Opening a Business


Opening a Business

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Iran, Islamic Rep. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economys per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 189 economies. 

For obtaining a FIPPA License you would need the following: 

Documents Required by the OIETAl for the Issuance of Foreign Investment Licensing Procedure

1. Application Form please see https://www.investiniran.ir/en/investmentguide/procedure 

2. Establishment License / Primary agreement / Preliminary agreement of the pertinent Iranian organization

3. Official letter of the foreign investor to submit to the OIETAl 

4. The foreign investors background including  a brief history  of the company ,the year of  establishment  area of activities in case  of foreign investor is a natural  person , a photocopy of passport  and resume will be provided.

5. A list of machinery, equipment and CKD part which may be imported into the country as a part of the foreign investors capital (if available).

6. In case that part of the foreign investor’s share is in the form of technical know –how, a draft of the contract outlining the conditions of the transfer of technology.

7. Any further useful information. 

For more information on Company Registration, please visit https://www.investiniran.ir/en/investmentguide/registeration 

 

Source:

https://www.investiniran.ir/en/home