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The eTrader licence from Dubai Economy (DED) allows UAE nationals and GCC nationals residing in Dubai to practise business activities through various social media networks. The eTrader licence can be registered under the name of a single owner only.
Quick Answer, what is the DED in UAE? Dubai Economy (Department of Economic Development – Government of Dubai) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE.
Furthermore, how much does DED license cost? DED trader license: It is a sole establishment license that can be obtained by Dubai home-based businesses issued with the trade name. It can be applied through “Invest in Dubai” platform with a fee of AED 1070 (license fees and knowledge and innovation fees) + AED 300 (Dubai Chamber membership fees).
Also know, what is DED approval? Issuing an initial approval is one of the dynamic e-services offered by DED to its users and is a pre-requisite for having a license issued. Only one Initial approval request is allowed to be processing at one time.
Frequent question, how do I get a DED license? The DED Trader license is issued electronically wherever you are by visiting dedtrader.ae and following simple steps; create username and password; enter address details, and social media accounts for the project/business; select the activity and trade name and finally pay and receive the license electronically.On Business Dashboard page, under My Transactions, click Pay Inspection Fines. In the View Fines section, type the license number in the text box, and then click View.
What is a ded company?
The Department of Economic Development (DED) is the responsible government entity for issuing all licenses for corporate entities or individuals who desire to carry out business in the mainland of Dubai outside the free zones. A DED licensed enterprise is often known as a “local company”.
What is Dubai market fee?
For the commercial and business sector, Dubai Government has introduced nine initiatives over the next three months including a freeze on the 2.5 per cent market fees levied on all facilities operating in Dubai. The fees were reduced from 5 per cent to 2.5 per cent in June 2018.
What is the cheapest Freezone in UAE?
Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.
Can I invest in Dubai?
Why invest in Dubai? The city offers higher rental yields than many other mature real estate markets. On average, investors can achieve gross rental yields of between 5-9%. Property prices per square foot are lower than many other cities globally, making Dubai an affordable location to own prime real estate.
How do I get a DED voucher?
- Log into your account.
- Select Renew License or Renew Trade License.
- Generate the payment voucher.
How do I pay my DED license online?
Log in via the platform’s website: https://invest.dubai.ae. Select renew a license. Enter the license number or trade name. Enter email address.
How much does an instant license cost in Dubai?
The cost of the Instant License in Dubai is just AED 3,000. This includes the cost of trade name registration. If you are new to the UAE, you will also need to factor in the cost of your visa application and those of any dependants.
How can I start business in Dubai?
- Determine the type of legal entity.
- Choose a trade name.
- Apply for a business licence.
- Choose an office space.
- Get pre-approvals, register your business and get your licence.
How can I check my company status in UAE?
- If you are dealing with a local UAE company, you can check on the DED website of the relevant emirates.
- If the only information you have is the name, then you can visit the National Economic Register website and check if the company exists or not.
How can I get e trader license in Dubai?
- Apply for the licence in Dubai on the DED Trader website.
- Create a DED Trader account, register and make the payment.
- Provide information about your social media accounts when registering for the licence.
- Wait for the confirmation.
How do I complain to DED?
- Abu Dhabi.
- Dubai.
- Sharjah.
- Ajman.
- Umm Al Quwain.
- Ras Al Khaimah.
