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IRN-1995-L-57566
Breadcrumb
Title_of_text
Law for the attraction and protection of foreign investment in Iran.
Main Region
First Region
Country(ies)
Iran (Islamic Republic of)
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
1995
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Applies to persons, companies, and private firms of foreign nationality investing in Iran either in cash or in the form of factories, machinery and parts, equipment, patent rights, expert services, for development, rehabilitation, and productive activities in industry, mining, agriculture and transport. Establishes that capital imported into Iran in accordance with this law, as well as profits accrued therefrom, shall enjoy the legal protection of the government and that all rights, exemptions, and facilities accorded to domestic capital and private productive enterprises shall also apply to foreign capital and firms. Provides for compensation where the enactment of special legislation deprives the foreign investor from ownership. Also provides for implementing regulations.
Serial region
Serial title
internet: www.aghayan.com/Iran
Page range
7p.