Hassle-free accounting services
Simplified accounting and bookkeeping services for Singapore entrepreneurs. Dedicated accountants, online bookkeeping and timely tax filings.
Start your Journey with us, in 3 easy steps!
Book a free consultation
Meet our accountant
We will take care of the rest
Why outsource your accounting to us?
Expert support
A dedicated, qualified accountant is assigned to your company to ensure compliance and provide expert guidance.
Stay compliant
Timely filing. Accurate, online bookkeeping. Always. We meet deadlines and ensure your business compliance.
No surprises
Transparent, all-inclusive pricing with no surprises, where you pay only for company expenses, not transaction volume.
Frequently Asked Questions
- Why do I need accounting services?
By suggesting process improvements, handling financial and tax duties, and introducing you to solutions that can help you save time and money, hiring an accountant will help you manage many facets of your business - How much does accounting services cost?
YiKai Advisory offers transparent, professional accounting services without hidden costs. Our trained staff assists entrepreneurs and private limited company owners globally, simplifying accounting, tax filing, and financial reporting. This allows clients to focus on growing their businesses while we handle their accounting needs.
We provide tailored accounting packages and digital solutions. Contact us for information on services such as opening a bank account, invoices, income tax submission, management reports, balance sheet management, financial year-end, and corporate secretarial services. - How to outsource accounting services in Singapore?
YiKai Advisory provides efficient and transparent accounting and tax submission services. With our outsourced solutions, you can focus on your business while our professional team handles your financial year requirements, including income statements, investments, maintenance, income tax return filing, and annual return filing.
Our firm partners with automated and paperless financial systems like Receipt Bank, Xero, and our proprietary YiKai Accounting Software. Receipt Bank extracts details from receipt photos, while Xero and YiKai Accounting Software manage expenses, transactions, invoices, and records digitally. Our experienced accountants are available to assist with any software questions or issues.
Contact us for a free consultation and cost estimate. We’re just one call away! - What is included in the accounting services?
Traditional accounting firms and services in Singapore involve summarizing, analyzing cash flow, and interpreting financial transactions recorded in the ledger. For private limited (pte ltd) businesses, this includes identifying, measuring, and consistently recording daily financial transactions.
Understanding the difference between accounting services in Singapore and elsewhere can help pte ltd business owners appreciate the crucial role these processes play in company growth. By outsourcing your accounting services, annual return documents, and financial requirements to us, you can save time and costs while focusing on your business. Our professionally trained accountants comply with Singapore’s privacy policy and follow financial reporting standards, managing all expenses and financial records transparently.
We offer clear pricing for our monthly accounting service packages, available on our website. Clients can choose packages that best suit their business needs and adjust their subscription for additional management reports as required. Using software like Xero and YiKai Accounting Software, we efficiently manage expenses, invoices, and records.
Contact our team or submit the form to learn more about our accounting services. Our staff and accountants are ready to assist you. - I want to use YiKai Advisory’s outsourced accounting services, but my accounts are messy. What can I expect?
If your accounts are messy, our team will address this during onboarding by conducting an initial accounting review. We use accounting software from our pre-accounting partner, Receipt Bank, and our digital financial system partners, Xero or YiKai’s in-house Accounting Software, to identify any issues and propose corrective measures. This process, known as ‘Reconstruction of Accounts,’ ensures that your business accounts comply with the Accounting Standards of Singapore. Afterward, our accountant will welcome you with our hassle-free digital solutions and accounting services.
Leave us your email through the form above or call us to speak with an accountant or sales representative for a free consultation on the pricing and fees of our accounting services today. - If my company exceeds $1 million in revenue, but this revenue is generated offshore, do I need to register for GST?
If your total revenue exceeds S$1 million, regardless of whether it is generated onshore or offshore, your company must apply for a GST Exemption (GST F2 application) with IRAS to defer ongoing GST compliance. To maintain this exemption, you must ensure that at least 90% of your total revenue is consistently from offshore/international sources.
If your offshore revenue drops below 90% for three consecutive months, you must inform IRAS and register for GST immediately. IRAS may backdate the effective date of GST registration to when your offshore/international sales fell below 90%. - What do you need to do when your company becomes GST registered?
If your company is GST registered, you must charge 9% GST on invoices for all local Singapore customers and 0% GST for overseas customers. Additionally, you can claim GST input on local suppliers’ invoices and will need to file GST returns on a quarterly basis.
YiKai Advisory 