From competitive license fees to visa options and modern workspaces, this guide covers everything you need to get started.
Introduction to SRTIP
What is SRTIP?
SRTIP stands for Sharjah Research, Technology, and Innovation Park & Business Setup in DAFZA. It's a specialized free zone focused on R&D, innovation, sustainability, and advanced industries. Think of it as a futuristic business environment where research and profit walk hand-in-hand.
Why Choose SRTIP for Your Business?
Because it's where ideas turn into scalable businesses. From 100% ownership to tax-free operations and startup-friendly prices, SRTIP offers a low-risk, high-reward path for ambitious founders.
Benefits of Setting Up in SRTIP Free Zone
Full Foreign Ownership
You don’t need a local sponsor—keep full control of your company and decisions.
Zero Taxes
Enjoy 0% corporate and personal income tax, along with no import or export duties.
Strategic Location
SRTIP is located in Sharjah—close to Dubai and right next to University City, giving you access to both talent and market reach.
Innovation-Driven Ecosystem
The zone connects businesses with universities, research centers, and government entities. It's not just about work—it's about collaborating for growth.
Business Setup in SRTIP Free Zone: Step-by-Step
1. Pick Your Business Activity
First, decide what you’re offering—services, trading, tech, media, consultancy, manufacturing? Your activity determines your license.
2. Choose Your Company Structure
Options include:
- FZE – Free Zone Establishment (single owner)
- FZC – Free Zone Company (multiple partners)
- Branch – Of an existing UAE or foreign company
3. Reserve a Trade Name
Make sure your company name is:
- Unique
- Non-religious
- Non-political
- Not previously registered
4. Apply for a License
Submit the application with documents like copyright copies, business plan, and proof of address. The Free Zone will guide you through it.
5. Obtain Approvals and Pay Fees
Once approved, you’ll receive:
- Business License
- Incorporation Certificate
- Memorandum of Association
And boom—your business is officially live.
Business Setup in SRTIP Free Zone Price
Let’s break down what it actually costs to set up here.
License Fees
Depending on your business type and the number of visas needed:
Package Type | Price (AED/year) | Inclusions |
Basic/Freelancer | From AED 5,500 | 0 visa, flexi-desk |
Startup | AED 9,000 – 12,000 | 1–2 visas, shared desk |
SME | AED 15,000+ | Multiple visas, dedicated space |
Note: Costs can vary depending on activity and number of visas.
SRTIP Visa Cost
Let’s talk visas—because you’ll need at least one to operate here.
- Investor Visa: From AED 3,750 (valid for 2–3 years)
- Employee Visa: From AED 4,000–5,000
- Family Visa: AED 3,000–5,000 depending on dependents
These costs include medical tests, Emirates ID, and visa stamping.
Office Space Options
Flexi Desk
- Shared space
- Ideal for freelancers or startups
- From AED 4,500/year
Private Office
- From 10 sqm to 200+ sqm
- Fully serviced
- AED 12,000–50,000/year depending on size and location
Types of Licenses in SRTIP
1. Commercial License
For trading products locally or internationally.
2. Service License
Covers consultancy, IT, marketing, education, and similar services.
3. Industrial License
Needed for any type of manufacturing or production.
4. Freelancer Permit
Perfect for solopreneurs in fields like design, development, content writing, etc.
Who Can Start a Business in SRTIP?
Startups & Freelancers
Affordable, low-barrier entry with scalable options.
Small and Medium Enterprises
Flexible packages and visa quotas make it easy to grow at your own pace.
Large Corporations
Set up R&D units or regional headquarters with access to skilled talent and infrastructure.
Residency & Visa Benefits
Investor Visa
Gives you legal residency, the ability to open bank accounts, and more.
Employee Visa
Allows you to hire full-time staff under your business license.
Family Sponsorship
Once you have a visa, you can sponsor your spouse, kids, and even parents.
Common Mistakes to Avoid
Under-Budgeting
Don’t forget to include hidden expenses like:
- Medical tests
- Emirates ID
- Insurance
- Visa renewals
Choosing the Wrong License
Pick a license that matches your actual activity—otherwise, you could face fines or operational blocks.
SRTIP vs Other UAE Free Zones
Cost Comparison
SRTIP is significantly more affordable for startups compared to Dubai-based free zones like DMCC or DAFZA.
Facilities & Ecosystem
With modern labs, coworking hubs, and R&D centers, SRTIP offers way more than just a trade license.
Final Thoughts
Launching your company in SRTIP Free Zone & Business Setup in DMCC Free Zone is like entering a future-ready business playground. It’s affordable, straightforward, and designed for people who want to start smart and grow fast.
With transparent pricing, full ownership, flexible visa options, and an innovation-first ecosystem, it’s no wonder more entrepreneurs are choosing Sharjah’s tech-savvy Free Zone to call home.
If you're ready to turn your business dream into reality, there’s never been a better time to join SRTIP.
FAQs
What’s the minimum cost to start a business in SRTIP?
You can start with as little as AED 5,500 using the Freelancer or Basic Package.
How long does the setup process take?
Typically between 3 to 7 business days, depending on document readiness.
Can I apply for a UAE residency visa through SRTIP?
Yes. Every license allows for at least one visa, which qualifies you for UAE residency.
Are there hidden fees in SRTIP setup packages?
No hidden charges. Just be sure to account for visa, medical, and Emirates ID fees separately.
What types of businesses do well in SRTIP?
Tech startups, consultants, e-commerce, renewable energy, AI, and educational ventures thrive here.