One of the fastest-growing business practices in the UAE is e-commerce. The Federal Decree-Law No. 46 of 2021 On Electronic Transactions and Trust Services (Electronic Transactions Law), which repealed the preceding Federal Law No. 1 of 2006 on E-Commerce and Transactions, governs electronic transactions in the United Arab Emirates.
What are the licensing requirements?
Anyone planning to engage in e-commerce activities in the UAE needs the necessary license. The steps that must be taken to receive a license may be governed by different laws in the Emirates. For instance, the DED trader license in Dubai enables companies there to engage in internet and social media business activities. This has been done to make conducting business online easier. The Abu Dhabi Department of Economic Development in Abu Dhabi enables business owners to either add to or get a new license for operating on websites and social media networks.
While profitable, running an e-commerce firm in the UAE demands adherence to all applicable rules. Websites engaging in e-commerce are required to abide by any marketing or advertising regulations set by the UAE federal or the relevant Emirates.
In addition, social media users and entities must abide by a number of restrictions, such as those governing public morals and the standards for content development. Overall, e-commerce companies should uphold the greatest standards of honesty, abide by the laws that apply to them, and make sure that they are operating inside the law.
The information provided in this article is meant to serve as a general introduction to the topic. Please seek specialized guidance regarding your unique circumstances.