Dubai is one of the world’s top markets for online businesses, generating $8.5 billion in revenue annually. To protect yourself and your clients, Dubai requires an e-trader licence to conduct online business. By doing this, you ensure that your business activities are legally compliant.
The market for e-commerce was boosted by the increase in online purchasing. The E-commerce market is a larger, increasingly popular industry. The biggest players in the e-commerce sector in the Emirati economy include Amazon, Noon, and Namshi. Many online channels are available for you to launch your business. The e-commerce industry is expanding more quickly and is anticipated to have a bright future. People must explore new ways to do business as evidenced by the expanding trends in e-commerce.
The DMCC launched the DMCC e-commerce ecosystem to expedite the growth of the e-commerce sector across the MENA region. In the event of launching the new Ecosystem the Executive Chairman and CEO, DMCC, said: “Rapid digitalization across UAE and the wider region is driving growth in the e-commerce sector at an unprecedented rate.” This program is launched in partnership with storage provider The Box. The Box is known to be the largest self-storage provider of the Middle East. The DMCC and the storage partner The Box together will design a program which will be beneficial for the growth of the e-commerce entrepreneurs and SME.
E-commerce companies like Instashop, Deliveroo, Cafu, ClassPass etc. another 290 more companies like this are currently registered under DMCC. The currently valued $32 billion region’s e-commerce space is expected to hit $50 billion by 2025. Upward trajectory in the UAE’s E-commerce market is continuing to expect. The country is expected that this upward momentum will help to provide more opportunities in the job sector, payment sector, logistic sectors, technical and innovation sectors and the distribution sectors as well.
(A) Basic E-Commerce Package – AED 40,915
3 + Visas Quota
50-100 sq. ft. Storage space at The Box
(B) Starter E- Commerce Package – AED 71,945
6+ visas Quota
300-750 sq. ft. Storage space at The Box
(C) Premium E- Commerce Package – AED 84,515
7+ Visas Quota
400-750 sq. ft. Storage space at The Box
Other than this DMCC also gives access to various platforms (warehousing solutions, storage solutions, fulfilment centre) to grow your business. It offers a wide range of value added services also such as order deliveries, picking & packing, visa solutions, customs services, order deliveries etc.
Select the type of license (either Free Zone or Mainland)
There should be a company’s website, logistics support to deliver to your customers (either your own or the third party), registration of payment gateways (cashu, checkout, Telr, Payfort etc.)
Our business consultant experts will help you to get a new E-commerce license. You can visit us at https://alyaauditors.com/ for more information and can call us on +971 487 69377 for expert advice.