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SRTIPS Company Formation
Sharjah has emerged as a significant industrial hub in the UAE, attracting considerable attention due to its strategic importance. In 2016, the region saw the establishment of the Sharjah Research, Technology, and Innovation Park (SRTIP) Free Zone, which has since become a magnet for foreign investors worldwide. Renowned for its cutting-edge expo systems, the SRTIP Free Zone has been a fertile ground for research and development since its inception.
The free zone’s strategic location is crucial in meeting clients’ needs, providing investors with access to world-class facilities and business licenses. Additionally, SRTIP Free Zone is an excellent choice for those seeking an affordable business setup. It offers a conducive environment to foster creativity, supported by top-notch infrastructure and advanced technology services. This innovative ecosystem not only enhances business growth but also boosts Sharjah’s global standing.
Advantages Of SRTIPS Company Formation
- Innovative Ecosystem: SRTIP offers a learning-focused environment that enhances infrastructure and efficient services, driving your success.
- More Employment Opportunities: The free zone creates ample employment opportunities, contributing to positive socio-economic development.
- Future Investment: Investing in SRTIP provides a promising future investment. The continually growing public sectors foster socio-economic development and ensure a stable revenue system.
Process
Choose Business Activity
Identify the business activities you will conduct.
Select Company Structure
Decide on a Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.
Register Company Name
Choose and register your company name with STRIPS.
Prepare Documents
Gather necessary documents, including passport copies, a business plan, and proof of address.
Submit Application
Complete and submit your application and documents to STRIPS.
Lease Office Space
Secure office space within STRIPS Free Zone.
Obtain Business License
Receive your business license after approval.
Open Bank Account
Open a corporate bank account in the UAE.
Apply for Visas
Obtain residence and work visas for yourself and employees.
DOCUMENTS
3 -Optional Trade names of the company (on the basis of your preference)
Passports copy of Shareholder(s)
Visa page copy/entry page copy of shareholder(s)
Visa page copy / Entry page copy of Manager
List Of Activities
Visa Packages
License Fees
AED
5,500
0 VISA PACKAGE
Immigration
NA
Partner Visa
NA
Employment
NA
License Fees
AED
11,070
1 VISA PACKAGE
Immigration
2,920 AED
Partner Visa
3,580 AED
Employment
4,040 AED
License Fees
AED
15,075
2 VISA PACKAGE
Immigration
2,920 AED
Partner Visa
3,580 AED
Employment
4,040 AED
MULTIPLE YEARS LICENSE PACKAGES
| License Fee | Zero Visa |
|---|---|
|
Three Years |
13,200 AED |
License Amendment Fees
| Sr.No. | Description | Fees |
|---|---|---|
|
1. |
Amendment of activity |
2200 AED |
|
2. |
Amendment of shareholder |
2200 AED |
|
3. |
Amendment of manager |
2200 AED |
|
4. |
Amendment of Visa package |
2200 AED |
|
5. |
Amendment of MOA |
2200 AED |
|
6. |
Amendment of Share Capital |
2200 AED |
Terms And Conditions Of Freezone
- Mandatory Health Insurance cost to be paid separately to Insurance company.
- 50 shareholders included per license package with no general restrictions imposed, maximum number of shareholders is subject to the approval of the Authority.
- Late license and Establishment card renewal fine applicable after initial 30-day grace period and AED 1,000 per month for every month thereafter.
- No requirements for physical office space, annual audits, paid up share capital requirements.
- In Media Package up to 5 Activities from the Media list only, e-commerce will be in Media.
- Standard 5 Activities can be included from any category for example Trading & 4 other desired activities.
Testimonial
Mona Kamal
Founder & CEO
Mona Kamal
Founder & CEO
Mona Kamal
Founder & CEO
Mona Kamal
Founder & CEO
Mona Kamal
Founder & CEO
FAQ
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