Dubai has turn out to be one of the perfect places for to start an E commerce license in Dubai. One of the core phases of Dubai fame is because of its tax free policies. The UAE has attracted many financiers, entrepreneurs and existing factory owner from all over the globe as it is constantly developing. Corporations in Dubai also advantage hugely due to the quick development of the economy. In order to setup an E commerce license in Dubai for a foreign investor to perform business in the UAE. They must need to setup a proper legitimate presence in the country. And this is only possible when they apply for the E commerce trade license in Dubai. There are so many structures for this type of a business; but the most common one is the LLC. Or in other word; the most preferred business structure for foreign investors are Limited Liability Companies (LLC). This is for the reason that the investor is capable to retain majority of control of their business and have to put up only a small amount of money to start E commerce trading license in Dubai.
To start an online business in Dubai; in mainland area foreign investors will have to partner up with a local UAE national, who will have to be majority share in the company; that is 51% of the company’s shares.
Foreign investors can involve in non-commercial industry, if they want full rights of the business. The branch offices are only allowed to participate in the same activities that are being carried out by its main branch. Representative offices are a little partial linked to branch offices, as they don’t have a minor choice of doings they can offer. The representative office does have the capability to do promotion and managerial roles on its foreign company’s behalf.
Import export license in Dubai agent: Trade agent can be a person or company who sends and receives products to and from other countries. In order to start this business you must be aware of currency transactions and import and export laws and policies by the government.
Prior to operating Dubai import export business, it is first necessary to follow the steps outlined below in order to meet the legal requirements of all concerned government authorities and to guarantee maximum commercial benefit for the business owner.
- Submit the company registration application and the proposed company name to the Department of Economic Development (DED) – Notarize the company’s Memorandum of Association in DED – File company documents with the Department for Economic Development (DED) and obtain trade license and the Chamber of Commerce and Industry – Make a name board – Apply for establishment card at the Ministry of Labor – Dubai offshore company formation Register native workers with the Ministry of Labor – Register native workers with the General Authority for Pension and Social Security The basic requirement for all business activity in UAE is one of the following three categories of licenses:- – Commercial licenses covering all kinds of trading activity. Setting up E commerce trade license Dubai free zones
Unlike other Emirates, minimum two directors are needed for Ajman offshore company registration. To setup offshore companies in this region it is required to perform annual audits and physically hold meetings in the presence of an auditor. It is mandatory to have a registered agent for any interaction with Ajman Authority in relation to Ajman offshore company formation. That’s where Shams Consultant comes to your rescue; we help you with every criterion involved during an offshore company formation at Ajman. We save you time, money and effort by handling all the paperwork and getting required approvals from Ajman free zone authorities. An offshore company adviser has 15 years of experience in company formation in UAE. Thanks to the expertise of our consultants, you can set up an offshore company in Ajman within two days. With Offshore company advisers, your Ajman offshore company formation cost will be the least.
When it comes to setting up an E commerce license in Dubai, both free zone and main land offer a prospect atmosphere with various opportunities for an Import Export companies. If a single person wanted to start a business related to E commerce trading in a free trade zone area, then based on government free, the best free zone in terms of having the lowest cost would be Um Al Quwain.
However, if the individual wanted to start an E commerce license UAE trading in normal are, then Ras Al Khaimah would be their best choice as it is the most cost-effective free zone in the UAE. This free zone also offers quite a lot of options when it comes to having a E commerce trading license, depending on visa requirements.
The most economical free zone for a consultancy service business would also be Ras Al Khaimah. Ajman free zone also provides many opportunities for E commerce trading as it has a central location, which offers the stable well connection with other emirates. Ras Al Khaimah and Fujairah offer E-commerce license (Business in Fujairah free trade zone) for a very reasonably low cost.
Cost should not be the only deciding factor when it comes to choosing which free zone or mainland area is the best to start a business in. Other factors such as the available of resources and time required to get approval of the license, also contribute largely to the incorporation of a business
Shams Consultant is a professional Business Setup Consultants in UAE. We are based in Dubai. Established in the year 2010, we are offering unified business solutions for investor to form a company in Dubai and as well as all over the UAE. As one of the top Dubai freezone company formation specialist, we have effectively brought varieties of specialized services such as business setup in Dubai free zone; business setup in Dubai main land and offshore company formation UAE. We also help in finding the right local sponsor or sleeping partner, our services also include of buying as well as selling an existing businesses in UAE, PRO and document clearing services in Dubai and across the UAE.