Settlement information

It mainly includes the company qualifications, credit card, payment account, etc. required to register an account, and the logistics carrier arranged in advance.

▪ Your store name (this name will be displayed on the product details page)
▪ Your credit card number and expiry date
▪ Your company name as shown on your business license; or your name as shown on your ID card
▪ The registered address on your company's business license; or the address on your personal ID card
▪ Individual sellers need to provide the address where credit card bills are collected

Shop opening costs

Store opening fee: Free monthly rent for the whole year of 2019

Transaction Fees

Amazon FBA sellers also pay a fixed transaction fee for each item sold for less than AED 50.

The fee is AED 3 per item and applies to all categories.

This fee is calculated monthly and will appear on the following month's bill.

Tax ID

Under UAE law, if you are a non-UAE resident and sell goods to UAE customers through the Amazon FBA channel, you are required to register for VAT regardless of your turnover .

Site Advantages

1. SOUQ, the predecessor of Amazon Middle East , was founded in 2005 and is the largest e-commerce company in the Middle East market. SOUQ has more than 70 million page views per month and provides buyers with more than 10 million products to choose from.

2. There are many local festivals, which create multiple traffic peaks within a year and greatly increase online consumption.

3. In 2018 , White Friday created a sales record of 13 million visitors and 600,000 items sold.

References

• 1. How is Amazon Middle East Station? Amazon Middle East Station store opening process, logistics rules, platform details: Sohu [reference date 2019-07-15T16:00:00.000Z]
• 2. Practice: Amazon Middle East Station Store Opening Process Logistics Rules Platform Detailed Introduction: 100EC [Reference Date 2019-07-21T16:00:00.000Z]