Online retail has seen exponential growth over the last decade. The medium may be virtual, but the opportunities and profits are very real, with a huge potential market. The global shift from retail to e-tail is one of the defining features of business in the third decade of the 21st century.
Conducting your e-business with a UAQ Free Trade Zone commercial license brings great benefits, and this up-to-date guide will walk you through them. It covers the following areas:
A UAQFTZ-registered company engaging in e-commerce is covered by the standard UAE commercial license. The flexibility of this license allows you to combine e-trading with two other business activities, if you wish. It also ensures that you follow all the regulations associated with online commerce.
As an e-commerce license holder, you can trade in any of the business areas permitted within the UAE. In addition to selling via your company website and social media accounts, you will be able to utilise the largest digital global marketplaces, including Amazon and Noon.
Online payment arrangements are sorted, too, and you can access payment gateway custom solutions via a bespoke merchant account. Opening the account is quick and straightforward, and it will allow you to generate and send payment links, invoices and e-receipts.
Once you have built your business virtually, you might want to consider branching out into warehouse or office space in the UAQ free trade zone, taking advantage of the region's low costs and zero tax. This is the perfect place to set up and grow your company – UAQFTZ is the UAE's latest high-tech free zone, a one-stop shop for budding entrepreneurs.
Setting up a company in Umm Al Quwain is simplicity itself. It can take just one day to incorporate a company in the UAQ Free Trade Zone, and the application process involves minimal red tape.
Step 1 : Select your company name for approval and state your intended activity and required license type.
Step 2 : Submit all required documents to the UAQ Free Trade Zone Authority. This will include your application form and a colour copy of your passport.
Step 3 : Incorporation documents should be signed and submitted to the FTZA. These should be originals, not copies.
Step 4 : Submit your payment as soon as the documentation has been approved.
Step 5 : Take receipt of your e-commerce license – the process is usually rapid.
People looking for an e-commerce license for sale in UAE usually opt for UAQ Free Trade Zone's e-commerce license because of its affordability. UAQFTZ offers the cheapest e-commerce license in UAE. Licenses start from AED 8000 for a no-visa package, and AED 13,500 for a two-visa package.
Contact UAQFTZ for a personalised quote based on your specific requirements. The process is swift and simple, and you could have your company incorporated within just one day.
To apply for your e-commerce license, you will need the following;
UAQFTZ is a free zone located in the UAE, and despite its small size it matches the best of the rest in terms of high-tech and modern infrastructure. When you establish your company in UAQ Free Trade Zone, you enjoy a matchless combination of zero taxes, low living costs and excellent facilities.
The FTZ is perfectly placed, being close to Dubai International Airport and with its own seaport. You will also benefit from 100% company ownership, repatriation of all capital and profits, and no foreign exchange controls or currency restrictions.
Business setup in UAE is simple, but setting up a company in UAQ Free Trade Zone is the easiest of all. You don't need capital proof, a bank letter, an audit report or a no-objection certificate (NOC), and shareholders don't have to be physically present when creating the company and applying for a license.
Furthermore, the establishment card is free of charge, and you can keep your existing visa without having to apply for a specific Umm Al Quwain visa. Shareholders and employees alike can also sponsor their families.
E-commerce gives you global reach, while your customers enjoy flexible payment options and the simplest possible buying process. The costs of setting up and running an online business are relatively low, which reduces risk and allows you to spend time marketing your brand and products and providing a tailored online customer service.
The whole process of company incorporation in UAQ Free Trade Zone can be conducted remotely, and you will benefit from the region's astonishingly low-cost approach to business. So, when searching for an e-commerce license for sale in UAE, your first move should be to contact UAQFTZ for a personalised quote. There's a whole world of customers waiting for you.
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