Well, The e-trader License in Dubai is essential for any online business located in the city. As of today, it has become a necessity for any and all businesses that are situated in Dubai. In the age of social media marketing, digital mediums such as Facebook, Twitter, Instagram, Snapchat, and LinkedIn make or break businesses. It is necessary for all businesses to manage and maintain a lively community in these social media to keep a dedicated customer base.

Both big and small businesses today depend on advertising their products and services on the internet. Even the biggest companies in the world got left behind because they did not adapt to the new business environment of the world. Be it a fashion house or automotive dealer, every business requires a presence online today.

What is the E-Trade License Dubai?

The E-Trader License Dubai was launched by the government of the UAE to recognize and regulate online businesses and businesses using social media. The Department of Economic Development in Dubai, also known as the DED, is responsible for issuing the e-trader license to new and old businesses here.

The e-trade license in Dubai allows businesses and individuals to market and sell their products and services online in Dubai. They can use social media websites like Facebook and Instagram to perform their business activities with the e-trader license. Since the UAE will recognize your business once you have received the e-trader license, you can receive the various benefits provided by the authorities in Dubai.

Benefits of the E-Trader License Dubai

There are several benefits of the e-trader license in Dubai. First and foremost, it allows businesses and individuals to sell and promote their products and services legally in the city. Having a business in Dubai itself provides a lot of benefits to businesses from all over the world. Other than that, there are certain benefits of owning the e-trader license in Dubai.

Here are the benefits of owning the e-trader license in Dubai:

• Trouble-free online sales

Since your business is legitimized when you own the e-trader license, you can seek legal assistance for your business in case of any trouble. The government of the UAE will recognize your business and will assist your business because their interest is in your betterment.

• Customer confidence

Countless online scams are performed every day, and countless possible customers lose their trust in online businesses each day. However, when someone is browsing for products from your business and see that your business is legitimized by the e-trader license, then they will get confidence in your store and in your services.

• Brings authenticity

One of the mandatory steps in obtaining the e-trader license in Dubai is to register your business for a trademark. An authentic logo and trade name set your business apart from the crowd. So customers can easily distinguish your business and return to your website or social media page if they like your products.

• Ability to take part in events in Dubai

There are countless business and corporate events organized in Dubai every year. Currently, the talk of the town is the Expo 2020 Dubai. It will be one of the biggest business events in the world and hundreds of thousands of business owners will be attending this event. You can also take part in such events with the e-trader license in Dubai.

• Ability to sell products via e-commerce websites

Dubai has several e-commerce websites that many businesses use to boost their sales. One of the most popular e-commerce websites in Dubai is Souq.com. You can sell on these websites as well with the e-trader license in Dubai. You can solely sell your products on these websites without any other physical or virtual presence thanks to the e-trade license.

• Ability to participate in training workshops

The Department of Economic Development in Dubai conducts various training programs to help new and old business owners and entrepreneurs find success in Dubai. With the help of the e-trade license in Dubai, you can attend these training workshops as well.

• Safeguarding intellectual property

As we have mentioned before, you need to register for a trademark when obtaining the e-trade license from the Department of Economic Development in Dubai. The trademark not only sets your business apart from the crowd but also safeguards your business from any intellectual property thefts.

How to Obtain the E-Trader License?

The Department of Economic Development is responsible for handing out trade licenses to new and old businesses here in Dubai. They also handle license renewals for businesses in the city. Like all other licenses, you need to follow a few steps to obtain the e-trader license in Dubai.

Here are the steps you need to follow to obtain the e-trader license from the Department of Economic Development in Dubai:

• Go to the DED Trader Website

• Create an account on the DED Trader Website

• Register the trade name of your business

• Enter the details of your social media account

• Complete the registration for the E-Trader License

• Pay the required fees

It is necessary to renew the e-trader license annually. You will need to update any changes to your online business during these renewals. The e-trader license Dubai costs AED 1070, which you will need to pay as fees when registering for the license and during renewals.

Documents Required for the E-Trader License

As one of the reasons the government of the UAE launched the e-trader license Dubai is to regulate the online businesses in the city, you need to provide certain official documents to verify the information you provided during the registration.

Here are the documents you need to provide to the Department of Economic Development in Dubai for the e-trader license in Dubai:

• A document to verify your age and identity (passport, driver’s license, etc.).
• A document to verify your residency in Dubai and the Emirates ID.
• The fee receipt for the trade name reservation.
• Invoice of the fees paid for the e-trader license.

If you are looking to obtain an e-trader license in Dubai and do not know where to get started, feel free to contact us. We also provide company formation services where we will obtain the e-trader license for you so that you can hit the ground running.

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