If answer is yes, you are encouraged to enjoy benefits of licensing your investment under the "Foreign investment Promotion and Protection Act" The benefits include coverage of non- commercial risks by the government of Iran almost restriction-fee investment, provision of foreign exchanges for capital transferring purposes, 100% export permission, long term and more relaxed entry and residence permits, protection of investor's interest facilitated investment licensing as well as contraction OIETAL (Organization For Investment, Economic and Technical Assistance of Iran) as a one stop shop for all requests/permissions from other Iranian authorities Note that investment licensing is not mandatory In order to be qualities as an investor we quote the followings from the said act "Foreign investor is a non-Iranian natural and /or juridical persons or Iranians using capital of foreign source. The capital may be in the following forms and are all types of capital, being cash or non-cash, brought into the country by foreign investors and include the following:
1-Cash funds in the form of convertible currency imported info the country through banking system or other methods of transfer, acceptable to the Central Bank of the Islamic Republic of Iran
2-Machinery and equipments.
3-Tools and spares, CKD parts and ray, addable, and auxiliary materials.
4-Patent rights, know-now, trade marks and names, and specialized services.
5-Transferable dividends of foreign investors.
6-Other permissible species approved by the council or Ministers
Paths to Start Business in Iran are you intending to form a new firm? Open a branch? Have a representative office? If you are intending to form a new firm in Iran ,you are entitled to join a local partner and your share will be maximum 49% There in possibility to go beyond this limitation if your activity is "Investment" and you license your investment under "Foreign Investment Promotion and protection Act" In case of branches and representative offices, you shall apply for either of them to the Organization for Company Registration Please see "Requirement for Registration of a branch or representative Office" below. Requirement for Registration of a Branch or Representative Office There are certain requirements applicable to legal entities or natural persons to register Branches or Representative Office Consider the following general conditions.
1-The company, who intends to open a branch or have a representative office, must have already been registered as a legal entity in its own country of origin.
2-Bilateral treatment is required from your country that means that Iranian companies shall be able to enjoy the same treatment (as a minimum) in your country regarding registering branches or representative offices.
3-Representative agencies shall be managed / administered by persons permanently situated in Iran
In addition to the above mentioned general conditions, your field of activity shall fall within one of the following categories:
1-You intend to give offer sales services to your Iranian customers if you are selling products or services to Iranian buyers; you can apply to register a branch or representative agency of your company to provide after sales services.
2-You have a contract with Iranian entities and, for the execution of project, you need to be located in Iran and be recognized as a legal entity.
3-If you are considering investment for the purpose or investigating potential projects, partners etc, you can apply for the same.
4-You have a joint contract with Iranian contractors to execute a project in a third country.
5-Your activity promotes Iranian exports. If what you intend to do can be categorized as bringing technology, special equipments, knowledge, know-how. Etc which ends in promotion of Iranian entities' capabilities to produces more competent products and consequently promotion of Iranian exports, you can apply as well.
6-Offering and transferring engineering, technical knowledge and know - how.
7-You have a contract with government of Iran, or you have obtained a special permission from the relative Iranian authority to perform your special activities (which need special permission such as banking services, transportation, etc)