SFM Corporate Services announces acceptance of cryptocurrency as payment for business formation corporate services. SFM, a company formation specialist, enables investors and entrepreneurs to establish a company online in a matter of minutes in any of around 25 international jurisdictions.

Reza Afshar, CEO of SFM Corporate Services said, "Today, Crypto currency is capturing a bigger share of the trading market, allowing traders and investors to increase their capital and generate more revenue. A sizable share of our clients are traders and investors who prefer using the same cryptocurrency to purchase our services, eliminating the hassle of currency exchange and lengthy international bank transfers.” 

“SFM strive to improve the ease of doing business in the UAE and one such area of improvement is the payment method. We have been monitoring cryptocurrency closely for the past few years and we have noticed the increased adoption of cryptocurrency in the market. Confidentiality and security are of primary importance to all clients and we complete a thorough due diligence check on each new client before onboarding them.” added Afshar.

Bitcoin, Ethereum, Bitcoin Cash, and Litecoin are among the 4 major cryptocurrencies accepted by SFM. The company already accepts all major payment methods, and the acceptance of cryptocurrencies is a testament to SFM’s leadership and foresight in the industry. 

Owiss Refaat, Chief Operating Officer of SFM Corporate Services said, “The UAE continues to cement its position as a leading business hub, and by accepting leading cryptocurrencies, we are facilitating market entry for key local and global players. While other online business providers are now doing a catch-up on crypto payments in the market, we have already integrated this payment method that gives us an edge over our competitors in the market and at the same time provides an instant payment method allowing our clients to access our services easily.”