Is the e-trader license available for company setup in Dubai?

To apply for a JAFZA license for a consultant business in Dubai, it is necessary to provide specific information. This includes the business activity intended for registration under the company license, the number of shareholders involved, the nationality of the shareholder(s), and the number of resident visas required under the company license. This information is essential for the licensing process and ensures compliance with local regulations.

The e-trader license can be obtained through the Department of Economic Development (DED) in Dubai. This license is designed for individuals engaging in e-commerce activities and provides a legal framework for online trading within the emirate.

An e-trader license is specifically designed for individuals to offer professional services online. Selling physical products is not permitted under this license. To engage in the sale of physical goods through a website, obtaining an e-commerce license is necessary.

Opening a bank account in Dubai as a non-resident is subject to specific requirements set by banks. Typically, a minimum deposit is required, which varies among banks and is assessed on a case-by-case basis. The bank will require the minimum amount to be reflected in the bank statement balance, and an equivalent amount must be deposited into the account after it has been opened.