Ecommerce Trading License in Dubai

An Ecommerce License in Dubai is an important document that allows an individual or company to carry out their activities in Dubai, UAE. When it comes to setting up a business in Dubai, the most important document for this purpose is the trade license. It permits various commercial activities including trading, warehousing and transport.

A trader can either handle these transactions on his own or hire a broker to do so on his behalf. The brokers are licensed by the Ministry of Commerce and Industry of Dubai.

The Dubai Department of Economic Development (DED) is the main licensing authority for the trade sector in Dubai that covers all aspects of trade activities including e-commerce.

The DED also issues E-Commerce Trading Licenses to organizations that are interested in opening an online store in Dubai.

The Department of Economic Development (DED) is responsible for issuing all trading licenses in Dubai. Trading licenses are required for any company intending to import and export goods or offer services in Dubai. The e-commerce trading license is a new and improved version of the existing trading license and it was introduced to reduce the burden of paperwork and formalities on traders doing business online.

The requirements for obtaining an e-commerce trading license are as follows:

The applicant should have an office or warehouse in Dubai, which will be verified by the DED. The applicant should also have a valid warehouse registration number, which can be obtained from the Municipality Department. The application must be accompanied by copies of all necessary permits such as trade license, trade co-operation agreement certificate, import/export certificate etc.

Types of E-commerce Business License

Since the e-commerce industry has grown globally, it has expanded the opportunities available to business owners at all levels. As a result, the Dubai Department of Economic Development (DED) has implemented a number of E-Trading License activities, including:

1. E-Trader License

Those who seek to provide services or sell items online are granted this license. The Department of Economic Development oversees the E-traders license in the UAE, which can only be obtained by UAE and GCC nationals residing in Dubai.

A single-ownership e-trader license is the sole way to get one. With this license, you cannot establish a physical office or open a shop.

2. Portal License

Non UAE nationals can receive the Portal license, which is another eCommerce license in Dubai.

You can start an internet business in Dubai by obtaining this license to connect buyers and vendors. A portal license is also ideal for a product, service, or reservation listing website.

3. Virtual Company License

The Dubai Economy and DIFC just launched the virtual company license. The virtual company license enables foreign investors and non-residents of the UAE to conduct business in the UAE.

Benefits of Getting a Dubai Ecommerce License

An investor can benefit greatly from having an e-commerce license because it offers the following advantages:

> Without currency restrictions, which promotes international trade

> Freedom to return the money that was initially invested and used to generate income

> Full ownership of the free zone business

> Comparatively low operational costs to the offline mode

> Flexibility in obtaining a three-year resident visa

Steps to get an ecommerce License in Dubai

The concepts of starting and running an online business in Dubai can be tiresome and difficult. You must first learn how to obtain an e-commerce license in Dubai before you can align your items or services to sell on the internet.

1. Choose a legal structure.

2. Choose a location for your business

3. File a trademark application for the business.

4. Application for an e-commerce license in Dubal

5. Submit the initial approval certificate application.

6. Create the Memorandum of Agreement/Local Service Agent Agreement.

7. Hire an office space

8. Register with the ports and customs authorities (whether you’re importing or exporting).

9. Go to the Department of Economic Development and get a license (DED)

10. Open a business bank account.

Make contact with Eagle Wings

Before you proceed, speak to our specialists if you have any reservations or questions about the lowest e-commerce license in the UAE or how to launch an e-commerce firm in Dubai or the Dubai Free Zone. We, at Eagle Wings Business Setup, would be delighted to help you to create your online business in the UAE.

To schedule a free consultation with us, please call: +97148249940. Send an email to info@eaglewingsuae.com