How is foreign investment dealt in the Free Trade-Industrial Zones of Iran?
According to Article 5 of the Regulations Governing Capital Investments in the Free Trade-Industrial Zones, foreign investors mayparticipate in the economic activities of these areas in any investment ratio they wish to. So, they may invest independently or in partnership with Iranian persons. 100% repatriation of capital and profit is allowed. Foreign investors may lease land and own the buildings and other installations built on it. No entry visa is required for foreign nationals in the free zones. For dealing with the mainland, the foreign invest admitted in the free zone, is subject to the regulations of the Export and Import Law and for having presence in the mainland, a branch should be set up. What incentives and facilities have been foreseen regarding labor laws, social security regulations, etc.? Like Iranian nationals wishing to engage in economic activities in the Free Trade-Industrial Zones, foreign investors will also enjoy a tax holiday of 15 years from the date their bus
