types of investments: direct investment (equity participation) in all areas open to iranian private...

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Features of FIPPA:Types of Investments:

Direct Investment(Equity Participation) in All Areas Open to

IranianPrivate Sector

Investment through Contractual Arrangements

(Non-Equity Forms):-Buy Back Arrangements-Civil Partnership-BOT Schemes www.investiniran.ir

www.iio.ir

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Features of FIPPA:

Areas of Investment:

All Areas in Industry, Mining, Agriculture, and Services:

-In Greenfield Projects

-In Brownfield projects and existing companies

www.investiniran.ir www.iio.ir

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Features of FIPPA:

Risks Covered under FIPPA:

All non-Commercial Risks, i.e. Currency Transfer, Nationalization, expropriation, Government Intervention and Breach of Contracts by Government


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Features of FIPPA: Boundaries of Investment:

No Limit on Equity Percentage,No Limit on Volume of Investments,No Limit on Profit Transfer,No Limit on Capital RepatriationNo Limit on Types of Capital ImportedNo Import / Export Restriction


5www.investiniran.ir www.iio.ir

Procedure For Foreign Investor( Phases 1 to 4 )

1. Identification and Selection of Investment Project

2. Obtaining Preliminary Permit from Relevant Iranian Organization

3. Issuance of Foreign Investment License

4. Implementing of Project

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Features of FIPPA Investment Licensing Procedure :

Simplified, Short and Transparent

SubmissionOf

Application

SubmissionOf

Application

FinalLicenseIssued

FinalLicenseIssued

DraftLicense

Communicated

DraftLicense

Communicated

PreparationAnd

SubmissionOf a Report

PreparationAnd

SubmissionOf a Report

Foreign

Investment

Board

Foreign

Investment

Board

OIETAIOIETAI


Max 5 Days Max 10 Days

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Foreign Investment Services Center ( FISC )


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Main Objectives of FISC

• Facilitation the FDI procedures in Iran، • Coordination with Executing Agencies

Related to Foreign Investment• A focal point for FDI applicants،• Facilitation of official procedures for

required permissions and licenses


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FISC Responsibility Chart

FISC Services

Declaration of establishment

permits for subscriptions relating to utilities

Coordination for Necessary permissions

Corporate Establishment Related Activity

ExplorationPermissions

Dissemination of information and provision of necessary guidance

registration of order for importation of

machinery and equipments

Necessary coordination for the securing of entry visa,

residence and employment permits

environment protection license

Solving CustomDisputes


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FISC’s Members from Relevant Executing Agencies

FISC

Ministry of Foreign Affairs

Ministry oflabor

Ministry of Agriculture

Ministry of Commerce

Department ofEnvironment

Office for the Registration Companies & Industrial Property

Central Bank of Iran

Any Organization as per the case

Tax OrganizationI.R.I Customs

Administration


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Key Services Offered by FISC

• Dissemination of information and provision of necessary guidance to foreign investors concerning investment in Iran.

• General supervision concerning the fulfillment of decisions surrounding foreign investment projects.

• Necessary coordination concerning the issues related to foreign investment including issuance of from the relevant authorities, prior to the issuance of the investment license including:

• the declaration of establishment • the environment protection license • the permits for subscriptions relating to water, electricity,

fuel and telephone• the license for exploration and exploitation of mines, etc.


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Key Services Offered by FISC (Contd.)

• Necessary coordination concerning issues related to

foreign investment preceding, during and proceeding the issuance of the investment license including

• registration of joint venture company• registration of order for importation of machinery and

equipments• issues related to importation and repatriation of

capital, customs and tax affairs, etc.


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Contact Information

Organization for Investment, Economic and Technical Assistance of Iran( OIETAI)

Address: Davar Ave. Tehran P.O.Box: 11365/4618

Foreign Investment Office

Tel: +98 21 33967755 – 33967075Fax: +98 21 33967500

Websites: www.investiniran.ir; www.iio.ir

E-mail: [email protected]


types of investments: direct investment (equity participation) in all areas open to iranian private...

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