Sharjah Research Technology and Innovation Park Free Zone (SRTIP)
Sharjah Research Technology and Innovation Park Free Zone (SRTIP) was established in 2016 to develop and manage an innovative ecosystem. It promotes research and development, enterprise activities, and collaboration between industry, government, and academia. Water management, renewable energy, environmental technology, transportation and logistics, digital services, and smart manufacturing are the six research areas of SRTIP.
Business setup consultants in Sharjah can also help you with the licensing process. Continue reading to learn about the key advantages of registering a company in one of the best UAE freezone.
Popular Business Activities at SRTIP Freezone:
- Entertainment
- Energy
- Banking
- Investment
- Health
- IT
- Media
What are the facilities at the SRTIP Free Zone?
UAE free zones offer modernized and captivating facilities for investors. When investors plan to start their venture in a freezone, they must check the best freezone packages by comparing all the zones. Since SRTIP Freezone is an innovation centre, the facilities often comply with business standards and typically boost your business productivity. Some of the facilities include
- Maktabi Co-working space
Here, investors get a designated place to bring their laptops and start working. This co-working space is attractive, with a designated desk, meeting rooms, shared workspace, and three visa quotas per desk.
- Startup office
The startup office space is fully furnished with 16 square meters each, an ideal option for startup businesses in SRTIP park. The office has a private working area, desks, meeting rooms, and six visas per office.
- SME office
The investors can set up 20 to 27 sqm office spaces in SME space. The office spaces have a private working area, desks, meeting rooms, and eight visas per office, all fully furnished.
- Ecosystem office
It allows investors to start their company at the SRTIP park with 50 to 80 sqm furnished office space. Here, you have benefits like a well-furnished office, meeting rooms, ten visas per office, and a private working area.
- Innovation office
The innovation office targets investors who wish to lease the HQ open area. It has a workspace based on client needs, visa quota as per client needs, meeting rooms, receptionist, and other benefits.
- Hi-tech office
The business setup is optimal for startups with age less than three years. The business owners get unlimited access to the innovation lounge, professional networking events, international markets, and more.
- Women in Innovation Hi-tech office
The office is a complete subsidized package for women entrepreneurs who build businesses in the SRTIP-free zone. It includes exclusive private areas for women, a quick business establishment, unlimited access to the innovation lounge, and professional networking events, among other benefits.
Benefits of setting up business in the SRTIP Freezone
Cost-efficient business setup
Affordable leasing and licensing options
Access to a skilled and professional team
Opportunity to start a business with the mainland and free zone companies.
Free from income tax
Wide opportunities for academia-industry partnership
Complete ownership
Complete repatriation of capital and profits
Quick registration process
Free from import and export tariffs
How to set up a business in the SRTIP Freezone?
Arrange all the required business documents and submit to the concerned government authorities.
After the necessary due diligence, get the trade license based on your business activity.
For licensed activities(E-commerce, General Trading etc.), please apply for the approval from the concerned Government authorities.
Upon successful company incorporation, apply for a bank account to take care of business activities.
Documents Required
- Passport copy
- Visa /Entry permit Copy
- Director/Shareholder passport photos
- Additional documents depending upon business activity
What our clients say
Gryffin Capitalist delivers exceptional service for hassle-free UAE freezone company formation. They offer step-by-step guidance, ensuring your business is operational quickly.
Setting up a freezone company in Dubai with Gryffin Capitalist is straightforward and efficient. The team provides expert guidance, ensuring compliance with all legal requirements.
Gryffin Capitalist simplifies Sharjah freezone company formation with its expert advisors and tailored services. They handled everything from documentation to licensing efficiently.
Why Choose Gryffin Capitalist?
Gryffin Capitalist is a reputed consulting firm in the UAE. We assist companies in establishing their operations in the SRTIP freezone and with the essential paperwork and legal requirements. If you have any queries regarding the company formation, our experts can assist you.
Our offerings include anything from accounting and bookkeeping services to help with banking and company formation. Businesses may examine changes in client preferences and contemporary competition. Thanks to our specialized industry experience and creative business design processes, companies can test new business models.
Quality Professionalism
High Privacy
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
Best Freezones to choose to start your Company
Our business consultants have chosen freezones which are ideal for start-ups, business owners, and SME companies. These freezone provide a quick company registration process and a complete ecosystem for businesses.
Frequently Asked Questions (FAQs)
Yes, SRTIP is a unique location for startups to build their businesses in a supportive environment.
Sharjah is the first emirate in the United Arab Emirates to promote women's rights and provide women's education.
You should set up an office in the SRTIP Free Zone because of the innovative ecosystem, more employment opportunities, and future investment.
It takes around 5-6 days to obtain a license in SRTIP.
The respective Free Zone authority issues licenses in STRIP.
