We simply can’t ignore the obvious fact that Dubai is a city of opulence and its residents are extremely tech-savvy. You can easily spot people flashing their iPhones and MacBook’s almost everywhere. Most people might ignore this phenomenon but a seasoned investor can spot an opportunity waiting to be tapped.
The eCommerce industry has great potential to grow and thrive in Dubai as the city boasts of unparalleled infrastructure, vibrant culture and a booming economy. The extreme penetration of debit and credit cards has led the foundation of the unprecedented growth of eCommerce companies in Dubai. So, it is quite expected that investors from around the world are making a beeline to launch their eCommerce companies here in Dubai.
Incorporating an eCommerce company is easy in Dubai but you simply can’t flout the laws and regulations while doing so. The Dubai authorities do not allow any random guy to launch an eCommerce store and start selling products. The Internet has made it very easy for anyone with zero technical knowledge to launch an eCommerce store within a matter of few minutes and therefore, someone has to intervene to protect the rights of the buyers. So, it is good that restrictions are in place to protect the interest of the buyers from unscrupulous sellers.
DUBAI, UAE – NOVEMBER 14: Nightlife in Dubai Marina. UAE. November 14, 2012. Dubai was the fastest developing city in the world between 2002 and 2008.
So, to set up your eCommerce company in Dubai, you need to apply for a license first. The Department of Economic Development issues a license and therefore, you will have to approach them first. In case, you are planning to set up your eCommerce company in a free zone, you will have to acquire the license from relevant free zone authority.
In the next stage, you will have to set up a physical office as Dubai authority has made it mandatory for all companies to have a physical office to be considered as a legal entity.
In the next stage, you will have to launch an eCommerce website. So, book a domain name first and make sure that the domain name reflects your brand precisely. Don’t purchase a domain that might resemble an existing company because that will lead to legal complications. There are a large number of companies offering domain name registration service in Dubai. All you have to do is to do a Google search and you will get all the information that you need.
Since people will be purchasing products via your eCommerce websites, you need to set a payment gateway in your website. What it does is that it allows people to make payment via their credit/debit card or via PayPal.
Now, at businesslinkuae.com, we understand that most investors who want to launch an eCommerce company in Dubai are busy and therefore, they are not in a position to deal with all these complex rules and regulations that they must abide by in order to form an eCommerce company. Our business consultants will help you in every step of eCommerce business formation in Dubai. So, get in touch. We are always happy to help.
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