What HLB HAMT does

HLB HAMT is a Dubai-headquartered chartered accounting and advisory firm founded in 1999 by John Varghese and Vijay Anand, operating as an independent member of the HLB International global network (ranked 9th globally). Over 25+ years, the firm has expanded to nine branches across the UAE and India with 250+ professionals, offering audit and assurance, advisory, accounting and outsourcing, tax and regulatory, risk and assurance, ESG, and business setup services to enterprises, mid-market companies, government entities, and not-for-profits. Its core customer base spans financial services, real estate and construction, manufacturing, technology, healthcare, and government, with marquee clients including Deutsche Bank, Michelin, Levi's, Velocity Global, and Sama Exchange.

The firm differentiates through a heavy regulatory moat: it is approved by the UAE Ministry of Economy, SCA, ADAA, and ADGM; ICV certified; an FTA-approved Tax Agent; and an MOF Accredited Service Provider for the national e-invoicing system. Through its wholly-owned subsidiary HAMT Information Technology LLC, HLB HAMT has built EVATRA, a proprietary AI-enabled cloud-hosted e-invoicing platform with PEPPOL certification, ISO 27001 security, UAE data residency, and SAP Business One integration, positioning it to capture recurring revenue from the UAE's mandated e-invoicing rollout.

Revenue is generated primarily through professional services fees (quote-based), complemented by managed services in payroll, EOR/PEO, and virtual CFO, plus subscription and implementation revenue from EVATRA. Distribution is direct via consultative sales and referrals, augmented by the HLB International network spanning 155+ countries. The firm operates a sales-led go-to-market supported by content marketing, a podcast, LinkedIn newsletter, and industry events.

Name

HLB HAMT

Legal name

HLB HAMT

Website

https://hlbhamt.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

HLB HAMT is a Dubai-headquartered chartered accounting and advisory firm serving UAE enterprises, mid-market firms, and government entities across 9 branches, offering audit, tax, advisory, ESG, and technology services, anchored by its proprietary EVATRA e-invoicing platform.

Ownership category

akta.pro rank

Product category

Accounting & Advisory Services

NAICS

Human Resources Consulting Services (541612)

akta.pro primary industry

HR Technology (HRIS/HCM) Advisory & Implementation (BPAHAGAG)

akta.pro secondary industry

Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ)

Keywords

• Audit assurance services
• Tax advisory services
• Accounting outsourcing
• Corporate compliance services
• ESG advisory reporting

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Audit & Assurance Services: Financial statement audits (IFRS/ISA), group & consolidation audits, HOA/Owners Association audits, ICV certification, agreed-upon procedures (AUPs), AML/CFT AUPs, regulatory/contractual AUPs
2. Advisory Services: Accounting & financial reporting advisory, IFRS advisory, business & equity valuation, M&A advisory, feasibility studies & business plans, restructuring & turnaround advisory
3. Accounting & Outsourcing: Finance & accounting outsourcing, bookkeeping, accounts payable outsourcing, virtual CFO services, payroll outsourcing, EOR/PEO services, contract & temporary staffing, recruitment & HR support
4. Risk & Assurance Advisory: Internal audit outsourcing & co-sourcing, internal controls & ICOFR reviews, enterprise risk management, GRC, AML/CFT frameworks, forensic accounting & fraud investigations
5. Tax & Regulatory Services: Corporate tax advisory & compliance, VAT advisory & compliance, excise tax advisory, transfer pricing, economic substance regulations, tax residency certificate, UAE e-invoicing advisory & implementation
6. Business Services & Corporate Compliance: Business setup (mainland, free zone & offshore), regulatory licensing & renewals, company secretarial services, UBO & statutory filings, PRO & government liaison services, liquidation & deregistration
7. Technology Consulting: ERP solutions, digital transformation & analytics, cybersecurity & IT risk services
8. ESG Services: ESG strategy & roadmap, ESG training, ESG reporting & assurance, sustainability reporting
9. E-Invoicing Services: EVATRA platform subscription, e-invoicing implementation, PEPPOL network registration, ASP appointment, ongoing compliance monitoring and support

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

HLB HAMT is a chartered accountancy and advisory firm offering independent audit, assurance, advisory, accounting, tax, consulting, ESG, risk advisory, and business setup services to organisations operating in complex and regulated environments across the UAE. The firm complements its professional services with a dedicated technology consulting division that delivers ERP implementation, digital transformation, robotic process automation, cybersecurity, and CRM solutions, anchored by its proprietary EVATRA AI-enabled e-invoicing platform built for UAE e-invoicing compliance under the PEPPOL framework.

Product overview

HLB HAMT is an award-winning advisory and accounting firm offering a comprehensive portfolio of professional services. The core offering consists of traditional accounting, audit, tax, and consulting services combined with a dedicated Technology Consulting division. The technology portfolio is anchored by the proprietary EVATRA AI-enabled e-invoicing platform for UAE compliance, complemented by ERP Solutions (SAP, Oracle, and other platforms), Digital Transformation & Analytics, Intelligent Automation & AI Solutions, RPA, Cybersecurity, and CRM Solutions (Sugar AI). The firm also provides specialized ESG Advisory & Reporting Services, Audit & Assurance, Accounting & Outsourcing, Tax & Regulatory Services, Risk & Assurance Advisory, and Business Setup & Corporate Compliance services. All services operate under the HLB International global network ranked 9th globally, spanning 155 countries.

Differentiator

Problem solved

Functional benefit

Brands

• EVATRA: AI-enabled e-invoicing platform developed by HAMT Information Technology LLC for UAE e-invoicing compliance under the PEPPOL framework.

Products and services

• Audit & Assurance
• Advisory
• Accounting & Outsourcing
• Risk & Assurance Advisory
• Tax & Regulatory Services
• Business Services & Corporate Compliance
• Technology Consulting Services
• ESG Advisory & Reporting Services
• EVATRA AI-Enabled E-Invoicing Platform

Quantifiable outcome

• 20% reduction in total payroll costs for clients through automation
• +4 more outcomes

Named customers7 records

Segments12 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• HLB InternationalflagshipStrategic or Co-development PartnerHLB HAMT is an earnest member of HLB International, a global network spanning 155 countries. The firm leverages local expertise with international best practices. HLB International is ranked 9th globally with 58,538 people strong and 1,398 offices worldwide. This partnership enables cross-border referrals and comprehensive business solutions.
• HAMT Information Technology LLCcoreTechnology or IntegrationTechnology division of HLB HAMT that developed the EVATRA e-invoicing platform. HAMT Information Technology LLC is a Ministry of Finance Accredited Service Provider for e-invoicing services in UAE, offering EVATRA as a compliant AI-enabled e-invoicing solution.
• SAPcoreTechnology or IntegrationSAP partner offering ERP solutions including implementation, advisory, vendor selection, integration, add-ons, re-implementation, and support/optimization for SAP Business One.
• Ministry of Finance UAEflagshipStrategic or Co-development PartnerMOF-accredited service provider status for e-invoicing services. HAMT Information Technology LLC is an Approved Accredited Service Provider (ASP) for e-invoicing under the UAE national e-invoicing system.
• Federal Tax Authority (FTA)flagshipStrategic or Co-development PartnerFTA-approved tax agents providing corporate tax advisory, VAT advisory, excise tax advisory, and e-invoicing compliance services. PEPPOL-certified channels for direct FTA reporting.
• PEPPOLcoreTechnology or IntegrationPEPPOL interoperability network certification for e-invoice exchange compliant with PINT-AE specifications and UAE Federal Tax Authority requirements.
• Dubai TradecoreStrategic or Co-development PartnerSingle-window platform integration for customs clearance and regulatory submissions supporting business setup and compliance services.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Crowe UAE: Crowe UAE operates as part of Crowe Global, an international mid-tier accounting network offering audit, tax, and advisory services in the UAE. Directly competes with HLB HAMT across the same mid-market and enterprise client base with a comparable network-led go-to-market.
• BDO UAE: BDO UAE is the local member of BDO International, a global mid-tier accounting and advisory network directly competing with HLB HAMT for audit, tax, and advisory mandates among UAE enterprises and mid-market companies. Same network-affiliated model, same target segments.
• RSM UAE: RSM UAE is the local member of RSM International, the world's sixth-largest audit and advisory network. Directly comparable to HLB HAMT in mid-tier positioning, service mix, and UAE enterprise client focus.
• Mazars UAE: Mazars is a top-10 international audit and advisory network with a UAE presence offering audit, tax, and consulting services. Direct competitor to HLB HAMT in the UAE mid-tier segment with overlapping service lines and similar multinational client base.
• Baker Tilly UAE: Baker Tilly UAE is part of Baker Tilly International, a top-10 global accounting network offering audit, tax, and advisory services in the region. Directly comparable mid-tier peer competing for similar UAE enterprise and SME mandates.
• Nexia International UAE member: Nexia International is a mid-tier global accounting network with member firms in the UAE providing audit, tax, and advisory services. Directly comparable as a network-affiliated mid-tier competitor targeting similar client segments.
• Grant Thornton UAE: Grant Thornton UAE is part of Grant Thornton International, a major mid-tier accounting network offering audit, tax, and advisory services in the UAE. Direct competitor with a similar positioning and overlapping industry coverage.

Emerging players

• Sovos: Sovos is a global tax compliance and e-invoicing technology provider expanding into the UAE market. Comparable to HLB HAMT's EVATRA platform as a competing MOF-accredited e-invoicing solution provider targeting the same UAE mandate-driven demand.

Broad incumbents

• Deloitte Middle East: Deloitte Middle East is a Big 4 firm operating across the UAE and wider region offering the same suite of audit, tax, consulting, and technology services as HLB HAMT. Broad incumbent competitor for large enterprise and government mandates.
• KPMG Lower Gulf: KPMG Lower Gulf is the UAE member of KPMG International, one of the Big 4 global accounting networks. Broad incumbent offering audit, tax, advisory, and technology services that overlap with HLB HAMT's full suite but at larger enterprise scale and broader geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/channel/UClF1NhOiachNWgywtXJj2CQ
• Facebookfacebook.com/HLBHamtUAE
• LinkedInlinkedin.com/company/hlb-hamt
• Instagraminstagram.com/hlbhamt
• Xx.com/hlb_hamt

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HLB HAMT