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Iran for doing business tax free

Maybe you can use local banking and exchange for crypto if you want to take the money out.

If you need to accept international payments do it through crypto.
 
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Iranian Business Council in UAE could be useful
https://www.ibc.ae/

Also Bank Saderat Iran. Their UAE bank branch in Dubai you can open accounts for payment and account needs. Opening forms are online. You can also walk right in and ask about accounts if you have questions.

http://www.banksaderat.ae

P.S Bank Melli Iran has bank branch in Dubai also. So for the determined it is totally possible to do legal business in Iran if you observe sanctions.
 
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Also Bank Saderat Iran. Their UAE bank branch in Dubai you can open accounts for payment and account needs. Opening forms are online. You can also walk right in and ask about accounts if you have questions.

http://www.banksaderat.ae

P.S Bank Melli Iran has bank branch in Dubai also. So for the determined it is totally possible to do legal business in Iran if you observe sanctions.
I might as well add Europäisch-Iranische Handelsbank AG here (for SEPA access). It's a German bank with branches in Iran, including Kish Island.
https://www.eihbank.com/en/
 
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I might as well add Europäisch-Iranische Handelsbank AG here (for SEPA access). It's a German bank with branches in Iran, including Kish Island.
https://www.eihbank.com/en/

That's a good option. But I don't think they are a direct SEPA participant as I cannot find them on list? Bank Melli in Hamburg is also an option. They have advantage of extensive branch network throughout Iran also.

https://www.bankmelli.de/en/


P.S I am sure the next Marc Rich will emerge as where there is demand and cheap resources there is money to be made.
 
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That's a good option. But I don't think they are a direct SEPA participant as I cannot find them on list? Bank Melli in Hamburg is also an option. They have advantage of extensive branch network throughout Iran also.

https://www.bankmelli.de/en/


P.S I am sure the next Marc Rich will emerge as where there is demand and cheap resources there is money to be made.
Yes, they are.
Check SCT Register of Participants
https://www.europeanpaymentscouncil...s/registers-participants-sepa-payment-schemes
 
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Is this 20-year tax exemption the same as the 50-year tax exemption promised by UAE freezones?
It's not exactly the same. Nowadays, in the UAE, rather limited activities are exempt from tax (also referred to as qualifying activities), so in Iran the scope is broader.

However, you can still have your UAE entity provide headquarters services (tax-free in the UAE) to affiliated entities, e.g., in Iran.

To do business globally with an Iranian company, you might need to have intermediary entities in other jurisdictions.
 
Sanctions is nothing more than "rules for thee, not for me".

For as long as I can remember Iranian goods were paid for in cash in Italy. Several banks there facilitated the exchange from cash to Euro (and even dollar) and then paid by banktransfer the supplier.

Specifically funny because many Iranian companies negotiated in dollars and paid in dollars in cash. Only to see those dollars being converted to dollars. :cool:

People I worked with called Italy always the anus of Europe because of them facilitating transactions to and from Iran. Owh and all of this is known at the highest levels of government / EU and other bodies.
 
Sanctions is nothing more than "rules for thee, not for me".

For as long as I can remember Iranian goods were paid for in cash in Italy. Several banks there facilitated the exchange from cash to Euro (and even dollar) and then paid by banktransfer the supplier.

Specifically funny because many Iranian companies negotiated in dollars and paid in dollars in cash. Only to see those dollars being converted to dollars. :cool:

People I worked with called Italy always the anus of Europe because of them facilitating transactions to and from Iran. Owh and all of this is known at the highest levels of government / EU and other bodies.
Exactly. Speaking of which:

 
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Source?

(A random Twitter account is not a source, by the way. Especially not with "multipolar" in its bio.)
 
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