FREELANCERS & CONSULTANTS · SINGAPORE
Accounting & tax for freelancers and independent consultants.
Freelance income can arrive from retainers, projects and overseas clients while software, travel and subcontractor costs sit across personal accounts. We turn that into defensible records, accurate tax filing and a clear answer on when a company makes sense.
The challenges we see in Freelancers & Consultants.
How we help freelancers and independent consultants.
Accounting & Bookkeeping
Simple records separating client income, business expenses, reimbursements and drawings.
Learn morePersonal Tax & GST
Self-employed income tax and GST monitoring, including overseas-client classification.
Learn moreIncorporation & Corporate Secretary
A numbers-led comparison of sole proprietorship against moving operations into a Pte Ltd.
Learn moreCorporate Tax
Corporate tax support when a consulting practice incorporates and pays salary, fees or dividends.
Learn moreWHAT TO WATCH FOR
Compliance notes for Freelancers & Consultants.
- A sole proprietor reports net business income as personal income; drawings are not salary paid to a separate owner.
- Self-employed persons may have mandatory MediSave obligations based on net trade income, separate from income tax.
Typical setup
Usually a sole proprietorship or one-owner Pte Ltd with high-value invoices, recurring software, overseas clients and occasional subcontractors.
Recommended: Essentials
Essentials fits a lower-volume independent practice needing orderly records and annual compliance.
See packagesFreelancers & Consultants accounting — common questions.
Can I deduct my laptop and software?
Business costs may be deductible, but private use and capital items need separate treatment. Keep invoices and an allocation basis.
Are overseas consulting fees subject to GST?
Some international services can be zero-rated when conditions are met; overseas billing is not automatically zero-rated.
When should a freelancer incorporate?
Consider risk, profit, retained cash, customers and hiring rather than tax rate alone.
Do freelancers need bookkeeping?
Yes. Even a simple practice needs records supporting income, expenses, tax filing and GST turnover monitoring.
GUIDES & TOOLS
Useful next steps for freelancers and independent consultants.
Other industries we serve.
Run freelancers and independent consultants? Let's talk.
Book a free consultation and we'll map out exactly how we keep your books and filings clean — and recommend the right package.