| - FTZ
Any business or industrial activity in the Free Trade
Zones is exempted from any kind of taxation (inclusive
of revenue tax or taxes levied on profits) for a period
of 15 years. The laborer working in the production units
is exempted from income tax. The import of the following
goods will be exempted from any customs duty, but not
from the service expenses or fees
a- Raw material,
any goods consumable or applied in the course of any investment
projects machinery together with their spare parts
b- Tools and construction material used for building,
setting up and establishing production, commercial, service,
residential or infrastructure units (exclusive of decoration
appliances or furniture).
For a corporate entity the tax year is defined as an
Iranian year starting from 1st of Farvardin (21st of
March) and ending on the last day of Isfand (20th March).
However, in the case of legal entities with different
financial year it is possible to assume their financial
year as the basis for tax assessment. The deadline for
submitting the returns and accounting records is 4 months
after the end of the financial year.