The cost of starting a business in a Dubai free zone can vary depending on factors such as the type of business activity, the size of the company, and the chosen free zone. Initial setup fees typically include registration costs, licensing fees, and documentation expenses, which can range from a few thousand to several tens of thousands of dollars. Additionally, businesses must budget for office space within the free zone premises, visa processing fees for employees, and annual renewal fees for company registration and licenses.
In terms of the cheapest free zone in the UAE, options like Ajman Free Zone, RAK Free Trade Zone (RAK FTZ), and Umm Al Quwain Free Trade Zone (UAQ FTZ) are known for their competitive pricing and cost-effective setup solutions. Ajman Free Zone, in particular, offers businesses a budget-friendly option with simplified procedures and competitive pricing. However, the choice of the "cheapest" free zone ultimately depends on factors such as business requirements, location preferences, and available amenities. It's advisable for entrepreneurs to thoroughly research and compare different free zones to find the best fit for their budget and business needs. Consulting with a business advisor or professional familiar with the UAE business landscape can also provide valuable guidance and assistance throughout the setup process.