How do I get an e-commerce license in Dubai?


According to a survey by Google that 91.9% of the UAE population has access to the Internet, Dubai is now able to earn money through its e-commerce business due to increased use of the Internet and favorable tax environments. To obtain an e-commerce license in Dubai, you must follow these steps:

How do I get an e-commerce license in Dubai?

Determine the legal framework for your business

The first step in getting an e-commerce license in Dubai is to determine the legal structure of your business. In general, we decide whether to establish LLCs (limited liability companies), private companies, parent company branches, representative offices, and so on. LLC formation and branch offices are common in Dubai because of the effective benefit groups.

Select place

This is where you want your license, not your place to build a store or office. There are two types of zones in Dubai. (1) free zone and (2) mainland. Free zones allow 100% ownership of the company. For the mainland, you must be a local sponsor who owns less than 51% and the rest is yours. Likewise, both areas are some of the advantages and disadvantages of the area. You need to take care of all the factors and decide where to find your online business.

Commercial name registration

Because it does not really exist in your business, choose a name that people can easily remember. Using the brand name as your domain name makes it easy for people to find your company online. Please make sure your domain name is not the same as another existing company because it may have legal implications.

Applying for a license

Once you have decided on a place, you must apply for an e-commerce license. The Department of Economic Development issues this license. It is therefore important to contact first. For companies established in the mainland, you must register for commercial name registration, initial approval and license. You have to pay around AED10,000. If you wish to establish a free zone, you must obtain a license from each Free zone Authority. The type of license issued depends on the type of online business.

Application for Initial Approval Certificate

There is an initial approval certification body, NOC, to start an e-commerce business in Dubai. Validity is 6 months and cannot be renewed. Anyone can apply for an initial approval certificate when submitting their business name approval application.

Simulation and local service personnel compromise drafts

Make a memorandum with the sponsor and send D.E.D. You should follow these steps if you choose your company location on the mainland. All law firms can enter a memorandum that requires that all partners have a special contract and ownership percentage. Companies that have established free zones can leave this step.

Real office registration in Dubai

The next step is to open a real office in Dubai. Because Dubai officials have obliged the company to have a position to be considered a legitimate company.

Final approval of license

Once you have completed all of the above, you will receive a business license within 1-7 days based on this permission.

Import / Export Requirements

Your business must register with the port and customs authorities to obtain the importer code. The UAE will impose a 5% tariff on imported goods entering the free zone and will not export because they have to sell goods / services in free zones.

Opening a corporate bank account

Once you successfully apply for an e-business business license and establish a business, you can open an enterprise bank account. Because the application process is quick and simple, you need to determine which bank you need.

1 comment:

  1. You shared an informative blog.
    Appreciate your thoughts.
    Thanks for sharing.
    Keep it up...
    Company formation in Dubai

    ReplyDelete