Dubai E-trader License Explained
License for freelancers at their residence offers three visas.
Dubai has a system that licenses freelancers at their place of residence. The e-Trader license enables start-ups to conduct business activities online and across social networking platforms.
The licensee cannot open a shop/store but can avail of three visas if the ownership is 100 percent Emirati and the legal liability falls under the license holder.
Over 16,400 e-Trader licenses have been issued since its launch in March 2017 till the end of 2021.
The Business Registration & Licensing (BRL) sector in the Department of Economy and Tourism (DET) said the total number of e-Trader licenses issued in 2021 reached 6,217 – an increase of 6 percent compared 2020.
e-Trader aims to license startups and business activities that operate from their place of residence, online, or on social networking sites. The license, which is issued electronically, aims to guide traders “towards the right path” to enter the business world.
Which businesses are thriving?
According to the BRL sector’s report, 79 percent of the e-Trader licences issued in 2021 were professional, and 21 percent, were commercial.
Information Technology, readymade garments, women’s tailoring and design, handicrafts, men’s tailoring and design, publishing and printing services, facility management, marketing services, and preparation of food, topped the list of activities of the licences issued in 2021.
“Through e-Trader licence, DET seeks to regulate and enhance ease of doing business electronically, find a platform that supports and develops trade as well as connect customers with traders,” BRL said.
The BRL sector focuses on providing support to e-Trader license holders by signing partnerships with government and private sectors, providing facilities for their business growth as well as opening new channels by enhancing cooperation with major sales outlets.
Benefits of E trader License:
Licenses will:
>> Get Dubai Chamber membership for commercial activities;
>> Benefitting from bank facilities;
>> Getting Customs Client Code, which facilitates import and export via dubaitrade.ae;
>> Get temporary employment services;
>> Can participate in exhibitions and conferences and training workshops; and
>> Can display products at consumer points of sale.
E-commerce haven
Dubai has been seeing a growing momentum of e-shopping, as the emirate has become a platform for the largest e-commerce companies in the world.
“This is due to its flexible business and investment environment, government integration with the private sector and its logistical advantages, as well as a strategic location that facilitates global trade,” the sector said.
The information contained in this presentation is for general informational purposes only related to any governmental updates.
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