Exit Strategy & Repatriation
Exit planning, share sale execution, and capital-and-dividend repatriation for foreign investors leaving or rotating Iranian positions.

Capital repatriation from Iran is the single most-asked question by foreign investors — and it is solvable when planned from the start. We design exit routes from day one of the investment, and execute them when the time comes: trade sale, secondary buy-out, IPO on the Tehran Stock Exchange, or wind-down. Every route is paired with a documented currency-repatriation plan.
What’s Included
Exit Planning
Map exit routes from day one and align the operating plan to value drivers.
- Exit-route mapping
- Value-driver analysis
- Buyer-universe screening
- Timing analysis
- Tax-leakage modelling
Trade Sale
Sell-side advisory for sale to strategic or financial acquirer.
- Buyer outreach
- Process management
- SPA negotiation
- Vendor DD
- Closing & escrow
Secondary Sale
Sale to another financial sponsor or partner buy-out.
- Sponsor outreach
- Stapled financing
- Management roll-over
- SPA negotiation
- Closing
TSE Listing
Initial public offering on the Tehran Stock Exchange or Iran Fara Bourse.
- Eligibility review
- Underwriter selection
- Prospectus drafting
- SEO approval
- Listing & allocation
Capital Repatriation
FIPPA-route capital and dividend repatriation through Central Bank channels.
- FIPPA documentation
- CBI approval
- NIMA conversion
- Wire execution
- Certified evidence
Wind-Down
Voluntary liquidation, asset sale, and final tax clearance.
- Liquidator appointment
- Asset sale
- Tax-clearance certificate
- Employee settlement
- Final deregistration
How We Engage
Plan
Design the exit route and the repatriation path from day one.
Prepare
Address pre-sale clean-up, working capital, and value drivers.
Execute
Run the sale, IPO, or wind-down process.
Repatriate
Convert and remit sale proceeds through CBI-approved channels.
Close
File final tax returns and deregister where applicable.
Plan Your Iran Exit
Design an exit and repatriation route you can actually execute when the time comes.
Plan the exit before you enter — and execute it when the time comes
Capital repatriation from Iran is the question every foreign investor asks. It is solvable when designed from day one. We map the exit route at entry, align the operating plan to value drivers, and execute the trade sale, secondary, IPO, or wind-down when the time comes.
Entry-day design
The right time to design an exit is at investment. We map routes, value drivers, and repatriation evidence requirements before the first dollar lands.
Process execution
Trade sale, secondary buy-out, TSE/IFB listing, or wind-down — run by the same team that knows the asset and the local rule book.
Repatriation execution
FIPPA documentation, Central Bank approval, NIMA conversion, and wire execution with certified evidence for your home-country audit.
Frequently asked questions
Is FIPPA registration really enough to repatriate capital?+
FIPPA is the legal basis. Execution still depends on Central Bank FX availability and correspondent-banking access at the time. We document each step contemporaneously so the right to repatriate is preserved even if execution is timed in tranches.
What if the operating company has retained earnings I have not yet distributed?+
Dividend distribution is taxed at the corporate level (no further withholding under FIPPA). We sequence distribution, conversion, and remittance to minimise FX exposure during execution.
Can I exit via a TSE listing?+
Yes for eligible companies — typically PJSCs with three years of audited results and the required minimum free float. The listing route also opens a path to ongoing secondary sales by international investors with Trading Codes.
How long does a wind-down take?+
Voluntary liquidation typically runs nine to eighteen months, driven by tax-clearance certification, asset realisation, and employee settlement under Iran Labour Law.