Business Setup in SRTIP

SRTIP License & Business Setup – Your Complete Guide to Starting a Business in Sharjah

Starting a business in the UAE just got easier! If you're looking for a place that supports innovation, technology, and research, Sharjah Research, Technology & Innovation Park (SRTIP) is the perfect choice. Whether you're a startup or an established company, SRTIP offers amazing benefits and a simple setup process.

Key Facts About SRTIP

Strategic Location

SRTIP is just 20 km from Dubai International Airport and 4.1 km from Sharjah International Airport.

Advanced Technology

SRTIP is at the forefront of next-generation technologies, including additive manufacturing, virtual reality, and blockchain.

Modern Facilities

SRTIP offers facilities that offer extensive resources for 3D printing using various materials and advanced labs for virtual and augmented reality.

Educational Hub

SRTIP is located in a university city with over 22 educational institutions and more than 45,000 students.

Affordable Setup

Business License cost starts from just AED 5,500.

Business Setup Packages

RESEARCH PACKAGE

Without any Visa

AED 5,750/-
  • • Business license
  • • Share Register
  • • Free Lease Agreement
  • • Memorandum of Association
  • • Incorporation Certificate
  • • 100% ownership without local sponsor
  • • Add any 5 mix research and innovation related activities from 2000 activities
  • • Free business consultancy
  • • Add up to 100 shareholders into 1 Trade license

TRADE PACKAGE

With ONE Visa (Depending on chosen business activities)

AED 13,990/-
  • • Business license
  • • Share Register
  • • Free Lease Agreement
  • • Memorandum of Association
  • • Incorporation Certificate
  • • 100% ownership without local sponsor
  • • Add any 5 mix activities from 2000 activities
  • • Medical Fitness Test of the company owner
  • • Owner's biometric
  • • Free bank account opening assistance only
  • • Add up to 100 shareholders into 1 Trade license

What is SRTIP?

SRTIP is a free zone located in Sharjah, UAE. It's designed for businesses that focus on technology, research, and innovation. Think of it as a hub where creative minds come together to build the future. SRTIP is not just a place to work—it's a community that helps businesses grow and succeed.

Why Choose SRTIP for Your Business?

Here are the top reasons why SRTIP is the best place to start your business:

100% Ownership

Unlike some other business setups in the UAE, SRTIP allows you to own your business completely. No need for a local partner!

Tax Benefits

Enjoy zero taxes on your income and profits. This means more money stays in your pocket.

World-Class Facilities

SRTIP offers modern offices, labs, and workspaces equipped with the latest technology.

Strategic Location

Sharjah is close to Dubai and other major UAE cities, making it easy to connect with clients and partners.

Support for Innovation

SRTIP is all about helping businesses in tech and research. You'll be surrounded by like-minded companies and experts.

Easy Setup Process

With the right guidance, setting up your business in SRTIP is quick and hassle-free.

Ready to take advantage of these amazing benefits? Let us help you start your business in SRTIP today!

Get Started Now

Who Can Set Up a Business in SRTIP?

SRTIP is ideal for businesses in the following fields:

Technology

Software development, IT services, and more.

Research

Scientific research, environmental studies, and innovation projects.

Consulting

Business consulting, management services, and training.

Innovation

Startups and companies working on new ideas and solutions.

If your business fits into any of these categories, SRTIP is the place for you!

Check Your Eligibility

What Types of Licenses Are Available in SRTIP?

SRTIP offers different types of licenses depending on your business activity. Here are the main ones:

Commercial License

For businesses involved in trading and services.

Industrial License

For manufacturing and production companies.

Professional License

For consultants, freelancers, and service providers.

We'll help you choose the right license for your business.

Why Start Your Business in SRTIP?

Starting a business in SRTIP is not just about getting a license—it's about joining a community that supports your growth. Here's what makes SRTIP special:

Networking Opportunities

Connect with other tech and research companies.

Access to Funding

SRTIP offers support for startups and innovative projects.

Government Support

Enjoy a business-friendly environment with minimal red tape.

Global Reach

SRTIP helps you connect with international markets.

Now that you know why SRTIP is a great choice, let's talk about the step-by-step process to get your SRTIP license and set up your business. In the next section, we'll cover everything from documents to costs and timelines.

How to Get an SRTIP License – A Simple Step-by-Step Guide

Getting an SRTIP license is easier than you think! Here's a step-by-step guide to help you through the process:

1

Choose Your Business Activity

The first step is to decide what your business will do. SRTIP is ideal for businesses in technology, research, and innovation. Some examples include:

  • IT services
  • Scientific research
  • Training and education
  • Global Reach

Once you've chosen your activity, we'll help you pick the right license type.

2

Prepare Your Documents

To apply for an SRTIP license, you'll need the following documents:

  • Passport Copies: For all business owners and shareholders.
  • Business Plan: A clear plan explaining your business activities and goals.
  • Application Form: Filled out with your business details.
  • Proof of Address: Such as a utility bill or rental agreement.

Don't worry—we'll guide you through the document preparation process.

3

Submit Your Application

Once your documents are ready, you can submit your application to SRTIP. We'll handle the entire process for you, saving you time and effort.

4

Pay the Fees

After your application is approved, you'll need to pay the license and registration fees. Here's a rough idea of the costs:

License Fees

AED 5,500 - AED 13,990

Visa Costs

AED 3,500 – 5,000 per visa

Other Fees

Around AED 5,000

We'll provide a detailed cost breakdown and help you save money.

5

Start Your Business

Once everything is approved and paid, you're ready to start your business! SRTIP will issue your license, and you can begin operations immediately.

How Long Does It Take?

With our help, the entire process takes 1–2 weeks including the opening of corporate bank account for your business. We'll make sure everything is done quickly and correctly.

What's Next?

Now that you know how to get your SRTIP license, let's talk about the costs and requirements in detail. In the next section, we'll break down everything you need to know about fees, documents, and ongoing compliance.

SRTIP License Costs and Requirements – Everything You Need to Know

Let's talk about the costs and requirements for setting up your business in SRTIP. We'll break it down into simple steps so you know exactly what to expect.

What Are the Costs of Setting Up a Business in SRTIP?

License Fees

Starting from AED 5,500

Depending on your business activity

Misc Fees

Around AED 5,000

Additional administrative costs

Visa Costs

AED 3,500–5,000 per visa

For you, your family, and employees

Office Space

Starting from AED 10,000 per year

SRTIP offers flexible office solutions

A breakdown of some common costs is as under:

Description Cost (AED)
Residence Permit 1,600
Emirates ID 370
E-channel Registration 2,300
Medical 750

Note: Please use these costs for estimation purposes only as they can be revised by the Government Authorities at any time.

In addition, you will need a company bank account. There is a huge variation in the bank account opening costs.

We'll provide a detailed quote based on your business needs.

What Are the Requirements for an SRTIP License?

Passport Copies

For all owners and shareholders.

Business Plan

A clear plan explaining your business activities.

Application Form

Filled out with your business details.

Proof of Address

Such as a utility bill or rental agreement.

We'll help you prepare all the required documents.

Ongoing Compliance

Once your business is set up, you'll need to:

Renew Your License Annually

This ensures your business stays active.

Follow SRTIP Rules

Such as maintaining proper records and reporting.

We'll guide you through the compliance process to keep your business running smoothly.

Why Choose First Idea Setup?

Expert Guidance

We know SRTIP inside out.

Affordable Packages

No hidden fees—just clear pricing.

Personalized Service

We tailor our support to your needs.

Proven Results

Check out our happy client stories!