To obtain an foreign investment license in Iran, an application must be made to the Organization for Investment, Economic and Technical Support of Iran (OIETAI). In this context, justifications regarding the contribution of foreign investment to economic growth and the importance of investment should be presented. Once these reasons are met, a license certificate is issued by the Iranian authorities.
Iran’s main foreign investment legislation is the “Foreign Investment Promotion and Protection Act” (FIPPA). The law offers foreign investors the same rights, protections and opportunities as domestic investors, including permission to invest in all areas where private sector activities are permitted and the right to hold up to 100% of shares in legal entities in Iran. Where public interest justifications are valid, the investor should receive compensation based on the real value of the investment, protecting the investor in the event of expropriation.
In addition, FIPPA contains provisions that will ensure the free transfer of foreign capital and the transfer of profits abroad. Foreign investors can claim through FIPPA to convert and transfer Iranian Riyal and receive foreign currency. Additionally, residence and work permits for foreign personnel are facilitated under FIPPA.
If you are considering getting Foreign Investment Licens in Iran, Alka Team with its extensive experience in this field can help you so that you can also get benefıt from the advantages of getting Foreign Investment Licens in Iran.
To obtain an foreign investment license in Iran, an application must be made to the Organization for Investment, Economic and Technical Support of Iran (OIETAI). In this context, justifications regarding the contribution of foreign investment to economic growth and the importance of investment should be presented. Once these reasons are met, a license certificate is issued by the Iranian authorities.
Iran’s main foreign investment legislation is the “Foreign Investment Promotion and Protection Act” (FIPPA). The law offers foreign investors the same rights, protections and opportunities as domestic investors, including permission to invest in all areas where private sector activities are permitted and the right to hold up to 100% of shares in legal entities in Iran. Where public interest justifications are valid, the investor should receive compensation based on the real value of the investment, protecting the investor in the event of expropriation.
In addition, FIPPA contains provisions that will ensure the free transfer of foreign capital and the transfer of profits abroad. Foreign investors can claim through FIPPA to convert and transfer Iranian Riyal and receive foreign currency. Additionally, residence and work permits for foreign personnel are facilitated under FIPPA.
If you are considering getting Foreign Investment Licens in Iran, Alka Team with its extensive experience in this field can help you so that you can also get benefıt from the advantages of getting Foreign Investment Licens in Iran.
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Our services are designed in such a way that we can be by your side from before to after the start of activity in Iran and accompany you on this path.