SPG SHAKHES PAJOUH GROUP INVESTMENT CONSULTING

CONSULTATIONS f Trade, Market & Legal consultations

NETWORK ^ Connection with local and national Authorties

PARTNERSHIP % Find your best partner among national or local companies.

CERTIFICATION ) Obtain necessary Certifications

PHYSICAL INFRASTRUCTURE p Providing physical infrastructure and buildings SPG, Your Bridge of Investment to WELCOME de for you. de for provi can all SPG and authorities, national local with and relations an excellent companies in other Iran of network a need you important most and certification required obtaining for procedures administrative deal with can who someone You need Iran’s well and regulation, law knows who someone need you store, and your for office infrastructure physical need you market, Iran about search re need you As an investor of filedspecialties. different unit management with under acentral work which companies of and institutes isagroup SPG creation. SPG of reason the and market that's Iran's to present their accelerate can which like abridge something need They Iran’s to enter market. to how know don’t companies foreign the now isolation, many of years’ because but Investment of destination best the of one as considered be and can investment for tunities many oppor has Iran opportunities. Iran’s companies investment seeking reign many why fo shows This trade. of and expansion production, auto and exports, oil production increased through years, following the in significantly expand to Iranian isexpected economy the sanctions, of removal the with estimated which onIran" Sanctions Lifting of Implications “"Economic of title in the sanction lifting after Iran’s about situation areport published bank has world Recently We thought ofall your needs in SPG Shakhes PajouhShakhes Group Director Amir MAHMOUDZADEH - - - - IRAN’S NEW AGE OF INVESTMENT'S OPPORTUNITIES

After lifting sanctions, there are foreign companies seizing the opportunity ahead of their competitors

Even the existing challenges about million people. Given Iran’s top 10 ran- Iran, after lifting sanctions, there are king in the number of UNESCO world foreign companies seizing the oppor- heritage cultural sites in the world, tunity ahead of their competitors. Whi- this is poised to change. Looking fur- le the oil and gas sector gets the most ther into the future, Iran is a potential attention, Iran’s diversified economy global trade hub. Already nearly 20% is attracting companies across indus- of oil trade passes through the Strait tries. In particular, consumer-oriented of Hormuz, the narrow waterway off sectors are counting on Iran’s large Iran’s southern coast, which is the only (nearly 80 million), young (more than sea route out of the and 60% under 30 years old), and urba- one of the world’s most strategic tran- nized (more than 70%) population to sit points. Furthermore, the Interna- be loyal customers in the future. The tional North-South Transport Corridor country’s tourism sector attracted will make Iran a key link in connecting fewer than five million visitors in 2014 India, Central Asia, and Russia. while neighboring Turkey attracted 39 With the removal of sanctions following a nuclear deal, the Iranian economy is expected to expand significantly in 2016 and the following year, through increased oil production and exports, auto “ production, and expansion of trade"

WORLD BANK REPORT: "Economic Implications of Lifting Sanctions on Iran" Why IRAN

Iran’s Economic Advan- knowledge –based economy. tages Unique geographical situation as the junction of the Middle East, Europe The 18h largest economy in the world and Asia by purchasing power parity (PPP) Huge domestic market with 70 million Consumption and the government population and quick access to the plans billions of dollars worth of fur- markets of the neighboring countries ther investment to increase this share. with 300 million population The diversified economy and broad in- A massive resource of efficient, trai- dustrial base with over 40 industries ned and economic-friendly workforce directly involved in the stock Exchange is the industrial base in the Advanced infrastructure across the MENA region. country in the fields of telecommuni- cation, energy and rail/road transpor- Resource-rich economy tation The Middle East market is a prime Huge energy resources and low costs market opportunity for Iran’s non-oil of production and public services exports Suitable climate conditions which An increasingly sophisticated infras- allow agricultural activities in all parts tructure and human capital base pro- of the country and in all seasons. viding the foundation for an emerging IRAN'S FOREIGN INVESTMENT PROMOTION AND PROTECTION ACT (FIPPA)

The Law on foreign investment in Iran Some specific enhancements introdu- under the name of “Foreign Investment ced by FIPPA for foreign investment in Promotionand their shares and and addresses Protection to the tax departmentAct” (FIPPA) within the Iran can be outlined as follows: wasarea ratifiedof the activity ofby the the legal parliamententity (Article 110). in If these2002. legal entities do not submit the documents within the stipulated time span, the tax exemption will be null and void (Article 193)

Highlights of Tax Holidays

Level of Duration of Activity Exemption Exemption Agriculture 100% Perpetual Industry and Mining 80% 4 Years Industry and Mining in Less- 100% 20 Years Developed Areas Tourism 50% Perpetual During 5th Export of services & non-oil goods 100% development Plan Handicraft 100% Perpetual Educational & sport services 100% Perpetual Cultural activities 100% Perpetual Salary in Less-Developed Areas 50% Perpetual All Economic Activities in Free Zones 100% 20 Years

Tax Exemptions Stipulated in the Law on Fifth Five-Year Development Plan In order to: •  FacilitateThere andis no promote restriction industrial andon mineralthe percentage investment in the • Granting protection coverage to all foreign countryof foreign shareholding investment schemes.  Develop non-oil exports • The possibility of registering an Iranian • Quick approval of the foreign investment The Law on Fifth Five-Year Development Plan has stipulated the followingcompany tax exemptions: with 100% foreign capital. application • Transfer of principal capital, dividend and • Issuing a three-year residence license for 1. Articlethe profits159 – A: 15 gainedpercent increasethrough in tax the exemption utilization relevant to foreign investors, directors, experts as Article 138 of Direct Taxation Law of capi-tal in the form of foreign currency well as their immediate family members 2. Article 159 – B: Increasing tax exemption period of industrial and mineralor goods. units in the less developed regions to the same level as the risks covered under FIPPA • exemptionEnjoyment of free of trade-industrial same and zones equal (from 10 treatment years to 20 years) • Expropriation and nationalization 3. Articleas accorded 104: Levying to any domestic tax and tolls investors on non-oil byexports fo- and • Unlimited transfer of capital and dividend servicesreign duringinves-tors. the Fifth Development Plan (except raw materials or • Guarantee of the purchase of the goods commodities with low value-added) • The possibility of investment by foreign and services resulting from investment natural and juridical persons and Iranians projects in BOT investment schemes whe- living abroad. re the government acts as the sole pur- • Allowing investing in all areas which are chaser. permitted to the private sector. TAKE ADVANTAGES OF IRAN'S FREE ZONES

Incentives and advantages for investment in Trade-Industrial Free Zones of Iran

Iran has 7 free zones such as Gheshm, Chabahar, Aras, ment and social security. Anzali, Arvand, Kish, Maku, which have Incentives 7- Transfer of part manufactured goods to the main- and advantages for investment, some of them are as land without paying customs duties. follows: 8- Elimination of pay customs duties on imports from 1-20 years from the date of operation for all economic outside to the region and vice versa. activities 9- Employing trained and skilled manpower in all dif- 2-Foreign investment and nearly a hundred percent of ferent skill levels and professions. the amount invested. 10- Utilization of raw materials, oil and gas as feed- 3- Freedom of entry and exit of capital and profits stock and fuel for all industrial activities. 4- Protection and guarantees for foreign investments. 11- Easy registration of companies, industrial and cul- 5- Abolition of entry visas and easily issue of resi- tural institutions and intellectual property ownership dence permits for foreigners. 12- Easy circumstances for re-export and transit of 6- Facilitated regulation on labor relations, employ- commodities SPG PROFILE

Shakhes Pajouh Consulting Group is committed to excellence in providing services to its clients. Whether in site selection, business attraction, free zone advisory or economic development policy, we bring a client-focused approach to building strategies to create long-term, mutually beneficial partnerships between businesses, communities and country. We do this both through our own team, with affiliated professionals, and through partnerships with other like- minded organizations. In this way, we are able to meet the needs of clients with a variety of industry, functional, and geographic needs.

Shakhes Pajouh Consulting Group (SPCG) is training & seminars. an Iranian management advisory, facilitator SPCG offers customized, effective solutions group of firms and research institute based matching its clients’ needs through a com- in Tehran, Isfahan and Free Zone of Kish bination of analytical expertise, efficient Island, specializing in corporate location network and providing requirements. SPCG advisory, human resource management, free team of multi- disciplinary professionals has zone development, providing physical infra- worked on numerous projects across all over structure including land, buildings, adminis- the country, either on behalf of its growing trative requirements, facilities, development portfolio of corporate clients or as strategic and investment strategies, FDI advisory and advisor to governmental organizations. 1 2 3

FROM PRIVATE SECTOR AUTHORITIES' SUPPORT FAST PERFORMANCE

SPG is a group of private companies SPG benefit support of Local & SPG perfoms and conducts its proj- and institute without limitations & Governmental Authorities including ects as fast as possible regarding restrictions of public sec-tors National and Local Authorities its independence and management 4 5 6

DIFFERENT BRANCHES HUMAN RESOURCE INTERNATIONAL

SPG has Branches & Offices in Most High Motivated, Skilled & Profes- SPG already had many cooperation Important Areas of Iran sional Staff and Human Resources. and collaboraion with Foreign com- panies and institutes and organi- zations

WHY SPG? 7 8 9

EXCELLENT FACILITIES TOWARD INNOVATION BUDGET MANAGEMENT

SPG has many facilities and offices SPG invest on innovative and SPG use a professinal budget man- in most important cities and free creative projects and seeks new agement to meet its client's needs. zones of Iran technologies SPG SERVICES WE PROVIDE

SPG is a group of companies “ which work under a central management and is created based on the need of Investors ” f ^ CONSULTATIONS NETWORK Making an action plan for investments All relations with Iranian companies, chamber requires accessing to necessary information, of commerce and other related organizations data and also statistics and being familiar to can be managed by SPG, I’m delightful to Iran’s trade market, in this regard, SPG can inform you that SPG as a private institute is provide you with necessary trade and market well known for its excellent network with and even legal consultations. related governmental bodies in local and national level. % ) PARTNERSHIP CERTIFICATION For finding your best Market and Partners Investment and establishing branch, needs in Iran, SPG is eqiuped with talented to be followed by many administrative professionals which can do all necessary procedures for obtaining required Market researches and company verifications. certifications from related organs which SPG SPG can be your main representative in Iran. can provide them for you.

p s INFRASTRUCTURE PROVIDER SPG can provide the entire physical Other necessary activities such as human infrastructure including land, buildings, resource management, advertisement, facilities for office, store and etc., for training course can be managed by SPG. SPG establishment of FPT branch in Iran. SPRI has benefit a varity of companies in different different branches in most important areas fileds and can provide all requirements. of Iran in Tehran, Isfahan, Mashhad and free zone of and Chabahar. SPG PARTNERS

SPG is a group of companies and institutes manin idea of creating SPG is the ability act in which are professionals in different fileds and different investement branches. Some of these together acts to meet the needs of investors. companies even were stablished based on the All the companies belong to SPG and all of them needs that SPG has faced during its work. act under the central board of directors. the

SHAKHES PAJOUH RESEARCH INSTITUTE

Main Area of Activity: Research and Education

All investors are aware of the importance of re- licenses of Iran’s Ministry of Science Research search and education in the process of Invest- and Technology. In addition, at the same time, ment. SPG benefits from international research the ministry has issued the license to establish institute. Research Institute of Shakhes Pajouh an observatory of science and technology in this has been established from the early years of institute. The Institute has expanded its research the New Millennium in 2001, in accordance with activities in three research sectors of manage- the approved regulations and definitive - official ment, geography and civil engineering.

SHAKHES SAZAN INTERNATIONAL CONSULTING CO.

Main Area of Activity: Retrofit engineering and construction

Shakhes Sazan International Consulting co. is with in-house engineering, steel fabrication and leading retrofit company, established in 2001, as construction. In the other hand, this company the retrofit engineering and construction firm. provide landscape architecture, planning and This company is a full-service provider, capable urban designs. of completing any retrofit from start to finish

ARMAN PAJOUHESH CO.

Main Area of Activity: Import and export of Goods and Servicies

ARMAN PAJOUHESH CO. offers business solutions Agents, Merchandising Services, Outsourcing to the importer, exporter and investigating firm Services, Warehousing Services, International needing to secure their products or establish Freight Forwarding Services, Customs Clearance a foothold in global market place. It also work Services, Export & Import Services, Transporta- closely with companies that provide Logistic tion Services, Packaging Services, Courier Servi- Services, Cargo Services, Custom Clearing Servi- ces, Warehousing Services, Logistics Consultant, ces, Import Services, Export Services, Indenting Supply Chain Management and etc. FAAL GASHT KISH CO.

Main Area of Activity: Tourism Development

Reffering to many international reports about in sustainable tourism and marketing—providing investment in Iran, Tourism industry is one the end-to-end solutions that consistently meet our best spots. FAAL GASHT KISH Co. based in Iran's clients’ needs and exceed their expectations. It most important free zone, Kish Island, partner delivers sustainable business solutions and have with and employ the industry’s leading experts considerable international experience.

ABNIEH DESGIN CO.

Main Area of Activity: Cunstruction Consulting

ABNIEH DESGIN Co. was established regarding the gineering and construction experience and apply needs of investors on construction. It provides this knowledge to the everyday challenges that comprehensive construction management con- owners, contractors, engineers, and architects sulting services that provide the best results for face throughout the construction process. clinet project. its experts possess decades of en-

NOVIN TADBIR CO.

Main Area of Activity: Corporate Training

NOVIN TADBIR offers many short courses to help dbir also offers tailor-made courses for specific companies and organizations gain the skills and requirements. It focus on running training cour- confidence on a range of issues. It cov-er every ses to the highest standard. Such made-to-or- aspect of HR,and L&D, as well as, leadership, ma- der training courses offer its clients immense nagement and business skills. Courses are deli- cost-reduction and content-adaptation benefits. vered by highly qualified consultants. Novin Ta-

SHAKHES PAJOUH MARITIME INVESTMENT CO.

Main Area of Activity: Maritime investment consulting company

Shakhes Pajouh Maritime Investment Co. based maritime export-import services for developing is in Chabahar port of Iran, located on the Makran an investment strategy focusing on the maritime Coast and is officially designated as a Free Tra- sector. In Chabahr port, exporters can Take ad- de, which is Iran's only ocean port with necessary vantage of transit capabilities of East axis (Iran’s equipment and facilities with mooring capability Eastern Prov-ince, Afghanistan, and willingness for ocean-going vessels. The company holds stra- of neighboring countries and East Africa to invest tegic investments in ships, marine services and in the region based on the value chain. SPG Main Zones of Acivities

ISFAHAN MASHHAD

Isfahan city is the center of Isfahan prov- Mashhad is the second most populous ince with an area over 250 sqkm in central city in Iran and capital of Razavi Khorasan Iran. It has a population of about 2 million Province. It is located in the northeast of including its suburbs and is considered as the country, close to the borders of Turk- one of the metropolitan cities of Iran and menistan and Afghanistan. The city is the third largest city in the country. To- most famous and revered for housing the day, relying on the great capabilities of its tomb of Imam Reza, the eighth Shia Imam. people and its natural resources as well Every year, millions of pilgrims visit the as its human resources, Isfahan province Imam Reza shrine. Mashhad is Iran's sec- is looked upon as one of the major centers ond largest automobile production hub. contributing to the domestic production Numerous large and medium industrial and macro-economy of the country. Isfah- parks are situated throughout the prov- an is producing fine carpets, textiles, steel ince, the largest being in Mashhad. The and handicrafts. It is the capital of knowl- main industries range from mining, such edge base relying on its as precious turquoise stone, marble, gran- active pioneers in the realm of nanotech- ite, cement, ceramic tiles, textiles, leath- nology, biotechnology and nuclear tech- er, copper, metals, wood, carpets, fruit, nology. Over 7000 industrial units are lo- food products, especially canned goods, cated in Isfahan province, ranking the first and the most valuable being high qual- in Iran. There are also 227 active mines in ity saffron, which dominates about 90% the province which is counted as 7.2% of of the total world production. With more total active mines of the country. Isfahan than 55% of hotels in Iran, Mashhad is the province is exporting 310 different goods, hub of tourism in Iran. Every year 20 to 30 including agricultural products, chemical million pilgrims from Iran and more than 2 and industrial goods, minerals and pre- million pilgrims and tourists from around cious metals. the world come to Mashhad. SPG Main Zones of Acivities

KISH ISLAND CHABAHAR

Kish is a 91.5-square-kilometre (35.3 sq mi) Chābahār is a city in and capital of Chah Ba- resort island in the Persian Gulf. It is part har County,Sistan and Baluchestan Province of the Hormozgān Province of Iran. Due to and is Iran's southernmost city. Chabahar is its free trade zone status it is touted as a situated on the Makran Coast and is official- consumer's paradise, with numerous malls, ly designated as a Free Trade and Industri- shopping centers, tourist attractions, and al Zone by Iran's government. Chabahar is resort hotels. It has an estimated population Iran's closest and best access point to the of 26,000 residents and about 1 million peo- Indian Ocean. For this reason, Chabahar is ple visit the island annually. Kish Island was the focal point of Iranian development of ranked among the world’s 10 most beautiful the east of the country through expansion islands by The New York Times in 2010, and is and enhancement of transit routes among the fourth most visited vacation destination countries situated in the northern part in Southwest Asia after Dubai, United Arab of the Indian Ocean and Central Asia. The Emirates, and Sharm el-Sheikh. Foreign na- hope is that with the development of transit tionals wishing to enter Kish Free Zone from routes, and better security and transit ser- legal ports are not required to obtain visas vices, the benefits will reach the local resi- prior to travel. The standard laws of the Is- dents. Chabahar's economic sectors are fish lamic Republic of Iran are far more relaxed industries and commercial sector. Growing than on the mainland, which has resulted commercial sector located at free trade area in significant increases in mostly domestic with high potentiality to turn to a place that tourist population over the years, as well as would connect business growth centers in in international trade on the island. Fifteen south Asia (India) and Middle East (Dubai) to percent of all imports to Iran are through central Asian and Afghanistan market. Cha- Kish.cBesides the existing , bahar is connected to multimodal transpor- a new exchange, the Kish Stock Exchange tation through air, sea and roads. Chabahar was inaugurated in 2010 to facilitate foreign Port is a seaport, serves as Iran's only oce- investment and monetary activities. anic port. SPG INTERNATIONAL COOPERATION SPG INTERNATIONAL COOPERATION SPG CONTACTS

Isfahan Office: Research Institute of Shakhes Pajouh, Ebne 2 No.357, East Allameh Amini Ave, Sina Ave., Isfahan University, HezarJrib St., Isfahan, Iran. Isfahan, Iran Postal code: 81589-49191 Postcode: 81746 /73441 Tel: +98-32616246 Tel: +98 31-36701031 Fax: +98-32616246 +98 31-37932610 Fax: +98 31-37932608

Tehran Office: 158, Qaem Maqam-e-Farahani, Tehran Postcode: 1586983713 Tel: +9821-88844167

Other Offices: East Unit, 1st floor, Next to Behkish bazar, Sanaei St., Kish Island, Iran, Tel: +98-76-4423239, Fax: +98-76-444 7th floor, Next to Behkish bazar, Sanaei St., Kish Island, Iran, Tel: +98-76-4423239, Fax: +98-76-444-23406

Email: [email protected] - [email protected] Website: www.bpshakhespajouh.ac.ir

Mobile: +989131146125 +989133173777

SHAKHES PAJOUH GROUP INVESTMENT CONSULTING