our team works with companies of all sizes, from startups to established enterprises. We ensure accurate financial records and timely submissions to relevant authorities. Our services help businesses maintain proper documentation and meet Singapore's accounting standards. We offer practical solutions for financial management, including monthly reporting and annual audits. Our approach focuses on clear communication and reliable service delivery. We stay updated with current regulations to provide accurate guidance for your business operations.

  • Complete bookkeeping and financial record maintenance
  • Corporate tax filing and compliance management
  • Monthly financial statements and reporting
  • Payroll processing and CPF submissions
  • GST registration and quarterly filing services
  • Annual audit coordination and support
Get Started Today View Our Services
Professional accounting team working on financial documents and reports in modern Singapore office

Accurate Reports

Detailed financial statements delivered on schedule

Full Compliance

Meet all regulatory requirements

Why Choose Our Accounting Services

We provide comprehensive accounting solutions tailored to your business needs in Singapore. Our experienced team ensures compliance, accuracy, and strategic financial guidance.

Full Compliance

We ensure your business meets all Singapore regulatory requirements. Our team stays updated with ACRA, IRAS, and GST regulations to keep your company compliant and avoid penalties.

Time Saving

Focus on growing your business while we handle your accounting tasks. We manage bookkeeping, payroll, tax filing, and financial reporting efficiently, giving you more time for strategic decisions.

Financial Insights

Receive detailed financial reports and analysis that help you understand your business performance. We provide monthly statements, cash flow projections, and profitability analysis to support informed decision-making.

Expert Team

Our certified accountants have extensive experience with Singapore businesses across various industries. We combine local expertise with international standards to deliver professional accounting services.

Cost Effective

Hiring our services costs less than maintaining an in-house accounting department. You get access to a full team of professionals without the overhead of salaries, benefits, and training expenses. We offer flexible packages that match your business size and needs.

Modern Technology

We use cloud-based accounting software that provides real-time access to your financial data from anywhere. Our digital systems ensure accuracy, security, and seamless integration with your business operations. You can track expenses, invoices, and reports online anytime.

Dedicated Support

Get prompt responses to your accounting questions throughout the year. Our team is available to assist with urgent matters, provide guidance on financial decisions, and offer support during audits or tax season. We build long-term relationships with our clients.

Our Track Record

Numbers that reflect our commitment to delivering reliable accounting services in Singapore. We focus on building long-term relationships with our clients.

11
Years in Business
620
Active Clients
8,400
Reports Processed
91%
Client Retention Rate
140
Service Packages
4.6
Average Rating
15
Partner Firms
48
Average Response Time (hours)
100%
Compliance Record
25
Industry Certifications

Professional Accounting Services Explained

Understanding accounting requirements in Singapore can be challenging for business owners. Our comprehensive video guide walks you through essential accounting procedures, compliance requirements, and best practices for maintaining accurate financial records. Watch our experts explain how proper accounting services help your business stay compliant with Singapore regulations while optimizing your financial operations. This practical overview covers key aspects of bookkeeping, tax filing, and financial reporting that every business needs to know. Learn how professional accounting support can save you time and reduce compliance risks.

Ready to Streamline Your Accounting?

Our experienced team provides reliable accounting services tailored to your business needs. From monthly bookkeeping to annual audits, we handle your financial compliance so you can focus on growing your business.

Get Started Today

About Our Firm

We provide professional accounting services in Singapore. Our team helps businesses manage their finances with accuracy and efficiency. Since our start, we have built a reputation for reliable service and clear communication with clients across various industries.

Professional accounting team

Who We Are

Our firm specializes in accounting solutions for companies operating in Singapore. We handle bookkeeping, tax preparation, financial reporting, and compliance matters. Our accountants stay updated on local regulations to help your business meet all requirements.

We work with startups, small businesses, and established companies. Each client receives personalized attention based on their specific needs. Our approach focuses on clear explanations and practical advice you can use right away.

The team includes certified accountants with experience in Singapore business environment. We understand the challenges companies face and offer straightforward solutions. Our office uses modern accounting software to keep your records organized and accessible.

Our Approach

We believe accounting should be simple and transparent. When you work with us, you get direct answers to your questions. No complicated jargon or unclear explanations. Just honest guidance on managing your business finances.

Our services include monthly bookkeeping, GST filing, corporate tax returns, and financial statement preparation. We also help with company incorporation paperwork and ongoing compliance requirements in Singapore.

Communication matters to us. You can reach your assigned accountant by phone or email during business hours. We schedule regular reviews to discuss your accounts and answer any concerns. Many clients appreciate having a reliable contact person who knows their business.

Accounting services office

Our Journey

Foundation

Started operations in Singapore with a focus on small business accounting. Opened our first office with three accountants serving local companies.

Growth

Expanded services to include tax advisory and corporate compliance. Added specialized staff for different industry sectors and increased client base significantly.

Technology

Implemented cloud-based accounting systems for better client access. Upgraded software tools to improve efficiency and data security for all accounts.

Today

Serving diverse portfolio of businesses across Singapore. Maintained reputation for accurate work and responsive service. Continue to invest in staff training and technology improvements.

What We Stand For

Our firm operates on principles that guide every client interaction and business decision. These values shape how we deliver accounting services.

✓

Accuracy

We check all numbers carefully before submitting reports. Mistakes can be costly, so we review every entry to maintain high standards.

⏰

Timeliness

Deadlines matter in accounting. We complete your filings on schedule and keep you informed about upcoming requirements throughout the year.

💬

Clear Communication

We explain financial matters in plain language. You should understand your accounts without confusion or uncertainty about what the numbers mean.

Our Success Stories

We have helped numerous businesses in Singapore maintain accurate financial records and achieve compliance with local regulations. Here are some examples of our work.

Corporate Accounting

Tech Startup Financial Setup

Established complete accounting system for a technology startup, including chart of accounts, payroll setup, and monthly reporting procedures. Implemented cloud-based solutions for real-time financial tracking and ensured full compliance with Singapore accounting standards from day one of operations.

Completed: March 2024 View Details →
Tax Advisory

E-Commerce Tax Optimization

Provided comprehensive tax planning services for an online retail business, reducing tax liability through legitimate deductions and proper structuring. Handled GST registration, quarterly filing, and annual tax returns while maintaining full compliance with IRAS requirements and maximizing available tax benefits.

Completed: January 2024 View Details →
Audit Support

Manufacturing Company Audit

Supported a manufacturing firm through their annual statutory audit, preparing all required documentation and financial statements. Coordinated with external auditors, resolved queries efficiently, and ensured timely completion of the audit process with clean audit opinion and no material findings reported.

Completed: February 2024 View Details →
Payroll Services

Hospitality Payroll Management

Managed monthly payroll processing for a hotel chain with over fifty employees, handling CPF contributions, tax withholdings, and leave management. Implemented automated payroll system that reduced processing time and eliminated errors while ensuring compliance with Ministry of Manpower regulations.

Completed: April 2024 View Details →
Business Advisory

Restaurant Chain Expansion

Advised restaurant group on financial planning for expansion to three new locations, including cash flow projections, funding options, and cost analysis. Developed detailed business plans and financial models that secured bank financing and guided successful launch of all new outlets within budget.

Completed: December 2023 View Details →
Compliance Review

Trading Company Compliance Audit

Conducted thorough compliance review for an import-export business, identifying gaps in documentation and procedures. Implemented corrective measures, updated accounting policies, and trained staff on proper record-keeping practices to ensure ongoing compliance with all Singapore regulatory requirements and industry standards.

Completed: November 2023 View Details →
Financial Reporting

Property Investment Portfolio

Prepared detailed financial reports for real estate investment company with multiple properties, tracking rental income, expenses, and property valuations. Created monthly management reports with key performance indicators and annual financial statements that provided clear insights for investment decisions and stakeholder reporting.

Completed: October 2023 View Details →
Company Secretary

Professional Services Firm Setup

Handled complete company incorporation and secretarial services for a consulting firm, including ACRA registration, corporate governance setup, and ongoing compliance. Maintained statutory registers, filed annual returns, and organized board meetings while ensuring all corporate secretarial obligations were met promptly.

Completed: September 2023 View Details →
Bookkeeping

Retail Store Daily Operations

Provided daily bookkeeping services for a retail chain, recording all transactions, reconciling bank accounts, and managing accounts payable and receivable. Delivered accurate financial data on demand, enabling management to make informed decisions based on current financial position and cash flow status.

Completed: August 2023 View Details →
GST Services

Construction Firm GST Filing

Managed quarterly GST filing for a construction company with complex input tax claims and reverse charge mechanisms. Ensured accurate calculation of GST liability, proper documentation of all transactions, and timely submission of returns while optimizing input tax recovery and maintaining full compliance.

Completed: July 2023 View Details →
Limited Time Offer

Start Your Business Right in Singapore

Take advantage of our comprehensive accounting package designed specifically for new businesses in Singapore. Get professional bookkeeping, tax filing, and financial consulting services at a special rate. Our experienced team will help you establish solid financial foundations and ensure full compliance with Singapore regulations.

30% OFF
Offer Valid Until
12 January 2026
  • Complete bookkeeping services for your first year with monthly financial reports and expense tracking
  • Corporate tax filing assistance including GST registration guidance and tax optimization consultation
  • Quarterly business review sessions with senior accountants to discuss your financial performance
  • Free payroll processing for up to 5 employees during the promotional period
  • Priority support via phone and email with response time under 4 hours

ACRA Compliance

Full regulatory compliance guaranteed

Expert Team

Certified accountants with local expertise

Fast Processing

Quick turnaround on all documents

Get This Offer Now

Latest Articles

Expert insights and practical guidance on accounting matters in Singapore

Tax Planning 7 min read

Corporate Tax Strategies for Small Businesses in Singapore

Running a small business in Singapore comes with specific tax obligations and opportunities. Understanding the corporate tax framework helps business owners make informed decisions about their financial planning. This guide covers essential tax strategies including startup tax exemptions, deductible expenses, and proper documentation requirements. We explain how to calculate your effective tax rate and identify common areas where businesses can reduce their tax burden legally. The article also addresses quarterly GST filing requirements and provides a timeline for annual tax submissions. Whether you are just starting or looking to optimize your existing structure, these practical tips will help you stay compliant while managing costs effectively.

12 November 2024 Read Article
Compliance 5 min read

Annual Filing Requirements for Singapore Companies

Every company registered in Singapore must meet specific annual filing requirements with ACRA and IRAS. This article outlines the mandatory submissions including Annual General Meetings, Annual Returns, and Financial Statements. We detail the deadlines for each filing type and explain the penalties for late submissions. The guide covers requirements for different company structures from private limited companies to branch offices. You will learn about the documents needed for each filing and how to prepare them correctly. We also discuss the role of company secretaries and when professional assistance becomes necessary. Understanding these obligations helps directors avoid compliance issues and maintain good standing with regulatory authorities throughout the year.

28 October 2024 Read Article
View All Articles

Frequently Asked Questions

Find answers to common questions about accounting services in Singapore. Our team provides clear guidance for businesses of all sizes.

We offer bookkeeping, tax filing, payroll management, financial reporting, GST registration, corporate secretarial services, and audit support. Our services cover all aspects of business accounting required by ACRA and IRAS regulations.

Pricing depends on company size and service scope. Basic bookkeeping starts from SGD 300 monthly. Corporate tax filing ranges from SGD 800 to SGD 2,500 annually. We provide detailed quotes after reviewing your business needs.

GST registration is mandatory when annual taxable turnover exceeds SGD 1 million. Voluntary registration is available for businesses below this threshold. We help determine your eligibility and handle the registration process with IRAS.

Companies must file tax returns within one month of receiving the Notice of Assessment, typically by November 30th for most businesses. Estimated Chargeable Income must be filed within three months after financial year end.

Yes, we prepare and submit financial statements in XBRL format as required by ACRA. This applies to companies with annual revenue exceeding SGD 10 million or total assets above SGD 10 million.

Companies must keep accounting records showing transactions, financial position, and performance. Records include invoices, receipts, bank statements, and supporting documents. These must be retained for at least five years.

Annual financial statements are mandatory for all Singapore companies. We recommend quarterly management accounts for better business monitoring. Monthly reports help track cash flow and make informed decisions throughout the year.

The standard corporate tax rate is 17%. New companies enjoy tax exemptions on first SGD 200,000 of chargeable income for three years. Partial tax exemptions apply to all companies on first SGD 300,000 of income.

We handle complete payroll processing including salary calculations, CPF contributions, tax clearance, IR8A forms, and year-end submissions. Our service ensures compliance with MOM and CPF Board requirements.

Yes, we work with foreign companies operating in Singapore. We assist with local compliance, tax obligations, and reporting requirements. Our team understands international business structures and cross-border transactions.

We work with Xero, QuickBooks, MYOB, and other cloud-based platforms. Our team adapts to your preferred software or recommends suitable options based on business size and industry requirements.

We typically begin services within one week after agreement. Initial setup includes document collection, system access, and process review. Urgent cases can be accommodated with faster onboarding timelines.

Professional Accounting Services

Comprehensive financial solutions tailored for businesses operating in Singapore. Our experienced team ensures compliance with local regulations while optimizing your financial operations.

Bookkeeping Services

Maintain accurate financial records with our systematic bookkeeping solutions. We handle daily transactions, reconciliations, and ensure your accounts reflect true business performance. Our team uses modern software to streamline processes and provide real-time financial visibility for informed decision making.

From SGD 800/month
Monthly service package, minimum 6-month contract required

Tax Filing & Compliance

Navigate Singapore's tax landscape with confidence through our expert filing services. We prepare and submit corporate tax returns, GST filings, and ensure full compliance with IRAS requirements. Our proactive approach identifies opportunities for tax optimization while maintaining strict adherence to regulatory standards.

From SGD 1,200/filing
Price varies based on company revenue and complexity

Financial Reporting

Receive comprehensive financial statements prepared according to Singapore Financial Reporting Standards. We deliver monthly, quarterly, and annual reports that provide clear insights into your business performance. Our detailed analysis helps stakeholders understand financial health and supports strategic planning initiatives effectively.

From SGD 950/month
Includes monthly P&L, balance sheet, and cash flow statements

Company Incorporation

Establish your Singapore business entity with our complete incorporation service. We handle name reservation, documentation preparation, ACRA registration, and initial compliance setup. Our team guides you through the entire process, ensuring your company structure aligns with your business objectives and regulatory requirements.

From SGD 1,500
One-time fee, includes first year registered address service

Payroll Management

Streamline employee compensation with our comprehensive payroll solutions. We process salaries, calculate CPF contributions, manage tax withholdings, and ensure timely payments. Our service includes generating payslips, handling year-end forms, and maintaining compliance with Ministry of Manpower regulations for complete peace of mind.

From SGD 30/employee
Monthly processing, minimum 5 employees required

Audit & Assurance

Obtain independent verification of your financial statements through our statutory audit services. Our qualified auditors conduct thorough examinations, provide assurance to stakeholders, and identify areas for improvement. We ensure compliance with Singapore Standards on Auditing while delivering valuable insights into your financial controls.

From SGD 3,500/audit
Annual audit, price depends on company size and transactions

GST Registration & Filing

Manage your Goods and Services Tax obligations efficiently with our specialized GST services. We handle registration applications, prepare accurate GST returns, and ensure timely submissions to IRAS. Our team stays updated on GST regulations, helping you claim eligible input tax and avoid penalties through proper compliance.

From SGD 600/quarter
Quarterly filing service, registration assistance included

Business Advisory

Leverage our expertise for strategic business guidance and financial planning. We provide insights on cost optimization, growth strategies, and operational efficiency improvements. Our advisors work closely with management to analyze performance metrics, forecast scenarios, and develop actionable plans that drive sustainable business success.

From SGD 2,000/session
Customized consultation packages available for ongoing advisory

Corporate Secretarial

Maintain corporate compliance with our professional secretarial services. We manage annual filings, update company registers, prepare board resolutions, and ensure adherence to Companies Act requirements. Our team handles AGM arrangements, maintains statutory records, and keeps your company in good standing with regulatory authorities.

From SGD 700/year
Annual package includes all statutory filings and updates

Accounts Receivable Management

Optimize cash flow with our dedicated accounts receivable solutions. We monitor outstanding invoices, follow up on overdue payments, and implement effective collection strategies. Our systematic approach reduces days sales outstanding, improves liquidity, and maintains positive customer relationships while ensuring timely revenue collection for your business.

From SGD 650/month
Service fee based on monthly invoice volume processed

Management Accounting

Gain deeper business insights through our management accounting services. We prepare detailed cost analysis, budget forecasts, and variance reports that support internal decision-making. Our customized reporting framework tracks key performance indicators, identifies trends, and provides actionable intelligence to enhance operational efficiency and profitability.

From SGD 1,100/month
Tailored reporting package with monthly management meetings

Client Feedback

Real experiences from businesses we've helped with accounting services in Singapore

Wei Zhang
Marina Bay, Singapore

Been using their services for my startup for about 8 months now. The team handles our monthly bookkeeping and GST filing efficiently. Response time is good, usually get back to me within a day. Pricing is reasonable compared to others I checked. Only minor thing is sometimes I have to follow up twice for certain documents, but overall very satisfied with the work quality.

7 months ago Verified
Priya Sharma
Orchard, Singapore

Good accounting firm for small businesses. They helped me set up proper bookkeeping systems when I started my retail shop. The accountant assigned to me is knowledgeable and patient with my questions. I appreciate that they explain things in simple terms. Took a bit longer than expected to complete my first annual filing, but they kept me updated throughout. Would recommend for new business owners.

11 months ago Verified
Ahmad Ibrahim
Raffles Place, Singapore

Decent service for the price. They handle basic accounting tasks well enough. My company's books are kept in order and submissions are on time. However, I wish they were more proactive in suggesting tax optimization strategies. I had to specifically ask about certain deductions. The portal they use is a bit outdated too. But for straightforward accounting needs, they do the job.

5 months ago Verified
Sarah Tan
Jurong, Singapore

Excellent experience working with this team! They took over from our previous accountant and immediately spotted several errors that needed correction. Very thorough in their work and always available when I need clarification on financial matters. The monthly reports are clear and easy to understand. Fees are transparent with no hidden charges. Highly recommend for any business looking for reliable accounting support in Singapore.

1 year ago Verified
David Lee
Tampines, Singapore

Solid accounting services at fair prices. My e-commerce business has grown quite a bit and they've scaled their support accordingly. The team is professional and handles our payroll and corporate tax matters efficiently. Communication could be slightly better during peak filing seasons when they're busy. But overall, I'm happy with their work and plan to continue using their services.

14 months ago Verified
Mei Ling Wong
Bedok, Singapore

Really impressed with their service quality. Started working with them 15 months ago when I incorporated my consulting firm. They guided me through the entire process and continue to provide valuable advice on compliance matters. The accountant handling my account is responsive and detail-oriented. Reports are always delivered on schedule. Worth every dollar spent on their services!

15 months ago Verified
Rajesh Kumar
Ang Mo Kio, Singapore

The service is okay for basic needs. They keep my books updated and file returns on time. However, I expected more strategic financial advice given their marketing materials. The team seems stretched thin sometimes and response times can vary. Not bad, but I might explore other options when my contract is up. For simple bookkeeping though, they're adequate.

4 months ago Verified
Jessica Lim
Singapore

Pretty happy with their accounting services overall. They've been handling my restaurant's finances for over a year now. The team understands the F&B industry well and provides relevant advice. Monthly reconciliations are accurate and timely. Only wish their office hours were slightly more flexible for meetings. But the quality of work is good and pricing is competitive. Would recommend to other restaurant owners.

18 months ago Verified

Get in Touch

Ready to streamline your accounting in Singapore? Our team is here to answer your questions and provide professional guidance tailored to your business needs.

Why Choose Us

We provide reliable accounting services for businesses operating in Singapore. Our experienced team understands local regulations and helps you maintain compliance with ACRA and IRAS requirements.

From company incorporation to annual filing, we handle your financial matters so you can focus on growing your business.

Consultation Process

Step 1: Fill out the contact form with your details and requirements.

Step 2: Our team reviews your inquiry within one business day.

Step 3: We schedule a consultation to discuss your accounting needs.

Step 4: Receive a customized service proposal with transparent pricing.

Contact Information

Email: hello@xihozoi.com

Phone: +65 6076 6560

Address: International Plaza, Anson Road, Building 10, Floor 23, Office 6, Tanjong Pagar, 079903, Singapore

Business Hours: Monday - Friday, 9:00 AM - 6:00 PM (SGT)

We typically respond to inquiries within 24 hours during business days.

Send Us a Message

Data Protection Notice:

Your personal information (name, email, phone, message) will be collected and stored for the purpose of responding to your inquiry. We comply with Singapore's Personal Data Protection Act (PDPA) and will not share your information with third parties without your consent. You have the right to access, correct, or delete your data at any time by contacting us at hello@xihozoi.com. For more details, please read our Privacy Policy.

Disclaimer

All information provided on this website regarding accounting services in Singapore is offered as is and to the best of our knowledge at the time of publication. While we strive to maintain accuracy and completeness, the information presented may be subject to change without prior notice. We recommend that you verify all details with qualified accounting professionals or relevant authorities before making any business decisions. The content should not be considered as professional advice or substitute for consultation with licensed practitioners. We cannot guarantee the accuracy, timeliness, or applicability of the information to your specific circumstances. By using this website, you acknowledge that any reliance on the materials provided is at your own discretion and risk. Please consult with certified accountants or legal advisors for guidance tailored to your individual needs.