Category: Freelancing

Rapid growth, fast profits – the UAE e-commerce trading licence is an entrepreneur’s dream

E-commerce – essentially the buying and selling of goods and services online – is a huge global business. In 2016, e-commerce sales totalled USD 1.86tr worldwide with revenues expected to reach USD 4.5tr by 2021. Here in the UAE, the market is just as lucrative. Research by Hootsuite and We Are Social in 2017 found that 62% of the country’s internet users now shop online – spending an average of USD 332 per purchase according to KMPG. In total, the UAE is the largest e-commerce marketplace in the Middle East and is estimated to be worth USD 10bn by 2018 (up from USD 2.5bn in 2015). Naturally any industry growing at this speed offers incredible opportunities to the entrepreneur with the skills and motivation to see success. In this article we cover everything you need to know about the much-lauded UAE e-commerce trading licence.

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Setting up as a freelancer in the UAE

For thousands of people it’s a long-held dream – throw off the shackles of your nine-to-five and become your own boss. For many, it’s more than a dream. Just last year, Forbes reported that freelancers now make up approximately 35% of the US workforce, while in the UK freelancers contributed a staggering GBP 119bn to the economy in 2016. Here in the UAE figures are harder to come by, but it’s a similar picture. Dubai’s largest freelance marketplace Nabbesh saw its membership double to 73,000 between 2013 and 2014, rising to over 90,000 by 2016. Freelancing is completely legal in the UAE as long as you hold the necessary licence. In this article we explore the steps involved to getting started.

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How to be a successful freelancer

It truly is a global phenomenon, with the numbers of freelancers in the European Union increasing by 45% in recent years, and one-in-three Americans now reportedly working as freelancers. As for us here in the UAE, Nabbesh – a Middle East online freelance marketplace – reported tremendous growth in the freelancer market in the UAE since 2013.

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Can you be employed and self-employed at the same time?

Getting your startup off the ground “on the side” allows you to test the market with your business without giving up the security of regular income – and when you look at it like that, it is no wonder over a third of freelancers launch their own businesses while still employed.

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