How to get a E-Trade License in Dubai: Everything You Need To Know in 2024

Want to start selling online? You'll need an e-trade license in Dubai. This permit allows you to legally conduct business activities over the internet in the city. With an e-trade license, you can set up an online store, sell products or services, and reach customers digitally. It's a great way to expand your business and tap into the growing online market in Dubai.

What is an E-Trade License in Dubai, and Why Do You Need One?

The eTrader license in Dubai Economy (DED) enables UAE and GCC nationals in Dubai to conduct business activities through social media platforms. It's meant for individual owners and doesn't allow for shop openings or visa issuance. If there's a legal issue, the licensee is solely responsible. To get an eTrader license, simply create a DED Trader account and register. The E-trader license UAE was made to oversee business on social media. You need this license to start a business on social platforms. The Department of Economic Development (DED) manages the process and issues the DED Trader or Trader License. Originally, the license was for Emiratis and GCC nationals in Dubai. But due to high demand from expats, it's now available to them too. Expats over 21 in Dubai can apply, which has excited many. However, there's confusion about the restrictions on expats.

There are two types of e-trading licenses: Commercial and Professional. Emiratis and GCC nationals can get both, but expats can only get the Professional license. This limits them to certain services like makeup artistry or photography. Ready to discuss your e-trader license? Our professional team can guide you through the process and give you the best advice.

‍Also Read : Gold Trading License in Dubai – Cost & Steps Involved

Eligiblity to Apply for an E-Trader License in Dubai?

Like any other license, the Dubai E-trader license has its own set of rules. Here are the main ones:

• Age Requirement: You must be at least 21 years old to apply.
• ‍Residency: You need to be a resident of the UAE or a citizen of a GCC country.
• ‍Registration: You must be registered on the official DED Dubai website.
• ‍Identification: You'll need your Emirates ID to register and get the license. This proves your residency or GCC citizenship. GCC citizens can also use a passport copy.Meeting these requirements ensures that you're eligible for the E-trader license.

Documents Required for E-trading License in Dubai?

• To get an E-Trading license in Dubai, you'll need specific documents:
• ‍Emirates ID: Make sure your Emirates ID is valid.
• ‍Proof of Address: You'll need a Makani number to show your address.
• ‍Trade Name Registration Approval: Get approval for the trade name you've chosen.Having these documents ready will help you get your E-Trading license smoothly.

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How to Apply for an E-Trader License in Dubai?

Here are Simple steps to Apply E-Trader License in Dubai :

1. Visit dedtrader.ae: Go to the website to start the process.

2. Create Username and Password: Make an account by choosing a username and password.

3. Enter Details: Fill in your address and link your social media accounts for the project or business.

4. Choose Activity and Trade Name: Select the type of activity you'll be doing and pick a trade name.

5. Payment and License: Pay the fee and receive your DED Trader license electronically.

‍Also Read : Forex Trading License in Dubai – Everything You Need to Know

How Much Does an E-Trade License Cost in Dubai?

"The fee for the Dubai E Trader license is AED 1070, and it must be renewed every year.Explore the vast e-commerce opportunities in Dubai. For any questions about the E trader license in Dubai, feel free to contact our business setup consultants."

Benefits of an E-Trade License

Here are some benefits of an e-trader license:

• It enables UAE citizens and GCC nationals in Dubai to do business on social media.
• It decreases the sale of fake products on social media.
• It boosts consumer trust when dealing with you on social media.
• It allows secure online business transactions.

Are you ready to setup a business in Dubai with RadiantBiz? If you want to learn about starting business in UAE, you can contact us by calling +971 50 797 4832 or sending a WhatsApp message to +971 50 777 5554. You can also email us at info@radiantbiz.com for assistance.