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Tag: investment

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What are the sectors open to foreign investment in Iran under FIPPA?

Sectors open to foreign investment in Iran are vastly diversified and include all producing activities for the purpose of development in all areas of industry, mining, agriculture and services including tourism sector.

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Are foreign state-owned companies authorized to invest in Iran in accordance with FIPPA?

Foreign state-owned companies may invest in Iran in accordance with FIPPA, and enjoy privileges available under the law.

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Is it possible to extend the validity, and how?

Yes, foreign investor may apply for the extension of the validity of the investment license, prior to expiration, by way of submission of justifiable reasons. The investment board will review the application and determine a new period for importation of…

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Is the validity of the investment license limited time wise?

Yes. Upon the notification of investment license, the foreign investor is required to bring an appropriate portion of his capital into the Country, within a period determined by the investment board on the basis of the peculiarities of the investment…

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How investments by Iranian nationals can be covered under FIPPA?

Investments by Iranian nationals can enjoy privileges of FIPPA on the condition that their capital has been sourced from foreign origin and, further to that; the investor has submitted documentary evidence proving their economic and commercial activities outside the Country.

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Mokran coasts fully secure for investment

Speaking to reporters on the sidelines of the Second International Seminar to Introduce Opportunities of Investment and Sustainable Development in Mokran Coasts, Amir Hatami said Mokran is a safe haven for investment and Iranian armed forces are in the area…

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Investment opportunities in Iran

Since concluding the Joint Comprehensive Plan of Action in 2015, Iran has been able to focus on attracting foreign investment. Ahamad Imandoost updates LBM readers on ten key areas of sect oral opportunity. Oil Iran plans to increase its crude…

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Are there any other facilities and privileges available to foreign investors?

Other facilities and privileges contemplated under FIPPA and its Implementing Regulations are as follows: – Convertibility and transfer ability of the funds resulting from various investment and transfer of technology agreements; – Possibility of submission of investment disputes to international…

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What are protects foreign investment rights and privileges?

Fundamental rights recognized under FIPPA in favor of foreign investors are as follows: – The right to transfer profits (dividends) as well as capital and gains oncapital in foreign exchange; – The right to receive compensation resulting from expropriation (deprivation…

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What law protects foreign investment in the Islamic Republic of Iran?

The law protecting foreign investment in Iran is the Foreign Investment Promotion and Protection Act ratified in 2002 which is hereinafter referred to as FIPPA. The scope of applicability of the FIPPA grants to the territory of the Islamic Republic…