If you are planning to selling and promoting your products and services using social media platforms from your home, then an e-trader license is the right choice.
The Dubai e-trader license is the perfect solution which allows you to do online business in Dubai. Here, you can learn about what is E-trader Price and who can eligible to get E-Trader License .
DED E-Trader License in Dubai :
E-trader license is a license which was introduced by the Dubai Department of Economic Development (DED) to manage the sales of online products and services which sold through social media websites. This can helps to control the sales of fake goods and services over social media. This is also serves as a confidence booster for the customers or buyers who engage in online purchases via various social media platforms.
There are two types of E-Trader license in Dubai,
● Commercial License
● Professional License
The Dubai E Trader license fee is AED 1070 and it mandatory to renew the license yearly. Note that, if you need to sell your products and services you need to get separate approval from the relevant DED authorities.
Expats can get DED E-Trader License :
At First, Dubai E-trader License was issued only to Emiratis and other GCC Nationals who was staying in Dubai only. Then the authority decided to allow expats in dubai to getting E-Trader License. However, there are some restrictions urged to expats to get it.
● Eventhough an Emirati or the GCC nationalities can apply for both the licenses, an expat can apply for the professional license only.
● This restricts the business activities of expats to offer professional services like make-up artists, photography services etc.
● They can’t able to trade or manufacture or selling the products in Dubai or any other emirates.
Advantages of having E-Trader License in Dubai :
The following are the benefits of getting DED E-Trader License :
● The Authority permits UAE citizens and other GCC nationals and even Expats who are all residing in Dubai are allow to selling their products or services through different social media networks.
● Because of licensee is being single person, the trader need not to get a physical store or issue visas. You can promote your products and services by staying in home itself with the help of social media platforms.
● E-Trading will act as both a marketing tool and an interface between the business owner and the customer.
● By obtaining this license, you will be able to sell items or services on social media sites with highly secured internet channels.
● Online transactions with E-Trader licensed entrepreneurs give people the assurance that they wouldn’t end up with fake products or frauds.
● More Important, customer need not go to physical store to buy their items which they wish. They can easily buy it through social media platforms which is more conveniently and simple.
● Through E-trader License , we can reduce the selling of fake products on social media.
Apply for E-Trader License in Dubai :
● All the house-wives and mothers who stay at home and ready to sell their hand-made items, jewellry or any other products through social media platforms.
● Home entrepreneurs who don’t need physical office to save their money but want to use their talent can eligible to get E-Trader License in Dubai. So it is not mandatory to register Ejari.
● Freelancer who offer various services without the requirement of local partner can also apply for it.
● Testing the success probability before entering the full-fledged business
● It is mandatory for the license applicant to be either a UAE national or a GCC national. Apart from UAE and GCC nationals, Expats of certain other nationalities are also allowed to apply for the license.
● Women Entrepreneurs who wish to experimenting with new business ideas without taking much risk can apply for E-trader License.
● Sellers who need to sell their products and services directly to customers through online with the help of social media platforms.
Requirements for E-Trader License in Dubai :
There are some requirements for getting an E-Trader License in Dubai, which as follows;
● The Applicant must be located in Dubai and must have valid Emirates ID. Alternatively, a passport copy can be used but only for the GCC citizens.
● The Applicant age must be minimum of 21 years or above.
● The Applicant must register the trade name with relevant authority.
● The Applicant should provide proof of residence (Makani Number)
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