Sharjah Research, Technology, and Innovation Park Free Zone (SRTIP) License for sale

Frequently Asked Questions: Buying an SRTIP Company in Sharjah

What are the advantages of acquiring a company in SRTIP Sharjah?

SRTIP is Sharjah’s premier innovation ecosystem focused on advanced manufacturing, AI, green tech, and intellectual property. Acquiring an SRTIP entity grants access to specialized labs, university partnerships, and tech grants.

What business activities are supported in SRTIP?

Activities include 3D printing, artificial intelligence, biotechnology, renewable energy, smart mobility, logistics tech, and scientific research.

What is the typical acquisition cost of an SRTIP company?

SRTIP shelf entities typically cost between AED 18,000 to AED 42,000 depending on vintage, visa allocations, and attached corporate banking.

How long does a share transfer take in SRTIP?

The digital share transfer process takes 3 to 5 business days through the SRTIP customer portal.

What office facilities are available for SRTIP companies?

SRTIP provides modern co-working hubs, high-tech maker spaces, open labs, and dedicated corporate suites inside its state-of-the-art innovation campus.

Can foreign investors own 100% of an SRTIP company?

Yes. SRTIP allows 100% foreign ownership with zero personal taxes and full repatriation of profits.

Can an acquired SRTIP entity sponsor UAE residency visas?

Yes. Companies can sponsor 2-year renewable investor and tech specialist residency visas through the Federal ICP authority.

Is an annual financial audit mandatory for SRTIP entities?

No. Standard commercial and consulting licenses in SRTIP do not require mandatory annual audited financial reports for basic renewals.

Can an SRTIP entity open a corporate bank account with Dubai banks?

Yes. SRTIP entities are accepted across all major UAE financial institutions, including Emirates NBD, Mashreq, and digital banks.

Can the acquisition of an SRTIP company be completed 100% remotely?

Yes. Foreign buyers can complete all KYC verification and execute the digital transfer without traveling to the UAE.

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