Eyad Hamouieh

Eyad Hamouieh
+44 (0)20 7651 2419
Eyad Hamouieh, a Partner in Moore Stephens London, combines his expertise in electronic engineering, business management and tax to help organisations become more innovative.

Eyad completed a degree in Electronics and Communication from Abu Dhabi, then a Masters in Management at Heriot-Watt University in Edinburgh. After a few years working in engineering roles, he became a Research and Development (R&D) Funding Consultant – helping clients gain tax funds for their innovative projects. Having brought his skills to Moore Stephens, Eyad became a partner in the London firm in 2015.

“I don’t necessarily see my role as tax,” he says. “It’s more about helping engineering businesses get funding to help them undertake their R&D. You need the technical and engineering skill-set to understand what companies have done and what they are planning to do, in order to help them apply for tax relief or grant funding. So I am still helping engineering companies to innovate and create new services, but in a different way.”

Eyad has maintained a network in the UAE, with family members and former university colleagues still living and working there. Now that Moore Stephens London is developing its consulting services in the UAE, he expects to be visiting the region every six weeks or so.

With the introduction of VAT, Eyad sees potential for the introduction of tax incentives to encourage R&D by UAE-based companies. Moore Stephens is working on a white paper to be issued to the UAE’s Ministry of Finance. “Businesses in the region have traditionally been more focused on customising or reselling existing solutions and services that were developed elsewhere,” Eyad says. “Now there’s a lot of media interest in encouraging innovation. One way to incentive businesses could be through a VAT reduction for those that introduce R&D.”

Eyad also wants to advise businesses on the potential for tax restructuring to enable them to benefit from R&D activities undertaken in other jurisdictions, and on the potential to benefit from international grant funding. “Some grants require the formation of a consortium involving businesses in developing countries or certain regions,” Eyad says. “But companies often don’t know about these grants or how to join these consortia.”  

Away from the office, Eyad relaxes by socialising and playing sport. “I like to play basketball,” he says. “My university team made it to the finals twice, and I still play when I can.”

Eyad will be in the UAE from Feb 18th 2018 to Feb 26th 2018 and would welcome the opportunity to meet with interested parties.  Please feel free email Eyad on eyad.hamouieh@moorestephens.com