The legal framework of foreign investment regime in Iran is defined under the Foreign Investment Promotion & Protection Act (FIPPA).

 FIPPA, is ratified in 2002 and replaced its predecessor LAPFI (which was in effect since 1955) to further improve the legal framework for foreign investments in Iran.

Some features of investment under FIPPA

No Limitation on:

 Equity Percentage,

Volume of Investments,

Profit Transfer,

​​​​​​​ Capital Repatriation

​​​​​​​ Types of Capital Imported

​​​​​​​ Types of investment (Direct Investment (Equity Participation) in All Areas Open to Iranian Private Sector in Greenfield & Brownfield Projects & Investment through Contractual Arrangements)

​​​​​​​ No Import / Export Restriction

​​​​​​​ Equal Treatment towards Foreign Investors as accorded to Local Investors