The consumers of the UAE are proactive, eager, early adopters of technology, partly due to demographic factors. And as with the other GCC economies, the Emirates also has a high percentage of young population, attributed to demographic transitions, along with diverging fertility and population growth rates.
At the start of the eCommerce roar in the mid-2000s, the UAE was quick to begin exploring the new landscape, and by 2010 several companies have entered the marketplace and since then ECommerce business in Dubai is ever flourishing.
Dubai CommerCity – A Dedicated Free Zone for E-commerce Business in Dubai
In the year 2017, Dubai launched Dubai CommerCity, the regions first eCommerce free zone, as a joint venture between the Dubai Airport Free Zone Authority (DAFZA) and Wasl Asset Management Group. It aims to promote Dubai’s position as a leading platform for international eCommerce and to support economic diversification and smart transformation strategies in the eCommerce sphere
How to Start and Ecommerce Business In Dubai?
There has never been a better time to start a business in the UAE than now. To set up an eCommerce business in Dubai, you need to follow these steps.
1. Licensing
The first step is to get the license. The license is required for confirmation of an eCommerce business setup registration. The license is given by the Department of Economic Department in the UAE. Apply for your E-commerce license in Dubai.
2. Office Space
Once you get the eCommerce license, decide on the office space. Apply for the visas of the employees and staff also rest in the office space of the company. It is said that Dubai has the most modern and advanced office infrastructure available along with additional facilities
3. Website Development
Every company needs to have its website, an eCommerce company’s website is its selling point. You must also have an appealing, catchy, and user-friendly website. Primarily, you will need to register a domain name of the business or company.
4. Online Payment
As e-commerce means buying products online, the preferable way is to also make the payment through online mode. To have an online payment method it is obligatory to have an appropriate page available on the website along with a few other options such as payment with a debit card, master card, PayPal, online transfer from the bank etc.
5. Trading of Products
Having merchandise in stock is essential as a purchaser might need it at any time. It is the best way to bond with a client through good response and proper and quick delivery. There are many kinds of products a businessperson can choose to sell. Depending upon the stock type and business activity, a trade license is issued to the company.
Advantages of Setting up an E-Commerce Business in Dubai
By registering your eCommerce business in the UAE, you will avail these benefits.
- The UAE leaves no rock unturned when it comes to the technical setup. Your business will have a global platform
- Due to fewer hassles from the government, the company formation process is easy and straight-forward
- Non-payment of personal tax turns out to be one of the most eye-catching characteristics to the corporate professionals as the UAE doesn’t demand any fees from business owners
- The position of the UAE turns out to be beneficial if you are looking for business expansion. It becomes easy for owners to enter into the neighbouring countries and function business activities
Confused about How to Set Up an Ecommerce Business in Dubai? Reach Commitbiz.
The UAE’s eCommerce market is a crucial segment of the overall retail sector. Favourable conditions for eCommerce include logistics, developed ports, and locations such as Dubai functioning as global trade hubs with state-of-the-art infrastructure. However, setting up an ecommerce business in Dubai is not an easy task. To start one, contact us. Our team of experts are here to guide you.