Dubai trading license
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Low cost business setup. Completed License Application we will arrange Memorandum of association we will arrange Article of association we will arrange Specimen Signature Address proof — utility bill or bank statement.
Business Setup in Dubai Whatever your reason, being your own boss can be personally and financially rewarding--if you come up with the right business idea There are many different opinions about how to start a business Box , Dubai, UAE. Assistance for Professional Sponsors. Register your business within Dubai DED. Register your business within Free Zones.
In practice, there may be many unlicensed online platforms trading across the UAE. However it cannot be guaranteed that the regulator will not identify these unlicensed online traders and impose a penalty between AED , to AED , An E-Trading license provides traders the opportunity to sell to the general public over the internet without needing any human interaction, using any of the applications that rely on the internet.
It involves co-ordinating with payment service providers which offer online electronic payments by a variety of payment methods including credit card, smart cards and digital money E-cash.
Typically, if a company is licensed to trade in a particular industry, that trading license will qualify the company to also trade online. Unlike Dubai mainland which is subject to the CCL, free zones have their own set of regulations when it comes to licensing business activities.
Free zone companies cannot conduct commercial activities outside of the free zone. Therefore, for a trader to freely trade and sell its products online, into the wider UAE, the trader must also obtain a license to do so from the DED. Some free zones do offer E-Commerce activities, but the scope of a free zone E-Commerce activity is limited to facilitating a sale through an electronic medium, rather than directly conducting retailing activities.
In short, a free zone company with an E-Commerce activity can only act as a middleman, unless it also obtains a license from the DED to allow the free zone company to trade freely across the UAE. The conditions are that the license holder must be a UAE national, over the age of 18 and the license cannot be used to open a physical store, nor can it issue visas.