RAKEZ vs SRTIP
Ras Al Khaimah Economic Zone compared to Sharjah Research Technology and Innovation Park
Head-to-Head Comparison
| Feature | RAKEZ | SRTIP |
|---|---|---|
| Full Name | Ras Al Khaimah Economic Zone | Sharjah Research Technology and Innovation Park |
| Emirate | Ras Al Khaimah | Sharjah |
| Specialty | General business, manufacturing | Technology, R&D |
| Cheapest Year 1 | AED 9,000 | AED 13,500 |
| Cheapest Package | RAKEZ Starter (0 visa) | SRTIP Startup |
| License Fee (from) | AED 6,000 | AED 10,000 |
| Visa Cost Range | AED 4,000-AED 5,500 | AED 4,000-AED 5,500 |
| Notable | 4,000+ activities, 50+ sectors | Innovation and research hub |
| Website | www.rakez.com | www.srtip.ae |
All Packages Compared
RAKEZ Packages
| Package | Year 1 | Visas |
|---|---|---|
| RAKEZ Starter (0 visa) | AED 9,000 | 0 |
| RAKEZ 1 Visa | AED 15,500 | 1 |
| RAKEZ 2 Visa | AED 19,500 | 2 |
| RAKEZ Office | AED 30,500 | 6 |
| RAKEZ Industrial | AED 51,000 | 10 |
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 9,000 for RAKEZ. However, RAKEZ may offer advantages in terms of general business, manufacturing.