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The top benefits of company setup in the SRTIP free zone

The Sharjah Research and Technology Innovation Park is a specific free zone for research and development companies. It's also known as the SRTIP freezone in Sharjah. 

SRTIP in Sharjah

The free zone aims at promoting partnership activities between educational institutions, government, and private sectors. The SRTI Park evolved as a connection point between ideas and the marketplace. According to recent reports, the SRTIP free zone will accommodate more than two hundred foreign start-ups and innovators. Additionally, it has ideal space for SME incubators and MNCs alike. 

SRTIP business center offers a favorable atmosphere for modernization with high-tech services and state-of-the-art infrastructure. The free zone develops an ingenious framework that improves Sharjah's global ranking. Gradually, Sharjah turned into a leading hub for science and technology. 

The Emirates is renowned for its educational facilities. The SRTI Park is next to the Amercian University. The university promotes the growth and establishment of several creative companies. 

What are the goals of Sharjah Innovation Park?

Innovative Ecosystem

The SRTI Park free zone develops and maintains a community that encourages Research and development. The ecosystem provides a supportive infrastructure for R&D-related business activities. 

Job Opportunities

Company setup in the SRTIP free zone promotes high-potential businesses that offer job opportunities for university graduates. The job opportunities improve the socio-economic development of the Emirates. 

Catalyst for development

By implementing the strategic projects, SRTIP positions itself as a global business center in the UAE. The free zone serves as a catalyst for development in a knowledge-based economy. 

Future investment

The free zone allows entrepreneurs to establish strategic partnerships with the public sector. The knowledge-full enterprises generate sustainable socio-economic development in the country.

The Top Benefits of company setup in SRTIP free zone

Business setup in the SRTIP free comes with exclusive benefits. The strategic location, ownership, cost-effective packages, and more benefits inspire business owners to consider SRTI Park. Since the SRTIP landscape gives more importance to scientific research, technology, and innovation, such entrepreneurs can confidently choose the above-free zone. Hiring a company formation consultant simplifies the licensing procedures and business establishment. 

A comprehensive glimpse at the benefits of choosing Sharjah Innovation Park

Reasonable business setup license with Visa

Most foreign entrepreneurs are concerned about the business setup cost. However, SRTIP tops the list with highly affordable business setup packages. SRTIP offers one of the cheapest company setups in the UAE. The approximate cost of a trade license with one visa is AED 5500. Besides the above package, entrepreneurs can select the appropriate and affordable packages. 

Ingenious ecosystem for R&D

If entrepreneurs choose an activity related to research and development, SRTI Park is the research area to progress the business. The SRTIP works on these top scientific and research areas, 

Water management

Renewable energy

Environmental technology

Production design and architecture

Transport and logistics

Digitalization solutions

Thriving business location

Location is an essential factor when choosing a free zone in the UAE. The UAE has more than 45 free zones offering various business setup services. SRTIP is a preferred free zone for entrepreneurs because it's located between University City Road and Sharjah Airport Road. The Sharjah Innovation Park has a robust logistics and transport network. The free zone is accessible five minutes from the Sharjah Airport and twenty minutes from the Dubai Airport. The global connectivity supports import and export businesses. The location allows easy transportation for employees and customers. 

Women-centric free zone

SRTIP is a renowned free zone providing special business setup packages for women entrepreneurs. The 'Women in Innovation' is a subsidized package allowing more women to join the entrepreneurs club. The package provides additional benefits like unlimited access to the innovation lounge, swift business establishment, private areas, professional events, confined areas, and access to researchers. 

Integrated Company setup services

SRTIP provides all the business setup services under one roof. The free zone authority allows integrated services to meet business demands. The support team at SRTIP guides entrepreneurs in all the stages. From application submission, registration, leasing, and business license. Hiring a business setup consultant will offer additional support. 

Dual license

UAE free zone offers multiple advantages but with few limitations. The restriction to trade freely in the mainland is a massive limitation for the UAE-free zones. The free zone companies can trade within the zones or internationally. However, SRTI Park offers a change in this limitation with a Dual license. The Dual license navigates your business into the UAE mainland. The companies with a Dual license can operate out of the free zone but they cannot rent an office space on the mainland.  

Modern Amenities

The free zone offers a modern infrastructure with state-of-the-art amenities. The SRTI Park office spaces are furnished with the latest facilities. The free zone offers meeting rooms, Flexi dess, on-site parking, free wifi, private working areas, 24/7 security, receptionist services, etc. 

The SRTIP free zone is a hub that fosters innovation in Sharjah. It has an open innovation Lab called SoiLAB. The lab is open to artists, students, tech enthusiasts, and entrepreneurs. The lab allows access to metal, woodworking machinery, 3D printers, etc. 

Avail the benefits with SRTIP Accelerator!

SRTI Park is a favorable environment for entrepreneurs. The business setup process looks simple but foreign entrepreneurs have to deal with a few requirements and regulations. A business setup consultant like SRTIP Accelerator can guide you in the business setup process. We have the expertise and knowledge to handle your key business requirements. PRO services, bank account opening, or any business setup services, we assist entrepreneurs in launching their ventures. 

Consult with our experts! Start your business in SRTIP now!