Small Business license cost in Dubai to start eCommerce

Small Business license cost in Dubai to start eCommerce

Small Business license cost in Dubai to start eCommerce

Small Business license cost in Dubai to start eCommerce

If you are thinking of starting your own online business in Dubai then eCommerce would be the right choice for you. Why? Because Dubai has become the business hub of the world and with the help of an eCommerce store you can sell homemade accessories or web design services to people all around the world. And if you already have established an eCommerce store then how can you sell your products and offer your services legally on that eCommerce store. For this purpose, a scheme has been launched with the name of E-Trader license

In this article, we will be talking about the E-Trader license, what are its benefits, what is the e Commerce license Dubai cost, and how you can obtain one to run your eCommerce store and offer your products and services to a variety of audiences. But before diving into the E-Trader license let us first provide you a little know-how about eCommerce and its benefits.

Ecommerce

Small Business license cost in Dubai to start eCommerce 

Source: Google

Small Business license cost in Dubai to start eCommerce

The process of buying and selling accessories and services through the internet is called eCommerce. Money is also transferred through the internet to complete the sales. It is also called Electronic Commerce or Internet Commerce. Basically, it is an online store just like a physical store from where people can buy goods. The difference is just that they do not have to visit physically to make purchases. They can just buy anything they like while sitting at home.

Types of Ecommerce

There are four basic types of eCommerce models.

  • Business to consumer 

The first and most common type of eCommerce is business-to-consumer eCommerce. In this model, a business sells products to a variety of customers. Buying a carpet from a shop is an example of a business-to-consumer eCommerce model.

Small Business license cost in Dubai to start eCommerce

  • Business to business

The second type of eCommerce model is the business-to-business model. In this model, a business or a firm sells its products and services to another firm. For example, if a manufacturer sells its goods to a wholesaler then it is business-to-business eCommerce.

  • Consumer to consumer 

The third type of eCommerce model is the consumer-to-consumer model. You can see this type of eCommerce on websites like Fiverr, Freelancer, eBay, UpWork, etc.

  • Consumer to business

The Consumer-to-business eCommerce model is the type of model where an individual provides his/her services to a business or an organization.

Small Business license cost in Dubai to start eCommerce

Benefits of E-commerce

There are many benefits of E-commerce business. The first and the most prominent one is convenience. Shopping on the internet is the easiest, fastest, and most convenient way. Also, you can save a lot of your time if you shop from the internet instead of going physically to a store or a market to buy your stuff. Another big benefit of an eCommerce store is that you can target the global market instead of targeting a city or a specific place. By targeting a global market, you can boost up your sales and can achieve your targeted goals. By using Artificial Intelligence in eCommerce you can enhance customer engagement by suggesting them goods and services related to the searches they have made.

What is an E-Trader License?

Small Business license cost in Dubai to start eCommerce

Source: Google

 

Small Business license cost in Dubai to start eCommerce

The E-Trader license was introduced by the Department of Economic Development in Dubai in order to provide business opportunities over social media to the entrepreneurs so that they may establish their own eCommerce store to sell their goods and services. 

The main purpose of creating an E-Trader license was to crack down and counterfeit the fake and low-quality product sellers. With an E-trade license, individual business owners can easily provide their services and products through the internet without worrying about their competitors that offer low-quality products and services. The E-Trader license aims to regulate the services and products conducted through social media in Dubai and other parts of the UAE. It was a great step from the Department of Economic Development in Dubai which motivated entrepreneurs to set up their online stores and can be their own boss. 

Is it Compulsory to have an E-Trader license for your eCommerce store?

You must be thinking that if I start an eCommerce business then do I also need to apply for the E-trade license to continue my online business? Well, the answer to your question is Yes! If you are an online business holder or even a promoter then you do need to have a license to promote your goods and services. This license will act as proof for the goodness of the quality of your products, which will aid in alluring more and more people to choose your business instead of going to untrustworthy online stores. Even though you do not have an online store and you are offering services to a firm or a number of clients, still you will be needing the license which will act as the certification for the quality of your products. 

It is not compulsory to have a license for your eCommerce business but still if you want your business to have a certain identity and you want it to grow, then you should apply for this license.

Small Business license cost in Dubai to start eCommerce

What are the conditions to apply for the E-Trader license?

There are only two conditions to apply for the E-Trader license. If you stand both of the conditions then you can apply easily for the license.

  1. Your age should be at least 22.
  2. You should be based in Dubai to apply for the license.

You should be following these two conditions before applying for the license. Otherwise, you will not be considered eligible to apply for the license and your application will simply be denied.

How much does the license cost?

The license is not so costly. A moderate amount is charged for the license so that everyone can afford it. Currently, the fee for the E-Trader license is AED 1070. Also, the license must be renewed every year. However, when you apply, you will get the confirmation in 5 to 10 days. But this will happen only if you are eligible for the license. Otherwise, your application will simply be denied. 

Small Business license cost in Dubai to start eCommerce

Procedure to acquire the license

The procedure to acquire the license is simple. All you have to do is to go to the department of economic development trader websites and register yourself. Once you have created your account, you should have to pay the price to acquire the license and after 5 to 10 days you will get the confirmation which you can print out as well. And that’s it you have a license.

What can you do with this license?

Once you get the license, you can easily start to promote your goods and services through different digital marketing mediums. These digital marketing mediums include social media websites (Facebook, Instagram, Pinterest), blogging websites, YouTube channels, Emails, etc. Not just that! You can also offer your services on freelancing websites, like Fiverr, Upwork, Freelancer, and many others. This license will help you in reaching out to your potential customers and will protect your ownership of your business or brand. Dubai’s Department of Economic Development also holds training and workshops for E-Traders that you can attend so that you can make use of it in a more efficient way. 

But you must know one thing that if you hold the license to run your eCommerce store in Dubai but when you move on to other parts of the UAE, you must contact their respective departments of economic development to create E-trader licenses for those cities. Otherwise, you will not be considered eligible to offer your products and services to other cities of the UAE. That is why you must have a license for every city of the UAE if you want to open more than one branch of your eCommerce store.

Small Business license cost in Dubai to start eCommerce

No conditions to sell!

It is also important to know that there are no obligations and no limitations on what you sell using this license. You can sell almost anything as long as it is not an item that can harm human health or is dangerous to humans and other animals in any way possible. Also, you should have to make sure that the quality of your products must be good so that people prefer to buy your products over other eCommerce stores. If you are not selling any harmful stuff and also your products are good then you can sell anything including catering, furniture, groceries, household stuff, any kind of food, machinery items, software, and much more. There are no limitations to what you sell as long as you have the license. 

Conclusion

In this article, we have tried to cover the definition, types, and benefits of eCommerce. We have also established an understanding of how you can develop and run your eCommerce store with the help of an E-Trader license while living in Dubai. Also, we have told you how you can acquire a license for your eCommerce business. Still, if you have any questions or queries then feel free to share them with us in the comment section, we will love to provide answers to all your questions. If you found this article informative then give us a thumbs up, we will love your support in any way possible.

FAQ

Most frequent questions and answers

In this new age, Dubai has emerged as the business hub of the world. Most of the businesses are starting to establish in Dubai with an enormous amount of businesses already operating in it. If you also want to establish your small eCommerce business then Dubai could be the right city for you. Why? Because in Dubai you can find the right motivation to develop your business and also you can get a global marketplace to promote your products and services. But if you want to know which eCommerce business could be more profitable for you then stick with the answer. Here we will tell you about some eCommerce businesses that are most profitable in Dubai. If you want to start an eCommerce store then you can start by selling beauty products. Because beauty products are in demand by every woman, man, and child. That is why you can start by selling beauty products. If you do not want to sell beauty products then you can also choose to sell smart machinery like smartphones, watches, laptops, etc. Because with the advancement in technology, everybody wants to acquire the latest technological items. So this eCommerce business can also be profitable for you.

The e Commerce license Dubai cost is not that much. A moderate amount is charged for the license so that everyone can afford it. Also, the license must be renewed every year. However, when you apply, you will get the confirmation in 5 to 10 days. But this will happen only if you are eligible for the license. Otherwise, your application will simply be denied.

The eCommerce license cost in Sharjah is almost 11,500 AED. It is slightly higher than that of Dubai. But there are many factors due to which the cost of an eCommerce license is more in Sharjah than in Dubai. The biggest factor is that there are more licenses obtained in Dubai than in Sharjah because everyone wants to start his/her business in Dubai. But in Sharjah people apply rarely for the eCommerce license store that is why their prices are also high. This eCommerce license opens the door to various opportunities for entrepreneurs, allowing them to promote their products and services in a more efficient manner.

If you are roaming around in search of the best cities to establish an eCommerce business for you then these five cities can take your eCommerce business to the next level.

 

  1. Dubai
  2. Austin, Texas
  3. Chicago
  4. Manhattan, New York
  5. Los Angeles, California

 

All these cities are considered the best in developing and maintaining an eCommerce business. So if you want to start an eCommerce business then these cities can do the right job for you.

You can obtain an eCommerce license in Sharjah by following these simple steps.

  1. Deciding legal structure and registering your trade name
  2. Making eCommerce license application and paying the fee
  3. Have all the necessary inspections done

 

By following these simple steps you can obtain an eCommerce business license while living in Sharjah.