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Opening A Corporate Bank Account
When you have applied for an e-commerce trade license and start your business, you will be capable of setting up your corporate bank account. All the companies require a bank account, so you will require to open it.
Advantages OfE-commerce Business In Dubai
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1.There are no taxes and fees (Except for VAT of 5 %) 2.The possibility of 100% ownership of an oversea company in one of the free zones 3.There are no restrictions on the withdrawal of capital and no currency restrictions 4.Determining expenses are lower than in other jurisdiction. 5.No import and export duties with e-commerce license 6.The possibility of getting a resident visa of the United Arab Emirates (UAE) for three years with the possibility of renewal.
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