Monday 13 October 2025
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Avapress - 4 month ago

K A new paradise for foreign investors with a 20-year tax exemption

In response to an AVA reporter s question, Mohammad Jafar Kabiri, CEO of the Kish Free Zone Organization, explained the legal and tax programs and advantages of this zone to attract tourists and foreign investors. He considered the 20-year tax exemption on performance to be the most important pillar of investment in Kish and announced efforts to extend this period in the Direct Tax Law. Kabiri also mentioned the incentive packages of the Investment and Information Technology Organization for investors over $5 million and said that the project of Iran s second largest gas field is being implemented on Kish Island and a consortium has been formed in cooperation with the country s Ministry of Oil to develop it. Investment opportunities in this project will be available to domestic and foreign activists in the next two months.


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