• Chapter five : provisions on admission, importation and repatriation of foreign capital
foreign capital may be imported into the country by way of one or a combination of the following manners to be protected by this law:
a. sums of cash to be converted into rials;
b. sums of cash not to be converted into rials but to be used directly for purchases and orders related to foreign investment;
c. non-cash items after evaluation by the competent authorities.
note. arrangements related to the manner of evaluation, and registration of foreign capital shall be determined in the implementing regulations of this law.
the rate of conversion of foreign exchange applicable at the time of importation or repatriation of foreign capital as well as the rate for all transfers, in case of applicability of a unified rate of exchange, shall be the same rate prevailing in the country's official network; otherwise, the applicable rate shall be the free-market rate as acknowledged by the central bank of the Islamic Republic of Iran.
the original foreign capital and the accrued profits, or the balance of capital remaining in the country subject to a three month prior notice, after fulfillment of all obligations and payment of legal deductions, and upon confirmation by the minister of economic affair and finance, shall be transferable abroad.
dividends of foreign investments after deduction of taxes, dues and statutory reserves, upon the approval of the board, and confirmation by the minister of economic affairs and finance, shall be transferable abroad.
payments related to the installments of the principal of the financial facilities of foreign investors and relevant expenses, agreements for patent rights, know-how, technical and engineering assistance, trade marks and names, management as well as similar agreements within the framework of the relevant foreign investment, upon the approval of the board and confirmation by the minister of economic affairs and finance, are transferable abroad.