Wafeq: unlimited users on every plan, and UAE accreditation

Most cloud accounting products price per user, so the growth of your team becomes a rising line on your bill. Wafeq breaks that on every plan, including its cheapest.

Alongside that it holds something no competitor in its band does: an accredited service provider status for UAE e-invoicing, declared on its own site — a regulatory status rather than a marketing sentence, and the difference between those two is half of this guide.

Origin and ownership

Wafeq is a cloud accounting and e-invoicing platform, headquartered in Dubai and operating in the UAE and Saudi Arabia.

Its site, read on 6 September 2026, declares more than 18,000 companies across all sectors, an average rating of 4.8, over 40 financial reports, and a 14-day trial with no card.

The founding facts come from the press rather than the site: MENAbytes reported in December 2024 that Wafeq — founded in 2019 by Nadim Alameddine — had raised a $7.5 million round led by 9900 Capital, with Raed Ventures, Wamda Capital and Gary Turner, the former regional managing director of Xero for Europe and the Middle East, participating. The announcement cited more than 8,000 customers at that point.

The comparison between the two figures is useful: eight thousand in 2024, eighteen thousand on the site today.

Who it fits

The practical range: small and mid-sized businesses in the UAE and Saudi Arabia that want Arabic accounting and tax compliance at a published price.

Specifically:

• Teams with more than three people touching the system — because the marginal user is free on every plan.
• Anyone carrying a UAE e-invoicing obligation looking for an accredited service provider before the deadline.
• Accounting practices — the platform runs a partner programme and publishes certified accountants.
• Restaurants and branch chains — there is a declared Foodics integration, and a “branch” line sold at a published price.

It does not fit anyone operating outside the UAE and Saudi Arabia, or anyone whose core business is manufacturing or construction projects.

What is in it

The feature table on the site is unusually detailed — sixty-six features mapped to plans, which is itself a transparency worth crediting:

• Invoicing — invoices, quotes, credit and debit notes, delivery notes, recurring invoices.
• Purchases — purchase orders, bills, expenses, and AI reading of invoices from an image with Arabic support.
• Accounting — chart of accounts, manual journals, reconciliation, payments, bank accounts, and cost centres on every plan.
• Tax — tax rates, a VAT checklist, automatic VAT return generation, and corporate tax.
• Inventory — items, multiple warehouses, assembly and kitting, production orders and disassemblies — from the third plan.
• Payroll — employees, pay runs, expense claims — from the third plan.
• Advanced — fixed assets, amortisation schedules, consolidated financial statements across multiple companies — from the third plan.
• Integrations — Stripe and Foodics, plus a bulk e-invoicing API.

What it actually costs

The site’s prices on 6 September 2026:

Plan	AED monthly	AED yearly	SAR monthly	SAR yearly	Users
Starter	69	690	119	1,190	Unlimited
Plus	99	960	149	1,430	Unlimited
Premium	249	2,400	249	2,390	Unlimited
Enterprise	By quotation	By quotation	By quotation	By quotation	Unlimited

Annual billing is presented as “pay for 10 months, enjoy 12”, and the Enterprise plan is annual only.

And three lines that are not in the table and belong in your budget:

• An additional branch — AED 29 a month or AED 290 a year.
• Advanced template customisation — AED 99 a month or AED 990 a year.
• Revenue recognition — AED 99 a month or AED 990 a year.

The most important observation in this whole section: the UAE prices are published in dirhams and the Saudi ones in riyals. Set that against QuickBooks and Xero, both of which price a UAE buyer in dollars.

What it does well

1. Unlimited users — on every plan. The pricing data on the site declares the user limit as null, labelled “Unlimited”, on all four plans, including the AED 69 one. That is broader than mazeed, which gives unlimited users on its third plan alone.

2. Accredited service provider status for UAE e-invoicing. The site describes itself as “Approved ASP · UAE e-invoicing” — a status conferred by the Ministry of Finance and published on a list. The only two systems in this guide that declare it are Wafeq and TallyPrime. The detail is in UAE e-invoicing.

3. A dedicated site for the regulatory deadline. Wafeq runs a standalone page counting down to 30 October 2026 and setting out seven named steps: identify your phase, select an FTA-accredited ASP, audit and clean master data, upgrade to the PINT AE XML format, train the finance team on the five-corner model, join the voluntary pilot, and test edge cases. It is the most precise regulatory roadmap any vendor in this guide publishes.

4. Transparency in the feature table. Sixty-six features stated explicitly against the plan that unlocks them — with no “contact sales” in the middle of the grid.

5. Native Arabic and Arabic support. The site states support is 24/7 in English and Arabic, and the invoice-reading feature supports Arabic.

6. Depth beyond its price band. Production orders and disassemblies, fixed assets, and consolidated financial statements across multiple companies in a product starting at AED 69 — which does not exist elsewhere in this band.

Where it breaks

1. At ZATCA phase two on the Saudi entry plan — the most serious item in the file. The pricing data on the Saudi page declares the phase-two e-invoicing feature as off on the Starter plan, and on for Plus, Premium and Enterprise. So a Saudi subscriber at SAR 119 is not compliant with integration. Anyone carrying a Saudi obligation starts at SAR 149, not SAR 119. See ZATCA phase two.

2. At the third plan as a dam. Inventory, multiple warehouses, payroll, fixed assets and consolidated statements are all in Premium alone. So the real jump is from 99 to 249 dirhams, not from 69 to 99.

3. At geographic scope. The UAE and Saudi Arabia only. Anyone with an entity in Egypt, Jordan or Kuwait needs a second system.

4. At “accredited” without verification. Accreditation is granted, updated and withdrawn. Check the Ministry of Finance’s own published list on the date of your decision, not the vendor’s page alone. That rule applies to every vendor in this guide without exception.

5. At the add-on lines. Branches, customisation and revenue recognition are three separate subscriptions. A chain of five branches adds AED 145 a month on top of the plan price.

6. At manufacturing and project depth. Production orders and disassemblies are not material requirements planning or production scheduling. The distinction is in ERP vs CRM vs MRP vs WMS. A factory buys Odoo or Business Central.

7. At the exit. A young cloud platform. Ask before you enter: how do I get the entries, the balances and the attachments out in full, and in what format?

Learning it

Access is easy: 14 days with no card, no partner and no meeting.

The order that works:

1. Start with the cycle — the finance cycle, order to cash and the procurement cycle.
2. Then build a whole company in the trial: chart of accounts, customers, suppliers, items, then a full purchase and sales cycle.
3. Then close a month, reconcile the bank, and generate the VAT return yourself.
4. Then switch on e-invoicing for your country and watch an invoice transmitted and cleared, rather than printed.

Certification and the job market

There is no technical certification, but the platform runs a certified accountant programme and publishes a partner directory — closer to a work channel than to a qualification.

The professional value here sits in the tax compliance itself, not in the platform: anyone who has mastered UAE VAT and corporate tax and Saudi phase two gets hired regardless of the tool.

And Wafeq is a good place to learn precisely that, because the tax cycle is exposed clearly from the first trial. Then move to Odoo if you want a consulting track. The order is in the ERP learning path.

When to choose something else

• If you operate outside the UAE and Saudi Arabia — Daftra, Zoho or Odoo.
• If your business is manufacturing or projects — Odoo or Business Central.
• If you want a licence you buy once — TallyPrime.
• If you are a group closing consolidated books across many currencies and entities — NetSuite or Oracle Fusion.

Every system is compared in the systems table, and tax readiness in the e-invoicing table.