Iran Free Zone Law and Regulation
Based on provisions of article 1 of the Act pertaining to the Establishment and Administration of Special Economic Zone, the objective in establishing those zones have been declared as:
1- Supporting economic activities,
2- Establishing international trading relations and economic agility in the region, production and processing goods,
3- Technology and know-how transfer,
4- Non-oil exports,
5- Job creation, absorption and encouraging local and foreign investments,
6- Re-export, foreign transit and transhipment
Special economic zones play an important role in the increasing process of international trades across the world. In view of global economy, special economic zones and exports processing regions are considered important tools in policy setting goals of government for industrialization expansion, job creation and regional development.
1- Issuance of separated warehouse slips that can be traded, and issuance of certificate of origin for import and export goods,
2- Freedom in participation and investment for Iranian and foreign nationals. Import and exit of the cargo without customs duty and commercial interests payments for the purpose of processing, production, change, completion.... .Customs exemptions for importing cargoes made in the special zones for inside the country equal to the value added amounts. The possibility of exports, transit, transhipment and re-export of goods without any customs formalities. Securing foreign capitals and the profits they have earned. Freedom of capital entry to or exit from the zone. Freedom of entry and exit of foreign goods to and from all origins and destinations in the region. Possibility of processing and packaging cargoes for re-exports. Possibility of producing different types of industrial products that could be supplied in the Iranian markets or foreign countries. Possibility of importing a percent of products from the zone to the country without going into long formalities. Wholesale of goods in easy conditions.