Wouldn’t it be great if you could start a small business from home on social media? An e-trader license enables you to make sales through your social media accounts of everything from handmade accessories to web design services. To learn more about E-Trader license Dubai, continue reading.
If you intend to expand your online business through the use of digital media, you need to obtain an e-trader license in Dubai. Each entrepreneur can now utilize social media channels to use their product to grow and to create their own market and niche, including home-based businesses and solopreneurs.
Businesses of all sizes and types can benefit from gaining an e-trader license in Dubai to build their brand on social media platforms effectively.
According to Dubai’s Department of Economic Development (DED), the E-trader license was launched in 2017 to help home entrepreneurs conduct business via social media. Individuals or small businesses with just one owner will be able to sell their products and services on social media more easily with the E-Trader license.
Also, online shoppers will feel more confident when they use it. After cracking down on fake and counterfeit items on social media platforms, the DED announced the E-trade license. The license seeks to govern the selling of goods and services in Dubai via social media.
The license is available to both UAE and GCC nationals as well as international nationals. There are two categories of e-trader licenses, both of which allow for a wide range of activities:
Nationals of the UAE and the GCC can acquire either a professional or a commercial license, whereas foreign national expats can only receive a professional license.
The e-Trader is still subject to VAT, and if the business’s annual revenue exceeds the minimal level, the company must register for VAT and levy VAT, just like any other company in the UAE.
If the owner of the e-trader is attempting to obtain a Licence, he or she must meet the following criteria:
Dubai Firm Service can assist you in determining the appropriate licensing type and activities for your business, as well as assisting you with the necessary procedures to establish the e-Trader Licence. Please use the form below to get in touch with us if you need any more information or support.
It is crucial to remember that there are restrictions on what you may sell on social media in Dubai if you have an E-trader license.
Do you want to learn more about E-trade licenses in Dubai for expats? When you register for the license, you will learn more about which countries are eligible for the license and what you may sell on social media.
Dubai DED’s current application processing cost is AED 1,200. Commercial activity will incur additional charges. License costs can be paid at Dubai DED up to 24 hours after the payment voucher is issued.
The license must be renewed annually, and there will be annual renewal payments. The Dubai e-Trader Licence is typically set up in 5-10 working days.
Not everyone is a good fit for the E Trader license. It is not appropriate for persons in the following situations:
Business licenses are one-of-a-kind to their owner; one size does not fit all. In this case, you may not fulfil the requirements for an e trader license, it may not allow you to carry out the activities you desire, or it may be too restricted for your company plan.
If the E Trader license isn’t right for you, what other options do you have?
As you can see from what you’ve read so far, there are a number of factors that might make an E Trader license inappropriate for your specific position and future goals. The same is true in Dubai for all sorts of company permits.
If the E-Trader license isn’t right for you, don’t panic; there are a range of alternative licensing options to explore, and here is where the Dubai Business Service can really help you get your business off the ground by ensuring you receive the right license for your needs.
How to obtain an online copy of an E-trader license in Dubai?
Check Dubai trade license online:
In Dubai, how do I renew my Trade License Online?
Can you sell your products outside of Dubai with an e-trader license?
You can sell your items and services in Dubai if you have an E-trade license. If you wish to sell in another emirate, you must contact that emirate’s Department of Economic Development and request authorization. To sell in that emirate, you may need to get a new E-trader license.
In Dubai, what is the minimum age for applying for an e-trader license?
To apply for the license, you must be at least 21 years old.
That was Bayut’s explanation of the E-trader license for people in Dubai who run a home-based business. Send an email to info@dubaided.gov.ae if you have any further queries concerning the E-trade license.
DBS can advise you on whether the e-Trader Licence is appropriate for your business and can help you set up the license appropriately and get the necessary activities for the firm. If you want assistance with this or any other relevant firm setup, restructuring, or local partner, please contact us.
Book a free consultation today!
Call us on +97145667485 or WhatsApp on +971551129344.
You may also chat with a live agent on our website https://www.dubaibusinessservices.com/, request a call back on https://www.dubaibusinessservices.com/contact-us/ or visit our office Clover Bay Tower Office 1111, Business Bay Dubai UAE
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