Frihet vs FreeAgent
AI-native business management vs UK-only accounting. Free plan with 55+ AI tools vs £14-34+VAT/month.
Key Differentiators
In 5 seconds, why Frihet is the best option.
AI-native
55+ AI tools built in. Create invoices by text, scan documents via chat, get business insights. FreeAgent has zero AI features.
Developer-friendly
REST API, MCP server (55 tools), webhooks (60 events). FreeAgent has no public API for third-party developers.
Global from day one
170+ currencies, 123+ countries, VeriFactu compliance. FreeAgent only works for UK businesses.
Feature Comparison
| Feature | Frihet | FreeAgent |
|---|---|---|
| Free plan | Forever free | Free for NatWest customers only |
| AI tools | 55+ built-in | None |
| UK MTD compliance | Not yet | Full MTD + VAT submission |
| Self Assessment | Not available | Built-in filing |
| Multi-currency | 170+ currencies, 123+ countries | Basic (invoicing only) |
| Time tracking | Via integrations (Toggl, Clockify) | Built-in |
| Expense OCR | Built-in, AI-powered | Photo capture only |
| AI copilot | 55+ tools, NL invoicing | Not available |
| API / developer tools | REST API + MCP server (55 tools) + webhooks | No public API |
| International use | 123+ countries, multi-tax | UK only |
| Speed | Instant (SPA, keyboard-first) | Moderate |
| Bank feeds | Statement upload + Stripe/PayPal | Direct UK bank feeds |
| Accounting engine | Full accounting: P&L, Balance Sheet, Trial Balance | Basic or add-on |
| People / HR | Time tracking, leave management, overtime control | Not included |
| Client portal | Self-service with integrated online payment | Not included or premium |
| Reports | 39+ financial and business reports | Limited or premium |
| Account security | Two-factor authentication + session management | No or premium only |
| E-invoicing | VeriFactu + European e-invoicing | No or partial |
How to migrate from FreeAgent
Switching ERPs doesn't have to be painful. Follow these steps and you'll be up and running on Frihet in a day.
Export from FreeAgent
Go to Settings > Data Export. Download contacts, invoices, expenses, and bank transactions as CSV.
Create Frihet account
Sign up free. The wizard configures your business in 2 minutes.
Import your data
Upload CSV files. Frihet AI maps fields and detects duplicates automatically.
Connect your payment tools
Link Stripe, PayPal, or GoCardless for automatic payment reconciliation.
When Frihet is NOT for you
We're honest. Frihet isn't the best choice for every scenario.
You're a UK sole trader or limited company
FreeAgent's MTD compliance, Self Assessment filing, VAT return submission, and direct HMRC integration are genuinely best-in-class for UK tax. If UK tax is your main pain point, FreeAgent is hard to beat.
You need direct UK bank feeds
FreeAgent connects directly to most UK banks for automatic transaction import. Frihet supports statement uploads and payment platform connections, but not direct UK bank feeds yet.
You get FreeAgent free through NatWest
NatWest and Royal Bank of Scotland business customers get FreeAgent at no cost. If you already have it free, the switching cost may not be worth it for UK-only operations.
More frequently asked questions
Can Frihet handle UK tax compliance?
Not yet. Frihet does not currently support Making Tax Digital (MTD), VAT return submission, or Self Assessment filing with HMRC. If UK tax compliance is critical, FreeAgent is the better choice today. Frihet focuses on invoicing, expenses, CRM, and AI-powered business management.
Is FreeAgent really free?
Only for NatWest and Royal Bank of Scotland business current account holders. Everyone else pays £14-34+VAT per month depending on business type. There is no free trial for non-bank customers — only a 30-day money-back guarantee.
Why would I choose Frihet over FreeAgent?
If you operate internationally, need AI tools, want developer APIs, or work outside the UK. Frihet supports 170+ currencies, 123+ countries, has 55+ AI tools, a REST API, MCP server, and webhooks. FreeAgent is UK-only with no AI and no API.
Does FreeAgent have AI features?
No. FreeAgent has no AI copilot, no AI-powered expense scanning, and no natural language features. Frihet has 55+ AI tools built into every workflow — from invoice creation to financial insights.
Can I use FreeAgent outside the UK?
FreeAgent is designed exclusively for UK businesses. Its tax features, bank integrations, and compliance tools are all UK-specific. For international freelancers or businesses, Frihet is a better fit with support for 123+ countries.
Does Frihet integrate with UK banks?
Frihet supports bank statement uploads and connects with Stripe, PayPal, GoCardless, and other payment platforms. Direct UK bank feeds (Open Banking) are not yet available but are on the roadmap.
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