How to Get an E-Trader License in Dubai
Dubai's DED Trader license allows start-ups to conduct business activities online and across social networks. In order to enter the business world successfully, traders need the right license. As a result of the DED Trader license, Dubai Economy hopes to regulate and enhance the ease of doing business electronically.
The DED Trader license is issued electronically wherever you are by visiting dedtrader.ae and following simple steps; create username and password; enter address details, and social media accounts for the project/business; select the activity and trade name; and then pay online and receive the license.
If you plan on doing business online, you need an e-trade license.
E-trader licenses were created by the Department of Economic Development (DED) in 2017 with online scammers in mind. Aiming to regulate Dubai businesses that operate online and through social media platforms was the goal.
UAE citizens and citizens of other Gulf Cooperation Council (GCC) countries can obtain an e-trader licence in Dubai, including:
Saudi Arabia
Kuwait
Qatar
Bahrain
Oman
The cost of an e-trader license in Dubai, United Arab Emirates
A Dubai e-trader license costs AED 1,070. As an e-trader, an expat can sell professional services, like graphic design, event management, and marketing, on social media.
DED provides applicants with a payment form or voucher form so they can pay for their e-trader license within 24 hours of receiving it. DED's system automatically cancels the payment approval if the person cannot do so.
The Dubai Chamber of Commerce membership fee of AED 300 must also be paid with the license fee for e-traders of AED 1,070.
Applications will be verified within minutes of submission. E-trader licenses will be issued to successful applicants within 3 to 5 business days.
E-trader licenses in Dubai are available to expats
It is possible for expats to obtain an e-trader license in Dubai. Only people over 21 and residents of Dubai are eligible.
As a dependent or family member of a spouse or other family member, you can obtain a United Arab Emirates visa through employment, business ownership, or a sponsored visa.