Preparing For Re-Entering Iran: Some Legal Considerations

After years of economic stagnation under international trade sanctions, Iran is preparing for the post-sanctions era following the historic deal with P5+1 (entitled the "Joint Comprehensive Plan of Action" (JCPoA)) in Vienna on 14 July. The deal could result in the lifting of economic sanctions and the Iranian market reopening for international business.

Like any other emerging market, Iran is an inviting and exciting environment for foreign investors to operate in. At the same time, it can be challenging and complex.

Investors planning to enter Iran for the first time, or to expand an existing presence, should prepare and equip themselves for the challenges ahead.

This update explores some of the legal factors that investors should take into account in planning their market re-entry strategy.