Provider profile
Wafeq
Raqma's read on Wafeq
Raqma's read on Summarised from catalogue fields — not a paid placement.
- Products tracked
- 2 across 2 categories (Accounting & tax, E-invoicing)
- Licence status
- No UAE licence on record — verify directly
- Public rating
- Apple App Store (AE): 5/5 · 3 reviews — snapshot 2026-10-23 (source)
- Lowest monthly fee
- AED 69 — Wafeq Accounting
- Free-zone acceptance
- 2 of 2 products accept free-zone licences
- Last reviewed
In short: Wafeq has a focused offer in the UAE accounting & tax and e-invoicing space, with published fees from AED 69/mo. No UAE licence is verified in our catalogue — confirm regulatory status directly before applying.
Is Wafeq right for you?
Fit read from catalogue fields — not a recommendation, confirm terms with the provider.
- UAE SMEs
- Partial fit 2 products tracked across 2 categories
- E-commerce merchants
- Limited No payment-gateway products tracked
- Free-zone companies
- Strong fit 2 of 2 products accept free-zone licences
- Import-export businesses
- Limited No cross-border products tracked
- Startups needing corporate banking
- Partial fit Approval details not yet verified
Strengths and watch-outs
Aggregated across the tracked Wafeq catalogue — exact terms are on each product page.
Where Wafeq stands out
- AED 69 monthly fee
- Accepts free-zone licences
- MoF-accredited service provider
Licensing
- UAE Ministry of Finance — accredited · no. MoF ASP accreditation 129932 — Accredited Service Provider on the UAE Ministry of Finance e-invoicing list, accreditation no. 129932. — register checked 2026-10-15
Verified answers
Wafeq Accounting
What plans does Wafeq offer?
Three self-serve plans — Starter, Plus and Premium — plus an Enterprise tier quoted by sales. The UAE pricing page lists prices in UAE Dirhams: AED 69 / 99 / 249 per month on monthly billing, or AED 57 / 80 / 200 per month equivalent on annual billing (one yearly payment of 10× the monthly price).
Source: wafeq.com · verified
What does Wafeq cover beyond bookkeeping?
The suite spans invoicing and purchases, inventory, payroll, VAT and corporate tax workflows, financial reporting and bank connections — positioned for SMEs, finance teams and accounting firms across the Middle East.
Source: wafeq.com · verified
Does Wafeq support e-invoicing mandates?
Wafeq offers ZATCA Phase 2-compliant e-invoicing in Saudi Arabia and FTA-aligned e-invoicing preparation in the UAE, with public API docs at developer.wafeq.com.
Source: wafeq.com · verified
Can accounting firms use Wafeq for clients?
Yes — Wafeq runs a partner network and public directory of Wafeq-certified accounting firms covering bookkeeping, VAT returns, audit support, payroll and company formation across Saudi Arabia, the UAE and Egypt.
Source: wafeq.com · verified
Wafeq
What e-invoicing compliance does Wafeq support?
Wafeq is ZATCA Phase 2-compliant for Saudi e-invoicing and offers FTA-aligned e-invoicing preparation for the UAE mandate, embedded in its accounting suite rather than a standalone connector.
Source: wafeq.com · verified
Is Wafeq e-invoicing priced separately?
E-invoicing capability sits inside the Wafeq accounting subscription — there is no separately listed e-invoicing SKU on the regional pricing page. Plans are Starter, Plus, Premium and Enterprise.
Source: wafeq.com · verified
Does Wafeq expose an API for e-invoicing?
Public API documentation is published at developer.wafeq.com, and the platform lists integrations with regional banks and business tools.
Source: wafeq.com · verified
Frequently asked questions
Is Wafeq licensed in the UAE?
We could not verify a UAE licence for Wafeq in our catalogue. Check the provider’s regulatory status directly before applying.
What Wafeq products can I compare here?
We track 2 Wafeq products: Wafeq Accounting, Wafeq. Each entry shows the published fees, requirements and approval details.
How do I apply for Wafeq?
Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to Wafeq’s own onboarding through the outbound links.