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Hamedan Center of Foreign Investment Services
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Registration of all Investors and Executives of Semi-finished Projects, and Developmental Projects in the Province............ The Iranian Year 1396, is the Year of Economy of Resistance: Production and Employment.........................A new round of Hamedan Center of Investment Service (HCIS) activities ..............HCIS ready to give advice and facilitate licensing process through the fully-authorized representatives................. We'll take care of everything for you
Stage 1: Submission  of  Application  to  the  OIETAI:
   Under  FIPPA,  application  procedure  for  investment  licensing  is   designed  in a  very  short  and  simplified  manner. As  illustrated   bellow  the  whole  licensing   procedure  is  designed  in four  stages, as  follows.



 
 Stage 2:  Review   of  the  Application  by  the   Foreign  Investment  Board  ( FIB ):
 The  OIETAI   will prepare  a  report  on  the  application  to be reviewed  for  a decision by  the FIB. This  process  usually  will   not  take  more  than  15 working  days   from the time  of  the  receipt  of  the application.Representatives  of  the  foreign   investors  are usually  invited  to  take  part  in the  FIB  meeting. However,  the  Board  has  to   make  its  decision  not  later  than  one  month.
 
Stage 3:  Communication  of  the  Draft   License  to the  Foreign  Investor:
 In  order  to ensure   that  the  investor  is  satisfied   with  the  decision  of  the  Board,  a  draft  license   will  be  communicated  to the investor  before  issuance  of the  final  investment  license. This   gives  the  opportunity  to the  investor  to  review   the  details  of the  content  of the license as  a  sign  of  his  no objection before  final   delivery. The  OIETAI  welcomes  any  contrary   commentary   to the decisions   made  and  would  be  ready  to take   the matter  to the   Board   once  again  for  reconsideration.
 
 
Stage  4:  Issuance  of the  Investment   License:
 The  final  license  shall   not  be  issued  at  any  circumstances  unless  the  OIETAI   is  officially  informed    by the  investor   of  his  confirmation  to  the   content   of the draft  license . Having  received  the  investor’s  confirmation  on the  draft,  the final  investment  license  will   be   issued   earmarked   by the signature  of  the  Minister  of  Economic  Affairs  and  Finance.



 

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