Sharjah Research, Technology and Innovation Park (SRTIP)
SRTIP is a Sharjah-based free zone with packages starting from AED 5,500, supporting up to 10 visa allocations, and moderate banking access. Sharjah Research, Technology and Innovation Park (SRTIP) is a Sharjah innovation free zone adjacent to University City targeting R&D, technology, and future-focused industries. Official pricing lists a Zero Visa Package at AED 5,500, with visa bundles at AED 13,990 (1 visa) and AED 17,795 (2 visas), plus 1,500+ approved activities and a fully digital setup pathway.
From
AED 5,500
Established
2016
Companies
2,000
Max Visas
10
Banking
Moderate
SRTIP Packages & Pricing
| Package | License | Visas | Office | Year 1 Total | Renewal |
|---|---|---|---|---|---|
| Zero Visa Package Multi-year packages (2, 3 & 5 years) marketed on SRTIP landing pages; pricing varies by configuration. | AED 5,500 | 0 | Virtual | AED 5,500 | AED 5,500 |
| One Visa Package Multi-year packages (2, 3 & 5 years) marketed on SRTIP landing pages; pricing varies by configuration. | AED 13,990 | 1 | Virtual | AED 15,190 | AED 9,910 |
| Two Visa Package Multi-year packages (2, 3 & 5 years) marketed on SRTIP landing pages; pricing varies by configuration. | AED 17,795 | 2 | Virtual | AED 20,195 | AED 12,160 |
| SME Office (4 Visas — Modeled) | AED 50,000 | 4 | Private Office | AED 81,115 | AED 58,875 |
Pros & Cons
What we like
- Very competitive official pricing: Zero Visa AED 5,500; One Visa AED 13,990; Two Visa AED 17,795
- Fast setup: 7-10 working days from application to license
- 1,500+ approved activities with up to 5 activities per license
- Innovation ecosystem: prototyping labs (SoiLab), accelerator programs, angel investor network
- Dual licensing explicitly promoted for free zone + mainland operations
- No paid-up share capital requirement
- 2,000+ companies in the ecosystem with major innovation partnerships
- Bank account opening supported via ecosystem introductions and documentation help
Watch out for
- Office pricing for co-working, SME offices, and larger spaces requires quotation — not publicly published
- Visa bundle line-item details (medical, status change, deposits) not fully enumerated on official pages
- Dual licensing adds complexity and additional approvals/costs depending on activity
- Banking for innovation or cross-border businesses can be compliance-heavy
- Some consultancy sources publish different starting figures due to bundled service fees
Visa Information
Max Quota
10 visas
Processing Time
10 days
Renewal Cost
AED 5,560
Every 2 years
Dependent Visa
AED 3,500
Available Visa Types
Visa Cost Breakdown
Employee Visa
AED 5,560
Investor Visa
AED 5,560
Medical Standard
AED 450
Medical VIP
AED 850
Emirates ID Typing
AED 390
SRTIP states setup can take 7-10 working days from application to license. Visa processing adds time for medical, biometrics, and stamping.
Banking
Partner Banks
Expect 2-6 weeks. SRTIP Accelerator can support bank account opening with documentation and introductions. Prepare contracts, website, pitch deck, invoicing plan, and source-of-funds narrative.
Features
Mainland Trading
Physical Office Required
Dual License Allowed
Crypto Friendly
Shared Ownership
Free Zone to Mainland
Online Portal
Co-working Available
Audit Required
Share Capital Requirement
None required (no paid-up share capital requirement promoted on SRTIP pages)
Special Ecosystems
Location
Recent Developments
- August 2025: SRTIP publishes official package prices (0 visa AED 5,500; 1 visa AED 13,990; 2 visas AED 17,795) with 7-10 working day setup
- May 2025: SRTI Park showcases industrial innovation at Make it in the Emirates 2025
- March 2025: SRTI Park highlights AI, innovation and smart technology trends at workshop
- September 2024: SRTI Park backs Sharjah Investment Forum (SIF) 2024
- January 2024: SRTIP signs MOUs with WBAF and Yildiz Technopark for angel investment ecosystem
Frequently Asked Questions
How much does an SRTIP license cost in 2026?
SRTIP's official pricing lists a Zero Visa Package at AED 5,500, One Visa at AED 13,990, and Two Visa at AED 17,795.
How much does the SRTIP 1 visa package cost all-in for Year 1?
Using the authority price of AED 13,990 and adding basic insurance (~AED 1,200), the Year 1 estimate is AED 15,190. The package includes Emirates ID and e-channel registration.
How long does SRTIP company setup take?
SRTIP states 7-10 working days from application to license. Timelines can extend if external approvals are required for regulated activities.
How many activities can I have on an SRTIP license?
Up to 5 business activities per license, with 1,500+ approved activities available across the zone.
Is SRTIP dual license available?
Yes — SRTIP explicitly promotes dual licensing (free zone + mainland) on its landing pages. Additional approvals and fees apply depending on the activity.
Is there a minimum share capital for SRTIP?
No — SRTIP promotes no paid-up share capital requirement on its official landing pages, supporting lean startup setups.
Is SRTIP good value compared to other UAE free zones?
At AED 5,500 for a 0-visa license, SRTIP is among the lowest official entry points in the UAE, with access to innovation ecosystem, prototyping labs, and accelerator programs. Main trade-offs are office pricing requires quotes and banking can be compliance-heavy.
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Starting From
AED 5,500 /yr