Dubai e-Trader Explained: License for Freelancers at Residence Offers Three Visas – News

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e-Trader aims to license trading activities that operate from their place of residence, online or on social networking sites.



Published: Tue, Jan 25, 2022, 11:21 AM

Dubai has a system that allows freelancers at their place of residence. The e-Trader license allows start-ups to conduct trading activities online and on social media platforms.

The license holder cannot open a shop/store but can avail of three visas if the ownership is 100% Emirati and the legal responsibility rests with the license holder.

Over 16,400 e-Trader licenses have been issued since its launch in March 2017 until the end of 2021.

The Business Registration and Licensing (BRL) sector of the Department of Economy and Tourism (DET) said the total number of e-Trader licenses issued in 2021 reached 6,217, an increase of 6 % compared to 2020.

e-Trader aims to license startups and trading businesses that operate from their place of residence, online or on social networking sites. The license, which is issued electronically, aims to guide traders “on the right track” to enter the business world.

Which businesses are thriving?

According to the BRL industry report, 79% of e-Trader licenses issued in 2021 were professional and 21% commercial.

Information technology, ready-to-wear, women’s tailoring and design, crafts, men’s tailoring and design, publishing and printing services, facilities management, marketing services and food preparation, topped the list of activities for licenses issued in 2021.

“Through the e-Trader License, DET seeks to regulate and improve the ease of doing business electronically, find a platform that supports and grows commerce as well as connect customers to traders,” said declared BRL.

The BRL segment focuses on supporting e-Trader licensees by signing partnerships with the public and private sectors, providing facilities for their business growth as well as opening new channels by strengthening cooperation with main outlets.

Benefits

Licensees:

>> Obtain membership in the Dubai Chamber for Business Activities;

>> Benefiting from banking facilities;

>> Obtain the customs customer code, which facilitates import and export via dubaitrade.ae;

>> Obtain temporary employment services;

>> Can participate in exhibitions and conferences and training workshops; and

>> Can display products in consumer outlets.

Haven of e-commerce

Dubai is experiencing a growing e-shopping boom as the emirate has become a hub for the world’s largest e-commerce companies.

“This is due to its flexible business and investment environment, government integration with the private sector and logistical advantages, as well as its strategic location that facilitates global trade,” the sector said.

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The “UAE eCommerce Landscape” study, conducted jointly by DET and Visa in 2020, showed that Dubai topped the list of the fastest growing and developing e-commerce markets in the Middle East and North Africa . “This digital transformation has boosted investor confidence in the sector and its opportunities for growth and development.

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