Any company registered in UAE with a valid trade license can sell its products on souqfort.
In order to open a vendor account on souqfort, first start by creating a vendor account on Souqfort Vendors Hub.
Upon successfully registering, you will be redirected to the vendor’s dashboard where you can submit copies of the following registration documents, and your store will be validated in 24 to 48 hours:
- Trading License, or Commercial Registration
- VAT Certificate
- Emirates ID (both sides)
- A proof of purchase/invoice, a distribution authorization letter, or a manufacturer permit/certificate is required to sell Health & Beauty Care products
Companies that aren’t VAT registered:
In addition to the above documents, vendors whose companies aren’t VAT registered should fill-in the below declaration of VAT non-enrollment under the law of UAE, and affix it with seal and signature by the authorized signatory of the business.
Declaration of VAT non-enrollment
Withdrawal of Payments:
Payments for your sales on souqfort will be disbursed to your bank account on your convenience, once you reach a minimum withdrawal amount.
Below are your bank account details necessary for souqfort to transfer your payments; these are to be submitted in your Vendor’s Hub anytime after the creation of your vendor account.
- The Company’s Legal Bank Account Name
- Bank Account Number
- Name of Bank
- Bank’s Branch Address
- Routing Number
- IBAN
- Swift Code
Store currency will be in UAE Dirham by default.
Please Note: A cancelled check, or a bank letter that mentions the company’s legal name, the bank account number, and IBAN to be provided before the first withdrawal.
Contact us on vendors@souqfort.com for further queries.
Looking forward to help you sell your amazing products on souqfort!