Also called Persia, Iran is located in Western Asia and has a rich and storied history as one of the world’s oldest civilizations. In the 7th century, Arab Muslims conquered the region, leading to the decline of the Zoroastrian religion, once dominant. The area became a center of Islamic culture and learning whose influence spread across the Muslim world and beyond during the time of the Persian Empire.  Iran’s modern history is more troubled with autocratic rule being established via an Islamic theocracy in the late 20th century, along with conflicts with much of the Western world.

Iran’s geography is mountainous, with several ranges crossing into its borders, including the Caucasus, and the Hindu Kush. Its climate ranges from dry to subtropical along the Caspian Sea and its varied wildlife includes Asiatic cheetah, Persian lion, bears, the Eurasian lynx, foxes, gazelles, gray wolves, jackals, panthers, and wild pigs.

Iran is well known for its cuisine, which includes a wide range of main dishes, including various types of kebab, pilaf, stew (khoresh), soup, and omelette. Herbs are often a main ingredient, along with fruits such as plums, pomegranate, quince, prunes, apricots, and raisins.

2021
March 11Prophet’s Ascension
March 21Norooz (Persian New Year)
March 22Norooz Holiday
March 23Norooz Holiday
March 24Norooz Holiday
March 29Imam Mahdi’s birthday
May 3Martyrdom of Imam Ali
May 13Eid-e-Fetr (End of Ramadan)
May 14Eid-e-Fetr (Additional Holiday)
June 6Martyrdom of Imam Sadeq
July 20Eid-e-Ghorban (Feast of Sacrifice)
July 28Eid-e-Ghadir
August 18Tassoua
August 19Ashura
September 28Arbaeen
October 6Demise of Prophet Muhammad and Martyrdom of Imam Hassan
October 7Martyrdom of Imam Reza
October 15Martyrdom of Imam Hasan al-Askari
October 24Birthday of Prophet Muhammad and Imam Sadeq
  • شرکت سهامی عام (Sherkat Sahami Am)
  • شرکت سهامی خاص (Sherkat Sahami Khas)
  • شرکت با مسئولیت محدود (Sherkat ba Masouliyat Mahdoud)
  • شرکت مختلط غیر سهامی (Sherkat Mokhtalet Gheyr Sahami)
  • شرکت مختلط سهامی (Sherkat Mokhtalet Sahami)
  • شرکت تضامنی (Sherkat Tazamoni)
  • شرکت نسبی (Sherkat Nesbi)
  • شرکت تعاونی تولید و مصرف (Sherkat Ta’avoni Tolid va Masraf)
  • Corporate Tax: 25%
  • Income Tax (Lowest Marginal Rate): 0%
  • Income Tax (Highest Marginal Rate): 35%
  • VAT/GST/Sales Tax: 0% (reduced rate), 9% (highest rate)
  • Bank Melli Iran (Commercial Bank)
  • Bank Sepah (Commercial Bank)
  • Post Bank of Iran (Commercial Bank)
  • Bank of Industry and Mine (State Bank)
  • Bank Maskan (State Bank)
  • Export Development Bank of Iran (State Bank)
  • Qarzol-Hasaneh Mehr Iran Bank (State Bank)
  • Keshavarzi Bank (State Bank)
  • Qarzol-Hasaneh Resalat Bank (State Bank)
  • Tose’e Ta’avon Bank (State Bank)
  • BankMuscat Bank Muscat SAOG (Oman) (Foreign Bank)
  • Erste Bank (Austria) (Foreign Bank)
  • Europäisch-Iranische Handelsbank (de) (aka The Iran-Europe Commercial Bank) (Foreign Bank)
  • Future Bank (Foreign Bank)
  • Islamic Development Cooperation and Regional Investment Bank (Foreign Bank)
  • Raiffeisen Bank (Austria) (Foreign Bank)
  • Standard Chartered (Foreign Bank)
  • UCO Bank Ltd (India) (Foreign Bank)
  • Woori Bank (South Korea) (Foreign Bank)
  • Ansar Bank (Private Bank)
  • Ayandeh Bank (Private Bank)
  • Bank Mellat (Private Bank)
  • Bank Pasargad (Private Bank)
  • Bank Saderat Iran (Private Bank)
  • Bank Shahr (Private Bank)
  • Bank Day (Private Bank)
  • EN Bank (Private Bank)
  • Bank Hekmat Iranian (Private Bank)
  • Iran Zamin Bank (Private Bank)
  • Karafarin Bank (Private Bank)
  • Parsian Bank (Private Bank)
  • Refah Bank (Private Bank)
  • Saman Bank (Private Bank)
  • Sarmayeh Bank (Private Bank)
  • Sina Bank (Private Bank)
  • Tejarat Bank (Private Bank)
  • Tourism Bank (Private Bank)
  • Ghavamin Bank (Private Bank)
  • Middle East Bank (Private Bank)

Aadmi can support you with your expansion to Iran. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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