« Foreign Investment Promotion and Protection Act » and the « Implementing Regulation of the Foreign Investment Promotion and Protection Act »

This legal framework coupled with the establishment of a one-stop physical service window through the creation of an Investment Services Center at the national level in the Organization for Investment Economic and Technical Assistance of Iran (OIETAI) as well as 31 provincial investment service centers in 31 provinces of the country headed by the governor of each province provides suitable operational tools to facilitate the implementation of the law and ensure peace of mind for investors.

In The Name Of God

With decades of legal support and continuous services to foreign investors, Iran stands as one of the leading countries in the region in attracting and supporting foreign investment. This history is clearly evident with the enactment of the« Law on Attraction and Protection of Foreign Investments »(LAPFI) in 1955 (1334 in Iranian calendar) and the current law titled« Foreign Investment Promotion and Protection Act »(FIPPA) in 2002 (1381 in Iranian calendar).

The array of facilities and privileges allocated to foreign investors in the legal system of the country, particularly the «Foreign Investment Promotion and Protection Act »and its Implementing Regulation, provide significant advantages such as the right to establish an Iranian company with 100% foreign ownership, ownership of immovable properties under the name of the established company in Iran, no restrictions on the amount and volume of investment, the ability to repatriate profits and proceeds from projects and the principle of foreign capital, granting five-year residency to investors, experts, and managers of the investing company, experts, and managers of the project company and their families. These facilities provide favorable conditions compared to other countries in the region for investors.

This legal framework, coupled with the establishment of a one-stop physical service window through the creation of an Investment Services Center at the national level in the Organization for Investment, Economic, and Technical Assistance of Iran (OIETAI), as well as 31 provincial investment service centers in 31 provinces of the country headed by the governor of each province, provides suitable operational tools to facilitate the implementation of the law and ensure peace of mind for investors.

Based on this, the present booklet includes the text of the « Foreign Investment Promotion and Protection Act » and the « Implementing Regulation of the Foreign Investment Promotion and Protection Act » along with their latest amendments, prepared and provided for the convenience of foreign investors.

The management and staff of the Organization for Investment, Economic, and Technical Assistance of Iran (OIETAI) extend their warm regards to foreign investors and those interested in investing in Iran, inviting them to obtain the necessary information through personal visits or correspondence to the addresses below or by contacting the investment service centers in 31 provinces of the country:

Website: ipa.investiniran.ir/en

Email: ipa@investiniran.ir

Phone: +982139902001 - +982139902115

Address: Shahid Ebrahimi Building, Davar St ,

Sur-e-Esrafil St, Khayam St, 15 Khordad Sq, Tehran, Iran.

Postal Code: 1114943661