VERIFIED 2026 · ALL-IN · FORMENZO PRICE ORACLE

SRTIP or RAKEZ — which is cheaper with 1 visa in 2026?

With one residence visa, SRTIP is cheaper: AED 12,500 all-in versus AED 14,000 for RAKEZ — a difference of AED 1,500. Both include the licence, government fees, setup service and the full visa block, with 100% foreign ownership and licences in 3–8 working days.
Zone · licence + 1 visaAll-in price
SRTIP (Sharjah)AED 12,500
RAKEZ (Ras Al Khaimah)AED 14,000
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Reading the AED 1,500 difference

At one visa the packages sit close together: SRTIP at AED 12,500 all-in against RAKEZ at AED 14,000, each covering the licence, authority fees, setup service and a complete visa block. SRTIP — the Sharjah Research, Technology and Innovation Park — is also the zone where Formenzo itself is licensed, so its fee schedule is the one we know from the inside.

Who picks which

SRTIP draws founders with a technical slant: software and AI developers, engineering consultants, and product businesses that value a science-park address near Sharjah's universities. RAKEZ appeals to sole traders and small commercial operations anchored in Ras Al Khaimah, or to founders who simply prefer its long record as a general-purpose zone.

Two things founders ask

Which is cheaper with no visas at all? SRTIP again — AED 5,500 all-in against AED 6,000 for a licence-only RAKEZ setup.

Does RAKEZ ever overtake SRTIP? Yes, as visas stack up. At two visas they nearly meet — AED 17,795 versus AED 18,000 — and at three RAKEZ is the cheaper zone: AED 22,000 against SRTIP's AED 26,035.

Related: all price answers · full 2026 price index

Source: Formenzo open dataset 2026 (CC-BY 4.0) · all-in = licence + government fees + setup service + full visa block · prices locked 14 days, confirmed in writing · compare all 9 zones

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