عربي
Earn 2,000 AEDElectronic Trading
Business Setup in UAE
In the past, a complex web of interactions in the financial markets challenged people who can make purchases and sell stocks, bonds, currencies, and other things with staggering ease.
With the newly adaptive method of trading, investors can predict the market situation and create a unique trading strategy that’s tailored to their goals, sparking their interest in the potential of electronic trading.
Electronic Trading Business Setup in UAE with ExpressPRO
However, like any other market type, the electronic trading market can be quite a maze for first-timers. This is where ExpressPRO, your trusted advisor, can come into play. We offer a clear and well-structured development strategy, guiding you through every step of the process. We will provide you with comprehensive guidance about how to create your electronic trading business effectively. This way, you will develop the necessary confidence and expertise to succeed alongside PRO in the constantly evolving electronic finance sphere.
How is E-Trading
making a difference in UAE?
Operating an E-Trading business offers several advantages that can be ignored as they
impact your business revenue.
Legal
Recognition
Enhanced
Credibility
Access to
Online Market
Cost
effective
How to setup Electronic Business in UAE?
Obtaining an electronic business in Dubai managed by the Dubai Department of Development (DED).
To operate an online business you must follow the necessary steps to conduct your business activities in compliance with regulations.
Account Creation on the DED website
Visit the DED Website:
Go to the official website of the Dubai Department of Economic Development.
Create an Account:
Register for an account by providing the required details, such as your name, email address, and contact information.
Verification:
Verify your account through the email verification link sent to your registered email address.
Start Application Process
Login to Your Account:
Use your credentials to log in to the DED portal.
Begin the Application:
Navigate to the section for business licensing and start a new application for an electronic business.
Choose Business Activity
Select Business Activities:
Choose from the list of approved business activities that match your intended business operations. Selecting the correct activity is crucial as it will determine the type of license you need.
Confirm Legal Framework:
Ensure that your chosen business activities comply with the legal framework and regulations set by the DED.
Select Trading Name
Propose a Trading Name:
Choose a unique and appropriate trading name for your business.
Check Availability:
Verify the availability of the trading name on the DED portal to ensure it’s not already in use.
Reserve the Name:
Reserve your trading name once it’s confirmed to be available.
Pay the Required Fees
Calculate Fees:
Review the DED website’s fee structure for licensing and other related services.
Make Payment:
Use the DED portal’s available payment methods to pay the required fees. These may include licensing fees, name reservation fees, and other administrative costs.
Get Approval
Submit Application:
Once all steps are completed and fees paid, submit your application for review.
Await Approval:
The DED will review your application, business activity, and trading name. This process may take some time, so be patient.
Receive License:
Upon approval, you will receive your electronic business license, allowing you to operate your online business legally in Dubai.
Required Documents for
Electronic Trading License
To setup an electronic trading business, you must have to submit the following documents to proceed with your business activities..
- Must be around 21 years
- Resident of Dubai
- Company name lists for registration
- Passport with previous traveling records
- NOC
- License application form
- Memorandum of Association
- Tenancy contract (physical space/virtual)
Get Your
Electronic License Today
ExpressPRO offers a straightforward and cost-effective plan to establish your electronic business
in the UAE, eliminating the need for you to navigate complex regulatory processes.
Fill in your details below to receive a free, no-commitment call from one of our experts.
