Acquire E trader license in dubai, UAE: Simple Steps to Get it
For those who reside in Dubai and want to start a business the e-trader license in Dubai is ideal for them, in this article we will explain everything you need to know about the e-trader license UAE. With the development of technology and the evolution of social media, the business world has changed the way it is run. Online sales platforms and websites have innovated the way you buy or sell a product or service. It is now easier to shop without leaving the comfort of your home, which means that consumers prefer to shop online instead of going to a physical store. Because you don’t need a storefront or office to sell online, many self-employed merchants have taken advantage and are making use of social media to promote their services or sell their products. In UAE, the authorities took notice of the advance and increase of online sales and created the E-Trader License UAE to regulate illicit sales and provide reliability to consumers. 1. E-commerce in Dubai. For a person to trade online in the UAE, the trader must have a license corresponding to the economic activity they wish to carry out. In order to access the e-trader license in Dubai and establish your business, you must first apply to the Department of Economic Development (DED) and the Digital Government and Telecommunications Regulatory Authority for approval to obtain the license and pay the e-trader license cost in Dubai. The main advantage of online commerce is that stores are available 24/7, and shopping online makes it easier for people to find a good deal and save travel time. There are several methods to sell online, the most common are selling through a marketplace such as Amazon, through your own website (which avoids paying marketplace commissions), and making use of social networks. It is because there are so many means that the market has increased so much and licenses are so sought after. In addition, most companies or independents use all media together to achieve better results. Some licenses you should opt for if you want to have e-commerce: E-trader license: It is suitable for online business and is inexpensive. Commercial or service license: This license is not specifically for online commerce, but you can have your business and offer your products online. E-commerce license: Traders use it to sell through their own website. Portal license: It works as an intermediary between the seller and the buyer. UAE Freelancer License: For all freelancers who wish to showcase their skills online. Here you will find out Steps to Starting a Business in UAE 2. The E-Trader License in Dubai The Department of Economic Development (DED) launched the E-Trader License in 2017 for all those e-traders who decided to start a business and use social media as a medium, the E-Trader License is a license that allows UAE nationals who are residing in Dubai to run their business through diverse social media platforms and only through them. The main reason why the e-trader license UAE was created is to prevent illicit sales, which have increased with the development of social media. In addition, it allows regulating the sales of products through websites and reinforces confidence for future buyers who want to experiment with online shopping. The etrader license in Dubai has a special focus on self-employed people who run their business from home and thanks to the electronic age do it through social networks such as Facebook or Instagram. Read this article and see Why Should Set Up Your Company in Dubai Mainland 3. Advantages of having an e-trader license UAE Having an e-trader license UAE allows entrepreneurs and traders to legally promote their products and services, but beyond this brings other advantages such as: Being legitimate and authentic in e-commerce. It brings a sense of trust. In this way, customers feel secure when buying. It protects the commercial name and intellectual identity. The e-trader license UAE is cheaper in Dubai. It provides legal authority to trade through social networks. Allows creating a corporate bank account in Dubai. Gives the opportunity to participate in various events where they can showcase their products. By obtaining the e-trader license in Dubai they get training programs that the DED provides for electronic traders. For whom is the E-trade license suitable? For all those entrepreneurs and businessmen who work from home with their own company and do not need an office, the E-trade license in Dubai is ideal. Because this license allows them to promote and sell comfortably online making use of social networks or websites. The following are clear examples of people or traders who can apply for the E-trade license in Dubai: Freelancers. Those who wish to make good use of their idle time and have their own business. Mothers or stay-at-home family members. Beginners who want to get started with online sales. People with an entrepreneurial mindset. Professionals in certain areas who want to experiment working on their own. Anyone with the ability to promote products or services through social networks. 4. What you should know before obtaining the E-trader license in Dubai? There are certain aspects that you should take into consideration before choosing to apply for the E-trader license in Dubai, let us explain briefly. The E-trader license UAE is issued for the trader to use in a specific area of the Emirate. In order for the traders to use the E-trader license in Dubai outside of Dubai, they must first apply to the DED for approval and acquire another license that grants the permission to be an E-trader in that area. This means that if the entrepreneur with the license wants to use it outside Dubai, this will not be of any use to him. You might be interested in Tips to Launch a Low-Cost Business Setup in Dubai, UAE Reasons why should you get your E-trader license in Dubai? If you are an entrepreneur, self-employed trader or you are thinking of creating your own business, the E-trader license UAE
