• Company Formation

Sharjah Research Technology and Innovation Park (SRTIP) Free Zone

The SRTIP Free Zone is located in University City, Sharjah. It primarily caters to entrepreneurs and investors interested in research and development, mainly in the technology, healthcare, and sustainability sectors.
Conducting business activities in SRTIP grants business owners access to state-of-the-art infrastructure, including laboratories, modern meeting spaces, R&D facilities, and the opportunity to meet and collaborate with academics, government workers, and innovators.

Advantages of Business Setup in SRTIP

Access to a community of innovators

100% foreign ownership

Large number of permitted activities

No minimum share capital requirement for special purpose companies

Minimal taxes

Access to laboratories and funding opportunities

Dual licensing options

No minimum share capital requirement

Special incentives for women entrepreneurs

State-of-the-art infrastructure

Economical business setup costs

100% repatriation of profits and capital

Versatile office spaces

5 business activities under 1 trade license

Freezone Locations

  • RAKEZ

  • DMCC

  • DIFC Free Zone

  • Sharjah Media City

  • Masdar City Free Zone

  • SRTIP Free Zone

  • Ajman Media City

  • Sharjah Publishing City

  • DWTC

  • JAFZA

  • IFZA DSO

  • SAIF Zone

  • Fujairah Creative City

Business Activities in SRTIP Free Zone

Environmental technology

Waste management technology

Transport & Logistics

Aerospace manufacturing

Automotive manufacturing

Design & engineering manufacturing solutions

Medical devices & wearables solutions

Hospital automation solutions

Insurtech solutions

Big Data & Analytics

Artificial Intelligence

Drones

  • How it works

Steps for Business setup in SRTIP Free Zone

  • Pick a Business Activity

    Business setup in SRTIP starts with choosing a business activity. The free zone offers state-of-the-art facilities designed for innovation and sustainability, so picking an activity related to those fields will give you more chances to connect with the community.

  • Get a Trade Name

    The business name you pick must be in accordance with the UAE’s naming laws, which outline specific criteria. Every free zone authority has a database of names you can consult to make sure your trade name is unique. Generally, you must submit at least three names for consideration during the setup process.

  • Apply for a Trade License

    You can get a trade license in SRTIP Free Zone in the following categories: trading, industrial, and service. You will need to submit a business plan along with copies of the shareholder(s) and director(s) personal information.

  • Apply for Visa(s)

    Your visa quota in the SRTIP Free Zone will depend on your office location and business needs. You can only start the visa application process after your trade license has been issued.

  • Open a Bank Account

    Bank account opening for starting a company in a free zone might get complicated. Not every bank provides services to free zone businesses so having an expert on your side who has good relationships with banking service providers can be useful.

We Work Closely With All Government Agencies

We’re always on the same page with government agencies, working together to get the job done!
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Frequently Asked Questions About Emna Capital

Here are some common questions we receive about our financial solutions

What type of UAE companies can I start?

The UAE allows you to set up your business in the free zone, offshore or Business setup in mainland requires a local sponsor and the license is issued by DED. Free zone companies can operate within a limited geographical region and the license is issued by particular free zone authority.

Offshore businesses in UAE allow your company to trade outside UAE as well as take efforts to safeguard your wealth and assets. Offshore companies get a certificate of incorporation and not a trade license. All types of companies can be started in UAE and more than a thousand activities are allowed by the Economic Department.

How to renew my business license in the mainland?

If you want to renew your Dubai commercial license, the applicant should submit the DED registered certificate with the necessary approval from the Ministry of Economy and National Media Company. If you want to renew your Dubai trade license, then you should submit a valid Ejari certificate and other lease contracts.

Emna Capital supports entrepreneurs in obtaining their business license in Dubai and timely renewal of the same.

Why should I start my company in UAE?

UAE is a perfectly located biggest market of the world. It serves as a perfect destination to invest in different kinds of business. The business owners are free from taxes and they can expect exceptional logistics in all the emirates. You don’t have any capital restrictions while starting your business. Financial freedom is an attractive point that brings in employees from foreign districts.

UAE has mind-blowing business opportunities; business setup Consultant in UAE can guide you through the entire company formation process!

How long will it take to setup a free zone company?

Being a trustworthy and professional business consultant, we ensure fast and reliable business setup in free zones. Usually, it takes around 3 to 10 days to setup your free zone company; it may differ according to the selected free zone. We make sure that all your documents are legal and concerned authorities have attested them.

If you’re not consulting a business consultant, it will take up to few weeks and it’s becomes difficult to clear all the legal procedures. So, consider Emna Capital for your free zone business setup!

How to start an LLC company in UAE?

To establish your LLC Company in Dubai mainland or anywhere else in UAE, you have to reserve a trade name and other necessary preliminary approvals from concerned authorities. You get an MOA from the company and also, submit the lease contract to the licensing authority. Also, find a local partner and rented office space to start your business.

What kind of company structure should I choose?

This depends on your needs, as well as the needs of your business. You could set up your company as a Sole Establishment (this is the same as a Sole Proprietorship), as a Limited Liability Partnership, a Limited Liability Company, a Private Limited Company, or a Professional Services Company.

You also have the option of setting up your company on the mainland, in a free zone (only limited liability company structures are permitted here), or offshore.

Do I need to rent an office for my business?

A physical presence is mandatory for companies established on the mainland and in free zones. However, an offshore company is not permitted to lease office space in the UAE.

The good news is that there is affordable office space for everyone. If you want to keep your initial costs down, you could look at renting an office or any number of dedicated desks in a co-working space on the mainland. These are all fully furnished and ready to move in. In a free zone, you need to rent at least a desk in a shared office space. The added advantage is the some free zones allow you rent a flexi-desk, that is a desk you will be using for say, ten hours in a week. You still get your dedicated PO Box so that you have a unique address.

How to identify the best business setup consultants in Dubai?

To identify the best business setup consultants in Dubai, look for the following parameters:

Expertise: Professionals and industry experts can customize your experience according to your requirements.
Local Knowledge: Consultants who have worked with the local rules and regulations and made businesses thrive are the best to go after for your needs.
Quick & Effective: Fast setup with effective and comprehensive solutions make the process hassle-free.
Emna Capital is a superbrand known for the three parameters.

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