Outsourced Accounting & GST Compliance Services for Singapore
Bookkeeping, GST returns, payroll, and ACRA-aware financial reporting for Singapore-registered companies — handled by dedicated accounting professionals.
Singapore-Ready Accounting Support
Singapore’s compliance landscape — IRAS GST requirements, CPF contributions, MOM payroll regulations, and ACRA annual filings — demands precision and local knowledge. Our team is trained to support Singapore-registered businesses with accuracy and timeliness.
Singapore-Ready Accounting Support
Singapore’s compliance landscape — IRAS GST requirements, CPF contributions, MOM payroll regulations, and ACRA annual filings — demands precision and local knowledge. Our team is trained to support Singapore-registered businesses with accuracy and timeliness.
IRAS GST Expertise
We prepare quarterly GST F5 returns, handle input tax claims, and ensure your business stays compliant with IRAS regulations at the current GST rate.
CPF & Payroll Compliance
Accurate CPF contribution calculations, SDL levies, and payroll processing in compliance with MOM requirements and the Employment Act.
Xero Singapore Specialist
We work in Xero's Singapore edition with local tax codes, GST reporting, and bank feeds from major Singapore banks pre-configured.
ACRA Filing Support
We prepare financial statements in accordance with Singapore Financial Reporting Standards (SFRS) to support your annual ACRA filing.
SGT Business Hours
Our team's working hours overlap with Singapore business hours, enabling timely response and same-day turnaround on most requests.
Cost-Effective vs Local Hire
Outsourcing to Krishna Associates offers significant savings compared to employing a local bookkeeper or in-house accountant in Singapore.
What We Offer Singapore Businesses
Comprehensive outsourced accounting services tailored to Singapore’s regulatory environment.
Bookkeeping Services
Daily/monthly transaction recording, bank reconciliation, accounts payable and receivable, and month-end close in compliance with Singapore accounting standards.
GST Returns (F5/F7)
Quarterly GST F5 return preparation, input tax claim management, GST refund support, and ongoing compliance with IRAS GST requirements at the prevailing rate.
Payroll & CPF
Monthly payroll processing, CPF contribution calculations, SDL levy management, IR8A preparation, and NS make-up pay — handled accurately every month.
Management Reporting
Monthly P&L, balance sheet, cash flow statements, and bespoke management dashboards that give Singapore business owners clear financial visibility.
Annual Accounts Preparation
Financial statement preparation in accordance with SFRS to support your company secretary and auditor for ACRA filing and annual general meetings.
Accounts Receivable & Credit Control
Debtor management, invoice follow-ups, and AR ageing reporting to ensure your Singapore business maintains healthy cash flow.
What We Handle for Singapore
- IRAS GST F5 quarterly return preparation
- GST registration and deregistration support
- CPF contributions — employee and employer
- Skills Development Levy (SDL) calculation
- IR8A annual income tax form preparation
- SFRS-compliant financial statements for ACRA
- Month-end close and management reporting
Ready to Outsource Your Singapore Accounting?
From GST returns to CPF payroll and ACRA-ready financials, Krishna Associates provides reliable, accurate accounting support for Singapore businesses of all sizes.
Serving companies registered in Singapore across all industries.
Frequently Asked Questions — Singapore
Yes — we always apply the current prevailing GST rate as set by IRAS. Our team monitors GST rate changes and updates your accounting setup accordingly to ensure all returns are filed at the correct rate.         Â
Yes. We calculate CPF contributions correctly for Singapore Citizens, Permanent Residents, and we also manage Work Permit/EP/S-Pass holders' payroll correctly, applying the appropriate contribution rates for each employment pass type.
We primarily use Xero (Singapore edition) for its strong local GST reporting and IRAS integration. We also work with QuickBooks Online and Zoho Books depending on your existing setup.
We prepare financial statements in accordance with Singapore Financial Reporting Standards (SFRS) that can be used by your company secretary and auditor for ACRA's annual filing requirements. We work closely with your professional advisors.
Contact us via email at info@krishnaassociates.biz or through our contact form. We'll schedule a free 30-minute consultation to understand your needs and recommend the right service package. Onboarding typically takes 48 hours.
The Outsourced Accounting Team Singapore Businesses Rely On
Let Krishna Associates handle your GST returns, CPF payroll, and financial reporting while you focus on growing your Singapore business.