Sharjah Research Technology & Innovation Park (SRTIP) Business Setup
Launch your innovative venture in one of Sharjah’s most dynamic free zones. At SRTIP, entrepreneurs benefit from world-class facilities, research-driven infrastructure, and investor-friendly policies.
Flexible company structures | Access to global innovation hubs|100% foreign ownership
Sharjah Research Technology & Innovation Park (SRTIP) is a forward-thinking free zone designed to foster innovation, sustainability, and entrepreneurship. Established to support research and development, SRTIP attracts technology companies, startups, and global investors looking for a future-ready ecosystem.
For investors planning a Free Zone Business Setup in Sharjah, SRTIP is an excellent choice thanks to its innovation-driven business environment. It also complements the wider ecosystem of UAE free zones, making it a strategic location for global expansion. Learn more about the UAE’s ecosystem on our guide to Free Zone Business Setup in UAE.
Why Choose SRTIP for Business Setup?
SRTIP offers a mix of innovation, research-driven growth, and flexible setup options. Entrepreneurs benefit from an ecosystem where academic institutions, technology firms, and startups collaborate.
Key advantages include:
- 100% foreign ownership of businesses.
- No personal or corporate income tax.
- Access to Sharjah’s strategic location between Asia, Africa, and Europe.
- Modern laboratories, co-working spaces, and research centers.
- Ease of connecting with universities and research institutions.
Tip: If your business idea is research-intensive or tech-driven, SRTIP offers a unique environment unmatched by other free zones.
Business Activities Allowed at SRTIP
SRTIP supports a broad range of innovation and research-driven industries. Investors can explore opportunities in:
- Technology & IT solutions
- Renewable energy
- Environmental sustainability
- Transport & logistics innovation
- Healthcare & life sciences research
- Artificial intelligence (AI) and robotics
- Education & training services
For those interested in broader activity options, you can also consider other Sharjah free zones such as Shams Free Zone Business Setup, SAIF Zone Business Setup, and Hamriyah Free Zone Business Setup.
Legal Structures at SRTIP
Investors can select from multiple company structures depending on their business requirements:
- Free Zone Establishment (FZE) – Single shareholder company.
- Free Zone Company (FZC) – Multiple shareholders allowed.
- Branch Office – For existing local or foreign companies.
If you are evaluating your options, you may also want to compare Free Zone vs Mainland Business Setup in UAE before making a decision.
Step-by-Step Process for SRTIP Company Formation
Starting a company at SRTIP involves a streamlined process:
This process is similar to other zones like Sharjah Publishing City Business Setup and Sharjah Healthcare City Business Setup.
Documents Required for SRTIP Business Setup
The documents needed are straightforward:
- Passport copies of shareholders and directors
- Application form
- Business plan
- Proof of address
- Trade name reservation certificate
For a complete guide, refer to our page on Documents Required for Free Zone Business Setup.
Cost of Setting Up a Business at SRTIP
Business setup costs at SRTIP depend on license type, office space, and visas. Below is an approximate breakdown:
| Service | Estimated Cost (AED) |
|---|---|
| Trade License (annual) | 12,500 – 15,000 |
| Office Space (per year) | 15,000 – 25,000 |
| Visa (per person) | 3,500 – 5,000 |
| Miscellaneous admin fees | 2,000- 3,500 |
Many startups opt for co-working packages, which significantly reduce initial costs.
For a comparison, see our detailed guide on Free Zone Business Setup Cost in UAE.
Benefits of Setting Up a Business at SRTIP
- Access to academic partnerships and research facilities.
- Flexible workspace options (labs, offices, co-working).
- Strategic location with strong connectivity.
- Affordable licensing packages.
- Networking opportunities with global investors and innovators.
For foreign investors, our guide on Start Business as Foreigner in UAE explains additional advantages.
Comparison with Other Free Zones in Sharjah
Sharjah has multiple free zones, each offering unique benefits:
- Shams Free Zone: Ideal for media and creative industries.
- SAIF Zone: Focused on trading and logistics.
- Hamriyah Free Zone: Industrial and manufacturing hub.
- Sharjah Publishing City: Perfect for publishers and content businesses.
- Sharjah Healthcare City: Dedicated to healthcare businesses.
SRTIP stands out for its focus on technology, research, and innovation.
Banking & Visa Services at SRTIP
Once your business is licensed, the next step is banking and visa processing.
- Corporate Bank Account: Learn how to set up through our guide on Bank Account Opening for Free Zone Business.
- Visa Services: SRTIP offers investor and employment visas. More details are in our guide to Free Zone Visa in UAE.
- Investor Visa: Special advantages for foreign owners explained here – Free Zone Investor Visa UAE.
Internal Links to Related Free Zone Guides
For more information, explore our related guides:
- Free Zone Business Setup in UAE
- Free Zone Business Setup in Sharjah
- Shams Free Zone Business Setup
- SAIF Zone Business Setup
- Hamriyah Free Zone Business Setup
- Sharjah Publishing City Business Setup
- Sharjah Healthcare City Business Setup
- Free Zone Business Setup Cost in UAE
- Documents Required for Free Zone Business Setup
- Free Zone vs Mainland Business Setup
- Advantages of Free Zone Business Setup
- How to Get Free Zone License in UAE
- Free Zone Visa UAE
- Bank Account Opening for Free Zone Business
- Free Zone Investor Visa UAE
- Start Business as Foreigner in UAE
Yes, foreign investors enjoy 100% ownership at SRTIP. In addition, they benefit from zero personal and corporate tax, easy repatriation of profits, and access to global innovation networks, making it ideal for international entrepreneurs.
The cost varies depending on office space, license type, and visa requirements. On average, company setup ranges from AED 20,000 to AED 40,000 annually. Startups can also opt for shared or co-working spaces, which reduce overhead expenses.
SRTIP is unique because of its innovation-driven environment. Unlike other Sharjah free zones that focus on trading or industry, SRTIP emphasizes research, technology, and collaboration with academic institutions. This makes it the perfect hub for startups and research-based ventures.
