Today, the power of social media is not hidden from many. With more than 3.5 billion social media users (and counting), it’s become imperative for businesses to address their online audience with the same vigor as their offline counterparts. Furthermore, e-commerce businesses have observed unprecedented growth in recent years, and the future looks even brighter. If you’re wondering how to launch your e-commerce business in the UAE, or to set up an e-trader license your worries end here.

Business aspirants willing to open such a venture need to apply for an e-trader license in Dubai. This license was introduced by the DED to empower people to operate from their home’s comfort without any problems with legalities and business structure. We recommend entrepreneurs and small business owners consult with the business expert at Shuraa to simplify business formation across the UAE.

Steps to secure an e-trader license in Dubai

Obtaining an e-trader license in Dubai is straightforward and cost-effective. All you need to do is follow the steps mentioned below:

Plan your business activities

It’s critical to list down all the business activities that you wish to carry out through your e-commerce company in the UAE. Most of these activities are covered in your e-trade license in Dubai, but you’ll need to apply for additional approvals to attain allowance for the other operations. Remember, it’s illegal to carry out any business activity that’s not permissible with your business license.

It seems to be important to make a list of all the industry practices you want your e-commerce organization in the UAE to engage in. The majority of these practices are protected by your Dubai e-trade license, but you’ll need to register for extra permits to conduct the others. It’s good to remember that it’s immoral to engage in any commercial practice that isn’t permitted by your building permit.

Reserve a trading name

Your company’s name should be unique, attractive, and indicative of your business activities. Moreover, you should follow the naming convention guidelines while finalizing the trading name for your e-commerce company. Refrain from using insulting words, derogatory terms, or phrases that hint towards any of the gods. Always use the full name of a person if you wish to keep it as the official name of your e-trading company in the Emirates.

Register on the DED’s e-trade website

Once you’re done with the steps mentioned above, you can visit DED’s trader website. Ensure that you don’t fall into any traps or share your information on a clone/fraudulent website. You need to open a trader account on this website by providing all the required details. Always fill in such forms with utmost care and proofread the details before submitting to double-check the information. Remember, if any data discrepancies are found, you might need to start all over again. Therefore, it’s better to follow a risk-free approach by connecting with the legal advisors at Shuraa who’ll help you acquire the e-trader license in Dubai.

Share your social media account details

The applicant needs to share information regarding the various social media accounts he/she has for carrying out an e-commerce business in the UAE. The concerned authority evaluates all your accounts and analyzes the shared information on various grounds to ensure there’s no contradiction. Once fully satisfied, you get a green signal from the department, and this leads you to the final step of acquiring an e-trader license in Dubai for your digital venture.

For conducting an e-commerce company in the UAE, the applicant must exchange information about various social media pages he or she has. To ensure there are no inconsistencies, the responsible authority evaluates all of the accounts and analyses the shared knowledge on various grounds. If the department has sent you the green light, you will proceed to the final phase of obtaining an e-trader license in Dubai for the digital enterprise.

Make the necessary payments

You’ll get a payment voucher to make the necessary payments for your e-trader license once all your social media accounts are verified by the authority. Ensure that you settle the payment within 24 hours because the payment window auto-expires after this time period. Therefore, make the payment quickly and download the corresponding receipt for future reference. That’s it! You’re all set to launch your e-commerce business in the Emirates and make a name for your digital brand in Dubai’s prospering marketplace.

Benefits of an e-trader license

Be it Instagram, Facebook, or any other social media platform. An e-trader license allows you to promote and sell your goods all over the internet. It also offers a bundle of advantages, and some of them include the following:

• The e-trader license Dubai cost is very affordable and priced perfectly for small business owners who don’t want to invest heavily in the office space. This license costs between AED 1100 to 2000 alongside a mandatory fee of AED 300 to enroll into the membership of the Dubai Chamber of Commerce.

• You can enjoy 100% ownership of your e-trading company in the UAE. Therefore, you’re saved from the hassle of partnering with a reliable local sponsor and sharing the ownership of your company.

• Business owners don’t have to pay any corporate taxes or customs duties when they’re operating in Dubai. So, business functioning becomes very cost-effective, and you can invest this money in other growth activities.

• You’re flexible to list your products on various social media platforms like Instagram, Facebook, e-commerce websites, and also on your business website. Moreover, you’re free to deliver anywhere in Dubai with the e-trader license. But you’ll need an additional permit to enter into other Emirates.

Requirements to acquire an e-trader license in the UAE

The foreign investors can apply for a professional e-trader license in Dubai that permits them to offer professional services. However, the UAE and GCC nationals are free to choose from both the e-trader licenses, i.e., commercial and professional. People having an e-trader license can legally attend conferences in Dubai. To attain training from the DED to understand the features of an e-trading license.

You need to take care of the e-trader license requirements to obtain it for your digital venture in the UAE. These are the documents you must have:

• The applicant must be located in Dubai and hold a valid Emirates ID
• Your age should be 21 or above
• Reserve a trading name with the relevant authorities and attach the approval with the license application
• Complete all the legalities with the DED and have a physical copy of the e-trading license’s payment receipt

Moreover, don’t forget to renew your e-trading license from time to time. To ensure that it’s valid at any given instance. It’s better to renew the license one month prior to the expiry date to enjoy risk-free business functioning in Dubai.

Consult with Shuraa

Setting up a business in the UAE is profitable because of the supportive government policies and hassle-free resource availability. Given the tech-savvy audience and increasing demand for online stores, an e-trading business is a right choice. All you need to do now is collaborating with the business consultants at Shuraa Business Setup. We’ll take care of all your requirements to make business formation a memorable ride for you. We provide end-to-end business assistance to our clients that include documentation, licensing, renewal, banking, and everything else. So, what’s the wait for? Get in touch with us today.

Click here to book a free consultation with us or call us at +971 44081900. You can also reach out to us on WhatsApp by dropping a message on +971 50 777 5554. For email assistance, mail your query at info@Shuraa.com.

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