E-trader Licence has recently been launched by Department of Economic Development (DED), Dubai, that focuses on e-Trader activity allowing Emiratis and GCC citizens in Dubai to conduct business activities on social networking sites. This license will allow individuals to practice of offering products and services for sale on social media.
E-trader license is only available for UAE or GCC nationals who live in Dubai with Emirates ID only and the owner must be an Emirati or GCC citizen aged 18 or above and residing in Dubai. The e-Trader is not allowed to open a shop or issue visas and in case of a legal dispute, the licensee alone will be held responsible.
Benefits of E-Trader License in Dubai
The ‘e-Trader’ licence that was launched by Dubai Economy last year in 2017, enabled citizens of the UAE and other GCC states to conduct business activities on social media. It received an overwhelming response with 361* licences being issued during July 2017 alone. (source Khaleej times) The initiative continues to enhance transparency and customer confidence in online shopping. While online shopping becomes more secure with the e-Trader licence, it also protects the trade name and enables the licence owner to reach out to customers across exhibitions and conferences.
Required Documents for E-Trader License
· Registration through the website
· Emirates ID
· Reserve the trade name
· No ejari (tenancy contract) is required. The home address will be kept confidential in DED’s database
E-trader license – 1070,- AED (plus AED 300,- if activity is commercial)
· License fees can be paid up to 24 hours from the issuance of the payment voucher
· Renewal – license is automatically cancelled if it is not renewed in a month from the expiry date
It takes 3-5 working days to obtain E – Trader License.
How to apply?
You can contact our expert Mr. Faisal Khan on +971507084596 or drop an email to email@example.com to learn more on the e-trader license.
Mr. Faisal Khan
Director of PRO & BPO Solutions
About the Author
Faisal Khan is a Company formation specialist and expert in providing consulting services to individual entrepreneurs and corporate for setting up their business in UAE. With over 6 years experience and being currently the Director of ADAM’s PRO &BPO Solutions, he has successfully registered more than 250 companies in UAE, always striving to put the clients needs first. His secret to success is to provide right advice to client that proves highly cost effective and delivering continuous client support. To book a free consultation session, feel free to contact him on +971507084596 or drop an email to firstname.lastname@example.org