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 Iran's Tax Incentives to Promote Exports
 Iran's Tax Incentives to Promote Exports
  1. Economy
  2. Domestic Economy

Iran's Tax Incentives to Promote Exports

  1. Economy
  2. Domestic Economy

Iran's Tax Incentives to Promote Exports

The government of President Hassan Rouhani has provided wide-ranging tax incentives to promote manufacturing, investment and non-oil exports, the head of the Iranian National Tax Administration said. “Exports of services, non-oil goods and agricultural products, along with manufacturing and mining activities of non-governmental legal entities, are entitled to a 100% tax exemption,” IRNA quoted Kamel Taqavi-Nejad as saying. Hospitals, hotels and tourist accommodations can enjoy a five-year tax break and investments in economically underdeveloped areas qualify for tax exemptions for 10 years, he added.

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