SRTIP Freezone Company Setup
Experience cutting-edge facilities, funding opportunities, and a thriving ecosystem that fosters research, technology, and entrepreneurship with the Sharjah Research, Technology, and Innovation Park Free Zone.
- 100% Ownership
- Company Formation in 5-10 days
- Bank Account Opening Assistance
- 0% Income Tax
- 0% Withholding Tax
What is SRTIP Free Zone?
The Sharjah Research, Technology, and Innovation Park – SRTIP Free Zone is a future-focused free zone that supports science, tech, and innovation-driven businesses. Backed by the University City of Sharjah, SRTIP attracts companies in sectors like renewable energy, water management, smart manufacturing, and digital transformation. More than just an office space, you get access to a research and innovation ecosystem designed for growth.
Entrepreneurs benefit from 100% foreign ownership, zero import/export duties, and quick company registration. SRTIP Free Zone also allows visa packages and shared workspaces at affordable rates. The free zone promotes collaboration between startups, universities, and research centers to drive innovation in the UAE. With strong academic links and world-class facilities, SRTIP is ideal for businesses building solutions in tech, science, and sustainability.
Benefits of SRTIP Free Zone
Major Benefits of a SRTIP Free Zone Business Setup
- Innovation Hub: Access cutting-edge labs, R&D facilities, and funding opportunities for your projects.
- Cost-Effective: Affordable business licenses, flexible office spaces, and no minimum share capital.
- Tax-Friendly: 0% corporate income tax, personal income tax, and import/export duties within the zone (subject to UAE general tax of 0% for income up to AED 375,000 and 9% above).
- Business Flexibility: Wide range of tech and research activities allowed under one license, including renewable energy, AI, and digitalization.
- Strategic Location: Situated near Sharjah University City and major transportation links, offering access to talent and a growing market.
Features of SRTIP Free Zone
SRTIP Freezone Company Setup
Company formation in 5-10 business days
Easy to Open a Bank Account
Minimal Paper work
100% Foreign Ownership
UAE Investor Visa
0% Income Tax & Withholding Tax.
SRTIP Business Setup Packages
| Features | Silver | Gold | Platinum |
|---|---|---|---|
| Business Consultation | âś… | âś… | âś… |
| 100% Foreign Ownership | âś… | âś… | âś… |
| Business License for 1 Year | âś… | âś… | âś… |
| LLC Structure | âś… | âś… | âś… |
| Activity Type | Service / Consulting / Trading / E-Commerce | Service / Consulting / Trading / E-Commerce | Service / Consulting / Trading / E-Commerce |
| Access to reminders and notifications on License, Visa and ID renewal | âś… | âś… | âś… |
| Flexi Office | âś… | âś… | âś… |
| 1 Visa | ❌ | ✅ | ✅ |
| Medical Fitness Test of Owner / Investor | ❌ | ✅ | ✅ |
| Biometric for Owner / Shareholder | ❌ | ✅ | ✅ |
| Corporate Tax Registration | ❌ | ❌ | ✅ |
| Assistance in Bank Account Opening | ❌ | ❌ | ✅ |
| VAT Registration | ❌ | ❌ | ✅ |
| Accounting & Bookkeeping* | ❌ | ❌ | ✅ |
| Annual Support for License, Visa, Immigration, and Labor Services | ❌ | ❌ | ✅ |
| Financial Compliance Services (ESR, UBO, AML) | ❌ | ❌ | ✅ |
| Audit of the Accounts | ❌ | ❌ | ✅ |
| VAT Return Filing Services | ❌ | ❌ | ✅ |
| Corporate Tax Return Filing Services | ❌ | ❌ | ✅ |
| STANDARD PRICING | AED 5,510 | AED 13,990 | AED 49,500 |
SRTIP - UAE Freezone
Set Your Next-Gen Business in the Tech and Innovation Hub
Sharjah Research, Technology, and Innovation Park offers an array of advanced amenities and services focused on promoting research, technology, and innovation in various fields. The free zone provides state-of-the-art laboratories, advanced R&D facilities, training initiatives, and strategic funding prospects, promoting innovation and entrepreneurship.
Starting from AED 9,000 to AED 25,000, the cost of setting up a business in SRTIP Free Zone Sharjah can vary based on your business’s nature, specific needs, offices, and the number of visas, among other requirements.
Flourish Your Venture: Activity Options in SRTIP Free Zone
Sharjah Research, Technology, and Innovation Park caters to the vision of innovative entrepreneurs. From creative ventures to tech startups, this diverse licensing framework ensures you have the freedom to create and succeed in your tech-focused venture.
Trading License
A trading license will allow your business to import, export, distribute, and trade goods within the UAE and internationally.
Industrial License
An industrial license is suitable if your business involves production, assembly, or manufacturing operations.
Service License
A service license is designed for businesses that provide professional or specialized services, such as consultancy, marketing, IT services, and more.
Choosing your Business Entity Type Under the SRTIP Free Zone
Free Zone Establishment (FZE)
A Free Zone Establishment (FZE) is a type of business just for one owner, either a person or a company, in a designated free zone area. This helps people start and run a company in the free zone’s jurisdiction.
Free Zone Company (FZC)
This flexible setup lets two to fifty people or companies work together to create and run a firm in a free zone. This way, they can use the special free zone facilities to help their firm grow and be more innovative.
Required Documents
Find below the list of documents required to register a company in SRTIP free zone.
Individual Shareholder
- Passport Copy (Valid for at least 6 months)
- Visa Page Copy (if applicable)
- Emirates ID (if applicable)
- Passport-sized Photos
- Personal Information Sheet or Application Form
- 3 Name Choices
Corporate Shareholder
- Company Trade License / Certificate of Incorporation
- Memorandum of Association
- Board of Resolution for Company Setup and Appointment of Authorized Signatory
- UBO List
- Incumbency Certificate
- 3 Name Choices
- Passport copies of shareholders and directors
- Visa copy of Company Manager
- Emirates ID of Company Manager
Note*Â The list of document requirements is subject to change as per the desired license activity and SRTIP Freezone authority.
Timeline
- Day 1: Submit Your Application & Issuance Of Trade License And Company Formation Documents
- Day 5: Immigration Card & E-channel Application Issued
- Day 8: Entry Permit, Change Status, Medical, Emirates ID Issued
- Day 10: Investor Visa Issued
Steps for Company Formation in SRTIP Free Zone
Business Activity and Structure Selection
Choose what kind of business you want to do. This decision affects how your business works legally. Also, pick the right type of business structure.
Trade Name Reservation
Find a unique name for your company. Make sure it doesn’t have rude words or confusing names. It should show what your business does. Once you decide on a name, ask for approval.
License Application
With the lease contract approved and other documentation prepared, apply for the business license. This license permits you to do your chosen business activity within SRTIP.
Approval of Lease Contract
To work, you’ll need to rent an office or warehouse inside SRTIP. Once you sign the lease contract, submit it to the officials, making sure your premises meet the right standards.
License Issuance
Once you finish all the needed procedures and paperwork and pay the fee, RAKEZ Free Zone will immediately give you your business license.
Resident Visa and Emirates ID Card
You can apply for resident and worker ID cards and visas. Once these are issued, your firm is officially recognized. And you can start your business operations in the free zone.
Why Avyanco for Setting Up Your Business in SRTIP Free Zone?
Avyanco stands as a certified business consultancy firm located in Dubai. Our team is dedicated to help your firm grow in the fast-moving tech space at Sharjah Research, Technology, and Innovation Park Free Zone Authority. Our expert guidance makes sure you have access to a vibrant ecosystem suitable for innovation and having modern facilities and great connectivity. Your growth journey is our priority.
- Efficient Processes
- Continuous Support
- Strategic Insights
Expert Guidance
Avyanco offers expert assistance throughout your business setup journey in SRTIP. We make sure that you experience a smooth process and your firm follows regulations. Our skilled experts care about your success.
Wide Range of Services
We offer various services, including accounting & bookkeeping, external and internal auditing services, trademark registration, company formation in Dubai, business trade license in Dubai, visa and UAE local sponsorship, VAT registration, and PRO services.
Innovative Ecosystem
With Avyanco, you can use SRTIP's innovation ecosystem to work with business experts and government groups. This can help you innovate and your business grow. Be part of an exciting network that can take your business to new heights.
Meet Our Specialists
Our skilled experts bring industry know-how. They have vast experience and a united focus on your success. When you work with us, you’re making your business goals real with our support every step of the way.
Chandy
Sales Director
Dhiren
Senior Corporate Advisor
Astha
Senior Corporate Advisor
Tanya
Senior Corporate Advisor
Maissa
Senior Corporate Advisor
Ruth
Corporate Advisor
Jessica
Corporate Advisor
Ashish
Corporate Advisor
Tanvi
Corporate Advisor
Hadeer Ibrahim
Corporate Advisor
What are the primary focus areas for research at the SRTIP Free Zone?
SRTIP free zone authority mainly focuses on research fields like environmental technology, digitalization, transport & logistics, smart manufacturing, water management, and renewable energy.
Can an SRTIP Free Zone firm conduct business in the mainland directly?
In the SRTIP Free Zone, firms can’t do business on the UAE mainland. But, they can use a dual license to expand there while staying in the SRTIP Free Zone. This helps them grow, using both the Free Zone’s perks and the UAE mainland market.
What are the benefits of subsidized packages for female entrepreneurs at the SRTIP Free Zone?
What type of businesses can be set up in the SRTIP Free Zone?
The SRTIP Free Zone is great for tech startups, research centers, and companies working on new tech. It helps these businesses by giving them the infrastructure and resources to thrive. This place encourages collaboration and sparks advanced innovations. It also makes a lively community where smart companies can grow and progress.
Do I need to have a physical address to start a company in the SRTIP Free Zone?
In SRTIP, you don’t need a physical office anymore. You can use a virtual one instead. This also saves money and gives you more flexibility.
Can foreign investors own 100% of a company in SRTIP?
Yes, foreign investors can own 100% of a company in SRTIP.
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