Prime Tower, Office# 2707, Business Bay, Dubai, UAE
E-commerce refers to the process of buying or selling products or services over the Internet. Online shopping is becoming increasingly popular because of speed and ease of use for customers.
E-commerce activities such as selling online can be directed at consumers or other businesses. Business to Consumer (B2C) involves the online sales of goods, services and provision of information directly to consumers.
Business to Business (B2B) refers to the online selling of products, services, or information between businesses.
Selling online can help your business reach new markets and increase your sales and revenues. If you are interested in selling to other businesses, you can use the Internet to find sales leads, announce calls for tender and offer products for sale either through your own website or through an e-marketplace site.
Moving your sales operations online requires that you look at your business needs and information technology (IT) requirements and the options available to you in order to formulate an e-commerce implementation and fulfilment strategy. Here are some questions to consider:
Today, Dubai is a platform for major global e-commerce firms, thanks to the conductive business environment and flexibility of investment, in addition to the integration between the government and private sector, as well as its logistics and strategic location that facilitates international trade.
Launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, the Dubai E-commerce Strategy was prepared by the Dubai Free Zones Council, in partnership with the Dubai Chamber of Commerce and Industry, Dubai Customs and Dubai Economy. The strategy aims to cement Dubai as global logistics hub for the region - where the e-commerce market is set to reach Dh12 billions of local GDP by 2023 - through a number of simulative initiatives.
A recent study by the World Economic Forum, found that the value of the e-commerce sector in the UAE is expected to reach $27.2 billion by 2020, double what it was in 2016. Reports by Mashreq found that e-commerce spending in the UAE increased by 48 per cent in 2018 compared to 2017.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>