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Business Setup in SRP

Thinking about launching your next big venture in the UAE? You might want to turn your focus to SRP—Sharjah Research, Technology, and Innovation Park. Known for its futuristic infrastructure, academic partnerships, and innovation-driven culture, business setup in SRP is becoming the go-to choice for startups, SMEs, and R&D-focused firms.

This guide unpacks everything you need to know—from company formation in SRP, licensing, and business setup cost in SRP, to the best business setup packages in SRP.



Why Entrepreneurs Are Choosing SRP

SRP isn’t just another free zone. It’s a thriving innovation ecosystem designed to support businesses that want to change the world—or at least their industry.

Innovation and Sustainability

SRP supports businesses in clean energy, water management, environmental tech, digitization, and beyond. If you’re building something forward-thinking, SRP wants you.

Strategic Sharjah Location

Just 10 minutes from Sharjah International Airport and close to Dubai, SRP gives you quick access to the entire UAE and global markets. Location-wise, it’s a winner.

Government Support and Incentives

The park is backed by the Sharjah government and partnered with leading academic institutions. That means access to talent, R&D labs, and government-backed incentives for innovators.

Types of Companies You Can Start in SRP

Your business model determines your company type. SRP welcomes various entities under its innovation-friendly framework.

Free Zone Entity

Enjoy 100% foreign ownership, zero income tax, and customs exemptions. Most startups and tech firms go this route.

Innovation-Based Startups

SRP encourages deep-tech, AI, IoT, and cleantech startups. It even offers acceleration programs and academic partnerships.

Tech and Industrial Firms

Whether you're into 3D printing, robotics, or materials science, SRP provides manufacturing and prototyping space designed for industry 4.0.

Business Setup Cost in SRP

Let’s break down the numbers. Your business setup cost in SRP depends on your license, space, and visa needs.

License and Registration Fees

  • Standard License: Starts from AED 5,500/year

  • Innovation License: AED 7,500 to AED 15,000/year

  • Industrial License: AED 12,000+ (based on activity)

These cover your business registration, name approval, and basic setup.

Office and Facility Costs

Choose from flexible spaces:

  • Hot Desk: From AED 7,000/year

  • Dedicated Desk: AED 10,000–12,000/year

  • Private Office: AED 15,000–30,000/year

  • Lab or Warehouse Space: Custom pricing based on usage

Visa and Immigration Costs

If you plan to live or hire in the UAE:

  • Investor Visa: AED 3,500–5,000

  • Employee Visa: AED 4,000–6,000 per person

  • Visa Quota: Based on office size and license type

So, your total business setup cost in SRP could start from as low as AED 10,000 or go much higher, depending on scale.

Business Setup Packages in SRP

SRP makes life easier by offering business setup packages tailored to every stage of your entrepreneurial journey.

Startup Packages

Great for solo founders and innovators. These include:

  • Innovation License

  • Hot desk access

  • 1 visa quota

  • Business support

Starting from AED 9,000/year

SME Packages

Perfect for growing teams:

  • Shared or private office

  • Multiple visa quotas

  • Licensing

  • Access to innovation labs

Starting from AED 18,000/year

Tailored Corporate Packages

Need custom warehouse space or a tech lab? SRP works with larger firms to create a full-scale base of operations—complete with R&D and government liaisons.

Step-by-Step Company Formation in SRP

Here’s how company formation in SRP works from start to finish:Choose Business Activity

Pick a business activity from SRP’s approved list. This will guide your license type.

Decide Legal Structure

Common types include:

  • Free Zone Establishment (FZE) – single shareholder

  • Free Zone Company (FZC) – multiple shareholders

  • Branch of foreign company

Reserve Trade Name

Choose a name that reflects your brand. Avoid religious, political, or offensive terms.

Submit Application

Provide all necessary documents (we’ll list these below), pay initial fees, and await approval.

Choose a Facility

Select your workspace—hot desk, office, lab, or warehouse. This affects visa quota too.

Finalize Licensing

Once approved, you’ll get your official license and registration certificate.

Apply for Visas

Apply for investor or employee visas, including medical, Emirates ID, and residence stamping.

Boom—you’re operational in one of the UAE’s most exciting innovation parks.

Documents Required for Company Formation in SRP

To set up, you’ll typically need:

  • Passport copy (all shareholders)

  • Visa copy or entry stamp

  • Passport-sized photos

  • Business plan (for some activities)

  • Proof of address (utility bill or lease agreement)

  • NOC if you're already on a UAE visa

Make sure all documents are in English or Arabic—and notarized, if needed.

Benefits of Company Formation in SRP

Let’s talk perks. Here’s why SRP is attracting founders from all over:

  • 100% foreign ownership

  • No personal or corporate income tax

  • Cutting-edge infrastructure

  • Access to university R&D facilities

  • Affordable setup and rent

  • Sustainable and smart environment

  • Government and academic partnerships

  • On-site visa and licensing services

It’s not just about opening a business—it’s about building something that lasts.

Common Mistakes to Avoid During Setup

Before you dive in, here are some rookie mistakes to steer clear of:

  • Choosing the wrong license for your business activity

  • Underestimating total costs (like visa renewals)

  • Ignoring visa quota limitations based on office size

  • Skipping the business plan (some activities require it)

  • Not planning for annual renewals and compliance

Getting expert help or using SRP’s business consultants can help you avoid these hiccups.

How SRP Supports Innovation and Growth

SRP isn’t just a place to register your company—it’s a full-blown innovation ecosystem. You get access to:

  • Smart labs and 3D printing facilities

  • Sharjah Open Innovation Lab

  • Entrepreneurship training programs

  • Women in Tech and STEM initiatives

  • University research and student internship networks

  • Clean energy incubators

It’s like launching your company inside a university-meets-tech campus—with global vision.

Final Thought 

Setting up a business in SRP is more than a legal process—it’s a strategic move into a future-focused innovation hub. Whether you're launching a solo startup or scaling a high-tech manufacturing firm, SRP offers the infrastructure, affordability, and support you need.

With flexible business setup packages in SRP, a clear company formation process, and competitive business setup cost in SRP, there’s never been a better time to get started.

Ready to take the leap? SRP is ready for you.

FAQs

What is the minimum cost to set up a business in SRP?
Business setup in SRP starts from as low as AED 9,000, including a license and shared workspace.

Can I own 100% of my company in SRP as a foreigner?
Yes, SRP allows 100% foreign ownership for all free zone companies.

How long does it take to set up a company in SRP?
Most businesses are set up within 3 to 7 working days, depending on documentation and approvals.

Do I need a local sponsor for company formation in SRP?
No, a local sponsor is not required for free zone businesses in SRP.

What industries does SRP focus on?
SRP specializes in renewable energy, water technology, environmental science, advanced manufacturing, and digital transformation.


Location: United Arab Emirates

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