Introduction: Sharjah Research Technology and Innovation Park
In the fast-paced world of business, innovation is the key to staying ahead. For entrepreneurs and visionaries, Sharjah Research Technology and Innovation Park (SRTIP) emerges as a strategic choice for establishing their companies. Let’s delve into the compelling reasons why SRTIP is the ideal destination for forward-thinking businesses.
1. Cutting-Edge Research Fields
SRTIP provides an innovative ecosystem with a focus on six cutting-edge research fields:
a. Renewable Energy
Emphasis on solar thermal energy, waste-to-energy technologies, smart grids, energy storage, and biofuel production.
b. Water Management
Involves purification and desalination technologies, water recycling, wastewater treatment, water monitoring, conservation, and artificial rainmaking technologies.
c. Environmental Technology
Opportunities in waste containment and remediation technologies, green building construction, and equipment.
d. Transport & Logistics
Research areas include high-performance materials, sensor technologies, mobility systems, autonomous vehicles, and urban planning.
e. Digitalization
Encompasses big data, the Internet of Things (IoT), quantum computing, and smart city applications.
f. Smart Manufacturing
Facilitates activities such as robotics, artificial intelligence, rapid prototyping, digital fabrication, advanced building materials, and contemporary Arabic architecture.
2. Business Setup Packages at SRTIP
SRTIP offers tailored business setup packages catering to diverse needs:
a. Maktabi Package
- Perfect for freelancers and startups.
- Features furnished office space, three desks, six visas, meeting rooms, Wi-Fi, 24/7 security, and parking.
- Cost: Starting from AED 25,000 per year.
b. Women in Innovation Package
- A subsidized solution for women entrepreneurs.
- Benefits include exclusive access to the Innovation Lounge, fast-track setup, networking events, and more.
- Cost: Starting from AED 9,000.
c. Startup Office Package
- Designed for startup ventures with a 16 sqm office, designated desk, shared workspace, three visas, meeting rooms, Wi-Fi, 24/7 security, and parking.
- Cost: Starting from AED 25,000 per annum.
d. SME Office Package
- For SMEs, offering a 27sqm fully furnished office, four desks, eight visas, meeting rooms, receptionist services, Wi-Fi, 24/7 security, and parking.
- Cost: Starting from AED 50,000 per annum.
e. First Step Hi-Tech Office
- Exclusive for businesses less than three years old.
- Includes unlimited access to the Innovation Lounge, networking events, fast-track setup, and more.
- Cost: Starting from AED 15,000.
f. Ecosystem Office
- Fully furnished office spaces (50-80 sqm) with benefits like ten visas, private working area, receptionist services, 24/7 security, and more.
- Cost: Starting from AED 110,000.
g. Innovation Plot
For developers and retailers, offering competitive lease rates, plot allocation, customizable visas, and 24/7 security.
License Packages:
Mix match 5 activities:
2 years 0 visa package AED 5,500/-
2 years 1 visa package AED 13,990/-
3 years 0 visa package AED 13,200/-
Note: Maximum 6 visa can be applied
3. Advantages of Business Setup in SRTIP
a. Complete Control and Ownership
Enjoy 100% ownership of your business.
b. Tax Benefits
Exempt from corporate and personal taxes.
c. Repatriation of Capital and Profits
Facilitates the repatriation of complete capital and profits earned.
d. Networking Opportunities
Access to a vibrant community of students, researchers, and industry professionals.
e. Dual License for Mainland Expansion
Expand your business seamlessly into the mainland with a Dual License.
4. Compliance Requirements
Stay compliant with Economic Substance Regulations (ESR), Ultimate Beneficial Ownership (UBO), and Anti-Money Laundering & Combatting Financing of Terrorism (AML-CFT) regulations.
Conclusion: Your Innovation Journey Begins with Alfazone
In navigating the intricate landscape of SRTIP, Alfazone stands as your strategic partner. Our business setup consultants specialize in ensuring a smooth and successful incorporation process. Choose innovation, choose SRTIP, choose Alfazone for a future-forward business venture.
