SRTIPFree Zone
Sharjah Research Technology and Innovation Park (SRTIP) Free Zone
Prices starting fromAED 5,500
The SRTIP Free Zone is located in University City, Sharjah. It primarily caters to entrepreneurs and investors interested in research and development, mainly in the technology, healthcare, and sustainability sectors.
Conducting business activities in SRTIP grants business owners access to state-of-the-art infrastructure, including laboratories, modern meeting spaces, R&D facilities, and the opportunity to meet and collaborate with academics, government workers, and innovators.
Advantages of Business Setup in SRTIP
Access to a community of innovators
100% foreign ownership
Large number of permitted activities
No minimum share capital requirement for special purpose companies
Minimal taxes
Access to laboratories and funding opportunities
Dual licensing options
No minimum share capital requirement
Special incentives for women entrepreneurs
State-of-the-art infrastructure
Economical business setup costs
100% repatriation of profits and capital
Versatile office spaces
5 business activities under 1 trade license
Other UAE Free Zones
The Amenities at SRTIP Free Zone
There are a lot of facilities available for business owners interested in conducting business activities in SRTIP:
- Co-working space (5 visas per desk, site parking, utilities included)
- SME office (10 visas per office, furnished workspace, modern meeting rooms)
- Ecosystem office (15+ visas per office, fully furnished, private working area)
- Innovation office (Unlimited visa quota, Shell and core fit out, customizable workspace)
- Innovation plot (Unlimited visa quota, competitive leasing rates, prime plot location)
- Hi-tech office (3 visas per desk, designated desk, co-working space)
- Hi-tech office for women entrepreneurs (Fast-tracked business setup, exclusive areas, business support services)
- Sharjah Open Innovation Lab (wood shop, metal shop, laser studios)
Business Structure Options
Sharjah Research Technology and Innovation Park allows the following legal structures for entrepreneurs and investors:
- FZC (Free Zone Company)
- FZE (Free Zone Establishment)
- Branch (local or foreign company)
List of Business Activities in SRTIP Free Zone
The type of business activity you choose will affect the type of trade license you need. SRTIP permits multiple business activities related to technology, healthcare, and academia:
- Environmental technology
- Waste management technology
- Transport & Logistics
- Aerospace manufacturing
- Automotive manufacturing
- Design & engineering manufacturing solutions
- Medical devices & wearables solutions
- Hospital automation solutions
- Insurtech solutions
- Big Data & Analytics
- Artificial Intelligence
- Drones
- Information of Things
Steps for Business setup in SRTIP Free Zone
Setup Your Business At SRTIP with A&A Associate
A&A Associate is one of the biggest business setup advisories in the UAE. Our team has helped countless entrepreneurs and foreign investors set up companies across free zones, mainland, and offshore. Start your business setup in Sharjah Free Zone journey with us and get expert end-to-end support throughout the process.
SRTIP Free Zone FAQs
What is the Cheapest Free Zone in UAE?
Sharjah Research Technology and Innovation Park offers free zone packages starting from AED 5,510. The cost of setting up a business in a free zone will depend on your location, business activity, number of employees, and required office space.
What is a Strip Free Zone?
The SRTIP Free Zone, also called Sharjah Research Technology and Innovation Park, is a free zone located in University City in the Emirate of Sharjah.
What are the Benefits of a Free Zone in UAE?
Free zones offer full foreign ownership, 0% corporate taxes, repatriation of capital and profits, a quicker business setup process, and access to global markets.
How to Start a Business in Sharjah Free Zone?
Business setup in SRTIP starts with deciding on a business activity. Then, you should choose a trade name, submit your license application, apply for the required number of visas, and open a business bank account.
How Long Does it Take to Get a Free Zone License in Sharjah?
The time to get a Sharjah free zone license can vary from 30 minutes to an hour. In some cases, the process may be delayed if your business is subject to special conditions and requires extra documents to be submitted.
How Much is a Business License in Sharjah?
Business licenses in Sharjah can cost around AED 5,000 to AED 30,000 in a free zone and AED 15,000 to AED 30,000 on the mainland. Getting a trade license in the SRTIP Free Zone can be an economical option with package costs starting at AED 5,510.
What is the Full Form of SRTIP?
SRTIP stands for Sharjah Research Technology and Innovation Park. It is a free zone located in Sharjah, UAE, and is mainly known for providing facilities for research and development activities.
How Many Free Zones are there in Sharjah?
There are six free zones in Sharjah: SRTIP (Sharjah Research Technology and Innovation Park), SHAMS (Sharjah Media City), SPC (Sharjah Publishing City Free Zone), Hamriyah Free Zone, SAIF (Sharjah Airport International Free Zone), and the Sharjah Communication Technologies Free Zone.
How to Renew Sharjah Free Zone License?
To renew your Sharjah free zone license, you should fill out the renewal paperwork and pay the renewal fees. Generally, you have a 30-day grace period to renew your license.
How Do I Cancel my Sharjah Free Zone License?
If you want to cancel your Sharjah free zone license, you must first notify the relevant free zone authority. You will then have to clear all outstanding debts, cancel employee permits and visas, publish a notice in both Arabic and English newspapers, get approval from the necessary government authorities, and submit final documents to your bank.
Where is the SRTIP Free Zone?
The SRTIP Free Zone is located in University City in Sharjah, UAE. The free zone houses businesses mainly focused on research and development, sustainability, and innovation.
How Much Does the SRTIP Free Zone License Cost?
Trade license in the SRTIP Free Zone starts at AED 5,510 for the zero-visa package. A business setup consultant can help you apply for the license and provide guidance on all the paperwork you need to submit.
How to Get a Free Zone Visa in Sharjah?
You can get a free zone visa in Sharjah by setting up a business in one of the Emirates’ free zones. You can start applying for visas once your trade license has been issued.
What Business Can I Start in SRTIP Free Zone?
The SRTIP Free Zone is a popular choice for companies involved in technology, smart manufacturing, sustainability, and research and development. They offer in-house testing labs, land plots, flexi desks, and fully furnished offices as part of their amenities.
