The new rule is aimed at reducing the growth of digital commerce in the nation.
Initiatives for Seamless Business and Consumer Services
The UAE has introduced a series of measures aimed at enhancing business operations and improving consumer services in alignment with global digital commerce trends.
Flexible Legislative Approach for E-commerce
As part of these initiatives, a new law has been unveiled, highlighting a flexible legislative framework. The law emphasizes the pivotal role of entities and regulatory authorities responsible for overseeing and licensing e-commerce, digital payment gateways, and associated logistic services.
Simplified Regulations
Crucially, the new law refrains from imposing additional requirements on digital traders and service providers. Instead, it aims to create an environment that supports the growth and development of digital commerce without imposing undue regulatory burdens.
