Sharjah Research Technology and Innovation Park

SRTIP Free Zone

Built for R&D, advanced manufacturing and technology ventures, with dual licensing and unlimited-visa options.

ابتداءً منAED 5,510
الجهة المصدرةSRTIP Authority

100%

Foreign ownership

0%

Personal income tax

5

Activities per licence

100%

Profit repatriation

Overview

The Sharjah Research Technology and Innovation Park (SRTIP) Free Zone is located in University City, Sharjah, and primarily caters to entrepreneurs and investors interested in research and development, particularly in technology, healthcare and sustainability.

Conducting business in SRTIP gives you access to state-of-the-art infrastructure, including laboratories, modern meeting spaces and R&D facilities, alongside the opportunity to collaborate with academics, government researchers and fellow innovators — a genuinely different ecosystem from a typical trading-focused free zone.

Evolva is one of the UAE's leading business setup advisories, and has helped entrepreneurs and foreign investors set up companies across free zones, mainland and offshore. We provide expert, end-to-end support for your SRTIP business setup journey.

Advanced manufacturing and research facility

Advantages of Business Setup in SRTIP

SRTIP combines standard UAE free zone advantages with a research-and-innovation ecosystem built specifically for technology and R&D ventures.

Access to a Community of Innovators

Collaborate with academics, government researchers and fellow entrepreneurs working across technology, healthcare and sustainability.

100%

Foreign Ownership

Complete foreign ownership with no requirement for a UAE national partner.

Large Number of Permitted Activities

SRTIP permits a wide range of activities across technology, healthcare, manufacturing and academia.

No Minimum Share Capital

No minimum share capital requirement, including for special purpose companies.

Minimal Taxes

SRTIP companies benefit from the UAE's low-tax environment, with 0% personal income tax.

Access to Labs & Funding

State-of-the-art laboratories and access to funding opportunities support R&D-focused businesses.

Dual Licensing Options

SRTIP offers dual licensing options for businesses that need to operate across more than one activity category.

Special Incentives for Women Entrepreneurs

Dedicated support and fast-tracked business setup for women-led ventures.

100%

Repatriation of Profits and Capital

Transfer 100% of profits and capital back to your home country with no repatriation limits.

5

Activities Under One Licence

SRTIP allows up to five business activities to be registered under a single trade licence.

The Amenities at SRTIP Free Zone

SRTIP's office solutions are structured around visa quota, so your workspace choice directly affects your team's growth capacity.

Co-Working Space

5 visas per desk, with site parking and utilities included.

SME Office

10 visas per office, with a furnished workspace and modern meeting rooms.

Ecosystem Office

15+ visas per office, fully furnished, with a private working area.

Innovation Office

Unlimited visa quota, shell-and-core fit-out, fully customisable workspace.

Innovation Plot

Unlimited visa quota, competitive leasing rates, prime plot location.

Hi-Tech Office

3 visas per desk, designated desk within a co-working space.

Hi-Tech Office for Women Entrepreneurs

Fast-tracked business setup, exclusive areas and dedicated business support services.

Sharjah Open Innovation Lab

Shared wood shop, metal shop and laser studios for prototyping and fabrication.

Business Structure Options in SRTIP

SRTIP allows the following legal structures for entrepreneurs and investors.

FZC — Free Zone Company

A multi-shareholder entity suited to partnerships, joint ventures and multi-investor companies.

FZE — Free Zone Establishment

A single-shareholder entity, owned by one individual or one corporate entity.

Branch

A branch of an existing local or foreign company, operating as an extension of the parent entity.

Business Activities Permitted in SRTIP Free Zone

Your choice of business activity determines your trade licence category — SRTIP permits activities across technology, healthcare and academia, including:

  • Environmental technology
  • Waste management technology
  • Transport & logistics
  • Aerospace manufacturing
  • Automotive manufacturing
  • Design & engineering manufacturing solutions
  • Medical devices & wearables solutions
  • Hospital automation solutions
  • Insurtech solutions
  • Big data & analytics
  • Artificial intelligence
  • Drones
  • Internet of Things

Steps for Business Setup in SRTIP Free Zone

SRTIP's registration process is built around choosing the right R&D-aligned activity from the outset.

  1. 1

    Pick a business activity

    Business setup in SRTIP starts with choosing an activity — picking one related to innovation and sustainability gives you more chances to connect with the community.

  2. 2

    Get a trade name

    Your business name must follow the UAE's naming laws. You must generally submit at least three names for consideration during the setup process.

  3. 3

    Apply for a trade licence

    You can get a trade licence in SRTIP in trading, industrial or service categories, submitting a business plan along with shareholder and director personal information.

  4. 4

    Apply for visas

    Your visa quota depends on your office location and business needs — the visa application process can only start once your trade licence has been issued.

  5. 5

    Open a bank account

    Not every bank provides services to free zone businesses, so having an expert with strong banking relationships can make account opening far easier.

Indicative SRTIP & Sharjah Free Zone Costs

PackageEstimated Cost
SRTIP zero-visa package (starting price)AED 5,510
General Sharjah free zone licence rangeAED 5,000 – 30,000
General Sharjah mainland licence rangeAED 15,000 – 30,000

Figures are indicative and vary by business activity, visa allocation and office solution — confirm current fees with your consultant.

Why Choose Evolva for Your SRTIP Business Setup?

SRTIP's research-driven ecosystem rewards founders who choose the right activity and office solution from day one.

SRTIP Specialists

We understand SRTIP's dual licensing options, activity list and visa-linked office solutions.

Fully Transparent Pricing

A clear cost breakdown before you commit — licence fees, office costs and our service charge, all itemised.

One Dedicated Consultant

A single consultant manages your case from your first consultation through to licence issuance.

Strong Banking Relationships

Not every bank works with free zone businesses — our relationships help simplify account opening.

End-to-End Service

Trade licence applications, document preparation, visa processing and bank introductions — we handle it all.

UAE-Wide Business Setup Advisory

We've helped entrepreneurs and foreign investors set up companies across free zones, mainland and offshore throughout the UAE.

Frequently Asked Questions

Ready to start your SRTIP Free Zone setup?

Speak to an Evolva consultant for a tailored quote and a clear timeline.

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