FTANew companies must register for Corporate Tax within 3 months of incorporation. Late registration costs AED 10,000.

Office building
Free zone company formation

SRTIP Free Zone Company Formation

Sharjah Research, Technology and Innovation Park is a free zone for innovation, research and technology businesses, with packages from AED 6,499.

  • SharjahLocation
  • AED 6,499Packages from
  • 100%Ownership
  • Innovation and researchFocus
Overview

About SRTIP

SRTIP supports companies in technology, research, sustainability and advanced industry, close to the University City of Sharjah. It also licenses commercial and service businesses.

Our SRTIP packages cover the licence and options with one or two visas.

Authority

Sharjah Research, Technology and Innovation Park

Best suited to

Technology and R&D; Sustainability and clean tech; Start ups and services.

Why set up here

Benefits of SRTIP

Innovation focus

Research partners nearby.

Low cost

From AED 6,499.

Wide activities

Innovation, services, e-commerce.

Ownership

100%.

Visas

One or two visa packages.

Ecosystem

Universities nearby.

Licence types

Licence types available

Commercial licence

Trading.

Service licence

Services.

Industrial licence

Advanced industry.

Innovation licence

Innovation projects.

Research licence

R&D.

E-commerce licence

Online sales.

Structure

Legal forms, visas and office

ItemDetail
Legal formsFree Zone Company
Visa allocationPackages with 0, 1 or 2 visas.
OfficeFlexi desks and offices.
Process

How setup works

  1. Activity and package

    We match your activities to the zone’s list and choose a package and visa count.

  2. Name and application

    Trade name reserved and application filed with shareholder documents.

  3. Licence issue

    Initial approval, signing of incorporation documents and licence issued.

  4. Establishment card and visas

    Immigration card, entry permits, medicals and Emirates ID.

  5. Bank, VAT and corporate tax

    Bank account support, corporate tax registration and VAT where needed.

Hassam Abbasi, Manager at Balance Brite, in a brown check blazer
Hassam AbbasiManager, Balance Brite. Guides clients through SRTIP setup
Checklist

Documents required

  • Passport copies of all shareholders and managers (valid for at least 6 months)
  • Passport size photographs on a white background
  • Visa or entry stamp copy for UAE residents, or a visit visa page
  • Proof of residential address (utility bill or bank statement)
  • Short business plan or activity description (some zones)
  • For corporate shareholders: certificate of incorporation, memorandum and articles, board resolution and good standing, attested
Indicative costs

SRTIP packages

Starter, 0 visa

AED 6,499 indicative

  • Business setup consultation
  • Trade name reservation and initial approval
  • MOA drafting and attestation
  • Commercial trade licence issuance
  • Up to 3 business activities on one licence
  • Government fee guidance included
Most chosen

Growth, 1 visa

AED 10,888 indicative

  • Everything in the Starter package
  • Professional licence issuance
  • 1 investor/employee visa (Emirates ID and medical fees included)
  • Dedicated relationship manager
  • 1 free tax/VAT consultation session

Premium, 2 visas

AED 16,999 indicative

  • Everything in the Growth package
  • Industrial licence issuance
  • Facility and site approval coordination
  • 2 investor/employee visas (Emirates ID and medical fees included)
  • Regulatory and environmental approval support
  • Priority processing with dedicated relationship manager

Indicative Balance Brite package prices. Government fees change during the year, so we confirm everything in a written quote before you pay. Prices exclude 5% VAT where it applies.

Tax after setup

Free zone companies must register for corporate tax and file a return every year. If the company meets the Qualifying Free Zone Person conditions (adequate substance in the zone, qualifying income, audited accounts, transfer pricing compliance and non qualifying revenue below 5% of total revenue or AED 5 million, whichever is lower) it pays 0% on qualifying income and 9% on the rest. VAT applies as normal unless the zone is a designated zone for goods. Corporate tax registration and VAT registration can be added to any package.

FAQ

SRTIP questions

How much is SRTIP setup?

Our packages are AED 6,499 with no visa, AED 10,888 with one visa and AED 16,999 with two visas.

Is SRTIP only for tech?

No, it also licenses services and commercial activities.

Can a free zone company trade with mainland customers?

It can sell to mainland customers through a distributor or agent, or by registering a branch or obtaining a mainland permit where available. Services to mainland clients are possible in many cases. Rules differ by zone and activity.

Do I need to visit the UAE to set up?

Many free zones allow remote setup. You will need to be in the UAE for the visa medical and Emirates ID biometrics.

Hassam Abbasi, Manager at Balance Brite, in a charcoal pinstripe suit

Speak to our setup manager about SRTIP

Hassam Abbasi manages company setup at Balance Brite. Share your activity, the visas you need and where your customers are, and he will recommend a jurisdiction and give you a written quote.