A hundred or more well-known stores conduct business online in Dubai, which has a population of 3.5 million people. The majority of the population consists of middle-aged working people who have access to mobile phones, laptops, and a respectable pay.
People choose to shop online for a variety of reasons, not only the epidemic. Online retailers make it simple to get the greatest offer from the comfort of your home, are accessible around-the-clock, and save you time travelling.
There are many possibilities for starting an online store, thus it makes sense that there is a growing need for E-commerce licences in UAE.
When do you need e-commerce license?
Virtually anything you can think of is a part of the e-commerce industry, from online grocery stores to private aircraft reservations.
It doesn’t matter if you work as a freelancer or for a large corporation—online presence is essential. These days, every business must be an online business.
Documentation required before setting up your online payment gateway:
- License and Memorandum of Agreement for company incorporation
- Passport, visa for permanent residence, and Emirates ID
- Current utility bill
- UAE corporate bank account as proof of address