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Foreign investment is permitted in accordance with the prevailing laws and regulations of the country. All foreign investors are permitted to invest, for the purpose of development and producing activities in all areas of industry, mining , agriculture and services. However, from the standpoint of the Iranian government, only those investments of investors shall be eligible to enjoy the privileges and protections under the Foreign Investment Promotion and Protection Act (FIPPA) who that have obtained the required license under the FIPPA..
Enhancing economic growth; increasing employment opportunities; access to and development of new technologies and managerial skills; upgrading quality of products and boosting export capabilities.
The Organization for Investment Economic and Technical Assistance of Iran (OIETAI) is the sole government authority which in accordance with the FIPPA is legally empowered to admit and extend legal protection to foreign capital. The license for foreign investment under the FIPPA is released by OIETAI.
For those investment to be covered under the FIPPA is required. Such a license is released when signed by the Minister of Economic Affairs and Finance.
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