E-Trading Business Activities in Dubai Mainland
The Dubai Department of Economic Development (DED) has recently introduced several E-Trading activities evidencing Dubai’s efforts to establish itself as an E-Commerce hub. Traders will have the opportunity to obtain a license for their online trading platform. This new E-Commerce initiative has sparked some questions about whether or not an E-Trading license is necessary, and if so, what an E-Trading license can allow you to do. Is an E-Trading license necessary? When activities are conducted via an online platform, it generates a lot of confusion in terms of whether or not these activities constitute conducting commercial activities within the UAE, given that they are online. Article 6 of Law no. 13 of 2011 regulates the conduct of economic activity within the Emirate of Dubai and Article 328 of the Commercial Companies Law of 2015 (“CCL”) states that a foreign the company should not conduct activities inside the UAE without obtaining a license. Article 355