Thinking of starting a business in one of the Dubai free zones? You can consider the landscape of e-commerce business in Dubai to establish a name for yourself. Dubai, a global business hub, has emerged as one of the leading e-commerce markets. Having proper knowledge of the benefits, involved process and documentation, you can set out on your entrepreneurial journey and achieve success.
The free zones in Dubai were established to cater to specific business activities. By understanding the details of Dubai free zone company formation, you can successfully leverage the facilities and incentives to launch the business in the Emirate. Continue reading this article to learn the details of starting an e-commerce business in Dubai.
Back to topBenefits of Establishing an E-commerce Business in Dubai
Some of the benefits of setting up an e-commerce business in a Dubai free zone include-
- Complete repatriation of income and profits allowed
- Quick and Easy access to airports and seaports
- Availability of warehouse and storage units
- Access to high-tech infrastructure
- No currency restrictions
- Tax friendly regulations
- No import/export tax
Conditions to Secure an E-commerce License
Entrepreneurs must fulfil certain conditions to obtain an e-commerce license in Dubai. It includes attaining 21 years of age, having a valid Emirates ID, and an approved trade name, among others.
Back to topHow to Start an E-Commerce Business in a Dubai Free Zone?
Starting an e-commerce business in Dubai is simple. It involves selecting a jurisdiction where you wish to conduct business operations and deciding on a unique trade name for your business. Once these are completed, you must obtain the e-commerce license in Dubai by submitting the application along with the necessary documents and paying the requisite fees to the relevant authorities. You are also required to create a website to start business operations in the specific free zone.
Back to topDocuments Required to Obtain the E-commerce License in Dubai
To avail of the license, you must submit certain documents like copies of shareholders’ passports and visas, copies of Emirates ID, Memorandum of Association (MoA), No Objection Certificate (NOC), and Articles of Association (AoA). Additional documents may also be required. Please check with our business setup consultants to know the exact list of documents.
Starting an e-commerce business in Dubai offers access to a growing market and a wide range of business opportunities. You can tap into this potential by securing an e-commerce license in Dubai. The process is straightforward, but availing assistance from business experts can ensure a smooth transition into any of Dubai’s free zones. The team at Commitbiz has proper knowledge of the legal requirements, business environment and industry practices, making us well-equipped to guide you in your journey.
Back to topHow is the future looking for new and foreign entrepreneurs in Dubai?
The economy of Dubai is growing and there is a huge scope for the development and growth of businesses in the MENA region.
Which are the most profitable sectors in Dubai?
The different sectors which have a very positive outlook are:
- Health care Sector
- Pharmaceutical Sector
- Retail Sector
- FMCG Sector
- E-Commerce
Can a foreign entrepreneur or businessman setup a business in Dubai?
Yes, the process of setting up a business has been made simpler by the UAE government.
How has been the growth of E-Commerce sector in UAE?
In the year 2021, we saw that 75% of the respondents made online purchases as compared to 2020.
How big is the E-Commerce sector in Dubai?
In the year 2021, the E-Commerce sector reached over 5 Billion dollars in valuation.
