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Choosing the right business structure can give you financial benefits. Among these, LLC and branch are the most popular business structures in Dubai. It can be a sole establishment, LLC, civil company, branch or representative office.
Fuzzmeasure commercial licence license#
The next step to obtain an e-commerce license in Dubai is to choose a business structure.
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There are many advantages and disadvantages of choosing a free zone or mainland accord to your business activity in business scope, visa eligibility and office location.Īlso read: Mainland or free zone – which one is better for you If you opt for the free zone, the portal license is issued by the relevant free zone authority. If you are opting for a mainland, your e-commerce license in Dubai is issued by the Department of Economic Development (DED). In Dubai, mainly there are two jurisdictions in Dubai to set up your e-commerce business. Choose your jurisdiction (mainland or free zone) To get an e-commerce license you need to follow the below-given steps.ġ. With the increasing number of internet-savvy users, it can be profitable to start an e-commerce business in UAE. Process of getting e-commerce license in Dubai More importantly, the UAE government plays a vital role in reinforcing smart transactions between businesses and consumers today by expanding cashless payment options for various types of purchases and government services in the country. Several factors have contributed to the UAE’s global e-commerce positioning, including the rise of startups and tech-savvy consumers in the country.
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The figure is up from the previously estimated figure of $26 billion, due to the impact of Covid-19 on the regional retail industry, according to DeVere Forster, chief operating officer, Dubai CommerCity, the region’s first dedicated e-commerce free zone. The United Arab Emirates having the most advanced e-commerce market in the whole MENA region is set to hit a staggering US$50 billion (AED 184 billion) e-commerce transactions by the end of 2021, boosted by a surge in e-commerce as a result of the global coronavirus pandemic. There has been a growing demand for e-commerce licenses in Dubai, UAE. This is going to grow further in the coming years with the upsurge of e-commerce businesses that are promptly capitalizing on the soaring number of online shoppers everyday. Whether purchasing for personal consumption or business through the internet, online shopping is now a big part of our everyday lives.