The Issuance of 18,013 e-Trader Licenses by Dubai till Date

Since the project began in March 2017, Dubai has granted over 18,000 e-Trader licenses, indicating the rise of e-commerce as a significant economic activity in the emirate.

With the initiative's debut in March 2017, the Department of Economy and Tourism (DET) in Dubai has provided over 18,013 e-Trader licenses till the end of March 2022, according to the Business Registration & Licensing (BRL) sector.

Significance of e-Trader License?

The e-Trader license allows Dubai startups and freelancers to conduct business online and through social media profiles. Professional licenses account for 13,671 of the total permits issued in the last five years, while commercial licenses account for 4,342.

Aim of e-Trader License?

E-Trader's objective is to license startups and company operations that operate from their home, online, or through social media. The license, which is given electronically, gives traders the tools they need to succeed in business.

Licenses Issued in the First Quarter of 2022

During the January-March 2022 quarter, the agency said it issued 1,605 e-Trader licenses, with 1,334 and 271 licenses awarded to professional and commercial categories. This demonstrates the government's ongoing commitment to supporting e-commerce and the economy's competitiveness and the government's aim to promote digital transformation and raise awareness of e-platforms that allow commercial activity.

Top Activities of the Licenses Issued?

Portals, marketing services via social media, marketing management, web design, social media applications development and management, project management services, fashion designing, blogging services, ladies and men garments trading, internet content provider, calligraphers & painters, and perfumes & cosmetics trading topped the list of activities of the licenses issued during the first quarter of 2022, according to the BRL sector's report.

An Initiative to Ease the Business Activities

The BRL sector attempts to regulate and improve the convenience of doing business electronically through the e-Trader license by offering a platform that supports and grows trade and connects clients with traders. The licensee is not allowed to build a shop or store. Still, they are eligible for three visas if the business is owned entirely by Emiratis and the licensee bears all legal responsibility.?

The sector focuses on assisting e-Trader license holders by forming relationships with the public and private sectors, providing facilities for their business growth, and expanding distribution channels through strengthening collaboration with big retailers.

Benefits of e-Trader License

The following are some of the advantages of obtaining an e-Trader license: Membership in the Dubai Chamber of Commerce for commercial activities; privileges/offers from Abu Dhabi Commercial Bank, Mashreq Bank, Commercial Bank of Dubai, Emirates Islamic, and Dubai Islamic Bank.

Getting customs Client Code, which facilitates import and export via Dubai trade.ae.

Temporary employment services, participation in exhibitions, conferences, and training workshops.

Product display in consumer points of sale and obtaining workspace.

Obtaining an e-Trader License

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The Summary

An e-trader license allows individuals to legally offer or sell a product on various online channels, such as websites and social media platforms. Home-based company owners have a fantastic opportunity to participate in events and exhibitions, showcasing their goods and services.?

This license aids in the prevention of the selling of counterfeit goods and commodities on social media. Customers or purchasers who make online purchases through various social media platforms get confidence due to the licensing. You can sell products or services on social media sites if you obtain an e-trader license in Dubai.