DED Trader Licence from Dubai. The eTrader licence from Dubai Economy (DED) allows UAE nationals and GCC nationals residing in Dubai to practise business activities through various social media networks.. The eTrader licence can be registered under the name of a single owner only. Benefits of E-Trader License in Dubai. The 'e-Trader' license that was launched by Dubai Economy last year in 2017, enabled citizens of the UAE and other GCC states to conduct business activities on social media. It received an overwhelming response with 361* licenses being issued during July 2017 alone. Dubai wants to be an E-Commerce hub. In support, The Dubai Department of Economic Development (DED) introduced a number of E-Trading license activities. Online entrepreneurs can now obtain a specific license for creating online trading platforms.
E Trader License For Dubai Expats. 23rd June 2020. There was a lot of excitement when the Dubai Economy (DED) opened up its E Trader License to Dubai expats after it was previously only available to Emirati and GCC nationals. The excitement for the license was from Dubai expats wanting a cheap trade license to operate a home business. E-Trader License in Dubai: A home-based entrepreneur or individual who sells products and services on social media platforms like Instagram is considered an E trader. E-commerce has seen tremendous growth in Dubai in recent years. By 2025 it is expected that this market will hit 8 billion dollars.
How to Obtain an E-Trade License in Dubai Home » How to Obtain an E-Trade License in Dubai The E-trader license scheme has been unveiled in Dubai from the year 2017 onwards and this has become a major boon for home based entrepreneurs and small businesses alike. The online business license Dubai is the fine example of it and it is leading your business future to success. The E-commerce trade license Dubai plays a vital role in the online promotion and supermarket or shopping; which is very productive for the people and has a lot of benefits and advantages.
Dubai e-commerce license [2021 Guide] E-commerce is one of the world's fastest growing industries. This should come as a surprise to no one. The way we shop has changed drastically over the last decade or so. Visiting the high street is no longer a necessity. The operation of E Trader License in Dubai. With the E trade license in Dubai or a home base business you can officially sell products on social media! With such kind of license you can promote and sell products as well as services; through your social media accounts including Instagram, Face book etc.; or on a personal website. A prerequisite to obtaining a license is to obtain and maintain a registered office. Therefore, the Authorities can in their discretion apply the strict approach to a company seeking an E-Trading license in the UAE. In practice, there may be many unlicensed online platforms trading across the UAE.
The cost of setting up a business in Dubai and obtaining a trade license will depend on varying factors including the type of business activity you plan, the number of partners, the size of the business firm, the number of visas required, the jurisdiction of the business (i.e. Mainland or Free Zone), location of the firm and so on.
E trading license in Dubai is only available for UAE or GCC nationals; who live in Dubai with Emirates ID only; and the owner must be an Emirate or GCC citizen aged 18 or above and residing in Dubai. The ded e-trader license is not allow to open a shop; or issue visas and in case of a legal dispute; the licensee alone will be held responsible. The Dubai E Trader license fee is AED 1070. It is mandatory to renew the license annually. Take advantage of the immense E- Commerce potential of Dubai. For doubts and queries regarding the E trader license in Dubai, please get in touch with Kiltons business setup consultants. Purpose of E Trader License in UAE.