Start Electronic Business in Dubai

Posted by businesslink uae on January 18th, 2020

Start Electronic Ecommerce Business in Dubai

As the world is preparing with the rise of e-commerce companies, UAE is not far behind to become 100% active in e-commerce. In the last three years, 72% of users in the UAE have changed to the online format and made their first purchase online. The region is known for its high Internet penetration rate and literacy; e-commerce is ready to reach a market of 40 billion AED. It has become increasingly important for companies to increase their online presence to attract the attention of users. As the United Arab Emirates adapts its free zones and aligns them with digital demands, Business Link UAE Business Setup Consultants gives you specific details on how to establish an e-commerce business in the United Arab Emirates.

Today, the e-commerce sector is growing worldwide. It is facilitated by the wide dissemination of the Internet, the availability of gadgets for each person and the continuous development of international messaging services. The e-commerce segment is gradually replacing traditional stores. This is especially notable in the field of trade in electronic products, furniture, clothing and household items. Unlike normal stores, an online store is much less expensive, and, at the same time, its audience is not geographically limited to a city, region or even a country.

As for the UAE, the e-commerce market is as lucrative as online markets in any other area. The e-commerce sector already exceeds $ 10 billion and since more than 90% of the population has access to the Internet, there are excellent opportunities for further growth.

In addition, online commerce, as well as other types of businesses, are subject to preferential tax treatment conditions that operate in free zones. A well-developed logistics system: ports, airports and terrestrial communication networks make this country a real paradise for an online store.

Therefore, if you want to register an e-commerce business in Dubai, you must perform a series of procedures, from the development of the website to obtain an approved e-commerce license.

The process of registering a company in the Dubai free zone and obtaining an online business license here depends on the type of trade and the specific free zone. The general commercial license and the commercial electronic commerce license are the easiest and fastest to obtain. More than 80% of companies have such licenses and are dedicated to trade in various groups of goods.

In general, the creation of online business in Dubai begins with the submission of a license application for electronic commerce. It is this license that makes it possible to conduct business and sell products specified in the license.

How to start an e-commerce business in Dubai, Abu Dhabi, and the other United Arab Emirates?

With respect to the process of registering an online e-commerce business in the UAE, the process of starting a business involves several steps:

  • Select the type of company;
  • Choose jurisdiction (place of registration);
  • Register a legal entity;
  • Choose and rent an office.
  • Get a license
  • Open a bank account.
  • Key benefits of e-commerce in Dubai
  • Entrepreneurs, starting an online business in one of the free zones of Dubai, UAE get some nice benefits:
  • There are no taxes and fees (except 5% VAT);
  • There are no restrictions for capital withdrawal or monetary restrictions;
  • The possibility of 100% ownership of a foreign company in one of the free zones;
  • Operating expenses are lower than in other jurisdictions.
  • No import / export tariffs with electronic commerce license.
  • The possibility of obtaining a resident visa of the UAE for three years with the possibility of renewal

Our services also help you write several documents necessary for the configuration of the Company in Dubai. They even handle your shipments and handle the various legalizations. They also help you obtain visas and work permits for your employees. They provide options for partnerships in the case of an offshore company or a branch. They also help you get several required approvals from different ministries and departments and also set up your bank accounts. All in all, our professionals make their business configuration services in Dubai easy.

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businesslink uae
Joined: January 18th, 2020
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