What is social media license/E-trader license?
Social networking and Online promotion are leading digital services extensively popular in today's world. Have you ever thought is it legal to sell products/services online in Dubai? Dubai has become one of the best e-commerce hubs in the world and set initiatives to bring many home entrepreneurs into different social media platforms. E-trader license was launched in 2017 by the Department of Economic Development to bolster customers' trust in shopping online and cut down the fake products being sold online.
E trader license is mandatory for individuals who are working with home-based business in Dubai, its an all-in- platform for single owner based business to promote and sell their services in different social media platforms like Facebook, Linkedin, Instagram or websites legally. You can also do promotions on different online market-places. They don't need a physical office space for e- business setup in Dubai and don't require local-based partners or freelancers. Those who have 21 years of age are eligible to apply for an E trader license in Dubai and the candidate can be a UAE, GCC nationals, and ex-pats of certain other nationalities. Another advantage is those who have this trader license can participate in exhibitions and conferences legally and promote their services to reach out the potential customers. You can attend different workshops and training provided by the Department of Economic Development. You should take approvals from concerned authorities to start your home-based business and you are not allowed to open a physical business setup company in Dubai or issue a visa to employees.
Types of licensing options for social media Influencers
- Individual License for commercial selling of products and services
- Partnership License from NMC, a special e-media license on behalf of the company
- Official Influencer agency certified by NMC.
Although, it is the perfect plan for home-based single owners and freelancers, there are certain conditions strictly followed to trade online. With the social media license, UAE and GCC entrepreneurs can do commercial and professional activities on social media networks, For other ex-pats, they can do commercial activity depends on their nationality. On other hand, non GCC doesn't have the right to sell products, but they can professional activities. They can do event management and photography service also. company formation in Dubai begins with when you are all set with a business license , activities to apply with the Department of economic development.
Applying for a social media license in Dubai?
National Media Council, which is in charge of social media license for home-based business and influences in UAE. If you are an independent representative, an agency, you can apply for a social media license for ad promotion, news sharing, etc. Social mediatrade license renewal Dubaimust be done yearly and the illegal operating fines are approximately is AED 5,000. The total cost of social media licensing is AED 15,000. Trade license and Emirates Id copy and registered tenancy contract are required for National Media Council License in Dubai.
More than 90% of the world uses social media platforms for various kinds of activities. So, it would a great idea to begin your dream business in E-commerce platforms.UAE has a constant watch telecom authority to locate illegal websites and social media for customer protection. So, keep your social media license to effectively contribute your work to protect customer interests.