/ Blogs / Trade License / Cost And Document Require To Get E Trader License

Cost and Document require to get E-trader License in Dubai

By Sakshi Srivastava - 21 Mar 2022 Last Updated: 21 Mar 2022
Cost and Document require to get E-trader License in Dubai

Dubai is widely recognized as one of the world's top business locations, with numerous foreign companies establishing operations there. And a business setup with a focused and intentional effort can reap unequalled benefits. At the same time, it is advantageous to be aware of the opportunities available to you through social media.

The Department of Economic Development (DED) in Dubai developed an e-trader license to control the sales of online commodities marketed through social media networks. This rule serves to reduce the selling of counterfeit products and commodities on social media. The license also offers as a boost of trust for clients or purchasers who make online transactions through various social media sites.

If you want to work from home utilizing social media platforms and don't want to acquire an office, an e-trader license in Dubai is the best way to grow your business. The Dubai E-trader license permits you to conduct online transactions in Dubai.

Who should apply for an UAE E-trader License?

  • Individuals and home-based businesses who promote and sell things online through websites or social media can apply for an E trader license.
  • All online sales made through a legitimate social media account need the acquisition of an E-trader license. This applies to stay-at-home moms and housewives who sell handcrafted crafts, fashion attire, jewellery, and other goods and services via various internet platforms.
  • An e-trader license in Dubai is required for home-based businesses that do not require office premises, as Ejari paperwork is unnecessary in this case.
  • E-trader licenses are required for freelancers who provide a variety of online services. An E trader license in Dubai can be applied for by a home-based firm controlled by a single individual that does not require a local partner.
  • E-trader licenses are required for the selling of products and commodities through e-commerce websites.
  • The license applicant must be either a UAE national or a GCC national. Foreign expatriates of certain other nations, in addition to UAE and GCC nationals, are permitted to apply for the license.
  • To apply for the E trader license, the applicant must be a resident of Dubai and be at least 21 years old.

How to get An E-Trader License in UAE?

Following are the Steps

  • The registration of an E-trade license is a simple and quick process. You can do so by signing up for an account on the DED Trader website.
  • Create an account on the DED Trader website. Provide information about your social media profiles. After registering, pay the licensing cost.
  • The licensing price for Dubai E Trader is AED 1070. The license must be renewed yearly.
  • Take advantage of Dubai's massive E-Commerce potential. Please contact our company setup specialists if you have any questions or concerns about the E trader license in Dubai.

Purpose of an E-Trader License in the UAE

Today, the world discovers through social media, which is employed as a marketing tool to satisfy the demands of businesses. Social media has made it possible to do business research from the comfort of one's own home. People who use social media as a business platform will not have to spend outrageous amounts of money establishing up the firm and marketing the items, which is a feature that typically catches people's interest. They are capable of efficiently disseminating information about the company via social media channels. It will serve as a marketing tool as well as a point of contact between the business owner and the buyer.

The e-commerce license The UAE was created to govern economic operations that take place on social media networks. To start a company on social media, you must first get an e-trader license. The authority has developed a procedure for issuing the subject license. The Department of Economic Development (DED) is the official institution in charge of investigating applications and issuing licenses. A DED Trader license or simply a E-  Trader License.

Documents and Estimated Cost required for an E-trading License in UAE

To get an E trade license in Dubai and the UAE, you must provide DED with essential documentation showing your address, age, residence details, and so on. With the license, you can operate a shop. The license is for promoting enterprises that operate out of people's homes.

The following documents are necessary for an e-commerce license in Dubai:

  • Must be based in Dubai and possess a valid Emirates ID.
  • The minimum legal age is 21.
  • Register the business name with the appropriate authorities. Furthermore, the approval must be submitted to the application.
  • Evidence of residency

A UAE e-trader license may be obtained in 3 to 5 business days. The payment must be made to the authorities within 24 hours of the payment voucher being issued. To begin commercial business activity, you must be a member of the Dubai Chamber of Commerce.

Conclusion

Talk to us about your plans right now. We have a competent staff that will help you based on your company goals. It will be more successful if you enter the business area with the assistance of our experienced team, rather than trying the industry with no prior expertise. We will supply you with helpful thoughts and tactics that will help your business succeed. Connect with Dhanguard for additional details you need.

Dhanguard provides the business setup and company formation services in Dubai, UAE with the guidance of our professional team of consultants. Faster and hassle-free company setup in Mainland and Freezone in UAE.

Dhanguard provides faster and hassle-free Trade License with minimum paper work. With the guidance of our professional team of consultants you will get General trading license, Freelance license, Etrader license, Event Management License, Travel Agency license in Mainland and Freezone in UAE.

Get Instant Advice