Introduction
Eventually, after 12 years of imposing sanctions against Iran by
governments and international organizations, in January 14, 2016,
all banking, petroleum, insurance etc. sanctions have been lifted.
This provides countless opportunities for investors and heralds an
optimistic and prosperous future for various Iranian
industries.
In order to find a comprehensive perception about post-sanctions
circumstances, it is necessary to elaborate the rules and
regulations and investment framework of Iran. This article has been
drafted by a practical perspective so that the post-sanctions
methods of foreign investment in Iran become understandable.
After nearly 48 years, the 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
