Smooth Handover of Your Records
We liaise directly with your current accountant to gather ledgers, statements, and reports, so nothing gets lost in the switch.
Xero Certified Advisor · ACRA Registered Filing Agent
Accounting & Bookkeeping Built Around Your Business
Bookkeeping, financial reporting, and tax support from a team with a banking background, priced by how your business actually runs, not a one-size-fits-all tier.
Switching to Think SME, Without the Hassle
Dedicated Accounting & Relationship Managers
One accounting manager and one relationship manager oversee your handover and your account going forward, so you always know who to call.
Zero Disruption to Your Business
Your bookkeeping and compliance carry on as normal while we manage the transition behind the scenes.
One Clear Price, No Hidden Fees
A single straightforward package covers onboarding, migration, and ongoing accounting, nothing sprung on you later.
Records Reviewed Before Takeover
We review ledgers, statements, and outstanding filings, and flag any gaps before we take over.
Transparent Pricing
Two Ways to Work With Us
Same core service, billed the way that fits how your business runs.
Yearly Accounting & Bookkeeping
From
S$1,200
Per financial year
Best for lower transaction volumes
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Annual bookkeeping & reconciliation
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Annual management & financial report
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Assigned accountant
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Annual tax return filing support
MOST FLEXIBLE
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Monthly Accounting & Bookkeeping
Billed monthly, a good fit for active, growing businesses.
From
S$500
Per month
Best for active, high-volume SMEs
Monthly bookkeeping & reconciliation
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Live monthly management & financial reports
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Dedicated accountant & relationship manager, priority response
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Ongoing tax and GST filing support
How Pricing Works
What Determines Your Exact Price
We don’t force every business into the same fixed tier. Your quote reflects the real work behind your books.
Switch to Think SME
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Business Nature
Holding companies and retailers have different accounting needs.
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Transaction Value
A few monthly invoices require less work.
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Frequency
Update frequency affects the bookkeeping workload.
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Revenue
Higher revenue means more to reconcile, report, and file.
Trusted by Growing Businesses
Why SMEs Come to Us for Accounting
Newly Incorporated
Getting accounting set up from day one avoids backlog and messy records when your first ECI or tax filing comes due.
Outgrowing Spreadsheets
Once transaction volumes climb, manual tracking stops giving you an accurate read on cash flow and margins.
Foreign-Owned, Singapore-Registered
Operating from abroad doesn’t remove your obligation to keep locally compliant books and file locally, we handle it remotely.
Switching Providers
Slow responses or unclear reporting from your current accountant are common reasons businesses move on.
Spending Too Much Time on Finance Admin
If receipts, reconciliation, and deadlines eat hours every month, outsourcing usually costs less than doing it yourself.
Know Your Obligations
Accounting Requirements for Singapore Companies
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Record-Keeping
Under Section 199 of the Companies Act, every company must maintain accounting records explaining its transactions and financial position, kept for at least 5 years.
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GST Registration & Filing (optional)
Mandatory once taxable turnover exceeds S$1 million. File quarterly via Form GST F5 at the current 9% rate.
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ACRA Annual Return
File within 7 months of your financial year end, or 5 months for listed companies. Late penalties can reach S$600.
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Corporate Tax Filing
File ECI within 3 months of your financial year end. File Form C-S, C-S Lite, or Form C. Tax is 17%, with partial exemption on the first S$200,000.
Why Think SME
The Same Firm for Compliance, Digital, and Financing
Xero Certified Advisor
Setup, migration, and ongoing support from a team actually certified on the platform.
ACRA Registered Filing Agent
The same firm that can also handle your incorporation, secretary, and compliance filings.
IRAS Tax Filing Agent
Authorised to prepare and file your corporate tax returns directly with IRAS on your behalf.
EDGE Grant Eligible
As an IMDA Pre-Approved Vendor, your Xero setup may qualify for up to 50% EDGE grant support.
Financing When You Need It
Clean books make loan and financing applications smoother, through the same team, via our 60+ lender network.
Google Reviews
See Why Founders Recommend Think SME
Common Questions
Questions SMEs Ask Us First
How much does it cost to set up a company in Singapore?
Think SME's all-in company setup package starts from S$888, which covers the ACRA government registration fee, company constitution preparation, registered office address, and first-year corporate secretarial service. The ACRA government fee alone is S$315, our professional package bundles everything a new Singapore company needs from day one. Contact us for a full transparent quote tailored to your business structure.
When must my Singapore company register for GST?
You must register for GST within 30 days once your taxable turnover goes over S$1 million: either at the end of a calendar year (retrospective basis) or when you expect it to exceed S$1 million in the next 12 months (prospective basis). Below that threshold, registration is voluntary, and if you register voluntarily you must stay registered for at least two years. Once registered, you charge GST at 9% and file returns with IRAS, usually every quarter. We can check whether you need to register and handle the application and filings for you.
How fast can Think SME incorporate my Singapore company?
Once we have your documents and identity checks completed, most companies are incorporated within 24 hours, because the name is approved instantly and ACRA registers the company the same day. It takes longer if your proposed name contains words that ACRA refers to another authority (for example “bank”, “law” or “school”), or if a foreign founder still needs a locally resident director, which we can provide. Everything is done online, so you don’t need to be in Singapore.
What is the corporate tax rate in Singapore?
Singapore charges a flat 17% corporate income tax on chargeable income, and exemptions bring the effective rate well below that for most SMEs. A new company can claim the Start-Up Tax Exemption for its first three Years of Assessment (75% of the first S$100,000 and 50% of the next S$100,000 exempt). Other companies get the Partial Tax Exemption (75% of the first S$10,000 and 50% of the next S$190,000). Corporate Income Tax rebates announced in the Budget can reduce the bill further in some years. Try our tax calculator for an estimate.
My bank rejected my SME loan application, what can I do?
A rejection from one bank doesn’t mean you can’t get financing. Every lender has its own criteria for years in operation, revenue, profitability, industry and credit history, so a profile one bank turns down can suit another. Our ex-banker team reviews your financials, explains why you were declined and matches you against 60+ banks and alternative lenders, including government-assisted Enterprise Financing Scheme loans. The assessment is free and doesn’t commit you to anything.
What makes Think SME different from competitors?
One team covers your whole journey: incorporation, corporate secretary, registered address, accounting, GST and corporate tax, plus business financing and grants. We’re an ACRA Registered Filing Agent, an IMDA pre-approved vendor and Xero Certified Advisors, and our financing team of former bankers compares 60+ lenders for you. Pricing is transparent and agreed upfront, and our clients rate us 4.9 on Google.
Ready for accounting that fits your business?
Tell us about your business and we’ll quote you directly, no forced tiers.
4.9
