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SHARJAH RESEARCH, TECHNOLOGY, AND INNOVATION PARK (SRTIP)
SRTIP FREE ZONE: FOSTERING INNOVATION IN SHARJAH
Sharjah Research, Technology, and Innovation Park (SRTIP) Free Zone in Sharjah epitomizes the city’s commitment to innovation. It serves as a vibrant ecosystem for research, development, and collaboration, attracting entrepreneurs, startups, and established companies. SRTIP empowers startups through mentorship and funding, accelerates research and development, draws global investments, and champions sustainable practices. This hub of innovation is pivotal in shaping the future of industries, contributing to economic growth, and promoting eco-friendly technologies for a sustainable future.
SRTIP
SHARJAH RESEARCH, TECHNOLOGY, AND INNOVATION PARK
License Starting from zero visa package
5,510/- AED
License Starting from one visa package
13,990/- AED
License Starting from two visa package
17,800/- AED
SRTIP FREE ZONE: COMPANY FORMATION OVERVIEW
Sharjah Research Technology and Innovation Park (SRTIP) Free Zone, located in Sharjah, UAE, is a technology and innovation hub. Offering 100% ownership, a tax-free environment, and various visa options, it is an ideal location for startups and technology companies. SRTIP is not just a business district but a symbol of innovation, driving progress in Sharjah and globally. By supporting entrepreneurs, encouraging research and development, attracting global investments, and promoting sustainability, SRTIP is positioned as a key player in the global innovation ecosystem, playing a pivotal role in economic growth and creativity.
SRTIP FREE ZONE LICENSE FEES START FROM 5,500 AED INCLUDING REGISTRATION ADDRESS WITH 3 BUSINESS ACTIVITY:
| Type of licence | Visa Eligibility | License cost first year | License Renewal fee |
|---|---|---|
|
ZERO visa package |
AED 5,500 |
AED 5,500 |
|
1 visa package |
AED 10,500
|
AED 9,520 |
|
2 visas package |
AED 12,995 |
AED 11,520 |
|
3 visas package |
AED 14,750 |
AED 13,520 |
|
4 visas package |
AED 15,920 |
AED 14,520 |
The time frame of the company registration is between 7 to 10 business days and the process could be done remotely so the presence of the shareholders and directors is not required.
Several items to be considered with the above packages such as:
- Establishment Card application: AED 1,575
- E-channel registration: AED 2,575
- Sharjah Residence Visa fee (2 years): AED 2,950
- Medical check: Normal: AED 400 | VIP medical: AED 850
- Emirates ID application fee: AED 400
ADVANTAGES OF CSRTIP FREE ZONE
- Low tax regime environment
- 100% foreign ownership
- No restrictions on the repatriation of profits
- A one-stop shop for all government services
- A dedicated industrial park with world-class infrastructure
- A dedicated team of Investment Promotion Agency (IPA) professionals to provide support and assistance
The SRTIP Free Zone is an ideal choice for technology-based companies and international business hubs, offering advantageous conditions for success, including full ownership, visa options, and comprehensive infrastructure and support services.
QUESTIONS & ANSWERS
1. Q: What is the Sharjah Research Technology and Innovation Park (SRTIP)?
A: The Sharjah Research Technology and Innovation Park (SRTIP) is a dedicated free zone in Sharjah, UAE, designed to promote research, technology, and innovation by providing a conducive environment for businesses, startups, and researchers.
2. Q: What types of licenses are available at SRTIP?
A: The Sharjah Research Technology and Innovation Park (SRTIP) offers various types of licenses including:
- Commercial License
- Service License
- Industrial License
- Freelance Permit
3. Q: What is the Sharjah Research Technology and Innovation Park license cost?
A: The Sharjah Research Technology and Innovation Park license cost varies depending on the type of license and the specific requirements of the business. As of the latest update, the general cost structure includes:
- Commercial License: Starting from AED 9,000 annually.
- Service License: Starting from AED 7,500 annually.
- Industrial License: Starting from AED 15,000 annually.
- Freelance Permit: Starting from AED 5,000 annually.
4. Q: Are there any additional costs associated with the Sharjah Research Technology and Innovation Park license cost?
A: Yes, additional costs associated with the Sharjah Research Technology and Innovation Park license cost may include:
- Office rental fees
- Visa processing fees
- Registration fees
- Security deposits
- Other administrative fees
5. Q: What are the benefits of obtaining a license at SRTIP?
A: Benefits of obtaining a license at the Sharjah Research Technology and Innovation Park include:
- 100% foreign ownership
- Tax exemptions
- Full repatriation of profits and capital
- State-of-the-art infrastructure
- Access to a network of research and innovation centers
- Strategic location within the UAE
6. Q: How can I apply for a license at SRTIP?
A: The application process for the Sharjah Research Technology and Innovation Park license involves the following steps:
- Choose the type of license that suits your business.
- Submit the required documents, which may include a business plan, passport copies, and other relevant paperwork.
- Pay the applicable fees.
- Wait for the application to be reviewed and approved by the SRTIP authority.
7. Q: What documents are required for the application?
A: The required documents for the Sharjah Research Technology and Innovation Park license application typically include:
- Completed application form
- Passport copies of the shareholders
- Business plan
- Proof of address
- Bank reference letter
8. Q: How long does it take to get a license from SRTIP?
A: The processing time for obtaining a Sharjah Research Technology and Innovation Park license can vary, but it typically takes between 2 to 4 weeks from the submission of the complete application and required documents.
9. Q: Where can I get more information about the Sharjah Research Technology and Innovation Park license cost?
A: For more detailed information about the Sharjah Research Technology and Innovation Park license cost, you can visit the official SRTIP website or contact their customer service directly
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