How to start a online business in Dubai

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How to start a online business in Dubai

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The appropriate accessibility of internet facility, additionally to the rising usage of smartphones, has assisted drive the development of the e-commerce industry. These days shopping online for clothes, furniture, and other accessories is a trend. In today’s world, the e-commerce sector is developing worldwide. The e-commerce segment is gradually replacing traditional stores. Online businesses are hugely famous across the world. The online marketplace is incredibly lucrative, with a massive number of consumers buying online every day. In Dubai, there are many benefits to starting an online business. If you are planning to start an online business and wondering how to start an online business in Dubai, then there is no need to worry as here we mention the complete details to set up an e-commerce business in Dubai. – PowerPoint PPT presentation

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Title: How to start a online business in Dubai


1
HOW TO START A ONLINE BUSINESS IN DUBAI
Presentation By StartAnyBusiness
2
Introduction
The appropriate accessibility of internet
facility, additionally to the rising usage of
smartphones, has assisted drive the development
of the e-commerce industry. These days shopping
online for clothes, furniture, and other
accessories is a trend. In todays world, the
e-commerce sector is developing worldwide. The
e-commerce segment is gradually replacing
traditional stores. Online businesses are hugely
famous across the world. The online marketplace
is incredibly lucrative, with a massive number of
consumers buying online every day. In Dubai,
there are many benefits to starting an online
business. If you are planning to start an online
business and wondering how to start an online
business in Dubai, then there is no need to worry
as here we mention the complete details to set up
an e-commerce business in Dubai.
3
Introduction
The developing effect of e-commerce has been ease
by individuals becoming more vulnerable to using
the internet all across the globe, the
accessibility on internet and gadgets everywhere,
and the continuous growth in internet tools and
courier services. Dubai, being the pioneer in
anything new, opens its gates to all kinds of
online businesses. You can do services, trading,
education, or even cyber sports team registered
in Dubai. In Dubai, integrating an e-commerce
company is easy however, you cannot refuse the
laws and regulations. Dubai officials do not
permit any arbitrary individual to launch an
e-commerce store and start selling products. To
start an online business in Dubai, you have to
apply for an e-commerce license.
4
Steps To Start A Online Business In Dubai
The procedure of starting an online business in
Dubai has been structured with simplicity in
mind. Each and every business in Dubai begins
with getting a trading license for the kind of
services or products you wish to produce and
trade in the area. This is also happening in the
case of setting up an e-commerce business. The
method of registering any business and getting a
license for it varies on the kind of business,
the types of trading you want to set up, and the
free zone you are choosing for in the
region. This is the easiest and fastest to get a
general trading license and e-commerce trading
license in Dubai. It is issued by the Department
of Economic Development (DED) in Dubai. If you do
not have a license for your business, then it is
not regarded as legal.
5
Steps To Start A Online Business In Dubai
1. Select The Type Of Company 2. Choose A
Location 3. Register A Trade Name 4. Apply For
License 5. Apply For Initial Approval
Certificate 6. Draft A Memorandum Of Association
(MOA) 7. Register Office Space In Dubai 8.
Opening A Corporate Bank Account
6
Select The Type Of Company
The first step is to select the type of company.
There are numerous option available here. You can
register a branch of a foreign parent company, a
representative office, a limited liability
company, and many more. As per your plan and
perspective access to other markets, one or
another choice will be optimal. In Dubai, the
most common type of companies are a limited
company and a subsidiary because they have a
vital set of benefits.
7
Choose A Location
Here the location does not mean the place where
you will set up an office or shop however, the
place signifies where you wish to obtain your
license. There are a number of free trade zones
in Dubai itself, and additionally, there are some
in other emirates of UAE. Dubai provides two
choices the first is a set up a business in the
free zone, and the second one is set up a
business outsides the free zones.
8
Register A Trade Name
It is an essential step to choose the name of the
online store as this name should be memorable.
When registering, you will require numerous
alternatives in case the name is already used.
The trade name can be used as our domain name so
that people can easily find your company name.
9
Apply For License
You have to apply for an e-commerce license after
determining the location. The e-commerce license
is issued by the Department of Economic
Development (DED), so it is vital to approach
them first. If you are looking to set your
company within a free zone, the license will have
to be obtained from the suitable free zone
authorities. The kind of license issued varies
upon the nature of your online business.
10
Apply For Initial Approval Certificate
To start your e-commerce business in Dubai, an
Initial Approval Certificate is a NOC from the
authority. The initial approval certificate will
be valid for 6 months, and it is not renewable.
When submitting your trade name approval
application, you can apply for an initial
approval certificate at the same time.
11
Draft A Memorandum Of Association (MOA)
With the sponsor/partner, you also need to draft
a Memorandum of Association (MOA) and submit it
to the Department of Economic Development (DED).
You have to follow these steps if you choose the
location of your company on the mainland.
12
Register Office Space In Dubai
It is also a vital step to set up an online
business in Dubai. However, an online store has
no premises as a traditional store, there should
be a legal address because the authorities in
Dubai have made it compulsory for a company to
have an office to regard it as a legal entity.
13
Opening A Corporate Bank Account
When you have applied for an e-commerce trade
license and start your business, you will be
capable of setting up your corporate bank
account. All the companies require a bank
account, so you will require to open it.
14
Advantages Of E-commerce Business In Dubai
  • There are no taxes and fees (Except for VAT of 5
    )
  • The possibility of 100 ownership of an oversea
    company in one of the free zones
  • There are no restrictions on the withdrawal of
    capital and no currency restrictions
  • Determining expenses are lower than in other
    jurisdiction.
  • No import and export duties with e-commerce
    license
  • The possibility of getting a resident visa of the
    United Arab Emirates (UAE) for three years with
    the possibility of renewal.

15
Contact us
ADDRESS
Office 1200, Al Musalla Tower, Al Fahidi Metro
Station, Bur Dubai, Dubai, United Arab Emirates
PHONE NO.
971 43233854
EMAIL
info_at_startanybusiness.ae
VISIT US
www.startanybusiness.ae
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