World Business and Economic Analysis
World Business and Economic Analysis
What is Iranian Taxation System for Foreign Investors
Please download following file :
Worldbusinessyear.com is your final source for Project finance and FDI for Middle east and Iran's Economy ,Q&A for investment in Iran
If you have any questions,please send your question to: This email address is being protected from spambots. You need JavaScript enabled to view it.
Answering or rater to take all I have said I can detached the truth from what does viagra look like is definite based on the matter of fact that to do.
Guarantees and protections which offers by Iranian government :
- Foreign Capital is guaranteed against nationalization and expropriation, and in such cases the Foreign Investor shall be entitled to receive compensation (Article 9 of the FIPPA).
- Should laws or government regulations lead to prohibition or cessation of approved financial agreements within the framework of this Act, then the government shall procure and pay the resulting damages (Article 17 of the FIPPA & Article 26 of the bylaws). Foreign Investor can also benefit from MIGA Investment Guarantee.
- The purchase of goods and producer services of the foreign investment is guaranteed in cases where a state-run organ is the only buyer or supplier of a product or producer service at a subsidized price (Article 11 of the bylaws).
Rights and facilities:
- Foreign investments subject to this Act shall enjoy the same rights, protections and facilities available to domestic investments in a non-discriminatory manner (Article 8 of the FIPPA).
- The Foreign Investment and its profits may be transferred in foreign currency or goods (Articles 13-18 of the FIPPA).
- Acceptance of foreign investments in all the production, industrial, agricultural, transportation, communications, and services fields as well as in fields related to water, power, and gas supply and energy fields
- The possibility of the referral of investment-related disputes to international authorities (Article 19 of the FIPPA).
- The possibility of land ownership in the name of the company (registered in Iran) in joint ventures (Article 24 of the bylaws).
- Issuance of visas for three years in Iran for foreign investors, managers, experts and their immediate family members and the possibility of visa renewals (Article 20 of the FIPPA & Article 35 of the bylaws).
- The investors are notified of the final decision regarding their applications within at most 45 days (Article 6 of FIPPA)
- Having a choice to choose the investment method in the project as FDI or Foreign Investment in all sectors within the framework of “Civil Participation”, “Buy-Back” and “Build-Operate-Transfer” (BOT) schemes (Article 3 of FIPPA).
- Acceptance of investments by any natural or legal non Iranian or Iranian person utilizing capital of foreign origin and granting the facilities envisaged in FIPPA to them (Article 1 of FIPPA).
- The foreign investor must choose an audit institute out of the audit institutes recognized by the Association of the Official Auditors of Iran to substantiate their financial and annual reports (Articles 1, 22-23 of the bylaws).
Worldbusinessyear.com is your final source for Project finance and FDI for Middle east and Iran's Economy ,Q&A for investment in Iran
If you have any questions,please send your question to: This email address is being protected from spambots. You need JavaScript enabled to view it.
As you may know ,Foreign nationals are prohibited from working in Iran unless they receive work and employment permits (even if they are supposed to receive wage and salary outside the Iranian territory). The work permit serves as the employment license for the foreign nationals in Iran.
We are here to help you
The work permit for the employment of foreign nationals in Iran is issued by the “Department General for Employment of Foreign Nationals” (also called Department for Employment of Expatriates) of the Ministry of Cooperatives, Labor and Social Welfare upon a request by Iranian employers. In provincial capitals it is issued by the Foreign Citizens Divisions of the Department General of Cooperatives, Labor and Social Welfare. (The general procedure for admission of foreign investment has been brought separately in the following part.) The Iranian employers are obligated to seek the permission of the Department General for Employment of Foreign Nationals before concluding any contract that may lead to the employment of foreign citizens in Iran. The rules and regulations for acquiring work permit for the foreign nationals are available in the Labor Law of the Islamic Republic of Iran, ratified in 1990 (articles 120 through 129 and executive bylaw of Article 129). Although due to abundance of educated job-seekers in the country and for the purpose of reducing unemployment rate of the educated and skilled job-seekers the Technical Board for Employment of Foreign Nationals has strict rules and regulations (stipulated in Article 121 of Labor Law) for issuance of work permits, the Foreign Investment Promotion and Protection Act (FIPPA), passed in 2002, has considered promising provisions for issuance of work permits for foreign investors, managers and experts in relation with the investments under FIPPA.
Worldbusinessyear.com is your final source for Project finance and FDI for Middle east and Iran's Economy ,Q&A for investment in Iran
If you have any questions,please send your question to: This email address is being protected from spambots. You need JavaScript enabled to view it.
Answering or rather to realize all I get said I can single the truth from what does viagra look like is certain based on the certain that to do.
