Have you ever thought of doing business online from the comfort of your home?
E-trading is an effective technique employed by business individuals and entrepreneurs to carry out business activity online by using various online and social media platforms, websites and marketplaces.
So the E-trader licence Dubai is a business license mostly required by sit-at-home entrepreneurs in Dubai to carry out their business activities online.
The Department of Economic Development in Dubai (DED) introduced the E-trader licence in Dubai primarily to regulate the sales of products and services online. This was done to ensure the genuineness of those businesses. It was launched in 2017.
E-trader license is good for individual entrepreneurs who do not need to rent a physical office place to carry out their business. This licence is open to UAE residents, expats and GCC citizens.
Just like every other licence out there, Dubai E-trader licence has certain conditions to be met. Below are the key requirements:
Since E-trader license can be obtained only by UAE residence visa holders or GCC citizens, being an expat you need to obtain your UAE residence visa first.
UAE residence visa can be done either through employment, business ownership or investments. Another way is being a dependent and having a visa under the sponsorship of a spouse or a parent.
If you have one of those, you become eligible for the E-trader license.
It is important to note that the list of business activities allowed under the E-Trader licence differs for GCC citizens and expats. There are certain restrictions for expats:
Below are the benefits you enjoy having an E-trader licence in Dubai:
Below is a step-by-step guide on getting an E-trader license in Dubai:
So when you are done presenting all the necessary documents, the verification and checks are performed. You will receive your E-trade license within 3 to 5 working days.
Basically, everyone is considered a beneficiary of this licence privilege as long as your residence status is valid. However, below are the different categories of people who may find the E-trading more convenient:
It is important to note that more than one person cannot be registered under one licence.
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