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As of coming into force of the Free Trade-Industrial Zones Act, the Organization for Administration of Free Zones is the successor of the other governmental organizations, administrations, ministries etc, with regard to national resources, lands and real estate within the boundaries of the zone. Sale and leasing of lands to the Iranians is permitted, but as far as foreign nationals are concerned, only leasing is permitted. In other words, foreign nationals and companies whose capital wholly or partially is owned by foreigners, may not own lands in any part of Iran.

According to the “Bylaw on the Use of Land and Other National Resources in the FTIZ”, any use of land is permitted within the framework of the approved master plan and the internal regulations of the Authority (namely the Organization for Administration of FTIZ).

Assignment of contracts for the sale or lease of land to others is authorized, upon obtaining permit from the said authority.

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

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