Iran

With a population of 70 million people, out of which 70% are under 33, Iran becomes a lucrative market for European goods and services. Currently a developing market the government encourages international business and foreign investment. Below you can see some of the reasons why Iran is an attractive market for your company.

1. Strategic Location: Iran lies in a unique geographical location at the heart of a cross-road connecting the Middle East, Asia and Europe, empowered by many inter- and trans- regional trade, customs, tax and investment arrangements;

2. Market Potential and Proximity: A vast domestic market with a (growing) population of 70 million in addition to quick access to neighboring markets with a further 300 million inhabitants;

3. Labor Privileges: A large pool of skilled manpower at very competitive costs in a diversified economy;

4. Developed Infrastructure: Territory developed networking in the area of telecommunication, roads and railways across the country;

5. Low Utility and Production Cost: Diversified range of energy, telecommunication, transportation, and public utilities;

6. Abundant Natural Resources: Varied and plentiful reserves of natural resources ranging from oil and gas to metallic and non-metallic species reflecting the country’s accessibility to readily available raw materials;

7. Climatic Characteristics: A four-season climatic endowment as a privilege to agricultural activities throughout the country;

8. Fiscal Incentives: Reduced tax rates from 65% to a flat fixed 25% rate of tax income despite various tax holidays highlighted as follows:

 

Activity	Level of Exemption	Duration of Exemption
Agriculture	100%	No Time Limit
Industry and Mining	80%	4 Years
Industry and Mining in Less-Developed Areas	100%	10 Years
Tourism	50%	No Time Limit
Exports	100%	No Time Limit

9. New Investment Legislation: Enactment of new Foreign Investment Promotion and Protection Act (FIPPA) to substitute the former Law Concerning Attraction and Protection of Foreign Investments in Iran (LAPFI) providing full security and legal protection to foreign investments based on transparency and international standards.