Interpretation of Foreign Investment Promotion & Protection Act of Iran (FIPPA)

After nearly 48 years, a new law on foreign investment in Iran under the name of “Foreign Investment Promotion and Protection Act” (FIPPA) was ratified by the Parliament in 2002. FIPPA replaced the Law for the “Attraction and Protection of Foreign Investment” which was in effect since 1955. FIPPA’s replacement of LAPFI has further enhanced the legal framework and operational environment for foreign investors in Iran. In this book we analyze all Articles of FIPPA from the legal and practical point of view.

You may like to see the Table of Content this book:

Introduction

Chapter One: Definitions

“The Scope of the Law”

“Foreign Origin”

“Cash Capital”

“Exchange Rates”

“Transfer of Founds”

“Noncash capital”

“Intellectual Property Rights”

“Foreign Investment”

“Investment License”

Documents Required by the OIETAl for the Issuance of Foreign Investment License:

“The Foreign Investment Board”

Chapter Two: General Conditions for Admission of Foreign Capital

“Ownership of Land”

“Methods of Foreign Investment”

Foreign Direct Investment (FDI)

Contractual Schemes

– Joint Ventures

– Buy-back Agreement

– Build-Operate-Transfer (BOT)

Chapter Three: Competent Authorities

Chapter Four:  Guarantee and Transfer of Foreign Capital

Chapter Five:  Provisions for Admission, Importation  and Repatriation of Foreign Capital

Chapter Six: Settlement of Disputes

Chapter Seven:

Final Provisions