Iran free zones

Register Iran company in free zone area

  • The Iranian Government operates 6 free trade zones and 16 special economic zones in the country, the most prominent being: i) Kish Free Trade Zone ii) Qeshm Free Trade Zone and iii) Chabahar free trade industrial zone;
  • Investment in the Iranian free zones will offer our Clients i) 100% corporate tax exemption for 20 years ii) no visa requirement for entry into the zones iii) exemption from custom duties on exported raw materials, semi-finished goods and machinery and iv) possibility of land purchase for foreigners inside the zones;
  • Healy Consultants will assist our Clients incorporate an Iranian company and then, apply for a permit to operate in the free zone of Client’s choice. For more information about incorporating a company in Iran, please click refer to the attached webpage.
Free zone comparisonKish Free Trade ZoneQeshm Free Trade ZoneChabahar Free Trade Industrial Zone
FTZs used mostly for what purpose?Wholesale TradeTourismConstruction
Average annual Industrial space rent per 1000 sq. m.US$5,000US$10,000US$10,000
How long to set the company up?2 months2 months2 months
How long to open company bank account?3 weeks3 weeks3 weeks
Quality of utilitiesSatisfactorySatisfactorySatisfactory
Allowed to sign sales contracts with local Clients?YesYesYes
Allowed to invoice local Clients?YesYesYes
Corporate tax payable in Iran0%0%0%
Corporate bank accountBank Melli IranBank SepahBank Saderat Iran
Physical office space requiredYesYesYes
Allowed to import raw materials?YesYesYes
Allowed to export goods?YesYesYes
Can be wholly foreign ownedYesYesYes
Can the entity hire expatriate staff in Iran?YesYesYes
Minimum number of directors111
Minimum number of shareholders222
Individual shareholders allowedYesYesYes
Corporate shareholders allowedYesYesYes
Corporate director(s) allowedNoNoNo
Public register of shareholders and directorsYesYesYes
LLC company allowed?YesYesYes
Annual audited financial statementsYesYesYes

Contact us

For additional information on our free zone company services in Iran, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi