FIPPA License, The great facilities for the foreigners

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 FIPPA License, The great facilities for the foreigners who are willing to invest in the Iranian Market

FIPPA License, The great facilities for the foreigners who are willing to invest in the Iranian Market

This article has been prepared by Iran Best Lawyer in order to provide you with the information related to the FIPPA license which is a great facilities for the foreigner who wants to invest in Iran.

 

The Foreign Investment Promotion and Protection Act

The Foreign Investment Promotion and Protection Act (“FIPPA”) which has been ratified by the Parliament of Iran as a law around two decades ago in 2002 in order to encourage the foreign investors to bring their capitals to the Iranian market.

FIPPA has a good range of incentives and facilities as the governmental offers to the investors. In order to benefit from the advantages listed in the FIPPA, the investor, firstly is required to apply for the FIPPA license. FIPPA license is the most valuable permit that the Iranian law grants to the foreign investors in Iran.

Amazingly, by any amount of investment, you can apply for FIPPA license, however, you need to have a business plan which should be confirmed by the authorities.

 

Who can request for the FIPPA License

Any Iranian or foreigner, companies or individuals, who wants to invest in Iran through the money with the foreign origin, is authorized to request for FIPPA license.

The money with foreign origin can be invested in the following methods:

  1. Incorporation a company;
  2. Share purchasing of an Iranian company;
  3. Doing business in the Iranian Exchange Market;
  4. Investment in the Iranian projects through direct investment or a specific contractual framework like BOT agreement, Buyback, partnership agreement and etc.

 

The specifications of the investment

First of all, you have to know the two important points:

  1. There is no restriction over the place of the project meaning that it is possible to invest in all of the projects in the country.
  2. The ownership of the project can be fully belongs to you.

 

Your investment could be transferred to Iran as one or more of the following options:

  1. Cash money in one of the foreign currencies accepted by the Central Bank of Iran;
  2. Machinery and equipment;
  3. Raw materials, spare parts, SKD and CKD parts and etc.
  4. Dividends, patents and other intangible assets
  5. Other possible means confirmed by the authorities.

 

 

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 FIPPA License, The great facilities for the foreigners

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