At Margin Wheeler, our team of qualified accountants and chartered professionals brings over a decade of experience helping businesses in Singapore stay compliant with ACRA and IRAS regulations. We have successfully prepared and filed annual accounts for thousands of local and foreign-owned companies, giving us the practical expertise to anticipate common challenges and provide cost-efficient solutions.
In line with the Singapore Companies Act, every registered company is required to maintain proper books of accounts. By outsourcing your accounting and bookkeeping to us, you gain a trusted ACRA-registered filing agent who ensures accuracy, timeliness, and complete compliance so you can focus on growing your business with confidence.
Streamlined Accounting Services You Can Rely On
Partnering with Margin Wheeler for your accounting and bookkeeping means more than just meeting compliance requirements. Our services are designed to give you clarity, control, and confidence over your company’s financial health:
Professional Services
Our professional accounting services are tailored to meet your recurring needs, whether on a monthly, quarterly, or annual basis.
Full Set of Accounting
A full set of accounts includes financial statements, profit and loss accounts, balance sheets, bank reconciliations, and trade debtor and creditor listings.
Investigations
With our expertise, we thoroughly examine your accounting, uncover discrepancies, and ensure accuracy and integrity.
Financial Statements
We provide financial statement preparation for various business levels and handle GST calculation and submission if applicable.
Information Required for Our Accounting Service
To deliver the highest accuracy and reliability in your accounts, our accountants will request supporting documents that reflect your company’s financial activity. Providing these records ensures that your submissions meet Singapore Companies Act standards and satisfy both ACRA and IRAS:
Invoices
Sales Invoices (including unpaid) or Sales Report (with details)
Supplier Invoices (including unpaid) or Expenses Report (with details)
Delivery Order/Bill or Lading/Service Report (if applicable)
Required Documents For Companies Past Financial Year
For companies beyond their initial financial year, the following documents are necessary for our review and processing:
Previous Year Financial Statements (Unaudited / Audited)
Previous Year Profit and Loss, Balance Sheet, General Ledger, Trial Balance, Debtor Aging Listing (Detailed), Creditor Aging Listing (Detailed) and Bank Reconciliations
Previous Year Fixed Assets Schedule, Accrual Schedule, Prepayment Schedule, Deposit Schedule, Work-In-Progress (WIP) Schedule, Hire Purchase Schedule and Loan Schedule
Upon engagement of our service, we can arrange for a courier to collect the documents from you absolutely free-of-charge!
Cloud Accounting Services Calculator
Enter your number of transactions per month (on average) to calculate your cost of cloud accounting service.
Financial Report and Tax Computation Service Calculator
Enter the number of transactions per year to calculate your accounting service cost.
*Fees exclude out-of-pocket expenses (S$30) and disbursement for Filing of Annual Returns (S$60)
The fees are a guideline and may differ from final quoted fee. Final fee will also depend on neatness, supporting documents, deadline and total man hours utilised.
Price Guide
Your
calculated price for the following services
() is
Price Guide
Please
Take Note
Based on the transactions you have entered; your company is dormant.
Preparation of financial statement is not required. However, the company will still have to
prepare the management accounts up to date. Please ensure that the company has fulfilled
both IRAS & ACRA’s definition of a dormant company.
Dormant
company according to IRAS
A company that does not have any revenue or income during a given
financial period is considered Dormant by IRAS even though it may have booked or incurred
expenses.
Dormant
company according to ACRA
ACRA defines a company as dormant during a period in which no
accounting transaction occurs.
Transactions that will not affect the dormant status of the company:
The appointment of a secretary of a company;
The appointment of an auditor;
The maintenance of a registered office;
The keeping of registers and books;
The payment of fees to the Registrar or an amount of
any fine or default penalty paid to ACRA; and
The taking of shares in the company by a subscriber to
the constitution in pursuance of an undertaking in the constitution.
Meet Our Singapore Accounting Experts
Meet our team of certified accountants, experienced in Singapore’s regulatory landscape to keep your business compliant and efficient.
Zhong Kent
Manager - Accounts
Zhong Kent is a financial professional with expertise in accounting and auditing. He has over 5 years of experience at KPMG Malaysia and Singapore, working with clients across various industries and overseeing an IPO audit in the U.S. Kent holds a Bachelor of Business and Commerce from Monash University and is a member of the ACCA.
Joane
Manager - Taxation
Joane is a Singapore Chartered Tax Professional with over six years of experience in corporate income tax and GST. She provides practical tax advisory services, focusing on building trusted client relationships. A key achievement was helping a client secure R&D expense claims after a two-year IRAS audit.
Suzan
Senior Executive - Accounts
Suzan brings over 6 years of audit and accounting expertise to lead full-set account management and financial reviews at Swiftly. She specializes in statutory audit support, compliance assessments, and transaction accuracy, ensuring strict adherence to Singapore’s regulatory standards.
What Our Clients Think About Our Services?
Luke Chan
Content Creator, Lukeyychan
Would definitely entrust my business accountings and company in their hands. Very professional and knowledgeable. Patient as well for new companies that are not sure on what to do. Highly recommend! Thank you Kelvin and Beatrice!
Dario Knox
Founder, The Backdrop Pte Ltd
Everyone I have been dealing with at Margin Wheeler is simply amazing. Wei Lin is an absolute rockstar. She is polite, prompt with replies, very competent, patient and kind. She understood all of my questions, guided me through, answered my concerns, offered good solutions. All in all, I truly couldn’t have asked for a better company and a better service.
Jaslyin Qiyu
Managing Director, Mad About Marketing Consulting Pte Ltd
It's been a pleasure and a breeze working with Margin Wheeler since we started our business. They are professional, thorough yet understanding of how business operations are navigated. Highly recommend them as they are a true demonstration of the human value in such processes that cannot be completely replaced by AI.
Every customer who requires Nominee Director Service is unique. Let's talk!
Some businesses prefer their accounting done in-person — at their office.
We offer onsite accounting services for companies that require physical document handling, face-to-face support, or hands-on reconciliation.
Available for the whole of Singapore
Half-day and full-day arrangements available
Includes document collection, sorting & entry
This service is custom-quoted and not included in the online calculator above. Please fill out the form below and our team will get back to you.
Other Services
To all foreigners aspiring to establish your company in Singapore!
We've got you covered with our comprehensive solutions tailored to meet your needs.
Here's how we can assist you every step of the way:
Why is accounting important for businesses in Singapore?
Accounting helps businesses maintain accurate financial records, comply with IRAS tax regulations, and make informed financial decisions. It also ensures that you are ready for audits and corporate tax filings.
What documents are typically needed for accounting in Singapore?
Common documents include bank statements, sales invoices, purchase receipts, payroll records, expense claims, and loan agreements. Keeping these organised helps streamline the accounting process.
How often should accounting be done?
Ideally, accounting should be done on a monthly basis to ensure your records are accurate and up-to-date. This also helps you detect and address any issues early.
Can accounting services help with GST filing in Singapore?
Yes. Many accounting service providers also assist with GST registration, quarterly GST filing, and ensuring that your business stays compliant with GST regulations.
What is considered a full set of accounts under Singapore law?
A full set includes financial statements, profit & loss statement, balance sheet, bank reconciliations, and a trade debtor/creditor listing, which are required for ACRA and IRAS compliance.
What does it mean for my company to be dormant in Singapore?
A company is “dormant” when it has no accounting transactions during a financial period. Even if dormant, basic accounts must still be prepared for compliance with ACRA and IRAS.
What documents are required for accounting services?
Typical documents include sales and supplier invoices, bank statements, payroll records, CPF contribution statements, tenancy agreements, and expense receipts.
Do you offer onsite accounting services in Singapore?
Yes. Onsite services can be arranged for document handling, sorting, and reconciliation, available as half-day or full-day support.
How are accounting service fees calculated?
Fees are usually based on the number of monthly transactions, frequency of reporting, and complexity of your records. Neat documentation and timely submissions can help reduce costs.
What happens if I miss filing my annual accounts or statements?
Late or missed filings may result in penalties from ACRA and IRAS. Professional accounting support helps ensure deadlines are met and fines are avoided.
Can you assist with GST registration and filing?
Yes, we can assist you with GST registration. Please contact our team for further information.
Thank you!
for your submission.
We've received your request and will be in touch soon. We look forward to assisting you!