The Sharjah Research Technology and Innovation Park (SRTIP) offers exclusive benefits to foreign investors from diverse sectors such as science, research and innovation. Strategically located in the emirate of Sharjah, the SRTIP free zone is a favourite among investors due to the cost-effective license packages. The cost of business setup in SRTIP free zone is highly affordable for all types of businesses.
Moreover, the free zone also provides a special company formation package for women entrepreneurs in the UAE. Business setup consultants in Sharjah can enlighten you further on the business setup packages in the SRTIP-free zone. Read ahead to gain more insights:
The Innovators Package
The Innovators Package has been designed to support the start-ups and growth of innovation-driven companies in the region. Starting from AED 6,000, the Innovators Package is one of the cheapest free zone licenses in the UAE. Benefits of company registration in SRTIP under this package include assistance in company formation, same-day licensing service, and a business license with two activities. You will also get the option to have two shareholders plus the flexibility to upgrade.
Women in Innovation Package
Only a few free zones offer exclusive business packages for women entrepreneurs in the UAE. SRTIP offers a special license package for women called the “Women in Innovation” package. The cost of the SRTIP business package starts from AED 9,000 and is issued to female entrepreneurs specializing in the free zone’s focus areas. The key focus areas of SRTIP are Renewable Energy, Water Management, Environmental Technology, Transport & Logistics, Production Design & Architecture and Digitalization Solutions.
First Step Hi-Tech Office
This package is ideal for start-up businesses less than three years old. The cost of setting up a business in the SRTIP free zone under this package starts from AED 15,000. Business setup consultants in Sharjah can provide you with more information.
Under this package, you can pick your desk, bring a laptop and work in a friendly and inspiring environment within the free zone. under this package, the cost of company incorporation in SRTIP starts from AED 25,000 per year. You can have benefits such as 6 visas per office, a private working area, meeting rooms, a receptionist, free Wi-Fi, 24/7 security and on-site parking.
The SME Office Package
Under this package, you can set up your own 20-27 sqm fully furnished office within the main SRTIP headquarters. The cost of the SME Package starts from AED 50,000 per year. Benefits of company incorporation in SRTIP under this package include 8 visas per office, a private working area, meeting rooms, a receptionist, free Wi-Fi, 24/7 security and on-site parking.
The Ecosystem Office Package
Availing of the Ecosystem Office Package allows setting up your company at SRTI Park headquarters with a 50-80 sqm fully furnished office space. The cost of opening a company in the SRTIP free zone starts from AED AED 110,000 under this package. The benefits of registering a company under this package include a private working area, meeting rooms, a receptionist, free Wi-Fi, 24/7 security and on-site parking.
Innovation Office Package
The Innovation Office Package allows businesses to lease headquarters open area space. The annual cost of opening a company under this package depends on the lease area. The perks of setting up a company in SRTIP under this package include a private working area, meeting rooms, free Wi-Fi, 24/7 security and on-site parking.
Innovation Plot Package
The Innovation Package allows developers and retailers to lease land and establish their projects within SRTIP free zone. The package offers flexible costs defined as per the leased area. The advantages of opening a company under this package include competitive lease rates, plot allocation within prime Sharjah Locations, visas included as per client needs and 24/7 security.
Hire the Best Business Setup Advisers in Dubai, UAE
Even though the process of business setup in SRTIP offers exclusive benefits, foreign investors need to deal with many requirements and regulations. Some of the complex requirements may delay the registration process but business setup consultants in Sharjah such as Jitendra Business Consultants (JBC) can help you. JBC is one of the top providers of business setup services in Sharjah with years of experience. We can help you meet key requirements such as bank account opening, visa processing, and regulatory requirements related to UAE Corporate Tax, Economic Substance Regulations (ESR), Anti-Money Laundering (AML) and Ultimate Beneficial Ownership (UBO) etc.