Farahat & Co.

Farahat & Co. was hired by GeoWealth, a tech-enabled Turnkey Asset Management Platform, to manage their finance and accounting tasks. The goal was to simplify processes, ensure compliance with UAE regulations, and improve the accuracy and timeliness of financial reports. Farahat & Co. handled the company's full finance and accounting process, including bookkeeping, monthly reconciliations, payroll management, report generation, and VAT handling. They also created audit reports and liaised with external auditors. The project was successful, with Farahat & Co.'s team meeting all set goals for the financial periods.

DoubleVerify, a leading software platform for digital media measurement and analytics, engaged Farahat & Co. to streamline their financial planning and improve visibility into their cash flow and future scalability. The project involved complete financial planning, including a thorough analysis of financial statements, creation of a bespoke forecasting model, and establishment of monthly budgeting and reporting systems. Farahat & Co. also identified opportunities for cost savings, recommended investment structuring, ensured compliance with tax regulations, and facilitated strategic long-term financial planning. The project was deemed successful, with Farahat & Co. effectively supporting DoubleVerify's rapid growth in the software development space.

Mood Texas, the global leader in creating emotional connections between brands and consumers, hired Farahat & Co. for business consulting to establish their presence in the UAE. The company handled all aspects of business setup and licensing, ensuring compliance with local regulations. Farahat & Co.'s scope of work included advising on the best jurisdiction, handling licensing requirements, preparing and submitting documentation, and liaising with free zone authorities. The project was successful, with Farahat & Co. securing the business license, completing registration, and ensuring Mood Texas's full compliance with UAE regulations.