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Kish is a Free Trade Zone located in Hormozgan Province, Iran, governed by the Kish Free Zone Organization (KFOZ). Investment law in Kish blends Iran’s national framework with zone-specific regulations issued by the Free Zone authority. Investors typically benefit from streamlined licensing, potential 100 percent foreign ownership in supported sectors, and exemptions from certain duties and taxes for qualifying projects. Always verify the current incentives and procedures directly with the Kish Free Zone Organization, as rules can change.
Note - This section provides a general overview. For precise requirements and eligible activities, consultation with a licensed attorney or Kish regulatory official is essential.
Free zones are designed to attract investment by simplifying procedures and offering incentives that boost export-oriented activity.
UNCTAD notes that special economic zones, including free zones, play a key role in shaping investment strategies and export performance. World Bank provides country-level context on Iran’s investment climate and regulatory environment for investors. ITC offers resources on trade facilitation and zone-based investment governance that are pertinent to Kish.
Key laws and regulations governing investment in Kish
Recent trends - Kish and other free zones are pursuing modernization of licensing processes and digital services to shorten registration timelines and improve transparency for investors. Always confirm the current framework with KFOZ and your legal advisor, as updates can affect eligibility and timelines.
Sources for further reference include:
The Kish Free Zone Organization governs licensing, incentives, and operations within Kish. It sets the rules for company formation, ownership, and export-import activities specific to the zone. Investors should consult KFOZ for current eligibility and procedural details.
Begin with a formal inquiry to KFOZ or a licensed agent, prepare a basic business plan, and submit documents for licensing. The process typically includes zone registration, project assessment, and license issuance within weeks depending on sector.
Exemptions are available for eligible projects under Kish zone regulations and FIPPA. The scope and duration vary by sector and project, so confirm current terms with KFOZ and your counsel before committing funds.
Applications are submitted to the Kish Free Zone Organization, often via its official channels or through appointed zone agents. Ensure all corporate documents and project details are complete before submission.
Some activities require local representation or authorization to operate within the zone. A local attorney or agent helps navigate regulatory requirements and coordinate with zone authorities.
In many cases, Kish allows high levels of foreign ownership for eligible sectors under zone regulations. The exact ownership structure depends on the project type and licensing rules set by KFOZ.
Yes. A lawyer ensures the contract complies with FIPPA and Kish regulations, and protects intellectual property, ownership, and dispute resolution terms.
Foreign staff typically require work permits and visas. A legal advisor can coordinate with authorities, help prepare supporting documents, and ensure compliance with zone and national requirements.
Capital requirements vary by sector and project. Your lawyer can help determine the applicable threshold based on the license category and zone incentives you seek.
Typical timelines range from a few weeks to a couple of months, depending on sector, document completeness, and regulatory reviews. A lawyer can often expedite processing by ensuring proper submissions.
Kish zone regulations grant zone-specific incentives and licensing procedures distinct from mainland Iran. Some sectors may require local zone authorization in addition to national compliance.
Disputes may be resolved through arbitration, local courts, or international mechanisms depending on contract terms. A lawyer can draft dispute resolution clauses aligned with zone practices.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
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