Know Everything About E-trader Licence for Your Online Freelance Business

As a freelancer, an e-trader license is an ideal solution to take your business ideas to the online world, giving you the flexibility you have always dreamed of while showcasing your talents. Check out the article to read more!

Online shopping has become an integral part of our everyday lives, whether we purchase items for ourselves or our businesses. In the next few years, e-commerce businesses will be even more prominent due to the rising number of online shoppers. To practice e-commerce business in the UAE, you will require an e-trader license issued by Dubai Economy and Tourism (DET).

Moreover, you can legally sell products on social media platforms such as Facebook, Instagram, and other online marketplaces with the e-trader license. Online business has seen a rise among freelancers worldwide. You can be an entrepreneur without a brick-and-mortar shop! 

Sounds interesting? There has been an upsurge in demand for e-trading licenses in the UAE. According to the joint research "UAE eCommerce Landscape" by Dubai Economy and VISA, the United Arab Emirates is the most developed e-commerce industry in the MENA region. 

The country is on course to achieve a staggering US$16 billion (AED 59 billion) in e-commerce transactions in 2019, thereby exaggerating your need for an e-trader license in the UAE.

E-trader License in Dubai

With the help of a valid license, an e-commerce license enables you to conduct business online. A conventional business may be successfully operated and have a physical structure. 

You can not open a physical store or issue visas under an e-trader license. However, you can take a freelance visa to enjoy freelancing benefits in the UAE!

It will also cover the only market with a constrained supply of goods, generating a meager profit or income. An e-trader license is a trade or business license required to operate e-commerce businesses like a physical enterprise in Dubai. 

 The principal drivers of this sector are the buyer and the seller. To trade various items, they utilize the internet. Because of this, the business is an online corporation. As per the DET regulations, you must have an e-trader license for this business and all other legal enterprises.

Why Do You Need an E-trader Licence in Dubai?

Dubai introduced an e-trader license to regulate and legalize online commercial and retail businesses to protect customers from illegal vendors. With an e-trader license in Dubai, as an entrepreneur, you can protect your trade name and be legally bound in case of any issues or disputes. 

Who can Apply for an e-trader License?

Any young entrepreneurs, freelancers, self-employed individuals, or home-business owners can apply for an e-trader license. Only one individual can register under a single e-trader license.

Eligibility Criteria to apply:

  • All UAE and GCC nationals can apply for an e-trader license.
  • You must reside in Dubai and possess a valid Emirates ID 
  • Applicants must be 21 years of age or older

E-trader license Dubai for expats

Since e-trader licenses are issued only for UAE nationals and residents, you must get a residence visa. If you are a freelancer, you can apply for a freelancer resident visa and possess a valid Emirates ID to apply for the license. 

Please note that you can not use an e-trader license issued in Dubai in any other Emirates. The UAE and GCC nationals can engage in commercial and professional activities with an e-trader license, but expats have a few restrictions. 

Social Media Platforms You can Use for Selling

With an e-trader license, you can sell products through social media or online platforms such as Facebook, Instagram, E-commerce or personal websites, Snapchat, TikTok, Twitter, and Youtube. 

Benefits of an E-commerce Company in the Dubai Mainland

A license for e-commerce allows the investor to keep goods in a warehouse and sell them online in the UAE market. A general trade license is an option for investors in addition to the e-commerce license. As a result, entrepreneurs can sell both physically and digitally. So much so that you can obtain an e-trader license and general trade license in Dubai for expats!

 Documents Required for E Trading License in Dubai

  • Emirates ID document
  • Application form
  • Copies of your passport and passport photos
  • Trade names should be registered with the appropriate authorities. And the approval has to be attached to the application.
  • A valid proof of residency.

Can You Run a Business Online without an E-trade License?

It is necessary to have a license for every trading activity in the UAE. You will face severe penalties if you conduct online business without an e-trader license. An e-trader license is an excellent option for start-ups, solopreneurs, or small business owners wishing to test the market and launch their companies. 

Wrapping up,

E-trader licenses are for small endeavors or home-based entrepreneurs and freelancers. For a large business setup, you must get a proper trade license. Moreover, an e-trader license does not offer you a resident permit. You must apply for a freelance visa to get residency in the UAE. 

Get a freelance permit and visa with Freedom2Work! Enjoy hassle-free visa processing! Contact us at info@freedom2work.com or 800FREEDOM (373 3366) for more info!

Open chat
1
Hello, how can I help you?