Emirates First Group unveils ground-breaking installment payment scheme for MSMEs

  • Date: 01-Mar-2022
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Emirates First Group unveils ground-breaking installment payment scheme for MSMEs

Emirates First Group, a Dubai-based business set-up and investment advisory, has launched an installment payment scheme to help investors and businessmen reduce the cost of trade license issuance and renewals, and help them carry on with the business with an initial lower cost.

Investors and business owners can now pay for the trade license issuance and renewals as well as all related government services with a cost of up to $4,084 in four installments, instead of a one-time payment, lowering their financial burden. The initiative covers all government and company fees for business set up, visa assistance and other government-related activities.

In the last five years, Emirates First Group has helped set up more than 5,000 businesses in the UAE, mostly in Dubai, with end-to-end business setup services such as investment and business advisory, legal and financial consultancy, labor permits, visa and residency permits, accounting, auditing and tax advisory, and bank opening services.

Jamad Usman

MD & CEO

Emirates First Group “We are pleased to announce this wonderful initiative that is aimed at supporting the micro, small and medium enterprises (MSME), which represents more than 85 percent of the UAE economy. This initiative is in line with the UAE Government’s latest series of economic reforms