General Trading E-Commerce License
A General Trading / E-Commerce License in Dubai or anywhere else in the United Arab Emirates is mandatory if you want to trade in furniture, electronics, apparel, or just about anything that is not on a restricted list (like alcoholic beverages, for which you will have to obtain special permission). This Business License will help you to sell online as well as offline through a physical retail / wholesale establishment. With people staying home owing to the COVID-19 pandemic, online sales are seeing a lot of increased interest.
It may happen that you have to import these goods into the country for local sales. The General Trading / E-Commerce License allows you to obtain a Customs Client Code which can be used for clearing goods at the port of entry. You can choose to seek the services of another business entity with an import license, or you can obtain one yourself. However, if you import goods directly, you have to ensure that all the documentation is in order.
The United Arab Emirates is one of the most investor-friendly nations in the world – there are no import duties or taxes on imported goods.
How to Obtain a Trade License?
The first step involves identifying what exactly you will be trading in. If it is on a restricted list, such as medical products, then you will need to secure additional approvals from the authorities concerned. It is also a good idea to have a business plan in place, one that outlines how you will be sourcing goods and commodities for trading. Do you plan to buy them from a distributor or do you plan to import them directly? In case of the latter, you will also need an import license.
The second step is about finding the right location for your business. General trading / E-commerce establishments based out of free zones are not permitted to operate on the mainland, so this is something that you need to pay particular attention to. Will any part of your proposed business operations – such as delivering goods to customers – be on the mainland? If yes, the mainland would be a better option.
If you find yourself confused by this aspect, please contact us and we would only be more than happy to explain this in detail. There are indeed general trading / e-commerce establishments located in free zones that make use of the third-party logistics providers to pick up the shipments from the free zone that the general trading / e-commerce establishment is located on, and then deliver them to customers on the mainland. A free zone company is not forbidden from transacting business with another company anywhere, so a third-party logistics provider makes perfect sense.
Why Choose Us?
An experienced company formation expert can be of assistance with everything, ensuring that all the paperwork is in place. This way, you can be assured that your application for a General Trading / E-Commerce License will be approved without any delay. We have years of experience helping establish general trading / e-commerce companies on the mainland and in free zones. We have lent our professional expertise to clients from 100 countries around the world.
Our range of services includes not only business setup in Dubai and the rest of the United Arab Emirates, but also cost-effective accounting and audit solutions for ensuing business operations. We are as committed to your success as much as you are.