Sharjah Research, Technology, and Innovation Park Free Zone

About Sharjah Free Zone

Given the different accessible jurisdictions in the UAE, Sharjah Free Zones are one of the popular choices for company creation among new entrepreneurs. Because Sharjah is regarded as representing the cultural and historical side of the UAE, it opens the way for future small and medium-sized firms to participate in the market. Opening a business in the Emirate is likewise thought to be easier than the rest. Sharjah, the UAE's third largest Emirate, is a growing economic zone that offers several benefits to business owners and start-ups. With the opening of its Free Zones, namely Shams (Sharjah Media City) and SPC (Sharjah Publishing City), Sharjah has been on a fast-track to steer its economy by revolutionising industrial and commercial sectors.

By providing human-centric experiences, Sharjah takes a holistic and balanced approach to economic and social growth. This range of strengths is the ideal formula for a collaborative connection between academics, the commercial sector, and the public sector in order to promote knowledge-intensive firms and generate long-term sustainable revenue for the Emirate.

Sharjah Research, Technology, and Innovation Park Free Zone – Company Formation

The Sharjah Research, Technology, and Innovation Park Free Zone (SRTIP), established in 2016 by royal decree of H.H. Sheikh Sultan Bin Muhammad Al Qasimi, Ruler of Sharjah, United Arab Emirates, aims to develop and manage an innovation ecosystem that promotes Research and Development and supports enterprise activities as well as the triple helix collaboration of industry, government, and academia.

Sharjah has been heavily investing in academia for the past 30 years, as per the vision of His Highness, who launched The University City & SRTI Park to transform Sharjah into an innovation capital:

  • $1.5 Billion annual investment in education
  • 18 colleges & institutions
  • 47,000 students
  • 2000 Ph.D. Holders
  • 100 nationalities
  • University City - a test bed for pilot projects

Reasons to set up a business in Sharjah Research, Technology, and Innovation Park Free Zone

Sharjah Research, Technology, and Innovation Park Free Zone is a unique location for startups to build their businesses in a supportive environment. It offers an ideal atmosphere for innovation and creativity. We present some reasons to set up a business in this UAE free zone:

  • 100% foreign ownership
  • 0% corporate and personal income taxes
  • 0% import and export tariffs
  • Open Gate Free Zone Access Freedom to repatriate capital and profits
  • Fostering academia-industry partnerships
  • Access to researchers & students from University City Access to local, regional, and international markets
  • Critical mass of sector knowledge and talent

Research area

The park focuses on 6 research areas vital to Sharjah, UAE and the Region which are key to establish Sharjah’s knowledge economy.

1. Renewable Energy

  • solar thermal energy technologies
  • waste to energy technologies
  • smart grids and energy storage
  • biofuel production technologies

2. Water Management

  • purification and desalination technologies
  • water recycling and waste water treatment
  • water monitoring and conservation
  • artificial rain making technologies
  • aquaculture

3. Environmental Technology

  • waste containment and
  • remediation technologies

4. Transport and logistics

  • high performance and advanced materials
  • sensor technologies
  • mobility systems and autonomous vehicles
  • marine and air freight technologies
  • urban planning systems

5. Production Design & Architecture

  • robotics and artificial intelligence
  • rapid prototyping and digital fabrication
  • building and construction materials
  • production and factory planning
  • contemporary Arabic architecture

6. Digitalization Solutions

  • big data
  • internet of things
  • quantum computing
  • smart city applications and solutions

Business Support services

Sharjah RTI Park provides completely integrated services to meet your business needs at each stage of your journey. A variety of Business Support services are available to assist you in achieving your objectives, including application, company registration, space leasing, and business licensing.

How to set up a business in Sharjah Research, Technology, and Innovation Park Free Zone

The three essential steps in setting up a business in Sharjah Research, Technology, and Innovation Park Free Zone:

  • Submitting Applications and Business Documents to Government Authorities
  • Registering Business and getting a trade license (based on business activity)
  • Paying the required charges and getting approval from all legal authorities.

Sharjah has developed into a major industrial, economic, and educational center over the years. This range of strengths is the ideal formula for a collaborative connection between academics, the commercial, and public sectors to promote knowledge-intensive firms and generate long-term sustainable revenue for the Emirate.

Get professional advice from our experts for setting up a business in Sharjah Research, Technology, and Innovation Park Free Zone

They will be happy to give you the advice that you need and will most likely already have experience in setting up your business type. It pays to rely on professionals who will give you the proper sound advice that you can trust. Your company’s legal framework is important to get right.

Our business advisers have been setting up new businesses in UAE for years and know all the ins and outs. From assessing your requirements – right up to getting your business started in SRTIP. we will be there for you during the entire process.

If you need information regarding setting up a business in Sharjah Research, Technology, and Innovation Park Free Zone, our local advisors are happy to assist you. We are always open to your inquiries, comments and suggestions that may help us serve you in a better way.

We look forward to doing business with you!