How to get E Trader License in Dubai

E trader license is for home-based entrepreneurs or individuals selling services or products through social media platforms such as Instagram.

The E-trader license was introduced by the Department of Economic Development (DED) in Dubai for regulating the sales of online commodities that are sold through social media websites. It helps to curb the sales of fake commodities and goods over social media.

License can be the confidence booster for buyers or customers who indulge in online purchases through social media platforms. If getting the e-trader license in Dubai, you engage with offering services or products for sale on social platforms.

If you don’t want to hire an office, and look to work from home using social media platforms, then the e-trader license of Dubai can be the ideal solution to flourish your business.

E-trader license of Dubai permits you to do online business in Dubai for selling your services and products to other Emirates. You have to get separate approval from DED authorities.

Who can apply for the E-trader license in Dubai?

Home business people and individuals who sell and endorse online products through social media or websites must apply for an E-trader license.

E-trader license is required for all online sales who use a valid social media account. It refers to housewives and mothers who stay at home and indulge in sales of fashion apparel, hand-made items, jewellery, services and goods through several online platforms.

Dubai’s E-trader license can be applicable for home-business endeavours, where office space requirement is not essential as Ejari documentation gets irrelevant here.

Freelancers offering several online services can apply for an E-trader license. A single individual owning a home-based business doesn’t need a local partner to apply for an E-trader license in Dubai.

E-trader license is suitable for the sales of commodities and goods through E-commerce websites. The license applicant must belong to the GCC national or a UAE national. Besides GCC and UAE nationals, foreign expats of other nationalities can also apply for the license.

Applicants residing in Dubai must satisfy the requirements of minimum age of 21 to apply for the E trader license.

Advantages Of E- trader License In Dubai

E-trader license in Dubai benefits individuals to legally promote or sell products and services via social media channels like Facebook, Instagram, or on a personal website. The e-trader license in Dubai has various other benefits like:

• Licensing brings authenticity and legitimacy for E-commerce and online trading.
• E-trading license gives customers confidence and promotes hassle-free online sales.
• E-trader license gives legal authority to an individual to sell or market a product through online platforms like social media and websites.
• Home-based business entrepreneurs can take part in exhibitions, events and showcase their commodities and products.
• License holders may sell products through e-commerce websites such as Souq.com.
• License holders have a right to participate in the E-trader training program organized by DED.
• License holders can safeguard the trade name and intellectual property.

Application Of E trader License In UAE (Dubai)

The registration of an E trader license can be a straightforward process. You can register at the website of DED traders. Create an account by visiting a DED trader website. Details can be furnished as per the social media account. You can pay the license fee after the registration process.

The cost of a Dubai E trader license is AED 1070. You have to renew the license annually. Take the benefit of the E-Commerce potential in Dubai. For queries and doubts of E trader license in Dubai, get the help of Black Swan business set up consultants.

Documents Needed For E Trading License In Dubai And Their Estimated Cost

Submit the documents of residency detail, address and age to DED to get the E trading license in UAE and Dubai. You can open a shop with a license. It promotes businesses to operate from residencies. If you’re setting up a company in Dubai, the license, procedure and eligibility criteria are different.

Documents Needed For E trading License in Dubai

• Must have the valid Emirates Id and should be located in Dubai.
• The applicable age must be 21.
• The trade name must be registered with authorities. Approval has to be given with the application.
• Makani Number or Proof of residence is mandatory, but Ejari is not necessary.

You can have a UAE e-trader license in 3 to 5 business days. Payment must be made by the authority within 24 hours of issuance of the payment voucher. The membership of the Dubai Chamber of Commerce is mandatory for commencing commercial business activities. License can be issued for one year. It must be annually renewed, within one month of a due date.

Cost Of Dubai’s E trader License

E trader license costs AED 1070 and the E- trader Commercial License costs AED 1370 that includes AED 300 for Dubai Chamber of Commerce membership. E-trading licenses can be used for the personal development of business. Financial stability can be achieved by exploiting the opportunity.

Trader License Is For:

• Spouses at home
• Professionals who want to use their talent, without spending money on setting a firm
• The success probability
• Using free time to set up a side business
• Professionals wanting to take passion as a side business
• Newbies having new business ideas
• Checking the entrepreneurial skills

You can discuss the plans with us today. Black Swan has a professional team to guide you through the business objectives. This can be fruitful if you enter the business field with the support of an expert’s team. We guide you with constructive strategies and ideas to benefit your business.

Originally posted 2021-10-22 07:28:27.