Company Formation in Sharjah Research Technology and Innovation Park (SRTIP)
Sharjah, an energetic emirate in the UAE, has become a key business center, providing a supportive atmosphere for creativity and commerce. With its strategic location, world-class infrastructure, and supportive government policies, Sharjah has attracted businesses from diverse sectors.
What are the Benefits of Establishing Operations in SRITP
- Strategic Location: Sharjah’s prime location offers easy access to major markets in the Middle East, Asia, and Europe.
- Tax Benefits: Enjoy a tax-free environment that can significantly reduce operational costs.
- World-Class Infrastructure: Benefit from state-of-the-art infrastructure, including advanced telecommunications, efficient logistics, and modern facilities.
- Supportive Government: The government of Sharjah actively promotes business growth and innovation through various incentives and initiatives.
- Strong Intellectual Property Protection: Safeguard your intellectual property rights with robust legal frameworks.
What is SRTIP?
The Sharjah Research Technology and Innovation Park (SRTIP) is more than merely a business park. It acts as a dynamic center that encourages innovation and assists companies. Established in 2016, SRTIP is a strategic initiative by the Sharjah government to cultivate a knowledge-based economy within the emirate.
Benefits of SRTIP
Tax Advantages:
- 0% corporate and personal income tax
- No customs duties on imports and exports
Regulatory Ease:
- Streamlined company formation and licensing procedures
- 100% foreign ownership allowed
- Flexible licensing options
Strategic Location:
- Ideal location in the UAE, offering convenient access to both regional and global markets.
- Close to key transportation hubs like airports and seaports.
World-Class Infrastructure:
- State-of-the-art research and development facilities
- Advanced technology infrastructure
- High-speed internet connectivity
Supportive Ecosystem:
- Strong government support and incentives
- A collaborative environment fostering innovation and partnerships
- Access to a skilled workforce and talent pool
Intellectual Property Protection:
- A strong legal system protects intellectual property rights.
Additional Benefits:
- Special incentives for women entrepreneurs
- Dual licensing options for mainland and free zone operations
- Cost-effective business setup packages
- Focus on emerging technologies and industries
Features of STRIP
| Research Areas |
Business Activities |
Available Company Licenses |
| Renewable Energy |
Software Trading |
Commercial Trading License |
| Smart Manufacturing |
IT Consultants |
General Trading License |
| Digitalization |
Web Design |
Service License |
| Transport & Logistics |
Creative Agency |
E-Commerce License |
| Environmental Technology |
Renewable Energy Solutions |
Consultancy License |
What are the Company setup packages in SRTIP?
SRTIP provides a range of tailored packages to cater to the specific needs of businesses at various stages of growth. Here's a brief overview:
- Maktabi Package: Designed for small businesses and startups, this package offers affordable office space and essential business services.
- Women in Innovation Package: This package is specifically designed to support women entrepreneurs, providing them with dedicated workspace, mentorship, and networking opportunities.
- Startup Office Package: Ideal for early-stage startups, this package offers flexible office space, access to incubation programs, and mentorship from industry experts.
- SME Office Package: This package is suitable for established SMEs, providing them with premium office space, business support services, and networking opportunities.
- First Step Hi-Tech Office: This package is designed for high-tech companies, offering advanced infrastructure, R&D facilities, and access to cutting-edge technology.
- Ecosystem Office: This package is tailored for large corporations and multinational companies, providing them with prestigious office space, customized business solutions, and strategic partnerships.
- Innovation Plot: This package offers land plots for businesses to build their custom facilities, providing maximum flexibility and control over their operations.
By offering these diverse packages, SRTIP aims to create a thriving ecosystem that fosters innovation, entrepreneurship, and economic growth.
Process for Company Formation in SRTIP
Start Your Business in Sharjah with Expert Guidance
Sharjah offers a dynamic business environment with tax benefits, world-class infrastructure, and government support. SRTIP, a key innovation hub, provides 100% foreign ownership, streamlined regulations, and a focus on emerging technologies. Ready to start your business in Sharjah? Contact Reyson Badger for expert guidance on company formation in the UAE
