Global Company Formation

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Iran

Iran’s emerging economy has, in recent years, been engaging in trade and investment on a global scale. With the combined advantages of a youthful population and increased wealth, the country has rapidly obtained a reputation as a land of great opportunities. The country’s diversified economy, with an extensive industrial base and service sector, is home to a labor force of highly trained and highly educated individuals, at competitive costs.

The state of Iran is considered the second largest economy in the Middle East and North Africa (MENA) region after Saudi Arabia, with an estimated Gross Domestic Product (GDP) in 2015 of USD 393.7 billion. The country holds great dynamic global market potential, and boasts a domestic market of 70 million people. It is home to 11% of the worlds proven gas reserves and 11 petrochemical complexes. Foreign companies in the region benefit greatly from Iran’s unique take on rich natural resources and high scale technological standards.

The country’s location at the heart of a cross road which connects the Middle East, Asia and Europe truly enlightens the region and its investors on a large scale. In addition, the new investment legislation, the Enactment of new Foreign Investment Promotion and Protection Act (FIPPA) in Iran provides for full security and legal protections based on international standards of transparency to its foreign investors offering them a range of stimulating opportunities in a region with endless opportunity.

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