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.
Preferred structure for E commerce license in Dubai for a Foreign
Investors
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 UAE. 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 a E
commerce license UAE; in a 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.
The world of
business is presently in front of a static economic progress all around the
world. Although the UAE is still well thought-out as one of the greatest
locations to do E commerce trading business regardless of the GCC businesses
being meaningfully affected by the oil prices.
A recent
survey was directed to recognize which were the greatest states for E commerce
trade license Dubai terms of the cost and time it takes to establish it. When
assessing the cost, the survey included, government approval cost for the
business license, office rental charges, employee visa, warehouse and other
related factors.
Setting up E commerce trade license Dubai free zones
When it comes
to setting up an Import
Export 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 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.
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