Yes. AI companies buy records from accounting firms, and micro1, Handshake AI and Turing accept companies in Singapore. Published payouts for this kind of company run S$130K to S$640K ($100K to $500K), from micro1's qualified-partnership tier. ACRA regulates public accountants, and the ISCA Code of Professional Conduct and Ethics requires confidentiality.
What accounting firm records AI buyers want
Corporate secretarial and audit workflows for regional clients are well documented in English.
Mercor runs an accounting firm listing (US firms only); micro1 lists finance and accounting processes.
| Record | Why buyers want it |
|---|---|
| Close checklists and reconciliations | micro1 lists reconciliations, approvals and reporting workflows. |
| Engagement workflows and review notes | Show how a reviewer catches problems. |
| Firm SOPs and templates | Your own material, so the easiest to license. |
| De-identified workpapers | Valuable once client identities are removed. |
Which AI data buyers accept Singapore accounting firms
With no tax treaty, the full 30% US withholding applies unless the deal is structured as a service performed abroad.
| Buyer | Fit for Singapore | What to know |
|---|---|---|
| micro1 | Partial fit | Closed companies with 50+ peak staff; operating companies considered case by case; lists finance and accounting processes |
| Handshake AI | Possible | Professional services is closest; 20+ staff and 3+ years; accepts companies outside the US |
| Turing | Possible | Full operating records up to $1M; strongest demand in the US, UK, Canada and EU |
Published payouts in SGD
Micro1's qualified-partnership tier is the closest published figure for accounting firms, converted to SGD. Larger programs pay more for long, linked histories.
| Published figure | USD | SGD |
|---|---|---|
| micro1, qualified partnership | $100K to $500K | S$130K to S$640K |
| micro1, large-scale datasets | $500K to $2M | S$640K to S$2.6M |
| Handshake AI, advertised range | $100K to $4M+ | S$130K to S$5.1M+ |
Singapore rules for accounting firms
ACRA regulates public accountants, and the ISCA Code of Professional Conduct and Ethics requires confidentiality.
Any personal data left in the records falls under Personal Data Protection Act 2012 (PDPA); the Singapore privacy steps apply to every industry. Before anything leaves, exclude:
- Client financial statements and tax identifiers.
- Material covered by professional confidentiality rules.
- Data from client systems you accessed under engagement letters.
Can an accounting firm license client working papers?
Only with client identities removed and only where professional confidentiality rules and engagement letters allow it. Firm-wide procedures, close checklists and review-note patterns are the lower-risk core.
Our guide covers this in depth: AI data licensing: a guide for lawyers, accountants and advisors.
US tax on the license fee
For Singapore: 30%: there is no US-Singapore income tax treaty.
Source: IRS: Tax treaty tables
Common questions
Do AI companies buy accounting firm data in Singapore?
Yes. micro1, Handshake AI and Turing accept companies in Singapore. Corporate secretarial and audit workflows for regional clients are well documented in English.
How much do AI companies pay for accounting firm data?
Published payouts for this kind of company run S$130K to S$640K ($100K to $500K), from micro1's qualified-partnership tier, with larger tiers for big or unique datasets. Actual offers depend on your records and rights.
Is it legal for an accounting firm in Singapore to sell company data?
ACRA regulates public accountants, and the ISCA Code of Professional Conduct and Ethics requires confidentiality.
Can an accounting firm license client working papers?
Only with client identities removed and only where professional confidentiality rules and engagement letters allow it. Firm-wide procedures, close checklists and review-note patterns are the lower-risk core.
Sources and further reading
Origin Data Partners is independent and not affiliated with any buyer named on this page.
