Did you know that the monthly sales of most Amazon sellers range from USD 1,000 (AED 3,673) to USD 25,000 (AED 91,825)?
According to Jungle Scout, 64% of Amazon sellers achieved profitability in their first year of selling on Amazon – and 20% of these sellers accomplished this within only the first three months! The time has never been better to start an Amazon side hustle or even full-time business. That’s why we’ve compiled this guide to get you set up, selling and taking advantage of what Amazon has to offer.
Whether you are just planning to start an e-commerce business, or you want to expand your existing online shop, this article can help you get started on becoming an authorised Amazon UAE seller.
What are the benefits of selling on Amazon UAE?
Amazon UAE is one of the most visited websites in the country, providing great opportunities for online sellers and entrepreneurs. In fact, statistics say that it ranked first among the top online stores in the UAE in 2020. With that, some of the benefits of selling on Amazon UAE include:
- Getting access to millions of online buyers
- Getting immediate trust from online buyers
- Increased visibility of your brand and/or products
- You can take advantage of multiple promotions.
- Amazon supports various payment options, including credit cards, bank transfers, e-wallets, invoices, direct debit, etc.
- You don’t need to have your own infrastructure.
- The platform has teaching centres.
In the UAE, Amazon is one of the largest and most popular online shopping platforms. Statistics show that 43.6% of shoppers in the UAE have bought something from Amazon recently, 64% spend more than AED 100 each on Amazon every time they shop online and 26% shop every week.
What are the requirements for selling on Amazon UAE?
Here are the documents and information you need to prepare to start selling on Amazon UAE:
1. Your business name and contact information
The first few things you need to have to get the rest of the requirements are your business name and contact information. The UAE has company naming criteria, so to ensure that you follow them, we recommend that you work with a company setup agent like Virtuzone. They can help you choose an appropriate business name and register it as well.
2. An e-commerce licence
Next, you need to apply for either a free zone or a mainland e-commerce licence. A free zone e-commerce licence can be more advantageous though, as it provides customs tax exemption, has no currency restrictions and is generally more affordable.
How can you get an e-commerce licence?
Getting assistance from a business setup specialist can make the process of getting a licence much faster and easier for you. Once you have registered your company name, you just have to decide whether you want a free zone or a mainland licence, complete an application form, provide valid IDs such as your passport and the business setup specialist can handle the rest for you.
3. A visa (if you’re a foreigner)
If you are a foreigner living in the UAE, you also need to have a valid residence visa to sell on Amazon UAE. You must visit an immigration centre for biometrics, and you will also need to undergo a blood test, fitness test and a chest x-ray for the UAE residence visa application.
4. A valid corporate bank account
With your licence and visa, you can already apply to open a corporate bank account. You need this to receive your sales. The UAE is home to a wide variety of banking institutions that require various documents, especially for foreign business owners, so make sure to do your research.
5. A valid billing address
You will need to provide documents that serve as your proof of address. Amazon will need this to validate your identity and determine where you are located, among other details.
6. A phone number
You need this so Amazon UAE can reach you during the registration process.
7. Your national ID
Amazon will require you to upload your national ID or a valid government ID for identity verification as well.
Do I need to pay anything to set up an Amazon seller account?
No. Signing up for a basic Amazon seller account is free of charge. You only need to pay if you want to get into Amazon Prime, a paid subscription programme that can offer you more perks and additional services.
How to open an Amazon seller account
Once you have all your requirements ready, you can start setting up your Amazon seller account. It is really quick and easy. Here’s a step-by-step guide:
1. Go to https://services.amazon.ae.
2. Click on the Sign up button.
3. Fill in your name, email and password, then submit.
4. Fill out the required business information.
5. Upload the required documents for identity verification.
And that’s it! You just have to wait until Amazon UAE has reviewed your account, and then you can start selling. The review period may take between 24 hours and a few weeks.
Do you want to apply for an e-commerce licence?
The process of gathering requirements to successfully set up an Amazon seller account could take time. If you need help in applying for an e-commerce licence, our Company Formation Specialists can help you.
Fill out the form below to book a free consultation with our team, so we can help you get started.