E Trader License in Dubai
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DED E Trader License
Dubai is the prime location for both traditional and online trading as situated between the markets of Asia, Africa, Europe, and, of course, the Middle East. Starting an online business in Dubai is simple without having a physical office. So, it is the perfect choice for home entrepreneurs or freelancers. With an online business, you can target potential customers with the right products or services and make money in no time. In Dubai, the Department of Economic Development (DED) has initiated a program to regulate online business through social media or websites by issuing an E trader license.
What is an E-trader License?
E trader license in Dubai is issued to home entrepreneurs, freelancers, or small business owners to sell products or services through social media like Facebook, Instagram, LinkedIn, and other websites. This license is competent to track and control the range of illegal or fake products sold on social media. In Dubai, etrader license is effective for government to monitor the selling products and help sellers to boost their sales with low advertisement and marketing costs.
An e-trader license is permitted only to GCC and UAE nationals and also for expatriates residing in UAE with a valid Emirates ID. This license can have a single owner with a maximum of 3 visas. For expatriates, visas are not provided along with the e-trader license. The applicant must be above 21 years of age and should provide a valid Emirates ID and a trading name for obtaining a DED E Trader license. The licensing process should be according to the DED rules and regulations. With Booming Bytes, we will make it easy for you to get an e-trader license and start your business in Dubai. Contact us for more information.
Benefits of E Trader License in Dubai
- No physical office required
- 100% foreign ownership
- Highly effective in building brand image and scale business
- Boost customer’s confidence
- Copyright and trademark protection
- Eligible for Dubai chamber membership and can participate in various exhibitions.
- No capital investment is required.
- The best solution to sell through an online marketplace like Amazon
- Easy process with minimum government barriers
- Can be obtained within 3-5 business days
Eligibility Criteria for Etrader License in Dubai
UAE government provides opportunities to all the recent GCC nationals to apply for an E trader license in Dubai. Here is the list of entrepreneurs and businesses who can get a Dubai e-trader license.
Housewives
Housewives who are planning to sell hand-made items, fashion, jewelry, apparel, and other goods or services can get an E trader license in Dubai.
Freelancers
This license is issued to freelancers who offer services via social media or other platforms.
Entrepreneur
Entrepreneurs who aim to promote their products or services online without an office space can apply for the license.
Professionals
This license is issued to professionals employed in other companies who wish to set up an online business as part of their passion.
Note:
- The E-trader license includes both Professional and Commercial activities. UAE or GCC nationals can perform both activities with an e-trader license. But for expatriates, only professional activities are allowed with the license.
- A shop or commercial office is not allowed with the license.
- An investor visa is not provided with the license.
- It allows you to sell your products or services within Dubai only.
- The license will automatically be canceled if not renewed at the correct time.
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Cost of E-Trader License in Dubai
The e-trader license Dubai cost is 2100 AED, including all the government charges and service fees. Aside from this, the license is annually renewable.
Get an E-trader license with Booming Bytes Business Consultancy
Booming Bytes Business Consultancy helps a wide range of businesses and entrepreneurs to make their brands legal and sell products with peace of mind. We specialize in providing professional assistance for businesses at affordable rates.
Our highly talented team can provide an effective solution to get an e-trade license in Dubai and create a successful company. Reach out today and run your business smoothly.