Import and export law in Iran – Role of Commercial Card

 

Import and export law in Iran

• Import and export law in Iran
  • How we should learn about the actual feasibility of importing and exporting of the special goods in Iran?
  • The role of the Commercial Card in Iran
  • The facilities provided for the importation of the raw materials and goods which are used in domestic production
  • The necessity of “Order Registration” and “Import License” issued by the Ministry of Industry, Mine and Trade of Iran for all of the importable goods

The Law on Import and Export Regulations ratified on September 26^th, 1993, should be considered as the principal source of export and import law in Iran.

According to the Iranian law, there are three types of goods, in light of the export and import as follows:

1. The goods and commodities which their import or export is allowable and admissible even without obtainment of the prerequisite license (permissible goods).
2. The goods and commodities that the import or export requires the obtainment of the license from Iranian authorities (conditional goods), and
3. The goods and commodities that their import or export is forbidden and prohibited under the Islamic rules or the laws and regulations of Iran (prohibited goods).

 

How we should learn about the actual feasibility of importing and exporting of the special goods in Iran?

The General Office for Export and Import Regulations of the Ministry of Mine, Industry and Trade, on an annual basis, publishes the Export – Import Regulations in order to provide the fast and easy access to the updated information in terms of import and export.

Import and export law in Iran

The annual Export – Import Regulations of Iran regulates the updated customs duties as well as commercial benefit taxes on the different groups of commodities.

Considering the current un-employment rate of Iran which is much higher than the international standards, one of the main concerns of the Iranian authorities is to support domestic production by permitting importation of the necessary raw materials and the cutting edge machinery.

In order to support the domestic products, the importation of the raw materials and the intermediates products which have been domestically produced in Iran, has a higher rate of commercial benefit tax which annually defined by the Export – Import Regulations.

 

The role of the Commercial Card in Iran

As a prerequisite of performing trade business in Iran, the traders are required to obtain the Commercial Card which has been issued by the Iranian Chamber of Commerce. The applicant of the Commercial Card could be an individual or a company.

 

 

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 Import and export law in Iran – Role of Commercial Card