SaaS & Technology Accounting & Tax Services in Singapore

Our Singapore SaaS & Technology accounting services are built for the entire lifecycle of a tech company:

• Global SaaS Companies using Singapore as an APAC HQ: Businesses with customers across Southeast Asia and beyond who need to manage regional revenue and compliance from a stable hub.
• Early-Stage Startups: New companies aiming to take advantage of the SUTE scheme, which offers significant tax exemptions in the first three years.
• Venture-Backed Scale-Ups: Growth-stage companies that require SFRS-compliant financials, detailed cohort analysis, and robust financial models for board reporting and future fundraising rounds with Singapore-based VCs.
• Companies with R&D in Singapore: Tech firms investing in product development who need to correctly account for these expenses to potentially qualify for government grants and tax deductions.

Specialized SaaS accounting is crucial from your first subscription sale. It becomes absolutely non-negotiable at these key milestones:

• When You Sign Your First Annual Contract: Under SFRS(I) 15, revenue from an annual subscription must be recognized monthly over the life of the contract, not upfront. This requires deferred revenue accounting from day one.
• Before You Seek Investment: VCs in Singapore will perform deep due diligence on your key SaaS metrics: Monthly Recurring Revenue (MRR), Customer Acquisition Cost (CAC), and Lifetime Value (LTV). These can only be calculated from clean, properly structured financial data.
• When You Sell to International Customers: You must correctly apply GST rules for digital services, which are typically zero-rated when supplied to overseas customers, but require proper documentation.
• When You Prepare Your First Annual Filing: Your Unaudited Financial Statements filed with ACRA must comply with SFRS, especially regarding revenue recognition. Getting this wrong is a major compliance failure.

The cost of outsourced SaaS accounting reflects its strategic importance in tax optimization and supporting valuation. The ROI from proper SUTE application and investor-readiness is immense.

• Early-Stage Startups (<S$1M ARR): S$800 - S$2,000 per month. This covers SFRS-compliant bookkeeping, GST compliance, and basic SaaS metric reporting.
• Growth-Stage Companies (S$1M - S$5M ARR): S$2,000 - S$5,000 per month. This includes more advanced SaaS metric dashboards, departmental budgeting, and preparation of an investor-ready reporting pack.
• Mature Tech Companies (>S$5M ARR): Custom pricing starting at S$5,000+, often including fractional CFO services for strategic planning and fundraising support.

For Singaporean tech companies, financial compliance risks can directly impact their tax status, valuation, and ability to operate.

• SFRS(I) 15 Non-Compliance: Improper revenue recognition is a major red flag for auditors and investors and can lead to a qualified audit opinion, potentially jeopardizing your trade license renewal if an audit is required.
• Loss of SUTE Benefits: Failing to meet the eligibility criteria for the Start-up Tax Exemption scheme can result in a significantly higher tax bill in your first three years.
• GST on Digital Services: Incorrectly determining the 'place of supply' for software sold to customers can lead to significant GST liabilities and penalties from IRAS.
• Inaccurate SaaS Metrics: Presenting flawed metrics like MRR or Churn to your board or potential investors destroys credibility and can jeopardize your fundraising efforts.

Hiring an in-house finance team with specific expertise in SFRS(I) 15, Singaporean tax incentives, and SaaS metrics is extremely expensive. Outsourcing to YourLegal provides immediate access to a team that specializes in the Singapore tech ecosystem.

We act as your strategic finance partner. We help you structure your operations to maximize eligibility for tax schemes like SUTE. We implement systems to track your SaaS metrics accurately and ensure your revenue is recognized correctly according to Singaporean accounting standards. Our investor-grade reporting gives you the data you need to manage your business effectively and communicate confidently with your board. This allows you to focus on building a great product, confident that your financial operations are robust, compliant, and highly tax-efficient.