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Tehran Tourist Resort to Open by March 2018

Work on Sarzamin-e-Iranian (meaning Land of Iranians), a massive tourist resort 35 kilometers..

5 Foreign Banks Licensed by Iran

The Central Bank of Iran has released the names of 40 registered banks and credit institutions...

High-cost Sardar-e Jangal could bring Iran high-tech

Caspian Sea, the world’s largest inland body of water, was mainly a center of fishing activities and also a marine transportation hub by the middle of the past century. But discovery of the first oil and gas reserves in the world’s largest lake in th

Are they lucky enough to win Iran oil deals?

After the implementation of Iran’s landmark nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), in January 2016, the Iranian oil industry has witnessed a flock of foreign companies willing to participate in different projects.

Europeans see huge potential in Iran’s energy market

European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran’s oil, gas and petrochemical sectors.

IPF to bring world of petrochemicals together

The 13th edition of Iran Petrochemical Forum (IPF) will play host to 101 participants, representing 74 foreign companies from 18 countries.

International Congress and Exhibition “Hydropower. The Caspian and Central Asia 2017” (15-16 February, Tbilisi, Georgia)

An international congress “Hydropower. The Caspian and Central Asia” takes place 15-16 February in Tbilisi, Georgia, and is a professional platform for high-level participants to discuss key topics to guide the course for hydropower construction and

What to Know About Doing Business in Iran By Matthew Spivack

Foreign companies, foreign governments, and Iranians expected to see improvements to Iran’s investment climate after implementing a nuclear deal and sanctions relief in the country. But peruse some of the recent headlines about Iran, and you might wo

Investment Protection Measures in Iran

I.R. Iran’s Foreign Investment Manual

Open Iran Group/Afarin Law Firm , Services

Open Iran Group/Afarila Law Firm, The Firm, is formed to cater for the needs of international companies and their local counterparts.

Taxation in Iran

A company is resident in Iran if it’s established under the Iranian Commercial Code, or if it is managed from Iran

Germany's Linde gets go ahead for major Iran LNG projects

German Linde Group has received the green light from Euler Hermes — a credit insurance company — to become the biggest contractor in Iran's LNG projects.

Iran's first LPG cargo arrives in Indonesia

Indonesia's state-run energy giant Pertamina officially received a cargo of liquefied petroleum gas (LPG) from Iran on Thursday, marking Iran's first shipment as a new supplier of LPG to Indonesia.

Company Services Department

Virtual Offices, Executive Suites, Meeting Rooms and Office Space Solutions

Turkish bank aims to seal Iran deal soon

Turkish investment bank Unlu & Co. aims to complete the acquisition of an Iranian brokerage in the next six months and become the first Turkish financial services firm to operate in Iran since the easing of sanctions, its chairman said.

Top India shipping line to revive Iran joint venture

State-run Shipping Corp. of India Ltd. plans to revive a 40-year-old joint venture with an Iranian company.

France's Orange in talks with Iran's MCI on potential cooperation

French telecoms operator Orange is in negotiations with Mobile Telecommunication Company of Iran (MCI), the country's largest mobile operator, "regarding a number of areas of potential cooperation and business topics", said a spokesman.

Seoul to open euro-based payment system for Iran trade

South Korea will start a euro-based settlement system for trade with Iran next week, one of the biggest financial barriers for trade with Iran, following the lifting of international sanctions, the South Korean financial minister said.

Major companies expanding presence in Iran’s oil sector

TEHRAN- Renowned international companies from 38 countries across the globe are participating in the 21st International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2016), which is being held at Tehran Permanent Internationa

Daimler vows to take China off Iran roads

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.

Essar Oil pays $500m to Iran via new channel

India's Essar Oil has paid $500 million to Iran via a new payment channel opened recently to clear one-fifth of its outstanding debts.

Indian firms to invest $235m in Chabahar

Goods handled by Chabahar Port will increase from two million tons to eight million tons following an investment of $235 million by Indian firms in the port.

BP ready to invest in Iranian oilfields

British oil and gas giant BP has expressed readiness to invest in the development of certain Iranian oil fields, said a deputy oil minister.

‘Norwegian company after major gas deal with Iran’

Norway’s oil and gas giant Hemla Vantage seeks to seal a $600 million energy deal with Iran on the production and export of liquefied natural gas (LNG) and liquefied petroleum gas (LPG), a report says

Business Advice Department

With more than a decade of experience, we know the International Business inside out. Our experts have helped many traders through the complex process of establishing a business and investing overseas and in Middle East.

Legal Services Department

Open Iran offers legal services through its main partner Afarin Law Firm that is an international firm specialized in providing legal services to transnational companies

UK Trade Mission to Iran 24th to 28th September 2016

The Middle East Association (MEA) will be facilitating a Trade Mission to Iran, in conjunction with M-Power Enterprises. The Mission will last from the 24th to 28th September and will centre on the 11th Annual Iran Water & Wastewater Exhibition (Wate

Iran, Norway ink MoU on oil industry cooperation

Iran's Research Institute of Petroleum Industry and Norway's International Aker Solutions Company signed a memorandum of Understanding (MoU) to broaden cooperation in the oil industry.

OPEN IRAN NEWS : Iran / Russia: “Heavy Iran” Conference Held Successfully (27 April 2016)

The first after JCOPA conference on heavy transportation issues was held here in Tehran under the title of “Heavy Iran 2016” as announced before here at PIMI news headlines:

UK Trade Mission to Iran, May 2016 Multi-Sector 7 to 11 May 2016

With local coordination of Open Iran Group, this multi-sector Mission will visit Tehran from 7th to 11th May 2016 The mission leaders have first-hand experience in doing business in Iran and will give delegates full in-market support. Delegates wil

Iran ready to increase oil exports to India

Iran said on Saturday that it is ready to increase its oil exports to India from the current volume of 350,000 barrels per day (bpd) now that the sanctions that had previously hampered Iranian oil export plans have been lifted

Prince Charles wants to visit Iran: Paper

Britain’s Prince Charles plans to visit Iran for the first official royal trip in more than 40 years, The Sunday Times reports

Iran offers ample investment opportunities for Oman

Muscat: Iran offers ample investment opportunities for Omani entrepreneurs as the country is gearing up to execute several projects in a wide range of industries

Boeing Co. is Finally Open for Business in Iran

The U.S. government cleared the manufacturer to begin talking with approved Iranian carriers about their fleet needs, a first step toward entering the country’s resurgent aircraft market, Boeing (IW 500/12) said Friday

Russian companies gearing up for Iran business

A new report says Russian companies are making a dash for Iranian market following the recent removal of anti-Iran sanctions

Japan Set to Resume Business With Iran

TOKYO—Japan signed an investment treaty with Iran on Friday, joining China and others in a scramble for business as sanctions on the Middle East’s second-largest economy are lifted

Establishment of Foreign Representatives and Branch Offices in Iran

January 2016--The Registration of Companies Act, the Law for Allowing the Registration of a Branch or Representative of Foreign Companies and its By-law, the Law of Protection of the Rights of Consumers and certain other legislation lay down rules fo

Iran Is Back in Business

ostracized as a pariah for almost four decades, Iran is back in business in a mere ten days—and with both East and West

Griffon Starts $108 Million Fund to Invest in Iranian Stocks

Griffon Capital, a Tehran-based firm set up by a group of international and Iranian investors including Xanyar Kamangar in anticipation of Iran’s nuclear deal, is seeking to raise 100 million euros ($108.2 million) by the end of the year for a new of

Consider establishing your company in Free Zones

There is no doubt, Iran has a lot of potential: a domestic market of 80 million people, 93 billion bbl or approximately 9% of the world’s proven oil reserves, 21 trillion cubic meters or 15% of the world’s proven gas reserves, 11 petrochemical comple

Iran capitalises on sanctions removal with slew of deals with western businesses

Western businesses are jockeying for investment opportunities in Iran as the country regains access to the global financial system following the lifting of sanctions at the weekend

Companies rush to invest in Iran after deal

DUBAI — Iran ordered a sharp increase in oil output yesterday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation

Italy to Offer Financing for Investment in Iran

Italian government is working to help companies get closer to investors and prospective clients in Iran

Iran emerges as market of the future

After years of tough United Nations sanctions on Iran, on areas such as banking, steel, shipping and aviation, global companies are hoping to cash in on the expected trade boom. And it is not just about pumping more oil.

Iran emerges from the shadows with huge untapped potential

Officials plan to increase oil production immediately by about 500,000 barrels per day. After that, the next priority is getting access to up to $150 billion of frozen assets to help rebuild an economy that analysts say has the potential to be the "G

OIBC

Becoming a member of Open Iran Business Club is the perfect way to enhance your access to this market. Members gain professional advice and services, have access to exclusive investment projects, have unique opportunities to network and meet like-min

Oman’s path to Iran

Through economic ties and a careful, long-standing diplomatic posture, Oman has become a key player in the Middle East.

Exclusive France's Sephora to open shops in Iran next year

France's Sephora plans to open several shops in Iran starting next year, becoming one of the first major European specialist cosmetics retailers to directly invest in the country as it emerges from years of economic sanctions

Iran’s petchem sector negotiating to open offices abroad

TEHRAN – Iran’s petrochemical sector is negotiating with a number of countries including Spain and the Commonwealth of Independent States (CIS)to open sales offices over there, according to an Iranian oil official.

The Entrepreneur Behind Iran’s Billion-Dollar Super Mall

On the outskirts of Iran’s historic city of Isfahan, one of the largest shopping malls in the Middle East has taken shape.

This ex-Deutsche Bank tech expert quit his job to risk everything on Iran's coming economic boom

Iran's economy is set to get a once-in-a-generation boost when a deal to lift international sanctions gets finalized in a few months.

Iran's Man in New York Is Hunting for Billions of Dollars

Share on Facebook Share on Twitter Iran, by its own admission, needs $150 billion of investment annually for many years ahead to repair the damage from a decade of isolation. That’s a tall order for a country that, even when sanctions are finally l

S. Korea to invest in Iranian airport

South Korean firms may invest in the Iranian airport development plan. Iran’s Roads and Urban Development Ministry is negotiating with South Korean companies to participate in the implementation of Iran’s Imam Khomeini International Airport develo

Microsoft preparing to invest in Iran

Officials in Tehran said on Wednesday that Microsoft as well as several other leading US tech enterprises are preparing to enter the Iranian market in the near future.

Legal Service

Open Iran offers legal services through its main partner Afarin Law Firm that is an international firm specialized in providing legal services to transnational companies

Business Consultancy

With more than a decade of experience, we know the International Business inside out. Our experts have helped many traders through the complex process of establishing a business and investing overseas and in Middle East.

Going Global

Going Global is the top UK national exhibition for businesses that are looking to expand internationally, export products or set up overseas operations.

Iran rushes to meet terms of nuclear deal to lift sanctions

President Hassan Rouhani keen to end sanctions, as European firms pursue lucrative contracts such as huge railway and airport expansion projects

Doing Business in Iran, Opportunities and Challenges 1

Dr Siamak Goudarzi, CEO of Open Iran Group, one of Iran’s most professional international business consultancy firms, and Anita Papp, the firm`s International Development Manager write about the industry’s journey and about how Open Iran Group shaped

Novo Nordisk to build €70m plant in Iran

Novo Nordisk is to become the first western pharmaceuticals company to build a manufacturing plant in Iran, in a sign of confidence in the country’s economy after its nuclear deal with the US and other world powers.

The first Microsoft Store in Iran has reportedly opened in Tehran

Microsoft has launched a new retail store in Iran. It may be the first U.S. company to do so in the country since the recent nuclear agreement lifted trade sanctions in Iran.

Iran Could Become Major Supplier of Natural Gas to EU

By GABRIELE STEINHAUSER and LAURENCE NORMAN BRUSSELS—Iran could become a major supplier of natural gas to the European Union by the end of the next decade, according to new estimates from the bloc’s executive following the nuclear deal reached with

Shell eyes Iran, to pay debt when sanctions end TEHRAN | BY GUY FAULCONBRIDGE

Royal Dutch Shell (RDSa.L) will repay a $2 billion (1.3 billion pounds) debt to the National Iranian Oil Company (NIOC) when sanctions on Iran are lifted and will consider investing in the country's vast energy sector, Shell's boss for new business s

Picking winners in the race to Iran

The third-largest economy in the Middle East has a young, educated populace ready to spend. But U.S. businesses will face big ­hurdles in the country—if they can get there at all.

European companies beat US to Iran business after nuclear deal reached

US firms await outcome of Congress deliberations over Iran agreement, leaving them at the back of the queue for a market due to reopen after years of sanctions

Shell ‘will consider’ investing in Iran

Royal Dutch Shell will repay a $2bn (€1.7bn) debt to the National Iranian Oil Company when sanctions on Iran are lifted and will consider investing in the country’s vast energy sector, Shell’s boss for new business said.

Iran is a once in a lifetime opportunity for brave investors

Emerging market funds and international investors are gearing up to enter Iran once sanctions are pulled down writes Andrew Critchlow

The biggest myths about doing business with Iran

I've led three delegations of top international CEOs to Iran over the past three years. The first, in 2013, was during Ahmadinejad's presidency and later, in 2014 and 2015, under Rouhani.

Accor hotels enters Iran and starts its first hotel operation

Accor, Europe's largest hotel group by number of rooms, has started the operation of their first four-star Axis hotel in Tehran - Financial Times is reporting.

Foreign investors try to tap into Iran

LONDON/NEW YORK, July 20 (Reuters) - A few investors are racing to establish funds for Iran following last week's nuclear deal with world powers, and many others are tapping into multinationals already present in the $400 billion economy.

Iran: The oil and gas multibillion-dollar ‘candy store’

Lifting sanctions should open the way for major oil groups to return to the country, but negotiations will be tough

U.S. and International Businesses Eye an Iranian ‘Gold Mine’ After Nuclear Deal

Lifting sanctions could unfreeze $150 billion of Iranian money and open borders for business

Iran deal: Corporate winners from the nuclear agreement

Everett Rosenfeld | Marguerite Ward | Morgan Brennan Tuesday, 14 Jul 2015 | 1:42 PM ET

Billions up for grabs if nuclear deal opens Iran economy

DUBAI (Reuters) - Iranian investment banker Ramin Rabii says he shouted in joy when he learned that Tehran and world powers had reached a deal which promises to lift economic sanctions on Iran. Then he called colleagues to discuss the business implic

Western Companies Hope For a Bonanza in Iran

If you just looked at the numbers, the deal revealed last week by the aerospace and defense giant Boeing seemed insignificant: $120,000, for some data, aircraft manuals and navigation charts. But symbolically, the sale to Iran Air, revealed on Oct. 2

The Way Back to Iran

Tehran became Pirouz’s principal home. He set up an investment fund, Turquoise Partners (in time for a bull run on the Iranian stock market that lasted several years), and then devoted his energy to his pet project, the Iranian Business School (IBS),

Iran nuclear deal would open last big frontier stock market

(Reuters) - Years of economic sanctions and isolation have ravaged Iran's economy but created one of the last unexploited opportunities for international portfolio investors, who could start moving their money in this year if geopolitics permit. T

Iranian investment scene 'improving' as relations thaw

International investors looking to exploit opportunities in Iran have been meeting for the first time in concert since the country's 1979 revolution. Hundreds of people gathered at The 1st Europe-Iran Forum in London to hear from the likes of form

Iran Lures Investors Seeing Nuclear Deal Ending Sanctions

Hotel with his Farsi translator, sipping coffee with potential Iranian partners while discussing the price of soy fiber. No sooner do they vacate their armchairs than another group of besuited businessmen takes their place, this time conversing in It

U.S. investors begin to imagine a return to Iran

“The current misperceptions and misunderstandings in America regarding Iran as a country, as a society and as a market could be the biggest obstacles” to attracting U.S. investments, said Ramin Rabii, managing director of Turquoise Partners, a Tehran

Sanctions Eased, Iran Gets Feelers From Old Trading Partners

“Most companies want to scope out the landscape,” said Rouzbeh Pirouz, the chairman of a Tehran-based investment firm, Turquoise Partners. “But I don’t think many of them will actually sign contracts and start putting money into this place very quick

Getting Electricity

Below is a detailed summary of the procedures, time and cost required for a business to obtain an electricity connection for a newly constructed building in Iran, Islamic Rep

Dealing with Construction Permits

Below is a detailed summary of the procedures, time and costs to build a warehouse in Iran, Islamic Rep.

Starting a Business

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Iran, Islamic Rep.

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