Online Accountant in Singapore for Your Business
Get paired with an Osome personal tax accountant, set yourself free from paperwork routine, and watch your business grow.


Dedicated Accountants Backed by Smart Tech


What does an accountant do?
Accountant’s job is to maintain and interpret financial records. A personal tax accountant will be responsible for finance-related tasks whether you are a sole proprietorship or a big company.


Accountants that care, think and deliver
Meet your personal dedicated accountant who knows your business, advises you on any decision and ready to answer your questions at any time. So you can spend your time on the things that really matter!


No more mistakes
If you keep incorrect records or submit your financial statements late, you may face severe penalties. An accountant keeps an eye on your compliance with the authorities and avoids any unnecessary expenditures.


Personal touch
Osome provides access to an accounting software. This doesn’t mean that the software will do everything, though. The human touch is always important. By reducing manual work like data entry, accountants will have more time for meaningful analysis that will help your business flourish.
The roles of an accountant at different stages of your business
Singapore accountants play different roles at various stages of your business. A business’s growth depends on them. Accounting procedures changes while your business grows. Regardless of the stage of your business, we have you covered. Learn more below.
Benefits of Osome Acountant

Gives professional advice
An accountant will will track filing deadlines, suggest tax exemptions, and highlight issues in the reports

Thinks in advance
Your accountant can spot financial problems and avoid costly mistakes in your finances and taxes

Provides daily support
Your personal accountant collects, compiles, and analyzes your company's financial data, prepares reports, and stays on top of your questions on a regular basis

Keeps you updated
If a new rule or legislation has been implemented, an accountant can inform you immediately
Pay upfront for the year and get 2 months for free
You don’t measure your business by the number of transactions, so neither do we. Our accounting packages are tied to your revenues. All our packages come as they are, no extra charges — simple and straightforward.


What’s your average monthly ?
Need more?
Additional services you may need
- Unaudited Financial Statements + Tax S$800
- Consolidated Unaudited report S$1,000
- Dormant Accounting S$300
- Full XBRL S$500
- GST Registration S$300
- Payroll, per person S$25/m
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FAQ
What does an Accountant do?
In accordance with the ACRA or Accounting and Corporate Regulatory Authority in Singapore, accountants have multiple responsibilities. Although their specific duties vary according to the business model, industry, and contract of engagement, generally an accountant does the following:
- Managing and maintaining accurate financial records in company accounting systems. This service is crucial as even a slight discrepancy can considerably impact the financial status and reputation of your business.
- Gathering and reviewing all financial data for your business, reviewing and evaluating the profitability, including SWOT analysis, to create company financial reports for management teams and shareholders
- In-house liaison with your external auditors to supervise the audit process and share the relevant accounting documentation
- Monthly reports and year-end reviews of the financial budgets and performance
How to find an Accountant for a small business?
Businesses in Singapore must appoint an accountant within the first few months of incorporation. When hiring an accountant, they must ensure that the accountant is:
- A resident of the Republic of Singapore
- Authorised to provide accounting services in Singapore
- Qualified and holds the relevant certifications. They should also meet any other criteria, including the language of communication (if required)
- Not appointed as the only director of the corporation
Often, businesses use the services of a professional accounting firm for their accounting and financial reporting services. With Osome a team of accountants are assigned to your company based on the specific business needs.
How much does an Accountant cost for a small business?
The cost of hiring accountants for small businesses in Singapore can vary depending on the scope of services you require.
It is common for small businesses to outsource their accounting services in Singapore, for standard bookkeeping and accounting-related services you can expect to be charged, on average SGD 100 per month. Services such as payroll vary according to employee count, and these are typically between SGD 10 and SGD 20. The tax service fees are about SGD 400 per annum.
In cases where accountants charge by the hour, the rates vary between SGD 150 and SGD 450. And where accountants charge by transaction volume, the charges can fluctuate between SGD 400 and SGD 1500 a month or more. Osome covers all of these accounting services in one low monthly fee, so you never have to worry about paying extra if your business needs to change from one month to the next.
What does an accountant do for a small business?
When it comes to a small business, an accountant helps contribute towards its future success. An accountant plays an integral role by:
- Identifying the operating costs and creating reliable and realistic revenue forecasts
- Assisting with applications for financing options such as loans and overdrafts
- Helping create a business strategy and the Key Performance Indicators (or KPIs) for measuring progress. The accountant also provides timely feedback on the progress of this.
- Troubleshooting financial problems and testing methods of resolution such as scenario analysis
- Evaluating and consulting on the management of your cash flow statements. Often, accountants help by creating cash reserves and business spending plans.
How does pricing work?
Our pricing is revenue based. We don’t charge on the number of transactions in your account or the number of invoices you upload. All prices are based on the financial year, not the calendar one.
Why do I need an Accountant for my Small Business?
As a small company, your budgets and financial options are limited, so cost-cutting strategies are crucial. Small businesses often find it challenging to use and maintain accounting systems due to lack of time and resources. . Hiring an accountant for your small business can help resolve these issues. The accountant can offer assistance by doing the following:
- Helping to ensure that independent contractors are classified by the Inland Revenue Authority of Singapore or IRAS
- Providing advice on tax-related payments and implications
- Reconciling your bookkeeping and preparing financial statements at the year-end.
- Compiling and filing your taxes and financial reports in adherence with IRAS regulations.
Accountants also play an integral role during business growth. They offer assistance by:
- Helping you determine the growth areas and offering insights on cash flow, pricing, and inventory
- Offering advisory about leasing and purchase of property and equipment
- Preparing you for an audit
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