
When Does a Company Need to Register for GST in Singapore? (2026 Guide)
GST registration is compulsory once taxable turnover exceeds S$1 million in any 12-month period.
OneStop Professional Services Pte. Ltd. is a reliable audit firm in Singapore with the capabilities and resources to help your business, whether big or small, in a wide spectrum of auditing requirements that includes independent audit of financial statements.
Auditing is one of the essential first steps towards ensuring that businesses can take the necessary and effective measures as well as controls within their company that would aid in enhancing their business processes.
A necessary undertaking for businesses, it is through reliable financial information on their operations that organisations are able to have a better understanding of their financial position and can minimise costs wherever possible.
Hiring a dependable audit firm in Singapore is a significant milestone that organisations and businesses of all sizes best commit to, should they want to make certain that their financial records are done precisely and transparently.
As a reliable Singapore audit company, OneStop offers a comprehensive range of corporate services, helmed by certified professionals equipped with a strong knowledge of auditing and accounting principles and a deep understanding of how crucial audited financial statements are to businesses in supporting them to make well-informed business decisions based on facts and records.
Here at OneStop, our team of skilled professionals can assist you in sourcing for a reliable, certified auditor responsible for communicating directly with your company to ensure accurate and efficient auditing for your business to minimise the risk of fraud or expose any discrepancies.
Auditing and accounting are relevant and essential in today’s business world as it assists in the following:
Every registered company in Singapore is expected to file financial statements as well as have their accounting records and statements officially audited annually, unless they are exempted from doing so.
Not all Singaporean businesses are required to undergo an audit. The need for an audit is dependent on the size, nature, and fulfilment of specific requirements set forth by the Accounting and Corporate Regulatory Authority (ACRA).
As more local and international businesses are affected by questionable auditing, the need for trustworthy auditing services has never been clearer. Reliable third-party auditors instil confidence in your consumers and partners, while protecting the company from mismanagement of funds and risks of fraud.
For a cost-effective audit exercise, here are some of the best practices to follow:
With deep knowledge of the Singapore market and broad consulting experience, OneStop is the go-to firm for your corporate service needs, bringing insights, tax advisory and efficient solutions that help you reach your business goals.
We help you harness digital tools to grow your business.
We stay proficient with the latest requirements.
We help you avoid inaccurate returns and missed statutory deadlines.
A clear assessment of your tax filing and financial records.
We make it our goal to understand your business needs profoundly.
We offer practical audit recommendations to enhance future corporate governance and operational procedures.
We aim to ensure your business financial statements meet the regulatory business requirements.
We are accredited by the Institute of Singapore Chartered Accountants (ISCA).
We are a full practising member of the Institute of Certified Public Accountants of Singapore (ICPAS).
Key services of OneStop include:
Have questions about tax or finances? OneStop has the local knowledge to help. Talk to us and discover how our auditing services in Singapore can benefit your business.
The compilation fees for unaudited reports at OneStop Professional are as follows:
*The final fee depends on the complexity of the company’s transactions and their management accounts.
For more information on our packages or to view additional pricing and services, please click here.
The varied audit services that we offer at OneStop Professional include the following:
The compilation fees for unaudited reports at OneStop Professional are as follows:
*The final fee depends on the complexity of the company’s transactions and their management accounts.
For more information on our packages or to view additional pricing and services, please click here.
There are a number of benefits of an audit, including:
On top of being a certified public accountant, an auditor in Singapore must be a member of the Institute of Singapore Chartered Accountants (ISCA). Additionally, they must adhere to the requirements and standards established by the Accounting and Corporate Regulatory Authority (ACRA).
It is important to seek a registered auditor when seeking auditing services from an audit firm in Singapore to ensure the accuracy, integrity, and reliability of the audit process. For reputable auditing services in Tanjong Pagar, contact us for more information.
There are several stages involved in the process of an audit, whether you hire an in-house auditor or engage in a third-party audit company in Singapore. Planning, risk assessment, testing, and reporting are just a few of the elements that make up an audit process. The auditor will examine the company’s financial records and statements and may also speak with key personnel and carry out on-site inspections.
From setting up your company to understanding accounting, tax and compliance, find practical guides that explain what matters, what to prepare and where to start.

GST registration is compulsory once taxable turnover exceeds S$1 million in any 12-month period.

ACRA charges S$15 for the name application and S$300 for company registration. Those fees are fixed.

Anyone can check a company’s GST registration status for free through the IRAS myTax Portal.

Timeline, fees and what to prepare — total government cost is S$315 for most applications.
Company setup, overdue bookkeeping, confusing paperwork, or an accountant who’s hard to reach? Tell us what’s on your plate. We’ll help you work out what support you need and how to get started.
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Tell us what you need and we’ll come back to you with what it costs. Packages from S$600, with the S$315 ACRA fee already included.