Contents:

• Iranian Gov’t Sets the Orders for Implementing One Year of its ‘’Economic Diplomacy Plan’’

• Passengers Allowed to Take Hand-woven Carpets up to 24 sq m.and Rugs up to 40 sq m Abroad

• Iranian Judiciary Sets Regulations for Litigating through the Electronic Judicial services

• Iranian Judiciary: Surveillance Limit of Movement for Released Convicts who are under Electronic Monitoring

• All Iranian Nationals will have Economic Code for Taxation

• Provincial Municipality Ordered to Pay Full Diya in Accidental Death

• Foreign nationals living in Iran Should Obtain a Special Code for Receiving Banking Services Etc

• Iranian Court Sentences Culprit to Write an Article on the Advantages of Maintaining Legal Standards and Writing: “I honour the law’’500 times

• Car Owners traveling between Cities to be Fined for not having Corona Vaccine Shots

• AIA Reverses Decision: Foreign Travelers to Pay in National Currency for Domestic Flights

• Government Resolution Increases the Minimum Annuity for Pensions, Disability and dependent Survivors receiving Social Security Payments

• The Iranian parliament passes the law on organizing and importing cars

• Amount of Diya (blood money) Set for the Current Iranian Year 1401 (21 March 2022- 20 March 2023)

• Refund of taxes and duties on goods carried by travelers and of tickets for international flights of foreign tourists, purchased from Iranian airlines.

• Iran Joins Occupational Safety and Health Convention, 1981 (No. 155)

• Provision on Custom Duty Exemption for Imported Production Line Machinery

• Iran to Resume Issuing Tourist Visas

• Implementation of the new Iranian VAT law as of January 2022

• Iranian High Court Breakthrough on Compensation in Cases Wherein It is Established that the Object Sold Belongs to a Third Party

• Iranian High Court Rules on delayed Payment Compensation respecting Bad Checks

• Iran Extends Unrestricted Import of foreign Banknotes, Gold, Silver and Platinum

• Iran’s president-elect, Ebrahim Raisi, calls for Economic Transformation and Attraction of Foreign Investment

• IRAN Decides to Cancel Entry Visa for Iraqi nationals on Condition of Reciprocity

• Amount of Diya (Blood Money)  Set for the Current Iranian Year

• Iran-China Strategic Cooperation Agreement Needs Ratification of the Parliament for Effectiveness

• Strict amendments to the Check Law now applicable

• Iranian Tribunal Rules that Revenues from Credits and financial Facilities Granted by Foreign-based Banks are not Subject to Taxation

• Conversion of Companies allowed in Iran, now in effect

• Iran Eases Start of Business Activities

• Decree of the Iran Council of Ministers on Reaching Conciliation with Survivors of the Victims of Ukrainian Plane Crash

• Trial Execution of VAT Legislation Extended for Another Year

• Iran to Tackle FATF Problem for the Second Time

• Conversion of Companies allowed in Iran, not Yet Executable

• Decree on Prohibiting Transit of Petrol, Gas Oil and Similar Hydrocarbons Across the Territory of Iran

• Damages Caused by Defective Goods shall be Considered by the Governmental Courts

• Iran joins the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific

• Iran’s Representative to the Joint Economic Committee with Switzerland Appointed

• Commercial Shipping Agreement in the Caspian Sea between Iran and Kazakhstan Concluded

• Import of Parts and Necessary Accessories for Assembly Lines Allowed

• Prohibition of Export of Certain Capital, Industrial and Agricultural Items

• Import of Raw Material and Parts for Production Allowed to Free Zones without order registration

• Foreign Currency Repatriation Obligation Set for Iranian Exporters

• The Check Law of Iran Amended

• New Regulations on Export, Import and Hard Currencies Announced

• New Mechanism for Importing Capital and Durable Consumer Goods from 22 November 2018

• To Encourage More Investment, Stocks Sale Tax Reduced

• Iran Heads for Conclusion of Mutual Investment Agreement with Mongolia

• Iran joins Treaty of Amity and Cooperation for Southeast Asia (TAC)

• Iran Settles Debt with IMF

• Waiver of Visa Requirements for Omani Nationals

• Iran’s National Organization of Immigration to be set up

• Exemption of Income and Property Tax in Free Zones Explained

• Tehran Courts Assigned Two Special Branches for Insolvency and Bankruptcy Cases

• Order Registration for Import of All Manner of Goods Obligatory

• Iran Chooses Euro as the Currency for Reporting, Publishing of Statistics, Information and Financial Data

• Share of Foreign Finance Set in the National Budget 1397 (21 March 2018-20 March 2019)

• Import Duty to be increased for Supporting Exports and Improving Trade Balance

• 100% Tax Relief for Software Design Companies

• Import Allocations of Garments Set for Free and Special Economic Zones

• Iran and Cuba Agree upon Waiving Visa Regulations for Holders of Diplomatic, Service and Official Passports

• Iran and Serbia Approve Visa Waiver for Ordinary Passport Holders 

• Iranian Patents, Industrial Designs and Trademarks Law Extended

• Iran and South Korea Approve Extradition Treaty

• Iranian Government Still Not Allowed to Buy Foreign-made Cars

• Agencies Responsible for Joint Economic Commissions with the States ofAzarbijan and Turkey Appointed

• Council of Ministers Decree Issued for Combating Dumping

• Import of Mint Condition Secondhand Mining and Construction Machinery of Reputable Global Brands Allowed

• Import of Iron and Scrap Metal from Iraq and Afghanistan Prohibited

• Foreign Finance and Financial Facilities Exempt from Taxation in Iran

• Agreement on Social Security Concluded between Iran and Turkey

• Foreign Branches and Representative Offices Obliged to Render Audited Financial Statements

• Iran Concedes to the Deliberations of the 25th Congress of the Universal Postal Union

• Iranian and Foreign JV Companies Considered Sole Beneficiaries for Receiving Bank Facilities

• CBI Sets Rules for Forex Operations of Non-banking Credit Institutes

• 4% On Account Tax for imported Goods

• Economic Cooperation Agreement Concluded Between Iran and Latvia

• Iran and Russia Sign Agreement on Mutual Promotion and Protection of Investments

• Exemption of Payment of Customs Duty Shall not Apply to Import of Second hand Foreign Machinery

• Economic Cooperation Agreement Included Between Iran and Hungary

• Iran and the Republic of Azerbaijan Sign Accord on Mutual Administrative Assistance in Customs Affairs

• Conclusion of Agreement for Iran and Korea’s Mutual Administrative Cooperation in Customs Affairs

• Economic Cooperation Agreement Formed between Iran and Croatia

• The Law Sets Rules for Iran and Russia’s Mutual Administrative Cooperation in Customs Affairs

• Avoidance of Double Taxation Agreement Concluded Between Iran and Morocco

• Iran and the Czech Republic Conclude Economic Cooperation Agreement

• Agreement on Avoidance of Double Taxation and Tax Evasion Concluded by Iran and Cyprus

• Iran and Japan Agreement on Mutual Promotion and Protection of Investments Finalized

• Iran and China Sign Treaty on Mutual Legal Assistance in Criminal Matters

• Iran and Tanzania conclude Agreement on Mutual Promotion and Protection of Investments

• Iran and Hungary Sign Agreement on Avoidance of Double Taxation and Tax Evasion

• Agreement for Transfer of Convicts Concluded between Iran and the Kyrgyz Republic

• Iran Becomes a Member of AASSA

• Agreement on Mutual Promotion and Protection of Investment Concluded between  Iran and Slovak Republic

• Import of Certain Home Appliances Needs Agency of Foreign Companies

• Iran and Thailand Conclude Trade Agreement

• Iran’s Ministry of Economic Affairs and Finance Appointed as the Executive Body for Dealing with AIIB

• Tehran Municipality Exerts Levies on Immigrants

• Iran Customs Starts Implementation of the Decree on Foreign Currencies Held by Passengers

• Application for Import of Certain Goods Should be Registered with Iran National Trading System

• Code Faragir is Required by Foreigners Domiciled in Iran–What is It?

• Foreign Investors May Receive Financial Facilities from Iran’s Development Fund

• Entry from Iran to the Republic of Azerbaijan by cars lacking Euro 4 standards or manufactured before 2010 banned

• Tax Criminalization in Iran

• Iran Welcomes Amendments of International Convention for the Safety of Life at Sea (SOLAS)

• Import of Some Second hand Goods Disallowed

• Decree on Visa Procedures for Foreign Nationals in Free Zones

• Iran Signs Agreement on Veterinary and Husbandry Health with Republic of Azerbaijan

• New Rules Set for import and export of Forex by Passengers  and Transit Drivers

• Legal Newsletter

• National Fund for Environment Created

• Iran-Ghana Shipping Agreement Submitted to the Parliament