These days many people want to be in business, knowing that one gets rich faster being an entrepreneur than being a regular employee. Starting and managing a business is quite challenging particularly in the first five (5) years, but it promises an exponential growth, compared to being an employee that gives one fixed income, with the hourly rate multiplied by the number of hours rendered for a particular service. To do business in the United Arab Emirates (UAE), one must get a trade license. It is very, very important. We see many products and/or services posted on social media, and behind them are people taking the risks of doing so without any trade license not realizing that if caught they would be fined with a big amount of money, much, much more than what profits they have generated from their sales, aside from other sanctions. According to Khaleej Times , "UAE residents risk a fine of up to AED500K for selling items on social media without a license , including ...