E-Trade License for Home-Based Businesses & Dual License Services
E-Trade License for Home-Based Businesses & Dual License Services
HBSS provides expert guidance in obtaining E-Trade Licenses for home-based businesses and Dual Licenses for companies looking to expand their operations. Whether you are an entrepreneur working from home or a business seeking a dual license for greater flexibility, we ensure a smooth and compliant process
E-Trade License for Home-Based Business
This license works for an entrepreneur running an actual business from home, primarily in online activity, freelancing, and professional services
E-Trade License for Home-Based Business
A business can operate both on the Mainland and in Free Zones under the same entity by a Dual License. This is very important for companies that would like to expand their reach without opening a separate registration for another office.
Benefits of the E-Trade License include the following:
- Legally operate an online business from home.
- Low-cost setup with minimal overhead.
- No need for physical office space.
- Enables entrepreneurs to promote services through social media.
- Suitable for freelancers, consultants, and e-commerce businesses.
Who Needs an E-Trade License?
- Freelancers offering online services.
- Social media influencers and content creators.
- Home-based e-commerce businesses.
- Consultants and professional service providers.
Dual License
A business can operate both on the Mainland and in Free Zones under the same entity by a Dual License. This is very important for companies that would like to expand their reach without opening a separate registration for another office.
Benefits of a Dual License:
- Expand operations in both Mainland and Free Zones.
- Avoid setting up multiple business entities.
- Access to a wider range of clients and contracts.
- Streamlined administrative and regulatory processes
Who Needs a Dual License?
- Businesses in Free Zones looking to operate in the Mainland.
- Companies that need access to government and private sector contracts.
- Entrepreneurs seeking flexibility in business operations.
Types of Business Structures Supported
Sole Proprietorship
The only business that is owned and operated by one natural person is called a sole proprietorship. It works best for independent professionals, consultants, and small business owners who like having all the reins around their operations.
Key Features:
- Ownership by one individual with all powers for decisions.
- Lacks a separate legal person apart from the owner.
- The owner assumes liability for debts and obligations.
- Simple and inexpensive registration.
Who Needs a Sole Proprietorship?
- Freelancers who offer professional services.
- Independent consultants.
- Small-scale entrepreneurs.
Limited Liability Company
An LLC is rather the most popular type of business structure in the UAE. By establishing an LLC, one creates a balance between the security and control of one's business. This type of structure offers liability protection and operational flexibility for all businesses.
Key Features:
- Separate legal entity from its owners.
- Liability of shareholders is limited to their investment.
- May be formed by individuals or corporate entities.
- Allows multiple business activities under one license
Who Needs an LLC?
- Entrepreneurs want to safeguard his or her personal assets.
- Small- and medium-sized enterprise (SME).
- Commercial activities Businesses.
Partnership Business
A partnership business is the term when two or more individuals jointly commence business with the same legal authority. This form makes them equally liable and shares profits among them.
Key Features:
- Joint ownership and management by two or more individuals.
- Profit and liability are shared based on the agreement.
- Suitable for businesses requiring shared expertise and investment.
Who Needs a Partnership Business?
- Freelancers who offer professional services.
- Independent consultants.
- Small-scale entrepreneurs.
Civil Company
A Civil Company is a business structure designed for professionals offering specialized services as in doctors, lawyers, engineers, and consultants.
Key Features:
- Owned by professionals in the same field.
- Requires a Local Service Agent for foreign investors.
- Ideal for non-commercial and non-industrial activities.
Who Needs a Civil Company?
- Medical professionals (doctors, dentists, etc.).
- Legal consultants and law firms.
- Engineering consultancies and architects.
Local Service Agent (LSA) Company
An LSA Company is required for foreign investors who want to establish a business in the UAE Mainland without needing a local partner.
Key Features:
- 100% ownership remains with the foreign investor.
- A UAE national acts as a local service agent without ownership.
- Required for specific professional and service-oriented businesses.
Who Needs an LSA Company?
- Foreign entrepreneurs setting up a professional business.
- Investors want full control of their operations.
- Service-based businesses requiring a UAE presence.
Private Joint Stock Company (PJSC)
A public joint-stock company is a company that is structured to allow for the raising of capital through composite offers, either private or public.
Key Features:
- Minimum of three founding shareholders.
- Capital divided into shares of equal value.
- Subject to regulations from the Securities and Commodities Authority (SCA).
Who Needs a PJSC?
- Large corporations seeking investment.
- Companies planning to go public.
- Businesses looking for extensive expansion.
Let the ease flow into the complete process of setting up your business with HBSS. We guide you through every step, ensuring smooth and hassle-free company formation tailored to your needs. Call us today to get started!