VFM Accounting & Bookkeeping

VFM Accounting & Bookkeeping is a distinguished accounting firm headquartered in the UAE, with a significant presence in Bahrain. The firm is committed to delivering cost-effective and value-added services tailored to meet the diverse needs of businesses in the region. By focusing on assisting the business community in realizing the full potential of their operations, VFM has cultivated a broad client base that ranges from large enterprises to small entrepreneurs. The firm's core values—passion, integrity, entrepreneurial spirit, and innovation—are deeply embedded in its workplace culture, guiding its mission to provide exceptional accounting and professional services while upholding the highest levels of integrity and professionalism.

Services Offered in Bahrain

In Bahrain, VFM Accounting & Bookkeeping offers a comprehensive suite of services designed to address the financial and compliance needs of businesses. These services include:

• In-House Accounting: This service involves VFM's accounting experts visiting clients' offices at agreed intervals—weekly or bi-weekly—to scrutinize transactions, record sales, purchases, expenses, and perform bank reconciliations on-site.
• Outsourced Accounting: Under this arrangement, VFM collects financial documents from clients' premises and processes all transactions, including sales, purchases, expenses, and bank reconciliations, at VFM's own offices.
• Budgeting & Forecasting: Assisting businesses in planning their financial future by creating detailed budgets and financial forecasts.
• Financial Reporting: Generating accurate financial statements that provide insights into a company's financial health.​
• Payroll Accounting: Managing employee compensation, ensuring compliance with local labor laws and tax regulations.​
• Forensic Accounting: Investigating financial discrepancies and fraud, providing expert analysis for legal proceedings.​
• Backlog Accounting: Updating and organizing past financial records to ensure accuracy and compliance.​

These services are designed to alleviate the financial management burdens of businesses, allowing them to focus on their core operations while ensuring compliance with local regulations.

Leadership Team in Bahrain

VFM's Bahrain operations are spearheaded by a team of seasoned professionals with extensive experience in accounting and finance:​

• Mohammed A. Redha: Serving as Sponsor and Partner at VFM Bahrain, Mr. Redha holds a BSc in Economics. His vast experience and expertise in economics provide a solid foundation for the company's operations in Bahrain, ensuring that VFM consistently delivers value-for-money services. 
• Mahinder Singh: As Partner and Manager at VFM Bahrain, Mr. Singh is an ACCA-qualified professional with nearly seven years of experience in managing accounts and preparing financial statements for the retail and manufacturing sectors. His leadership and entrepreneurial skills are invaluable assets to VFM's clients in Bahrain.

Commitment to Excellence

VFM Accounting & Bookkeeping is dedicated to providing reliable and dynamic services to its clients. The firm's history includes registering over 10,000 companies across the UAE, with a team of professionals available around the clock to address client inquiries. Trust is a top priority, and clients can rely on VFM for services related to VAT, auditing, or accounting. The firm's dynamic approach ensures that all services, from company setup and VAT registration to internal and external audits, are available under one roof. Moreover, VFM is committed to offering value-for-money services, having served over 1,000 clients at the most economical prices in the region.

Client Testimonials

Clients have expressed high satisfaction with VFM's services. For instance, Ramesh Bhojwani, Director of the Khana Khazan chain of restaurants, stated, "Not everybody has the expertise in providing service to the food industry. At VFM, I am not worried at all, and I feel my company's VAT is in safe hands." Similarly, Momin Khan, Director of Sher Mohammed Khan Group, mentioned, “I personally deal with VFM since 2017, and I have complete faith in their services. I had a few queries from FTA, and they helped me thoroughly.”

Service Locations

VFM Accounting & Bookkeeping serves clients across multiple regions, including:​

• United Arab Emirates (UAE): With headquarters in Dubai, VFM offers a comprehensive range of accounting and financial services to businesses throughout the UAE.
• Bahrain: Operating from their office in Al Seef, VFM provides tailored accounting and bookkeeping solutions to meet the needs of Bahraini businesses.
• Georgia: VFM extends its professional services to clients in Georgia, supporting businesses with their financial and compliance requirements.

Additionally, VFM has plans to expand into Oman and Pakistan, further broadening their service locations.