Online business in UAE is a growing industry, with almost all businesses adopting some form of e-commerce. The UAE has become one of the top places to do business. There are many benefits to operating an online store in the UAE, especially for small businesses that may not have access to retail spaces or large advertising budgets. In this article, we have covered all the requirements needed before starting an eCommerce business or an online business in UAE.
Steps to get a license for online business in UAE:
Online business in Dubai UAE is the most profitable and lucrative business. It is very easy to start an online business in UAE. There are many options available for you to choose from.
Select the right business location:
If you are thinking of starting a business in Dubai, the first step is to choose the UAE region in which you want to register your company. You can choose from among Dubai, Ajman, Sharjah, Abu Dhabi, Fujairah, Ras Al Khaimah, or Umm Al Quwain. Once you’ve selected a region, you must decide whether you want to establish your company in a free zone or on the mainland. The main benefit is that it will be easier for you to get permission to operate your business if you do so in one of these areas. It will also be easier for you to find resources such as office space and other supplies that may be necessary for running your company successfully.
Choose the trade name and trademark registration:
It is necessary for you to have a trade name for your company as it helps in identifying your brand from others. However, before registering the trade name with DCCI, you must make sure that no one else has already used that particular name for their business operations. To do you need to check the UAE company registration directory with help of the DED government. If there is no issue with the chosen name, then proceed ahead with the registration of the same at the DCCI office by paying fees for a letter/symbol/number/word in Arabic or English script. You would also need to provide photocopies of your passport and visa.
Apply for license :
In order to start your online business in UAE, you will need to apply for an eCommerce license in Dubai UAE or an E trader license. If you are planning on starting a business in a free zone or mainland, then you will need to apply through the Department of Economic Development (DED).
Apply for residency:
After you receive your license, go ahead and apply for a UAE visa. You can get it stamped in your passport, and then bring it with you when you visit the country. You can also apply for visas for your staff and family members at the same time.
Business bank account opening:
To make business-related transactions, you should need a business bank account. there are many international and local banks that offer the best benefits for business accounts.
Business ideas for starting an online business in Dubai:
There are several ways you can start your online business in Dubai. In this article, we will discuss some of the best ideas that can help you to make money from your flexible location.
1. Sell Products on Amazon
2. Do home-based business in Dubai such as making cakes, and baked foods selling with help of food delivery apps.
3. Online Coaching
4. Freelancing (Software products selling designing and development, marketing )
What are the benefits of registering an eCommerce business in the UAE?
- One of the top advantages of registering your eCommerce store with UAE governance is that you’ll be able to save money on taxes and other expenses.
- Registering your eCommerce business with Dubai Government will help you avoid any legal issues that may arise due to a lack of legal registration or compliance with government rules and regulations.
- No fines: if you are selling products without registering your business, there are chances that you could be slapped with fines or even imprisonment. Registering your eCommerce business helps avoid such situations and reduces the risk of being fined by the authorities.
- There are so many options available when it comes to promoting and selling products on an eCommerce website or mobile app such as social media channels, Google AdWords, search engine optimization (SEO), etc. With a registered business, you can use these methods legally without any issues or worries about getting penalized by the authorities for using them.
- Can get bank loan facilities with eCommerce license: banks tend to offer more loan facilities to businesses that have registered themselves with the government as compared to those that haven’t done so yet.
- Registering your eCommerce business with the UAE government makes it easier for consumers and clientele to trust you as an entrepreneur or a seller. This will help increase sales and also bring about confidence among customers that what they’re buying from you is genuine and not fake or counterfeit.
- The main advantage of registering your online business in UAE government is that you can make payments easily through their portal. This means that you do not have to worry about paying taxes and other fees on time as they will automatically deduct the required amount from your bank account and deposit it in your account. This saves a lot of time and effort on your part as well as reduces the chances of any errors happening while making payments online.
- There is no need for a warehouse or any specific office location in order to operate your business successfully. You can operate it from anywhere as long as you have internet connectivity on your PC or laptop and can access their website anytime!
- Another reason why you should consider registering an eCommerce business in UAE is that operating costs are very low compared to other countries.
At Legal House Dubai, We are a one-stop shop for all your Company formation needs. Whether you are looking to start a business in Dubai, Sharjah, or Abu Dhabi Ajman, we can help you get a license from the related department. We also provide services like residency visas, bank account opening, office spaces, legal document drafting, and company registration in Dubai. Feel free to touch with us at any time. we are happy to help you.