E-Trader license is a new license in which you can carry out online business by selling your products or services over social media platforms. The e-trader license is issued by the DED . The E-trader license procedure makes the business transparent and reduces the risk of selling fake products along with other malpractices.
In other words, you cannot sell products in Dubai without a legal trade license. The applicants of the license must be residents of UAE to start a business. Under the e-trader license you cannot sell products via online method.
There is no need of any local sponsor to run an e-trading business. Similarly, it is important to note that non-GCC (Gulf Cooperation Council) expats can only offer professional services in their social media business through e-trader license. They cannot sell products using the same license. Only UAE and GCC nationals are allowed to do trading under e-trader license.
E-trading is a very good idea for people who want to operate from their home with low-budget. There is no need to open a physical store or shop as well.
Requirements to obtain an E-Trade license in Dubai:
After finishing the paperwork, they would need to:
Online shopping is now an important part of everyone’s day to day living. It’s easy, low budget, and gives you lot of options to choose from. An E-Commerce business require selling to the general public and requires you to get an e-commerce license for the same. There are lot E-Commerce license types, and each one is for a different purpose.
You should apply for an e-commerce license if you are ready to maintain product inventories and deliver products to large number of consumers. It is not compulsory to buy or rent an office space for an ecommerce license.