As the world changes, more people are going to be their own bosses and in charge of their own futures. The internet makes this aim more accessible than ever, and e-commerce is one way to accomplish this.
ARN News Centre states, “The value of the UAE e-commerce market is expected to reach $9.2 billion (AED 33.7 billion) by 2026, while the sector’s share of total retail sales in the country is projected to reach 12.6 percent by the same year.“
As the e-commerce industry is booming, Sharjah is the best place to start an e-commerce business. Relaxed business rules and foreign-friendly culture have made many ex-pats into successful entrepreneurs making Sharjah a favorite business place for investors.
Click to Get Ecommerce License in UAE Today.
It’s still hard to know exactly how to set up an eCommerce business in Sharjah that’ll make money because there are some licenses and documents required to start a business in Sharjah.
This blog will cover everything you need to begin an e-commerce business in Sharjah.
Sharjah Etimad Domestic License
Those businesses that run through social networks and are home-based receive Etimad licenses from the Sharjah Department of Economic Development (SEDD). You can register as a buyer or seller. Recruiting staff in the company is not permitted by the license. Recruiting staff in the company is not allowed by the license. Ages 18 and up are eligible for the license. Sharjah-resident UAE nationals are the only ones permitted to apply for this license.
Benefits of Etimad E-Commerce License
Cost of Etimad License
Sharjah’s e-commerce license (Etimad) costs 1200 AED and is renewed annually for 1000 AED. Rental of the license is not permitted, nor is obtaining a work permit bringing in labor. Sharjah e-commerce licenses (Etimad) must be renewed within one month of their expiration date, or a fine of 200 AED is charged for each month of delay.
ECommerce License SHAMS (Sharjah Media City)
Sharjah Media City (SHAMS) has been the most popular free zone in the UAE for innovative digital activities since it launched in 2017. In the UAE, it is the cheapest free zone to start a business. It is one of the only free zones providing an eCommerce activity available for ex-pat business owners.
In areas such as media, eCommerce, technology, and more, SHAMS has played a significant role in supporting the growth of digital businesses in the UAE.
In areas such as media, eCommerce, technology, and more, SHAMS has played a significant role in supporting the growth of digital businesses in the UAE.
Business benefits in Sharjah Media City:
The following are the benefits of doing business in SHAMS
Documents required for SHAMS Business license
1. Passport Copy
2. National ID Copy (if applicable)
3. Visa Copy
4. No objection certificate (if needed)
Cost of Sharjah Media City e-commerce license in Sharjah
Depending on your needs, the cost of a SHAMS business license in Sharjah may increase from AED 5,750 to AED 6,750. Starting a business in Sharjah can be expensive, depending on your location, business activities, visa requirements, and the number of employees.
Things to consider before starting an e-commerce business
1. Choose the right jurisdiction.
2. Choosing the right location
3. Selecting a trading name for your company
4. Get e-commerce License
5. Safe storage and delivery of goods
6. Creating an eCommerce site
7. Create a payment gateway
8. Marketing
Conclusion
Implementing the right policies, strategizing effectively, and enlisting the help of a reputable corporate service provider are vital to establishing a flourishing and booming e-commerce business in Sharjah. You can ensure your e-commerce business setup is sustainable, profitable, and mobile with the help of a professional, reliable, and trustworthy business setup consultant in Sharjah. AIG Corporate Services Provider has years of experience in business setup consultancy.
Let us know if you have any inquiries about the business setup.
