Explore Iran, the best potential land for investment
 
 
8-Guarantee
The foreign investor can take his/her capital out of Iran in the following manner:
i- The cash capital in hard currency
ii- The special profits
iii- The investment related goods The workers also can transfer their monthly earnings or wages out to their country of origin. All the foreign investor's legal rights are protected and guaranteed. Should any such belongings (for any reasons whatsoever) be confiscated, Iran's Government and the FTZ Organization will shoulder responsibility to fairly compensate the loss.
 
9- Exports and Imports
-FTZ :
Any agency can, in compliance with the FTZ regulations, take measures to export and import goods.
Imports: Any kind of commodity, excluding the items prohibited by the Islamic Rules and some goods specifically banned by the Iranian law, are allowed to enter the country.
Exports: Export or exit of all goods from FTZ are allowed according to the following rules:
i- An Export Statement Form must be filled to export any goods manufactured inside FTZ out of the zones (either out of Iran or into the country).
ii- Import of goods manufactured in the FTZ into the country will be fully Duty Free provided the raw material is Iranian made. Duty free import rule also applies to the value added. However customs duty will be levied on the foreign made or imported raw material.
iii- Import of goods into the mainland from the FTZ is subject to the Iranian Export/Import regulations.
iv- Export of any domestic goods from inside the country, excluding those made in FTZ is also subject to the said Export/Import regulations.

III-Employment

1-Labor force
The population of Iran's active work force is estimated at 18 million. It is very easy to find the skilled or educated applicants.

2-Labor cost: In Iran wages are compromised between the employer and the employee. In any way it is less than that of neighboring nations.

3-Working hours: Working hours in companies, businesses and factories are 44 hours per week. Whereas in difficult conditions and inside underground mines they are 36 hours.

4-Status of Foreign Nationals
Foreign nationals enjoy equal treatment with Iranian citizens under the Iranian Civil Code provided that reciprocal agreements have been concluded with the foreign country concerned. The investor should ascertain the existence of any agreements between Iran and his own country which might affect his status. Companies established in Iran with foreign capital are considered Iranian and are therefore subject to the same laws and entitled to the same rights as any native entity. Thus, the regulations discussed below deal only with the status of foreign individuals.

5-Entry, Residence and Exit
- Main Land
Permission for entry into, or transit through Iran must be obtained from consular representatives abroad. Single or multiple trip visas may be issued. Any foreign national, other than diplomatic representatives, must obtain a residence permit from the Central Police Administration if he plans to reside in Iran for longer that three months. Residence is classified as temporary, or as permanent. The foreigner declares his legal residence to be in Iran. Issuance and renewal of residence permits is contingent upon application for, or possession of, a work permit. The validity of a temporary residence permit may not exceed that of a work permit. Any foreigner leaving after a stay of longer than three months, must also obtain an exit visa. Proof that taxes have been paid to the Ministry of Economic Affairs and Finance must be presented to the Police upon application.
- FTZ
Foreign can enter free zones without receiving visa.

 
6- Recruitment
- Main Land
Foreign national must obtain a work permit from the Ministry of Labor and Social Affairs prior to commencing employment. Exceptions are foreign specialists employed by international organization, aid institutions. Prospective investors should notify the Ministry of Labor and Social Affairs of their intention to employ foreign nationals and option approval prior to the time said employees apply for work permits.
The policy governing work permits depends upon the manpower needs of the country. As technically skilled personnel are in short supply, companies performing specialized work have had little difficulty in obtaining permits for professionals and technicians.
Permits must be renewed every year. The Ministry of Labor is empowered to cancel the work permit of any foreign national whose services for any reason, are considered inexpedient.
Foreigners are subject to income tax on all income earned in Iran. The salary or wages earned in Iran is taxed in the same manner as of the Iranians. The only exceptions are diplomatic representatives or foreign experts who are sent with the consent of the Iranian Government by foreign states or international institutions under technological, economic, scientific or cultural aid grants. Salaries received from their respective governments or from said international institutions are exempt from tax in Iran.
Foreign employees of companies registered under the Law for the Attraction and Protection of Foreign Investments are generally permitted to remit up to half of their after-tax salaries to their native countries every three months.
- FTZ
employment of labor force are done through private employment service centers. the law for the administration of free zones has permitted the employment of foreign skilled workers and technicians, and the employers can employ foreign skilled workers.