LAPFILaw for the Attraction and Protection of Foreign Investment
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References in periodicals archive ?
Foreign investors can choose between three different options, namely: (1) investment under the Law for Attraction and Protection of Foreign Investment (LAPFI), (2) investment in the Iranian mainland without the protection of LAPFI, and (3) investment via the Free Trade Zones.
The parliament has prepared a new LAPFI that extends protection to all types of economic activity and includes financing schemes such as BOT and buy back.
A foreign investor investing in Iran without the protection of LAPFI can legally bring funds into Iran through the banking system and exchanged them at the free market rate.