Types of Investments: Direct Investment (Equity Participation) in All Areas Open to Iranian Private Sector Investment through Contractual Arrangements (Non-Equity Forms): -Buy Back Arrangements -Civil Partnership -BOT Schemes 1

Areas of Investment: Areas of Investment: All Areas in Industry, Mining, Agriculture, and Services: -In Greenfield Projects -In Brownfield projects and existing companies 2

Risks Covered under FIPPA: Risks Covered under FIPPA: All non-Commercial Risks, i.e. Currency Transfer, Nationalization, expropriation, Government Intervention and Breach of Contracts by Government i.e. Currency Transfer, Nationalization, expropriation, Government Intervention and Breach of Contracts by Government 3

Boundaries of Investment: Boundaries of Investment: No Limit on Equity Percentage, No Limit on Volume of Investments, No Limit on Profit Transfer, No Limit on Capital Repatriation No Limit on Types of Capital Imported No Import / Export Restriction 4

 1. Identification and Selection of Investment Project  2. Obtaining Preliminary Permit from Relevant Iranian Organization  3. Issuance of Foreign Investment License  4. Implementing of Project 5

 Investment Licensing Procedure : Simplified, Short and Transparent Simplified, Short and Transparent Submission Of Application Submission Of Application Final License Issued Final License Issued Draft License Communicated Draft License Communicated Preparation And Submission Of a Report Preparation And Submission Of a Report Foreign Investment Board Foreign Investment Board OIETAI Max 5 DaysMax 10 Days

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Facilitation the FDI procedures in Iran ، ‌ Facilitation the FDI procedures in Iran ، ‌ Coordination with Executing Agencies Related to Foreign Investment Coordination with Executing Agencies Related to Foreign Investment A focal point for FDI applicants ، A focal point for FDI applicants ، Facilitation of official procedures for required permissions and licenses Facilitation of official procedures for required permissions and licenses 8

FISCServices Declaration of establishment permits for subscriptions relating to utilities Coordination for Necessary permissions Corporate Establishment Related Activity Exploration Permissions Dissemination of information and provision of necessary guidance registration of order for importation of machinery and equipments Necessary coordination for the securing of entry visa, residence and employment permits environment protection license Solving Custom Disputes 9

FISC Ministry of Foreign Affairs Ministry of labor Ministry of Agriculture Ministry of Commerce Department of Environment Office for the Registration Companies & Industrial Property Central Bank of Iran Any Organization as per the case Tax Organization I.R.I Customs Administration

Dissemination of information and provision of necessary guidance to foreign investors concerning investment in Iran. Dissemination of information and provision of necessary guidance to foreign investors concerning investment in Iran. General supervision concerning the fulfillment of decisions surrounding foreign investment projects. General supervision concerning the fulfillment of decisions surrounding foreign investment projects. Necessary coordination concerning the issues related to foreign investment including issuance of from the relevant authorities, prior to the issuance of the investment license including: Necessary coordination concerning the issues related to foreign investment including issuance of from the relevant authorities, prior to the issuance of the investment license including: the declaration of establishment the declaration of establishment the environment protection license the environment protection license the permits for subscriptions relating to water, electricity, fuel and telephone the permits for subscriptions relating to water, electricity, fuel and telephone the license for exploration and exploitation of mines, etc. the license for exploration and exploitation of mines, etc

Necessary coordination concerning issues related to foreign investment preceding, during and proceeding the issuance of the investment license including Necessary coordination concerning issues related to foreign investment preceding, during and proceeding the issuance of the investment license including registration of joint venture company registration of joint venture company registration of order for importation of machinery and equipments registration of order for importation of machinery and equipments issues related to importation and repatriation of capital, customs and tax affairs, etc. issues related to importation and repatriation of capital, customs and tax affairs, etc

Organization for Investment, Economic and Technical Assistance of Iran( OIETAI) Address: Davar Ave. Tehran P.O.Box: 11365/4618 Foreign Investment Office Tel: – Fax: Websites: