E-commerce is growing all over the globe as everything goes digital. Every aspect of people’s daily life is linked with digital devices and the internet and the convenience it provides made many businesses and sectors shift online and went digital. The United Arab Emirates is one of the largest markets of e-commerce in the world.
As the digital era continues to flourish with a massive amount of customers who use e-commerce in their everyday life, the profit potential is enormous. The majority of the population is technologically active and aware and wishes to purchase and do business online. Establishing an e-commerce company in Sharjah or anywhere else in the UAE will be very much beneficial for the business.
Starting a business in Shams free zone in Sharjah has many advantages for anyone wishing to establish an e-commerce company in the UAE’s capital. Sharjah Media City, also known as the Shams free zone, is one of the favourite choices among young entrepreneurs and digital companies alike.
If you are one among the above who is interested in establishing an e-commerce company in Sharjah, here is all you need to know about the Shams free zone and how to obtain an e-commerce licence there.
Shams free zone is a world-class centre that has started to encourage business and digital activities in the area. It helps companies and entrepreneurs looking to start their adventure in the United Arab Emirates by providing easy access and a dynamic environment for e-commerce, digital, and other futuristic activities to flourish.
Companies benefit from the Shams free zone in a variety of ways, including the following:
The Shams free zone offers four different kinds of licences, for different kinds of businesses and they are; service licences, industrial licences, trade licences, and holding licences. Service licences are the most common licence provided for many businesses.
To set up an e-commerce company in Sharjah, the first thing you need is a business licence specifically for e-commerce businesses. A few things that you should keep in mind to get started are given below.
In free zones, businesses are not permitted to sell their goods directly to consumers. Companies can enter into agreements with suppliers before putting them on their platforms. The establishment must have a clear understanding of what it will be offering to the customers.
The e-commerce companies sell their goods directly to customers, without the intervention of a middleman. If you need storage, the business must get a required warehouse licence.
Dealers and producers have to be registered with the local government. E-commerce companies need not be liable for the product registrations required by customs and import regulations. If you want to purchase the goods yourself, you must have the necessary supplier registrations in place and pay all relevant customs duties.
If you fulfil all the criteria mentioned above, you will be able to get an e-commerce licence in Sharjah. If you need any kind of assistance to set up an e-commerce company in the Shams free zone, contact Bizvise. Bizvise is a team of committed professionals who has first-hand experience in everything regarding business set-up in UAE.