Head-to-Head Comparison
| Feature | RAKMC | SRTIP |
|---|
| Full Name | RAK Maritime City | Sharjah Research Technology and Innovation Park |
| Emirate | Ras Al Khaimah | Sharjah |
| Specialty | Maritime, shipping | Technology, R&D |
| Cheapest Year 1 | AED 20,000 | AED 13,500 |
| Cheapest Package | RAKMC Trading License | SRTIP Startup |
| License Fee (from) | AED 8,000 | AED 10,000 |
| Visa Cost Range | AED 4,000-AED 5,500 | AED 4,000-AED 5,500 |
| Notable | Port and maritime services | Innovation and research hub |
All Packages Compared
RAKMC Packages
| Package | Year 1 | Visas |
|---|
| RAKMC Trading License | AED 20,000 | 2 |
| RAKMC Industrial | AED 50,000 | 5 |
SRTIP Packages
| Package | Year 1 | Visas |
|---|
| SRTIP Startup | AED 13,500 | 1 |
| SRTIP Standard Office | AED 35,000 | 3 |
| SRTIP Lab Space | AED 67,000 | 5 |
Verdict
SRTIP is the more affordable option, starting from AED 13,500 compared to AED 20,000 for RAKMC. However, RAKMC may offer advantages in terms of maritime, shipping.