Holded vs Wafeq (2026): which should you pick?

Pick Holded if

• Fits if you're a Spanish freelancer who needs invoicing with Verifactu
• Makes sense if you want inventory and a CRM next to your books

Look elsewhere if

• Tight if you stay on the free plan: 20 invoices and 50 scanned expenses a year
• Watch out: Basic allows 2 users and Standard 4, and extra users cost €12 a month each
• Watch out: Inventory starts at €25 a month and HR is €3 per employee, both as add-ons
• Not for you if you're outside Spain, unless you've checked the tax forms for your country
• Pricey if you need full accounting: that starts at Standard, €69 a month

Pick Wafeq if

• Fits if you run a small business in the Gulf and need e-invoicing for the tax authority
• Makes sense if you want inventory and payroll in the same product as the books

Look elsewhere if

• Skip it if you only need basic invoicing at $26 and expect books, as fuller accounting starts at Plus
• Not for you if you want phone apps, since none were found
• Watch out: Enterprise is yearly only and sold through sales
• Tight if you want a free plan, as there is only a 14-day trial
• Watch out: monthly billing costs $32 against $26 yearly

Holded

• Prices are in euros, exclude VAT, and the page does not say whether the figures assume monthly or annual billing.
• Each plan caps users (2 on Basic, 4 on Standard); extra users cost €12 a month each.
• Inventory starts at €25 a month and the HR module is €3 per employee a month, both as add-on Gems.
• Tax forms and e-invoicing features listed on the page are Spanish; check coverage for other countries.

Wafeq

• Feature lists per plan sit behind a Show All Features control and were not read; check what each tier includes.
• Starter is an invoicing-only plan; fuller accounting starts at Plus.
• Enterprise is yearly only and priced through sales.
• Quarterly billing is also offered at 12% off, and the page says yearly means 12 months for the price of 10.

Holded

Invoicing and quotes

Unlimited invoices on paid plans, with quotes, proformas, recurring invoices, a client portal, multi-currency and Verifactu.

Accounting

Standard and above add automatic journal entries, analytical accounting and annual accounts that an accountant can work from.

Bank connections and Wallet

Connect bank accounts to match transactions with invoices and expenses; Holded Wallet adds supplier payments and team cards.

Expense scanner

Scans receipts and extracts their data, with a fair-use limit tied to the plan's AI usage.

Spanish tax forms

Lists VAT models 303, 347, 349, 369 and 390 and IRPF models, with corporate tax forms 200 and 202 from Standard.

Inventory, CRM and projects

Inventory and HR are paid Gems; the CRM and project profitability tracking are part of the plans.

Wafeq

Invoices, quotes and purchase orders

Send invoices, quotes and purchase orders from one account, with e-invoicing that the site says is ready for ZATCA phase 2.

Inventory and manufacturing

Inventory tracking and a manufacturing module are listed among the product features.

Payroll

Manage payroll alongside the books; the homepage lists payroll with the other core modules.

Financial reports

Generate more than 40 financial reports to follow how the business is doing.

Tax authority support

The site shows ZATCA and UAE Federal Tax Authority logos and a free ZATCA invoice QR scanner.

API and accountant tools

Public API documentation, plus accountant perks and a way to hire a Wafeq-certified accountant.

Holded

• Light€0

  Free invoicing with Verifactu for 1 user, limited to 20 invoices and 50 scanned expenses a year.

• Starter€19

  per month, excluding VAT

  1 user with unlimited invoices and expense scanning, 1 connected bank, VAT and income tax returns and a sales funnel.

• Basic€34

  per month, excluding VAT

  2 users, 5 connected banks, cash flow, 10 recurring invoices, recurring purchases and 1 free point-of-sale store.

• Standard€69

  per month, excluding VAT

  4 users, full accounting, unlimited banks, SEPA remittances, corporate tax forms and user roles.

• Advanced€115

  per month, excluding VAT

  7 users, custom roles and fields, payment reminders, cash flow scenarios and priority support.

• Premium€229

  per month, excluding VAT

  15 users, unlimited recurring invoices, multi-country VAT and 100,000 API calls a month.

Wafeq

• Starter$26

  per month, billed annually ($32 billed monthly)

  For small businesses that only need invoicing; $312 a year.

• Plus$32

  per month, billed annually ($39 billed monthly)

  Everything in Starter, for businesses that want to control their finances; $384 a year.

• Premium$55

  per month, billed annually ($67 billed monthly)

  Everything in Plus, for a complete accounting solution; $660 a year.

• EnterpriseCustom

  For medium and large companies; yearly subscription only, sold through sales.

Holded

• Other savings

  50% off the first 3 months

  New customers get 50% off paid plans for their first 3 months, then the regular price applies, per the pricing page.

• Other savings

  Black Friday: 70% off for 3 months

  For new customers until 30 November 2026, every paid plan is 70% off for the first 3 months, in place of the usual 50%.

Wafeq

• Annual discount

  12 months for the price of 10 on yearly plans

  The pricing page says yearly billing gives two months free, and a quarterly option takes 12% off.