Die ausführliche Analyse unten erscheint auf Englisch.
The Foreign Investment Promotion and Protection Act (FIPPA) is the legal spine of every inbound investment into Iran. It converts a commercial decision into a state-recognised position with defined protections over capital, profits and dispute resolution.
A FIPPA licence is issued by the Organization for Investment, Economic and Technical Assistance of Iran after review by the Foreign Investment Board. It is the single document that unlocks registered capital import, guaranteed profit transfer and compensation rights in the event of expropriation.
What FIPPA actually guarantees
FIPPA guarantees three things ordinary company law cannot give a foreign investor: the right to transfer principal and profit out of Iran, equal treatment with domestic investors, and compensation at fair value if the investment is nationalised.
Protection attaches to registered capital only. Capital brought in outside the registered channel sits outside the guarantee and cannot be repatriated under the Act.
How the application is assessed
The Board weighs employment created, technology transferred, export potential and the share of the domestic market the project would take. Projects that displace an existing domestic producer without adding capability face the longest review.
A complete file — feasibility study, investor corporate documents, source-of-funds evidence and a capital import schedule — is the difference between a 45-day and a nine-month decision.
Structuring the entry
Most investors hold through a Private Joint Stock Company or a limited liability company, with the FIPPA licence naming the foreign shareholder directly. Free-zone entities are used where the operation is export-oriented or import-assembly based.
The holding jurisdiction matters: routing through a country with a bilateral investment treaty and a double-tax agreement with Iran improves both arbitration access and withholding treatment.