General Trading License In Dubai
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About General Trading License In Dubai

Dubai has set its sights on being the leading E commerce centre. And has thus brought forth many new systems and concepts to increase economic activity. One such revolutionary system is the E-trader's license in Dubai, which has allowed both private individuals and companies to engage in the business of trading. This system is considered one of the most successful in the world. Dubai has set the bar high with its planned strategies to improve the performance of the city's E-commerce sector. The general trading license (GTC) was first introduced in Dubai in 1985. It basically allows any individual or company to engage in international trade by buying and selling commodities, services, products and stock in Dubai. The GTC is free from all trade barriers such as duties and taxes. However, the GTC does not provide any kind of legal protection to the individual traders and companies.

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