Growth in Business Startups

A total of 449,927 business permits were issued by the Ministry of Industries, Mining and Trade during the current fiscal year’s first nine months (March 21-Dec. 21), registering a 1.3% growth compared with the similar period of last year, latest figures released by the Ministry of Industries, Mining and Trade show. 
About 58,838 permits were issued during the ninth Iranian month (Nov. 22-Dec. 21), registering a 21.92% increase month-on-month.
Topping the list of provinces with the highest number of business permits during the nine months were Tehran with 54,756, Khorasan Razavi with 36,938, Isfahan with 34,457, Mazandaran with 28,494 and Fars with 23,290.
Tehran also topped the list with the highest number of permits during the ninth Iranian month with 6,393 permits. It was followed by Khorasan Razavi with 4,573, Isfahan with 4,614, Mazandaran with 3,738 and Fars with 3,275 permits.
The number of permits stood at 665,607 in the last Iranian year (March 2020-21), indicating a 58% growth compared with the previous year.
The number of e-trust permits issued in the nine-month period registered a 13.8% increase to reach 27,557. 
E-trust permits issued in the eighth fiscal month stood at 4,729 to register a 44.5% increase month-on-month.
In the last Iranian year, these permits increased by a whopping 150.8% to 33,044.
Receiving an e-trust symbol from the Industries Ministry is one of the key factors in developing e-commerce, building trust and confidence for users of electronic services. An e-trust symbol is displayed as a mark on top of sites that are legally permitted to provide such services.