Sharjah
OASIS FOR TECHNOLOGY
About Sharjah Oasis for Technology and Innovation
Innovating the Future, Empowering Tomorrow
Established in 2016, Sharjah Oasis for Technology and Innovation (SOTI) is a world-class free zone established through the merger of Sharjah Oasis for Technology and Sharjah Oasis for Innovation and operates under the umbrella of Sharjah Research, Technology, and Innovation Park (SRTIP) and is now mostly known by this name.
Being one of the newest free zones in the country it has some of the best facilities and infrastructure and is focused on promoting academics, research, & innovation in combination with growing small and medium businesses. The combination of these two has resulted in industries like Advanced Manufacturing, Healthcare Solutions, Digitalization, and Sustainable Environment Technology popping up in the zone.
In addition to being a major business hub in the region Sharjah Oasis for Technology and Innovation (SOTI) also focuses on education and research thanks to Sharjah Oasis for Technology and Sharjah Oasis for Innovation and is home to 22 educational institutions like the University of Sharjah, where thousands of students come to study every year.
Why Sharjah Oasis for Technology and Innovation?
Sharjah Oasis for Technology and Innovation (SOTI) is perfectly located between three major continents, Asia, Europe, and Africa. This makes it a perfect logistics and trade hub and the goods manufactured here can easily and quickly be transferred to all the major locations in the world thanks to its direct access to major sea and airports.
With initiatives like the Sharjah Advanced Industry Accelerator (SAIA) and Business Angels Network Meetup and all the free zone perks like zero taxes and complete ownership of business for foreign companies, it provides a great opportunity to establish themselves in the zone and grow quickly and effectively.
Benefits of Setting Up a Business in Sharjah Oasis for Technology and Innovation
Innovation Ecosystem
With Sharjah Oasis for Innovation, there is a huge focus on innovation, research & development, and all the infrastructure in the zone is geared towards this.
SoiLab
The main drivers of research and development in the zone are the state-of-the-art labs called the SoiLab that house the brightest minds and the most talented and experienced professionals.
Venue Hire
Sharjah Oasis for Technology and Innovation (SOTI) has many world-class facilities like The Colosseum, 39 Clouds, Park Oasis, and Innovation Lounge that can be hired for events.
Free Zone Benefits
Being a free zone company in Sharjah Oasis for Technology and Innovation (SOTI) enjoy total tax exemptions and retain complete ownership of their business.
Sustainability
A huge focus of this free zone is to be environmentally conscious and its infrastructure is geared towards creating long-term economic sustainability for businesses operating here.
Networking Opportunities
With thousands of companies and many top educational institutes operating in the zone, it creates a unique opportunity for businesses to network and expand.
Business Activities in Sharjah Oasis for Technology and Innovation
Business activities in this zone are research and innovation-oriented with industries like advanced manufacturing that have robust Design & Engineering capabilities and precision manufacturing. A huge portion of the zone is also dedicated to healthcare solutions like manufacturing of Medical Devices & Wearables Medical Devices & Wearables and lastly, many companies are involved in research in the digital arena like the Internet of Things, Blockchain Technology, and Artificial intelligence.