Special
Free
Start Your
Let's Talk
Free Consultation
The ecommerce market of the UAE has gained prominence with time. The recent market figures suggest the same. Dubai Chamber of Commerce suggests at the increasing market share of the e-commerce business that can rise to USD 9.2 billion by 2026.
With the COVID-19 pandemic and governmental restrictions, the demand for online shopping soared, thus leading to steady inflows of capital into the sector. All contributed to the UAE’s swift shift to digital payments and e-commerce, according to the research.
The information above, together with the favorable business climate in the UAE that fosters SMEs and start-ups, provides you with every justification for launching an e-commerce enterprise in Dubai, UAE, particularly on noon.com, one of the country’s most popular e-commerce platforms.
To become a Noon seller in UAE, though, you must meet a certain qualification. Continue reading to learn more about them.
About Noon.com – An Overview
Noon was launched in 2016–2017. Today, Noon is a premier online shopping destination and local e-commerce platform. With time, noon.com progressed into an ecosystem of services intended to empower and inspire a new generation of diverse, digitally advanced consumers and companies. The main office of Noon E-Commerce is in Dubai, United Arab Emirates.
At present, Noon.com has clients in all over Egypt, the UAE, and Saudi Arabia providing outstanding value in several categories along with top-notch customer support.
Noon offers the widest selection of products and the greatest number of online retailers. The platform is appropriate for merchants who want to offer brand-new, reconditioned, or used goods while maintaining total visibility and control over their business operations.
To give businesses flexibility, the platform offers two different selling modes: B2B and Noon FBN, or fulfilled by noon.
However, you might be wondering why precisely you should begin selling on Noon and what advantages the platform can provide for your company. Continue reading to learn more about Company formation in Dubai so that one can do e-commerce business on the Noon platform.
How to Sell on Noon in UAE
Two primary requirements must be met to be a seller on noon: having a current trading license and having a firm registered in Egypt, the KSA, or the UAE.
Becoming a Noon seller is a rather easy process. Before creating a seller account on the “Sellers Lab,” you must first create a noon customer account.
The “Sellers Lab” area of Noon helps sellers effectively manage their products, optimize their listings for maximum visibility, and handle orders. In addition to offering helpful market analysis and courses, the Seller Lab acts as a forum for sellers to network and exchange experiences.
If you currently hold a trade license, you can open an account as a noon seller straight away by providing the necessary paperwork and paying the noon seller fees. There are a few easy processes involved in getting an Ecommerce license in Dubai. Working with a business setup organization with great experience, such as A&A Associate, will make this procedure even smoother and minimize delays, even though business establishment in Dubai, UAE, is rather simple.
Required Documents for Noon Registration
In order to become a noon seller, you must upload the following files:
- Commercial registration
- Passport or identity document (both sides)
- Non-resident visa for residency
- VAT certificate (sale for non-VAT registered sellers is also open at noon)
- Bank information on the form of a tax card (only for Egyptian sellers)
- A cancelled check
- Bank statements
- A letter on the bank’s letterhead
You will have to wait one week after submitting the aforementioned documents for the noon staff to review and confirm the data you provided. Additionally, in order to become familiar with the functions of the website, you must attend the required training courses.
How Can Payments Be Received?
To get paid for your sales and purchases, you must submit the following documentation on official business letterhead that has been signed and stamped:
- The company’s legal name;
- Bank account number;
- IBAN;
- Swift code;
- Bank branch;
- Store currency (once selected, it cannot be changed later).
- Alternatively. cancelled Cheque: If the cancelled check does not have an IBAN or account number, a separate bank form needs to be provided, signed, and stamped.
A&A Associate‘s value-added support services can assist you with opening a corporate bank account in UAE.
Seller fees on the Noon Platform
Sellers must pay Noon fees to use their platform. The costs change according to the category and kind of product. It is crucial that you go over and comprehend the fee schedule before you begin selling at noon.
Also Read
Selecting a Selling Model
You can select between the two alternatives that Noon offers for order fulfillment, as long as you maintain separate inventories for each. These choices are:
- Serviced by noon (FBN), sometimes referred to as noon Express
You can keep your products at noon’s fulfillment centers using this model. In this approach, we will handle customer returns and inquiries, handle inventory management, and dispatch orders straight to clients on your behalf.
- Fulfilled by Associate (FBP)
You may store your inventory where you are with this model. You get an order, get the item ready for shipping, and give it to noon’s logistics.
How can A&A Associate assist you in becoming a noon seller in UAE?
A&A Associate serves as a one-stop destination for entrepreneurs and start-ups in the Emirates, providing fast, easy, and affordable business setup services.
Establish your venture in one of the Dubai-free zones to take advantage of fantastic benefits like zero paid-up capital and 100 percent foreign ownership. In about forty-five minutes, register your business as a lunchtime seller and obtain your Business License in UAE.
Select from more than 1,500 business operations for your online trading activity as a noon seller, integrate e-commerce with your other business endeavors, and increase your chances of success.
Do you want to use Online Business ideas in Dubai to clear the path to success? Discover the keys to success in this global corporate playground where opportunity and innovation meet. Examine your options for setting up a business in Dubai right now!
