Starting a business in Abu Dhabi can be a challenging task, as it demands investors deal with a lot of stringent legal obstacles in the process. If you are an entrepreneur and want to start your own business, an online business in Abu Dhabi can be a great idea as it is less hectic and has high potential.
Why Online Business?
With the advancements in technology, especially after the pandemic, people prefer purchasing everything through their phones and laptops from online stores. The reason is that they find it much easier, faster, and hassle-free compared to buying from physical stores.
Abu Dhabi is an ideal location for investment in online business due to its resources, strategic location, and potential for growth. You can also start online business in Abu Dhabi and avail all the advantages and facilities offered to investors by authorities.
This article will provide you with a complete guide on how to start an online business, what kind of business you can launch, and information related to e commerce. Give it a read for better understanding.
Top 3 Most Successful Online Businesses in Abu Dhabi
There are several options available in online business; however, the following businesses fall in the category of the most Successful Businesses.
Freelancing
You can start freelancing if you have some skills that are in demand and can pay you a good amount. If you don’t have any skills, you can learn through different platforms. After learning, you can sell your services on freelancing platforms such as Fiverr, Upwork and Guru.com.
The services that you can sell to buyers on online platforms include
- Graphic Designing
- Article writing
- Transcription
- Programming
- Proofreading
- Search Engine Optimization (SEO)
Freelancing can be challenging for beginners as there is high competition, and it takes time to get a buyer. However, once you get a client or buyer, you can easily earn without investing any penny, unlike in other businesses.
Affiliate Marketing
Another business with high profitability and considerable profit margin, requiring no initial investment, is Affiliate Marketing. In affiliate marketing, any skilled individual or salesperson can sell goods for others without purchasing them by using online stores or websites.
These products can range from household goods to stationery and beauty products. By marketing and promoting these products on behalf of the seller, you can easily attract customers and earn high commissions.
The most common platforms for affiliate marketing are Instagram, Facebook, TikTok, YouTube, and blogging. You can choose any platform on the basis of the product you want to sell and the target audience.
E-commerce
E commerce is one of the most appealing and ideal business categories for entrepreneurs in Abu Dhabi. In e commerce, you can sell your products or services on an online platform or website to clients. E commerce plays a significant role in making life convenient for both customers and businessmen.
The most commonly used services are given below; however, you can choose any service on the internet
- Startup facilitation services
- Food delivery services
- Home maintenance services
- Travel and accommodation service
- Consultancy services
- Health care services
- Pet care services
- Education services
In UAE, there is a high demand for these services, and people are willing to get these services for convenience and a quality lifestyle.
Requirements To Start E commerce Business
The e commerce business is growing rapidly in UAE and has some requirements and conditions. To start online business in Abu Dhabi, it is mandatory to have an e commerce license in Abu Dhabi along with other documents.
How To Get E commerce License Abu Dhabi?
Here is a step-by-step guide on how to apply for an e commerce license in Abu Dhabi.
- The first step is to choose a legal structure for your company. It can be a partnership with some already existing companies, and the second option is sole proprietorship.
- The second step is to decide the location of the company. It is an important step as rules, regulations, tax, and many other factors are associated with the location you choose. It can be in a free zone or the mainland.
- The next step is to decide on the name of the company or domain for selling products online. A catchy and unique name can attract customers’ attention, eventually resulting in the successful growth of the business.
- The fourth step is to contact the authorities of the free zone or the Abu Dhabi Department of Economic Development (ADDED) for a license to operate legally in Abu Dhabi.
- After that, you should apply for initial approval to proceed with your business. The duration of the initial approval certificate is six months.
- After completion of all the paperwork and application submission, within six working days, you will receive your e commerce license. After that, you can officially start online business in Abu Dhabi.
Advantages of E commerce License Abu Dhabi
Getting an e commerce license in Abu Dhabi has several advantages, as it is the capital of UAE and connects East and West.
- The strategic location of Abu Dhabi contributes to the growth of business as many countries have access to it.
- The advanced transportation system of Abu Dhabi also plays a major role in the supply of products.
- The diversity in the population and their spending ways help in smooth growth.
- It is easy to start e commerce business in Abu Dhabi as it has low establishment charges as compared to other emirates.
- The government facilitates and supports e commerce business in Abu Dhabi and offers the cheapest e commerce license in UAE.
Documents Required to Apply for e commerce License
- Copies of passport
- Passport sized photographs
- Copies of passports of shareholders
- Business Plan and other documents depending on your business activities
Cost of Starting an Online Business
The cost of starting any online business varies and depends on a number of different factors, including
- License fee
- Products you want to sell
- Registration fee
- Additional Government fee
- Location of the company
Conclusion
We hope you now have a clear understanding of online businesses in Abu Dhabi and what their requirements are. For an entrepreneur, starting an online business with a strategic approach can be more promising as compared to other businesses. Especially e commerce business in Abu Dhabi is a smart move as its ideal conditions and the support of the government ensure success.
Moreover, the requirements are flexible and the complete process is quick, easy, and less costly and attracts businessmen from worldwide.
