ACRA Compliance · Bookkeeping · Financial Statements
ACRA-Compliant Bookkeeping & Accounting Services For Singapore SMEs
One local team. Transparent flat-fee pricing.
Get a no-obligation quote in 24 hours.
Accounting Services for Singapore SMEs
ACRA-compliant bookkeeping, financial statements & XBRL handled by a trusted Singapore team.
Get a free, no-obligation quote today.
Bookkeeping · Monthly Retainer
Monthly Bookkeeping
Outsourced bookkeeping for Singapore SMEs — stay organised and ACRA-ready every month
Who needs this?
Growing businesses needing accurate, up-to-date books to guide decisions and stay compliant.
From
S$6X / month
Based on transaction
volume · no hidden fees
Financial Statements · Annual
Annual Financial Statements
ACRA-compliant unaudited financial statements for Singapore private companies
Who needs this?
Singapore-incorporated companies with ACRA filing obligations.
From
S$7XX / year
Quoted per engagement
· transparent pricing
XBRL Filing · ACRA Compliance
XBRL Preparation
XBRL financial statement filing for Singapore companies under ACRA's BizFile+ requirements
Who needs this?
Companies required to file financials in XBRL format under ACRA guidelines.
Quoted per
Engagement
Based on filing size
· no surprise fees
WHY SINGAPORE BUSINESSES CHOOSE LIONSWORLD
Accounting & Compliance you can count on — so you can focus on running your business
From ACRA filings to day-to-day bookkeeping, we handle the financial details that slow founders down.
Local experts, clear pricing, zero surprises.
Expertise & Compliance
Deep ACRA & Compliance Expertise
Proactive Deadline Alerts
Full-Suite Under One Roof
Service & Responsiveness
A Real Person, Not a Ticket Queue
Packages That Grow With You
Pricing & Trust
Transparent, Flat-Fee Pricing
40+ years, 100% Singapore-based
Consistent, Deadline-Driven Delivery
Let us handle your accounting.
WhatsApp us for a free, no-obligation consult.
Lionsworld vs. Online-Only Providers
Generic platforms miss ACRA nuances, bury fees in tiers, and route you to offshore teams. See how a dedicated local firm compares.
40+ years serving Singapore SMEs
A local firm with deep roots — clients who started with us as sole proprietors still work with us decades later.
Newer entrants, still maturing
Many online providers are still building their operational track record. Service consistency can vary, especially during busy filing periods.
WhatsApp, phone, email, or in-person
Reach your dedicated accountant through whatever channel suits you — including walking into our Singapore office.
Email or web portal only
Queries go into a ticket queue. Response times vary, and you rarely speak to the same person twice.
ACRA-registered filing agents
We proactively flag every ACRA deadline — AGMs, annual returns, director changes — before they become your problem.
Automated reminders, limited local nuance
Generic alerts cover standard dates but often miss Singapore-specific requirements, edge cases, or regulatory updates.
Bookkeeping, secretarial & ACRA — one team
All services are coordinated in-house. No handoffs, no gaps between providers, no duplication of effort.
Fragmented across offshore teams
Different services often handled by different teams across different time zones, creating delays and accountability gaps.
Flat-fee, quoted upfront
Flexible packages scoped to your business size. You know the exact number before signing — no add-ons, no surprises.
Rigid tiers with common upsells
Base plans look affordable, but many SMEs find themselves pushed into higher tiers for services they assumed were included.
Ready to outsource your accounting? Get a quick quote on bookkeeping, compilation, or XBRL today.
ACRA compliance risk
A Missed ACRA Deadline Can Cost Your Director Their Position
Failing to file annual financial statements or XBRL reports on time is not a minor oversight. ACRA treats late filings as a statutory breach — and the consequences fall on the directors personally, not just the company.
Let us handle your accounting.
WhatsApp us for a free, no-obligation consult.
Accounting Services FAQ
Monthly bookkeeping is the ongoing process of recording and organising every financial transaction your business makes — including sales, expenses, invoices, and bank reconciliations — on a month-by-month basis. For Singapore SMEs, accurate monthly bookkeeping is required to meet ACRA's record-keeping obligations and to prepare compliant annual financial statements.
XBRL (eXtensible Business Reporting Language) is the electronic format required by ACRA for financial statement submissions by Singapore-incorporated companies. Since November 2007, most companies filing with ACRA must submit financial data in XBRL — either a full XBRL set or Financial Statement Highlights. Non-compliance or late submission attracts fines of S$300–S$600 per document.
How much does outsourced accounting cost for Singapore SMEs?
Accounting fees for Singapore SMEs vary based on transaction volume and complexity. Monthly bookkeeping for small businesses typically starts from S$60 per month for companies with up to 100 transactions. Annual financial statement compilation is usually quoted per engagement. XBRL preparation fees depend on the size of the financial statements. Contact us for a free, itemised quote.
Who is Lionsworld best suited for?
Our services are tailored for Singapore-incorporated small businesses and startups. Whether you’re a sole proprietor scaling up or a tiny company with a handful of staff, we have scalable solutions that grow with you.
What is Estimated Chargeable Income (ECI)?
Estimated Chargeable Income (ECI) is a company’s estimate of its taxable profits for a particular Year of Assessment, i.e., chargeable income after deducting all tax-allowable expenses. IRAS relies on the ECI submissions to raise an initial tax assessment and to monitor how businesses are performing across the economy.
When does my company need to file Estimated Chargeable Income (ECI)?
You have3 months after your financial year ends to file your ECI. We will send reminders to our clients, so you can focus on growing your business instead of wrestling with tax forms.
What is an Annual Return (AR) and what do I need to do?
An Annual Return is a mandatory e-form filed with ACRA each year to keep Singapore’s public company register up to date. It captures your company’s key particulars — directors, secretary, shareholders, registered address, share capital, and the date of your latest financial statements or AGM.
All Singapore-incorporated companies, including dormant ones, must file. The deadline is within 7 months of your financial year-end for private companies, or 5 months for listed companies.
Before you can file, three things must be in place:
- Financial statements in XBRL format (if required), approved by directors
- AGM held or formally dispensed with
- BizFile+ login credentials or an appointed filing agent
File through BizFile+ and pay the S$60 filing fee.
Missing the deadline is costly. ACRA imposes S$300 for late filings within three months, rising to S$600 thereafter. Persistent non-compliance can lead to prosecution under section 197 of the Companies Act — and directors risk personal disqualification.
Lionsworld manages your entire ACRA compliance calendar and flags your AR deadline well in advance, so none of this lands on your plate unexpectedly. Get in touch to find out how.
What are the differences between bookkeeping and year‑end financial statements?
Bookkeeping is the foundation, capturing the raw data needed for regular management every month. Year-end financial statements are the culmination, transforming that data into the standardised format that satisfies regulatory requirements and provides credibility to ACRA and IRAS.
Both are essential:bookkeeping ensures operational control, while financial statements ensure compliance with regulations.
Can Lionsworld help me handle both my books AND year-end statements?
Absolutely. We’re your one-stop solution for monthly bookkeeping, management accounts, and year-end financial statements in XBRL format. Additionally, we’ll liaise with your auditors, so you won’t have to act as a middleman between different service providers.
Why outsource accounting instead of hiring in-house?
Outsourcing allows you to access expert knowledge without bearing the overhead of a full-time staff. It also ensures that your financials are reviewed by professionals who stay up to date with the latest regulations.
What is XBRL filing and why is it required?
Under Accounting and Corporate Regulatory Authority (ACRA) rules in Singapore, XBRL stands for eXtensible Business Reporting Language. It is an XML-based standard designed for electronic communication of business and financial data.
The requirement: since 1 November 2007, incorporated companies required to file financial statements with ACRA are mandated to submit them in XBRL format — either a full set of statements or, in certain cases, Financial Statement Highlights in XBRL format.
Why required? XBRL enables efficient, accurate and comparable submission of financial data. It enhances transparency, allows ACRA and other users to analyse data more readily, and improves the quality of regulatory reporting.
For more information, see ACRA’s official page: About XBRL
Your Next ACRA Deadline Is Closer Than You Think
Talk to our team today — no forms, no obligation, just a straight answer on how we can help.
WhatsApp us now or request a free quote. We typically respond within the hour.
For all the ways you work, we’re here
Feel free to reach out to us, we are happy to help!
111 North Bridge Road, Peninsula Plaza
#21-01
Singapore 179098
Operating Hours: Mon-Fri
- 9:00 AM – 5:30 PM (Closed for lunch from 11:30 AM -12:30 PM)