Starting a business in Singapore is exciting. Dealing with the paperwork, tax compliance, and ACRA filings? Not so much. Unless you consider staring at Excel spreadsheets a fun weekend hobby, you are going to need professional help.
Singapore has a world-class financial ecosystem, but that also comes with strict regulations. You don’t want to get on the wrong side of the taxman. You need a team that is reliable, efficient, and confirm good. Whether you are a multinational corporation or a growing SME, having the right accountant can save you money and a lot of headaches.
Here are the 10 best accounting firms in Singapore.
1. PwC Singapore (PricewaterhouseCoopers)
When people talk about the “Big Four,” PwC is often the first name that comes to mind. They are a global giant and a heavy hitter in the Singapore market. They provide a full range of services including audit, tax, and business consulting.
Best for: Large multinational corporations and industry leaders who need the absolute highest level of credibility and expertise.
2. Deloitte Singapore
Deloitte is another member of the prestigious Big Four. They are renowned not just for their accounting, but for their massive consulting arm. If your business is looking to undergo a digital transformation or needs complex risk management advice alongside your tax filing, Deloitte is the place to go.
Best for: Companies looking for comprehensive business solutions and high-level consulting alongside their audit.
3. EY Singapore (Ernst & Young)
EY is famous for its slogan “Building a better working world,” and they live up to it. They have a very strong focus on entrepreneurship and innovation. Their “EY Entrepreneur Of The Year” program is legendary. They offer exceptional tax services and are great at helping businesses scale up.
Best for: High-growth companies and startups looking to scale globally.
4. KPMG Singapore
The final member of the Big Four, KPMG has a deep-rooted history in Singapore. They work with many of the government agencies and large financial institutions. They are known for being extremely thorough in audits and have a very strong advisory practice regarding Singapore’s specific regulatory framework.
Best for: Banking, finance, and government-linked projects where regulatory compliance is critical.
5. RSM Singapore
If the Big Four feels too big or too expensive for you, RSM is the next best choice. They are the largest accounting firm outside of the Big Four in Singapore. They specialize in serving growing businesses (SMEs). They offer the “big firm” expertise but often with a more personalized touch suitable for local business owners.
Best for: Established SMEs and family businesses looking for top-tier service without the Big Four price tag.
6. BDO Singapore
BDO offers a fantastic balance between global reach and local knowledge. They have a massive international network, which is great if your Singapore company has branches overseas. They are known for excellent client service and being very approachable compared to some of the stiffer corporate giants.
Best for: Mid-sized companies with cross-border business needs.
7. Foo Kon Tan
Foo Kon Tan is a name that commands respect in the local industry. Established in 1968, it is one of Singapore’s most established home-grown accounting firms. Because they are local, they understand the specific challenges of the Singapore market better than anyone.
Best for: Business owners who want a trusted, heritage brand that understands the local culture and context.
8. Baker Tilly Singapore
Baker Tilly is part of a top-10 global network. They are known for being very collaborative. They don’t just crunch the numbers; they act as business partners. They have strong expertise in insolvency and restructuring, as well as standard audit and tax matters.
Best for: Companies facing transition or those needing forensic accounting services.
9. Mazars in Singapore
Mazars is an international integrated partnership with European roots. They are rapidly growing in Asia and are known for their transparency. They have a strong tech focus and offer great outsourced accounting services, allowing you to hand over your entire finance function to them.
Best for: European companies setting up an HQ in Singapore.
10. Moore Singapore
Moore Singapore has been around for over 30 years. They operate with a boutique philosophy, meaning you get very close attention from the partners. Despite the boutique feel, they are part of the Moore Global network, so they have the resources to handle complex international matters.
Best for: Clients who want direct access to senior partners and a highly personalized relationship.
