E trader license in dubai : Documentaion processes

DED E-TRADER LICENSE IN DUBAI

Dubai is regarded as one of the world’s top business destinations, with many foreigners establishing operations in the city-state. And for a business setup with a concentrated and deliberate effort, can enjoy unrivaled rewards. At the same time, it is beneficial to be aware of possibilities you can unlock for yourself through social media.

E-trader license in Dubai was introduced by the Department of Economic Development (DED) to regulate the sales of online commodities sold via social media websites. This regulation helps to curb the sales of fake goods and commodities over social media. The licensing also serves as a confidence booster for the customers or buyers who engage in online purchases via various social media platforms. By getting an e-trader license in Dubai, you can engage in offering products or services for sale on social platforms. You can make your business through online platforms with proper security.

If you are planning to work from home using social media platforms and don’t want to hire an office, then an e-trader license in Dubai is the ideal solution to flourish your business. The Dubai e-trader license allows you to do online business in Dubai.

Be aware that, you need to get separate approval from the respective DED authorities to sell your products and services in other Emirates.

Who Should Apply for an E-trader License in Dubai?

* The individuals and home-business endeavours who endorse and sell products online via websites or social media can apply for an E trader license.

*All online sales via a valid social media account require an E-trader license. This applies to mothers and house-wives who stay at home and engage in the sales of hand-made items, fashion apparels, jewellery, and other goods and services via various online platforms.

*E-trader license in Dubai is applicable for the home-business endeavours for whom office space requirement is not mandatory as Ejari documentation is irrelevant here.

*E-trader license is applicable for freelancers who offer various online services. A Home- based business owned by a single individual that does not necessitate a local partner can apply for an E trader license in Dubai.

*E trader license is applicable for sale of goods and commodities via E-commerce websites.

*It is mandatory for the license applicant to be either a UAE national or a GCC national. Other than UAE and GCC nationals, foreign expats of certain other nationalities are also allowed to apply for the license.

*The applicant should reside in Dubai and should satisfy the minimum age requirement of 21 to apply for the E trader license.

HOW TO APPLY FOR E-TRADER LICENSE IN DUBAI ?

The registration of an E-trade license is a quick and straightforward process. You can do so by enrolling on the DED Trader website.

Visit the DED Trader website and create an account. Furnish your details regarding social media accounts. Pay the license fee after registration.

The Dubai E Trader license fee is AED 1070. It is mandatory to renew the license annually.

Take advantage of the immense E- Commerce potential of Dubai. For doubts and queries regarding the E trader license in Dubai, please get in touch with our business setup consultants.

PURPOSE OF E-TRADER LICENSE IN UAE

Today, the world itself explores through social media where it is used as a marketing tool to meet the business needs. Social media has opened opportunities to explore business ideas sitting at homes too. While using social media as the platform for business, people will not have to spend exorbitant amounts in setting up the business and marketing the products, and this peculiarity often grabs the attention of the people. They can spread the word about the business through social media platforms effectively. It will act as both a marketing tool and an interface between the business owner and the buyer.

The E trader license UAE was introduced to regulate the business activities happening over social media platforms. You must have an e-trader license to commence business through social media. The authority has formulated a process for issuance of the subject license. The Department of Economic Development (DED) is the authorized agency to pursue applications and issue the license. It is called a DED Trader license or simply Trader License.

Initially, the e-trading license was limited to Emiratis and GCC nationals staying Dubai only. Viewing the growing request from emigrants, the authority decided to extend the e-trader license option to expats too. An expat, above 21 years of age, staying in Dubai can apply for the license. It generated enthusiasm among the expatriate community in the country.

However, the restrictions imposed on expats have created confusion.

There are two types of e trading license in Dubai. Commercial License and Professional License. Although an Emirati or the GCC personnel can apply for both the licenses, an expat can apply for the professional license only. This limits the business functions of expats to rendering professional services like make-up artists, modelling photography etc. Expatriates cannot trade, or manufacture and sell products.

Discuss your e-trader license today with our professional team. We can give you the best advice on the DED trader license and carry out the official process on behalf of you.

Documents Required for E-trading License in Dubai and Estimated Cost

You have to attach the relevant documents proving your place of address, age, residency detail etc., to DED for obtaining the E trading license in Dubai and UAE. You are permitted to open a shop with the license. The license is for promoting businesses operating from residences. If you are thinking of setting up a company in Dubai, the procedure, the license and the eligibility criteria are different.

The documents required for the e trading license in Dubai are:

Must be located in Dubai and must have a valid Emirates ID
The minimum applicable age is 21
Register the trade name with the authorities. And the approval has to be attached with the application
Proof of residence (Makani number). However, Ejari is not necessary

You can get a UAE e-trader license issued within 3 to 5 business days. The payment has to be made to the authority within 24 hours of the issuance of the payment voucher. A Dubai Chamber of Commerce membership is compulsory for commencing commercial business activities. The license is issued for one year. It has to be renewed annually, within one month of the due date

The trader license is acceptable for:

Spouses staying at home
Professionals, who don’t want to spend much money on setting up a firm, but want to use their talent.
Testing the success probability before entering the full-fledged business
To use free time and set up a side business
Professionals employed in other jobs, wanting to take up their passion as a side business
Newbies experimenting with new business ideas
To check the entrepreneurial skills.

BENEFITS OF E-TRADE LICENSE:

The following are some of the advantages of obtaining an e-trade license:

The Dubai Economy (DED) trader license permits UAE citizens and GCC nationals residing in Dubai to do business through different social media networks.
The trader license can only be registered in the name of a single person. The trader cannot operate a store or issue visas, and the licensee will be held solely liable in the event of a legal problem.
This law serves to reduce the selling of counterfeit products and commodities on social media.
The license also provides us a boost of trust for clients or purchasers who make online transactions through various social media sites.
By obtaining an e-trader license in Dubai, you will be able to sell items or services on social media sites. You can do business using internet channels that are secure.

E-trader License in Dubai

DED E-TRADER LICENSE IN DUBAI

Who Should Apply for an E-trader License in Dubai?

HOW TO APPLY FOR E-TRADER LICENSE IN DUBAI ?

PURPOSE OF E-TRADER LICENSE IN UAE

BENEFITS OF E-TRADE LICENSE:

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