Based on the current laws of the country, foreign investment is allowed in Islamic Republic of Iran. Any foreign investor can invest capital in any areas, including industry, mining, agriculture and services, for the purpose of development, prosperity and performing production activities.
Iran’s economy is characterized by its hydrocarbon, agricultural, and service sectors, as well as a noticeable state presence in the manufacturing and financial services. Iran ranks second in the world for natural gas reserves and fourth for proven crude oil reserves. So these fields will be proper for investment.
In addition to Foreign Investment Law and its Executive By-law which provide the basic rights of foreign investor, the investors shall be aware of other laws as well including Trades Law for Joint Stock Company, Export and Import Laws, Direct Tax Act, Customs regulations, Labor Law for information on the procedure of using services of foreign nationals, Patents and registry of trademarks and inventions for information on industrial and intellectual property rights.
ILAF experiences will help you to invest on the right business in Iran. Our lawyers are fully aware of the relevant laws and regulations to bring you a successful and convenient business.
