The acquisition of an e-commerce licence in Dubai is highly sought after. This is owing to the fact that many individuals in the UAE are switching from conventional to online shopping because of the ease it provides. Entrepreneurs, company owners, and merchants are taking note of this change and considering establishing an ecommerce firm in Dubai as a result. In order to get started with your company operations, all you need is an e-commerce licence in Dubai.
In the United Arab Emirates, investors benefit from full repatriation of earnings, numerous tax exemptions, hassle-free resource availability, and a host of other benefits. As a result, launching your digital business in this area and generating significant income from the get-go is a no-brainer. You may work with Generis Global’s business experts, and we’ll make the process of forming a company in the United Arab Emirates easier for you by taking care of all the necessary business requirements in the country.
If you are an entrepreneur who is interested in learning how to establish an ecommerce company in Dubai, the following steps can help you.
Steps to take in order to get an e-commerce licence in Dubai
Setting up and running an internet company in Dubai may be time-consuming and complicated if you don’t understand the fundamentals. Even before you have your goods or services ready to offer on the website, you need to know how to get an e-commerce licence in Dubai to legally do business online.
To get an e-commerce licence in Dubai, you must first complete the following steps:
Make a decision on the legal framework.
Choose a location for your company.
Obtain the right to use the company’s trade name.
Submit an application for an e-commerce licence. Submit an application for an initial approval certificate. Submit an application for a business licence.
Create the Memorandum of Agreement (MOA) / local service agent agreement.
Rent a space for your business.
In the event of imports and exports, you must register with the port and customs authorities.
Take the licence from the Department of Economic Development and keep it safe (DED)
Obtain an account with a business bank.
The cost of obtaining an e-commerce licence in Dubai
The cost of an e-commerce licence in Dubai varies depending on whether you want to engage in trade or professional activity as your primary business. As a result, the cost of an e-commerce licence in the United Arab Emirates will vary.
Although there are a variety of expenses associated with starting an internet company in Dubai, the following are the most often encountered:
Fees for DED registration
Office space is available for rent.
Sponsorship costs for a local partner in the United Arab Emirates
The cost of an investor visa
The cost of an immigration card
Fees for the stamping of the company’s Investor’s medical certificate as well as Emirates ID fees
If there are any foreign name charges, they will be listed here.
Medical insurance premiums paid by the investor
Any additional taxes or levies levied by the government
If additional partner fees are required, they will be charged.
If additional partner visa costs are required, they will be charged.
You may acquire an e-commerce licence in Dubai for as little as AED 14,500, which will allow you to start your ideal digital business. Consequently, you should take advantage of this profitable business opportunity by contacting the business experts at Generis Global, who will assist you in obtaining an online commerce licence.
The Various Types of E-Commerce Licenses Available in Dubai
In the United Arab Emirates, there are many different kinds of e-commerce licences. There are three kinds of e-commerce licences available in Dubai. These licences are available to you based on your nationality and the nature of your company’s operations.
The three kinds of ecommerce licences available in Dubai are as follows:
Trader’s Permit for the Internet
E-trader licences are available to anyone who want to provide their services or sell their goods over the internet.
The Department of Economic Development regulates the e-trader licence in Dubai, which may only be acquired by citizens of the United Arab Emirates and the Gulf Cooperation Council (GCC) who reside in Dubai. An e-trade licence may only be acquired if the business is owned by a single individual. With this licence, you are not permitted to have a real office space or to establish a store.
License for the Portal
A portal licence is yet another kind of e-commerce licence in Dubai that may be acquired by individuals who are not citizens of the United Arab Emirates. You may establish an internet company in Dubai if you have a licence to operate a portal, which connects customers and sellers. It is also possible to use a portal licence to create a listing website that contains goods, services, and reservation options. When applying for a business establishment in the mainland area, the cost of a portal licence is about AED 12,000 (about $12,000). It is important to note that the cost of an e-commerce licence in Dubai varies depending on your company’s needs.
License for a Virtual Corporation
The Dubai Economy has introduced the virtual business licence, which enables foreign investors and non-residents of the United Arab Emirates to conduct economic operations in the area. This licence, on the other hand, is restricted to just three industries: computer programming and associated activities, designing activities, and printing and advertising services.