The new E-Trader Licence allows UAE residents to set up a Licence without the requirement of a Local Sponsor or National Service Agent and at significant reduced cost.
This is a new development and an ideal cost-effective solution for single business owners looking to setup a licence to sell professional services and products through their social media.
The E-Trader Licence does not require an office space meaning business owner can work from home. There are some limitations however in regards to trading of physical products/goods (this type of activity is available for GCC nationals only.)
Benefits :
You own the company 100% yourself – this is a ‘sole trader’ structure
No Local Sponsor or National Service Agent is required
No office space is required
You can obtain up to 3 employment visas if required
Limitations :
The Licence offers a variety of activities, however trading related activities (for example selling physical goods or products) are available for GCC nationals only.
A maximum of 3 x visas are available with this licence.
Applicant must have a valid passport, UAE residence visa and Emirates ID.
Must be able to provide an Ejari and Makani number from the Emirate of Dubai.