Last updated: November 27, 2024 at 04:17 PM
Summary of Reddit Comments on E-Commerce in GCC
Selling Items on Multiple Stores
- One license can work, as long as you have the relevant activities on your license or if it's a General Trading license.
- "You can sell your items on multiple stores without a new trade license."
Handling Employees and Finances
- It is advisable to have employees or companies act individually to avoid complicating finances and tax filings when grouped together.
- "I do not believe so, it is best to have employees or companies to act individually, keep in mind all your finances and tax filings would be grouped together."
Importing Goods
- It is possible to import goods, and using a logistics provider is recommended for those just starting out.
- "You can import goods, however, I would use a logistics provider if you are just getting started."
Branding and Trademarks
- Brand name can differ from the registered business name, but protecting the brand name requires registering the trademark rights with the Ministry of Economy.
- Cost for trademark registration is between 7.5K to 12K AED approximately, and it is valid for 10 years.
- "The only way you can protect your brand name is to register the trademark rights for it with the Ministry of Economy."
Additional Considerations
- Registering in Customs and the choice between freezone or mainland are key factors to consider.
- The process involving Customs and the distinction between freezone and mainland importation are crucial points to understand.
- "Yes, but there are other factors to consider. Especially registration in Customs, and whether you're in a freezone or mainland."
Payment Methods
- Payment can be made through bank transfers or payment gateways like Stripe or Tap Company.
- "Yes, either bank transfers or via payment gateways like Stripe or Tap Company."
Further Assistance
- Professional assistance can be sought for more questions or clarifications on the e-commerce process in the GCC region.
- "Let me know if you have more questions and need professional assistance."