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SRTIP Free Zone Business Setup

About Sharjah Research, Technology, and Innovation Park (SRTIP) Free Zone

The Sharjah Research, Technology, and Innovation Park Free Zone (SRTIP) is designed to support entrepreneurs with affordable trade licenses and flexible office space solutions. This free zone is a hub for R&D-focused businesses, particularly in fields such as renewable energy, water management, smart manufacturing, environmental technology, transport & logistics, and digitalization. SRTIP provides a range of workspace options, including flexi-desks, co-working spaces, private offices, and dedicated plots.

Benefits of Business Setup at SRTIP

  1. Cost-Effective Business Licenses
    • SRTIP offers affordable licensing options tailored to research and technology enterprises.
  2. Competitive Lease Rates
    • Office spaces are available at highly competitive lease rates, catering to both startups and established businesses.
  3. Fast-Tracked Company Formation
    • Quick and streamlined processes for setting up a company in the free zone.
  4. Subsidized Setup Packages for Female Entrepreneurs
    • Special packages with reduced costs are available for women entrepreneurs, encouraging gender diversity in the innovation sector.
  5. Flexible Office Space Options
    • SRTIP provides a wide variety of office spaces, including:
      • Flexi-desks
      • Co-working Spaces
      • Private Offices
      • Plots for Custom Setups
  6. Business Support Services
    • Extensive support services are offered to aid businesses in their growth and operational efficiency.
  7. Access to Networking Events
    • SRTIP facilitates regular networking events, allowing businesses to connect and collaborate within a supportive ecosystem.
  8. Proximity to Local and International Markets
    • Located strategically for easy access to both UAE and international markets.
  9. Unlimited Access to SRTIP Innovation Lounge
    • SRTIP’s Innovation Lounge provides an inspiring space for entrepreneurs and innovators to meet, brainstorm, and drive collaboration.

Sharjah Research, Technology, and Innovation Park Free Zone is an ideal base for companies focused on research, innovation, and sustainable growth. Whether you’re a startup or a large enterprise, SRTIP, facilitated by Rotanabiz, offers a comprehensive environment to foster innovation and achieve long-term success.

Set up your Company by taking the following three (3) steps

3 Simple Steps

Step 1

CUSTOMISE YOUR PACKAGE

Step 2

SUBMIT APPLICATION & DOCUMENTS

Step 3

RECEIVE YOUR BUSINESS LICENCE

Pricing Packages

Get in touch with us to receive a customized quote for your company formation

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IFZA

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Shams

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Creative City Fujairah

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RAKEZ

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Here are the timelines for establishing a Shams Free Zone Company

Timeline

Day 1

Application submission

You will sign and submit your application.

Day 2

Reservation of company name

We will reserve the name of your company.

Day 3

Submit documents to Shams Free Zone

We will submit your application along with the required documents.

Types of Licenses at Sharjah Research, Technology, and Innovation Park (SRTIP)

SRTIP offers a range of licenses tailored to support diverse business activities in the UAE free zone environment. Here are the primary types of trade licenses issued by SRTIP:

Industrial License

The Industrial License is essential for businesses involved in manufacturing or industrial activities. This license covers activities such as:

  • Machinery manufacturing
  • Transformation of natural materials
  • Metals manufacturing
  • Textiles production
  • Food and beverage manufacturing

Service License

The Service License allows businesses to provide specialized services, including but not limited to:

  • Consulting
  • Investment advisory
  • Banking and financial services

Trading License

A Trading License permits businesses to engage in the import and export of goods, both within the UAE and internationally. This license is suitable for businesses involved in local and cross-border trade activities.

With flexible licensing options, Rotanabiz supports businesses in finding the right license to meet their operational needs at SRTIP, helping them establish and grow in the UAE’s dynamic market.

How to Obtain a UAE Residency Visa Through an SRTIP License

Setting up a company in SRTIP also allows for UAE residence visa eligibility. Here’s the step-by-step process:

Step 1: Company Establishment Card

  • We’ll initiate your residence visa application by applying for your company establishment card. This card will typically be issued within a few working days.

Step 2: E-Channel Registration

  • Complete e-channel registration, which is a required step for all free zone companies in Sharjah.

Step 3: E-Visa Application

  • We will submit your e-visa application. This e-visa allows you to enter the UAE or process an in-country status change.

Step 4: Entry and Status Change

  • If you are outside the UAE: Enter the UAE before your e-visa expires, and once stamped, share the stamped copy with us.
  • If you are already in the UAE: We will assist with your in-country status change.

Step 5: Medical Examination

  • We’ll guide you through the required medical examination, which includes a blood test and chest x-ray.

Step 6: Biometrics Submission

  • Your fingerprints, photo, and signature will be collected at an authorized government center.

Step 7: Health Insurance (Optional)

  • If needed, we can assist you in finding a health insurance plan that meets UAE requirements.

Step 8: Visa Approval and Emirates ID Issuance

  • Visa Approval: The final step before Emirates ID issuance is visa approval. If you need expedited processing, urgent service can be requested, subject to SRTIP authority approvals.
  • Emirates ID: Once approved, your Emirates ID will be issued, completing the residency process.

Through Rotanabiz, the SRTIP business setup and residency visa process is streamlined and straightforward, allowing you to focus on your new venture.

Office and Plot Area Options at SRTIP

Sharjah Research, Technology, and Innovation Park (SRTIP) provides a variety of office space options tailored to meet diverse business needs, from co-working setups to dedicated plots. Choose the best fit based on your business requirements.

First Step Hi-Tech Office

An ideal office solution designed specifically for start-up businesses that are less than three years old.

Maktabi (Co-Working Space)

Access a co-working space that includes three desks with additional perks:

  • Access to meeting rooms
  • Free Wi-Fi
  • On-site parking

SME Office

A fully furnished office space of 20-27 sqm, ideal for small and medium enterprises. It includes:

  • Space for four to six desks
  • Ready-to-use office setup

Ecosystem Office

A dedicated, fully furnished office with a floor area of 50-80 sqm. This option provides:

  • Ample space for larger teams
  • Eligibility for more than 10 visa allocations

Innovation Office

Open-area space leasing option at SRTIP HQ, available at a modest rate of AED 800 per sqm. Perfect for companies looking to establish a presence within the innovation ecosystem.

Innovation Plot

SRTIP offers competitively leased plots for businesses planning to develop their own projects within the free zone premises.

These flexible options at Rotanabiz make it easy to find an office or plot that meets your needs and supports your business growth.

Documents Required for Business Setup at SRTIP Free Zone

To establish a free zone business at Sharjah Research, Technology, and Innovation Park (SRTIP) under Rotanabiz, the following documents are required based on the type of shareholder:

For Individual Shareholders

  1. Passport copy of the shareholder(s) and manager(s)
  2. Latest UAE entry stamp or visit visa copy
  3. Residence visa copy and Emirates ID of the shareholder(s) and manager(s) (if UAE residents)
  4. Address proof of the shareholder(s) and manager(s)
  5. Passport-sized photo of the shareholder(s) and manager(s)

For Corporate Shareholders

  1. Memorandum of Association (MOA) and Articles of Association (AOA)
  2. Trade license (if an existing company)
  3. Board Resolution authorizing the setup
  4. Certificate of Incorporation

These documents are essential for a smooth business setup process at SRTIP under Rotanabiz.

Below are some of the reasons for choosing Sharjah Research, Technology, and Innovation Park (SRTIP).

Key Features

Dual License* With a dual license, you can extend your business to the UAE mainland while operating from your free zone office.*Subject to certain terms and conditions
Office Spaces Wide variety of options ranging from co-working spaces to private offices.
Female Entrepreneur Packages Female entrepreneurs can avail of business setup packages at subsidized rates.
Pricing Affordable business setup packages and leasing rates.
Location With SRTIP, entrepreneurs have the benefits of Sharjah’s proximity to ports and airports.
Ownership 100% foreign ownership
Research Fields SRTIP focuses on research and development in areas like renewable energy, water management, smart manufacturing, environmental technology, transport & logistics, and digitalization.
Networking At SRTIP, entrepreneurs have immense networking and collaboration opportunities thanks to initiatives taken by the free zone.

Here are answers to some of the most frequently asked questions about Meydan Free Zone company formation.

Common Questions

Where is Sharjah Research, Technology, and Innovation Park (SRTIP) located?

Sharjah Research, Technology, and Innovation Park (SRTIP) is located in the education district of University City, close to the Sharjah International Airport.

What research areas does SRTIP focus upon?

SRTIP focuses on research fields like environmental technology, digitalization, transport & logistics, smart manufacturing, water management, and renewable energy.

What types of office spaces does SRTIP Free Zone offer on lease?

At SRTIP Free Zone, you can choose from a wide variety of office spaces ranging from flexi-desks, co-working spaces, shell and core, and private furnished offices. The free zone also offers plots for developing projects.

What types of licenses are available at SRTIP Sharjah?

At SRTIP Sharjah, you can set up a business under a trading, industrial, or service license.

What are some common business activities permitted at SRTIP?

Besides activities related to research and innovation, SRTIP has businesses specializing in fields like media, banking and investments, IT, and healthcare.

Main Branch

Sheikh Mohammed Bin Salem Street, Near Changan Showroom, Ras al Khaimah, UAE

Branch

Julphar, Al Mataf Road, Ras Al Khaimah, UAE

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Julphar, Al Mataf Road, Ras Al Khaimah, UAE

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    ADDRESS

    Julphar, Al Mataf Road, Ras Al Khaimah, UAE

    PHONE

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    +971 7 2430438

    EMAIL

    info@rotanabiz.com