Capital Market

Stock Exchange Investment

Expert guidance on Tehran Stock Exchange investments with portfolio management and full regulatory support.

Tehran Stock Exchange building in Tehran

Tehran Stock Exchange · TEDPIX

Capital Market Services

Portfolio Management

Professional portfolio management and selection of stocks aligned with your investment objectives and risk tolerance.

  • Stock selection
  • Portfolio diversification
  • Risk management
  • Performance tracking
  • Quarterly reviews

Market Access

Direct access to Tehran Stock Exchange (TSE) with guidance on trading procedures and regulatory compliance.

  • TSE access
  • Trading account setup
  • Market briefing
  • Trading platform access
  • Settlement support

Legal & Compliance

Full legal support for capital import, documentation, tax compliance, and regulatory requirements.

  • Capital import approval
  • Documentation
  • Tax filing
  • Regulatory compliance
  • Dividend management

IPO & Corporate Actions

Guidance on IPOs, rights offerings, dividends, and other corporate actions affecting your investments.

  • IPO analysis
  • Rights offerings
  • Dividend tracking
  • Corporate updates
  • Shareholder meetings

Investment Opportunities

Oil & Gas

15+ major listed companies

Petrochemicals

12+ companies with strong dividends

Banking

20+ banks and financial institutions

Insurance

25+ insurance companies

Auto Manufacturing

Major automotive producers

Telecommunications

Leading telecom companies

Cement & Materials

Construction materials producers

Pharmaceuticals

Major pharmaceutical manufacturers

Why Invest in TSE?

Strong Returns

Evaluate total returns after dividends, fees, taxes and exchange-rate changes. Historical or projected gains do not guarantee future results.

Liquidity

Liquidity varies by issuer and market conditions. Price bands, trading suspensions and low free float can limit entry and exit.

Diversification

Hundreds of listed companies across multiple sectors enabling portfolio diversification.

Regulatory Support

Legal framework protects investor rights with clear regulations and dispute resolution mechanisms.

How a listed-share investment is prepared

An illustrative sequence. Eligibility, approvals and timing depend on the investor, the route used and current rules; no step guarantees access or returns.

  1. 01

    Check eligibility and sanctions

    Confirm that the investor, the funds and any target issuers can be used lawfully under Iranian rules and the investor's home-country restrictions.

    A written compliance screen.

  2. 02

    Choose the access route

    Decide between direct foreign-investor registration, a fund or another structure, comparing control, cost and reporting duties.

    A route comparison with stated trade-offs.

  3. 03

    Review issuers and liquidity

    Read recent disclosures, free float, trading history and price-limit episodes before setting position sizes.

    An issuer file with liquidity notes.

  4. 04

    Plan the exit before entry

    Document how sale proceeds and dividends would be converted and transferred, and which records the bank will ask for.

    A repatriation checklist.

Risks to weigh before buying
RiskWhy it mattersWhat to check
Exchange rateLocal-currency gains can shrink or reverse once converted.Returns measured in your reporting currency
Price limits and haltsPositions may not be sold at the intended time or price.Recent trading-halt and limit history
Low free floatThin trading can move prices sharply.Free float and average daily value traded
Disclosure qualityInflation can distort reported earnings and asset values.Audited statements and auditor remarks

Start Your TSE Investment

Let our capital market experts guide your investment strategy and portfolio management.

Begin Investment
TSE & Iran Fara Bourse in detail

Compare investable returns rather than headline index gains

Review broker eligibility, ownership restrictions, issuer screening and custody arrangements before trading. Assess company liquidity and market rules as well as sector exposure; a quoted price does not guarantee that a position can be sold at that price. Calculate returns in the investor’s reporting currency after fees, taxes and exchange-rate movements. Index performance, an illustrative portfolio and an audited client record are different evidence types and must not be presented as interchangeable.

What you receive

Foreign-investor Trading Code application with SEO
Format: Official code
FIPPA registration on inbound portfolio capital
Format: Investment licence
Brokerage account at a sanctions-clean broker
Format: Account + platform login
TSE/IFB sector screen aligned to your mandate
Format: Excel + memo
Quarterly portfolio review (returns, FX, dividend)
Format: PDF report
Dividend collection and NIMA conversion support
Format: Quarterly settlement

Evidence to prepare

  • Broker, trading-code and custody requirements
  • Issuer disclosures, liquidity limits and sanctions review
  • Reporting-currency returns and a documented exit-transfer plan

Engagement timeline

Phase 1
KYC & trading-code application
3 weeks
Phase 2
Brokerage & capital inflow
2 weeks
Phase 3
Portfolio construction
2 weeks
Phase 4
Ongoing oversight
4 weeks
Total — 11 weeks typical

Planning estimates only. Confirm the schedule in the proposal; authority decisions, document availability and bank acceptance may change it.

Frequently asked questions

Continue exploring

Cross-references into our knowledge base and answer engine — designed so you (and AI assistants) can jump straight to the entity definitions and the exact questions readers ask about tehran stock exchange & iran fara bourse.

Market Mechanics

What a foreign investor actually needs to trade on the Tehran Stock Exchange

Iran's capital market runs across two boards — the Tehran Stock Exchange (TSE) for larger listed companies and Iran Fara Bourse (IFB) for over-the-counter and smaller issuers — with the Securities and Exchange Organization (SEO) acting as regulator. Foreign participation is permitted under a dedicated foreign investor regime, but it requires a trading code, a custodian relationship and, for capital that will later be repatriated, an inbound capital registration at the point of entry.

Trading floor and price display boards of the Tehran Stock Exchange, Iran’s primary equity market
TEDPIX is the TSE’s main index; the IFB runs a parallel OTC board

Account-opening path for a foreign investor (indicative)

Account-opening path for a foreign investor (indicative)
StepCounterpartyIndicative time
Foreign investor licence applicationSecurities & Exchange Organization2–6 weeks
Trading code (sejam registration)Central Securities Depository1–3 weeks
Brokerage and custody accountLicensed Iranian broker / custodian1–2 weeks
Inbound capital registrationCentral Bank / OIETAI where FIPPA applies2–4 weeks
First settlement cycleBrokerT+1 to T+2

Indicative planning benchmarks based on our engagement experience; actual timelines vary by sector and file.

Practical constraints to price into your strategy

  • Daily price bands limit how far a single stock can move in one session, which slows exit in a falling market
  • Free float on some large caps is thin — position sizing matters more than in deeper markets
  • Dividends are approved at annual general meetings and paid on a statutory schedule after approval
  • Rial-denominated returns must be assessed against currency movement before repatriation
  • Repatriation is far simpler when the original inflow was registered on arrival
  • Sanctions screening applies to issuers and counterparties, not only to the transaction

Frequently asked questions

Can foreigners buy shares on the Tehran Stock Exchange?

Yes. Foreign natural and legal persons can invest under the foreign investor regime once they hold a licence from the Securities and Exchange Organization and a trading code from the Central Securities Depository, accessed through a licensed Iranian broker.

What is the difference between the TSE and Iran Fara Bourse?

The Tehran Stock Exchange lists larger companies under stricter admission rules. Iran Fara Bourse is the over-the-counter market for smaller issuers, debt instruments and companies not yet meeting TSE criteria. Both sit under the same regulator.

How are capital gains and dividends taxed for foreign shareholders?

Listed-share transactions carry a transaction-based levy rather than a conventional capital gains tax, and dividends are distributed from post-tax corporate profit. Treatment depends on the investor structure, so we confirm the position with counsel before you commit capital.

How do I get my money out again?

Repatriation depends on registering the inbound capital when it arrives. Investment made under FIPPA carries an explicit transfer guarantee for principal and profit; unregistered inflows are materially harder to exit.