Local business incentives
Legal forms of companies
| Form |
Number of partners/shareholders |
Minimum and/or maximum capital |
Liability |
Registration fee |
Release of financial documents |
|
Sherkat Sahami Am is a private company limited by shares.
|
Minimum 3 shareholders.
|
Minimum IRR 1 million.
|
Partners' liability is limited to the amount contributed in shares.
|
Registration fees depend on the amount of the capital.
|
|
|
Sherkat Sahami Khass is a public company limited by shares.
|
Minimum 3 shareholders.
|
Minimum 5 million IRR.
|
Partners' liability is limited to the amount contributed in shares.
|
Registration fees depend on the amount of the capital.
|
|
|
Foreign exchange control
The exchange market is regulated and controlled by the Government. Only currencies brought from abroad can be repatriated afterwards.
Passengers are authorized to take out a maximum of USD 1,000 or the equivalent in other currencies. The authority in charge of the currency regulation is the Central Bank of Iran (Markazi bank). Repatriation of profits, capital by a foreign investor is possible with a three months' notice. In case of capital repatriation, the foreign investor must keep 10% of his capital during six months as a deposit for possible commitments. Applicable exchange rate is the official ruling rate. Moreover, foreign currency transfers are not carried out without delay, the latter can last up to six months or more.
|
Regulations concerning equity investment
According to the law of 1955, foreign direct investment is possible by means of interest participation in Iranian companies, up to 49 %.
|
FDI inflows in Iran
| FDI inflows (millions US$) |
2000 |
2001 |
2002 |
World rank |
| Foreign Direct Investments (F.D.I.) |
548
|
482
|
500
|
84
/ 196 |
| Sources : UNCTAD Database FDI/TNC |
Export Entreprises SA ©, All rights reserved
Last modified in
December 2003
|
|
