The questions we’re actually asked, including the ones firms prefer not to answer.
Technical questions are answered in depth on the pages that own them, and linked here rather than repeated. What follows is mostly the other kind — how the firm works, what it charges for, what it doesn’t do, and what happens when the answer isn’t the one you wanted.
How the firm actually operates.
How do you charge?
Per engagement, quoted after we understand the structure — not from a price list. The reason there’s no headline figure anywhere on this site is that the same licence type carries genuinely different costs depending on visa count, office footprint and activity, so a number quoted before that conversation is either a lowball or a guess.
What you get instead is a written proposal covering first-year and ongoing cost, with the usual extras — attestation, medicals, Emirates ID, PRO fees — named upfront rather than surfacing invoice by invoice. What actually drives the cost sets out the five decisions involved.
Who actually handles my file?
A named advisor, and the same one throughout. You can see who they are — the firm is six people, not a call centre in front of a processing team.
It also means the person who structured the company still holds the file when the first corporate tax return is due, and already has the documents the bank asks for. Nothing gets explained twice.
What happens if you think we shouldn’t proceed?
We say so, at the start, when it’s still an inconvenience rather than a cost. Sometimes that means telling a client the structure they came in asking for is the wrong one; sometimes it means we’re not the right firm for a particular piece of work.
The cheapest moment to hear that a plan doesn’t work is before it’s filed.
Are you a registered tax agent?
No — and it’s worth being precise about this, because the terms get used loosely. Oznet Accounting and Taxation is licensed by Dubai DET as a Tax Consultant, and files on clients’ behalf in that capacity. It does not hold FTA Registered Tax Agent status.
Where a matter genuinely requires a registered tax agent, we say so and work alongside one rather than blurring the distinction.
Do you hold any accounting body membership or ISO certification?
No. The firm holds no ACCA, CPA, ICAI or CA membership and no ISO certification, and doesn’t claim any. What it does hold is a Dubai licence for each regulated activity it carries out, a documented anti-money-laundering framework, and independently audited accounts — and it will show any of them to a client who asks.
Do you build websites?
No. It has appeared on an older proposal template, but it isn’t part of the service architecture and shouldn’t be treated as something the firm delivers.
Do you work with clients based outside the UAE?
Routinely — much of the client book is foreign-owned companies establishing here for the first time, and most of the process can be handled remotely. Some steps require the applicant in person: medicals, Emirates ID biometrics, and most banks’ account-opening meeting.
We tell you at the outset which steps need you in the country, so a trip can be planned around them rather than repeated.
Structure, jurisdiction and ownership.
Each of these has a page that answers it properly. Short version here, full reasoning there.
Can a foreigner own 100% of a UAE company?
On the mainland, yes for most commercial and industrial activities — the requirement for a local majority shareholder was largely removed in 2021. A great deal of advice still circulating in this market predates that change, and some firms still sell against it.
Free zone entities have always allowed full foreign ownership. See mainland vs free zone.
Should I set up on the mainland or in a free zone?
It turns mainly on who you intend to invoice. A free zone company is licensed to operate within its zone and internationally, not to trade directly with the onshore UAE market without a separate arrangement — so if mainland clients are central to the plan, that changes the structure rather than just the cost.
The full comparison works through ownership, tax, banking, visas and premises.
Which free zone should we choose?
Not the cheapest one, which is the usual first filter and the wrong one. It’s set by your actual licensed activity, how many visas you’ll need, whether you need mainland access, and how a given zone reads to the bank you want to open with.
There are more than forty. How to choose one is a framework rather than a directory.
How long does formation take?
It depends on the activity and the authority — some activities need external approvals that sit on the critical path, and those aren’t within any adviser’s control. Our signed proposals quote indicative stage timings, and we report against them rather than promising a single headline number.
Where a lease has already started running, tell us at the outset — it changes the sequencing.
What the regime actually requires.
Are free zone companies exempt from corporate tax?
No. They sit inside the regime like everyone else, with the possibility of a 0% rate on qualifying income — which is a status assessed every tax period against income type, substance and documentation, not an exemption granted at licensing.
This is the single most expensive misunderstanding we’re asked to correct. Qualifying Free Zone Person sets out the conditions and the 5% de minimis limit.
When is our corporate tax return due?
Nine months after the end of your tax period, with payment on the same date. It moves with your own financial year-end, so there’s no single sitewide deadline.
Registration deadlines and filing deadlines are separate and penalised independently — businesses that registered on time still get penalised for filing late. The compliance calendar tracks both.
Do we need an audit?
Two separate triggers, routinely conflated. Under corporate tax: if revenue exceeds AED 50 million, or if the entity is a Qualifying Free Zone Person regardless of revenue. Separately, many free zones require audited financials at licence renewal irrespective of either.
Do you need an audit? covers both, plus the cash-basis threshold that gets mistaken for an exemption.
When does e-invoicing apply to us?
By revenue band. Above AED 50 million it’s mandatory from 1 January 2027; everyone else follows from 1 July 2027, with a voluntary window opening 30 October 2026.
The sensible approach is to test the accredited-provider integration during the voluntary window rather than attempt it for the first time on a deadline.
The government-counter work.
What does a PRO actually do, and do we need one?
A PRO — Government Relations Officer — is the person who completes work at the government counters: medicals and biometrics, visa issue, renewal and cancellation, re-entry permits, immigration cards, labour contracts, WPS matters and licence renewals.
You don’t have to employ one. Most of our clients use ours rather than hiring for a function they’d use intermittently.
How many visas can we get?
It’s tied to office footprint rather than to the licence alone. A shared flexi-desk supports a small allocation; beyond that most zones require a leased office, which is a different cost tier rather than a bigger version of the same one.
If headcount is going to grow, say so before the zone is chosen — it’s one of the few decisions that’s genuinely expensive to reverse.
What is attestation, and when do we need it?
Legalising a document issued outside the UAE so it’s accepted here — typically degree certificates, marriage certificates and corporate documents of a foreign parent. It runs through the issuing country’s authorities and then the UAE mission, and it’s slow.
It’s a common cause of delay because it’s usually discovered late. We flag which documents will need it at the start.
Who qualifies for a Golden Visa?
There are several routes — property investment, public investment, entrepreneurs and specialised talent — each with its own threshold and evidence requirements. There’s also a separate, shorter property investor visa for people below the Golden Visa threshold, which is frequently confused with it.
Not sure where to start? Forty minutes, no cost, no licence quoted.
Your activity, your customers, your visas — and a written view of the structure that fits, with the case against it. The person you speak to is the person who keeps your file.
The ones worth asking any firm you’re considering.
Can you guarantee we’ll get a bank account?
No, and nobody can. Bank risk appetite and regulatory permissibility are different tests, and a structure that is entirely legal can still be declined. What we can do is prepare the application properly — compliance narrative, source-of-funds documentation, an activity description a bank recognises — and choose the bank before the licence rather than after.
Any firm guaranteeing an account is guaranteeing a decision that isn’t theirs to make. Bank account opening explains the approach.
What if a bank rejects us?
We find out why, which is often not what the rejection letter says, and address it — sometimes by re-presenting to the same bank, sometimes by approaching one with a different appetite for the zone or activity, occasionally by changing something structural.
Rejections are usually recoverable. What makes them hard is discovering the cause months later.
Do you do the work yourselves or outsource it?
The formation, accounting, tax and PRO work is done by the group — each activity sits with the entity licensed to carry it out. Where something genuinely requires an independent party, it should be independent: the statutory audit is performed by an external licensed auditor, not by us, and enforcement action on a trademark goes to counsel.
Why is there no price list on this website?
Because publishing one would mean competing on the smallest number in the exercise, and it’s the number least connected to whether the structure works. Firms that lead with a licence fee tend to be quiet about visa allocation, banking friction and what year two costs.
We’d rather have the conversation and put the whole figure in writing.
What do you not do?
We aren’t lawyers and don’t provide legal representation. We don’t provide regulated investment advice or deal in securities — the capital and funding work is advisory and introductory only. We don’t perform our own clients’ statutory audits. And we aren’t a registered tax agent.
Where a matter needs one of those, we say so and work alongside whoever holds it.
Two practices, twelve services — and the same advisor across all of them.
Corporate advisory & formation
- Structure & jurisdiction advisory Mainland, free zone or offshore — decided first
- Company formation Mainland and free zone, executed against the agreed structure
- Bank account opening The file a bank actually approves
- Residency & Golden Visa Investor, employment, family
- Capital, funding & joint ventures Readiness first, introductions second
- Trademark & IP A licence is not a trademark
Accounting & taxation
- Bookkeeping & management accounts Odoo, Zoho Books, QuickBooks
- UAE corporate tax Registration, returns, the qualifying position
- VAT & e-invoicing Returns, and readiness for the phased mandate
- Audit support The file prepared as a review, not a reconstruction
- Payroll & WPS Salary processing that satisfies the Wage Protection System
- Compliance calendar Every dated deadline, one page, one PDF
Ask us the one that isn’t here.
Forty minutes with an advisor, on your actual situation rather than the general case.
Prefer to talk now? WhatsApp +971 50 175 2489 · inquiries@oznetcorp.com
Last reviewed September 2026 by the Oznet Corp advisory team.