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Incentives for investment in the tourism sector in Iran:

Iran's Ministry of Cultural Heritage, Tourism and Handicraft announced the following incentives for investment in the tourism sector in Iran:

- Exemptions for energy, fuel, phone, insurance, etc.

- Special tax exemptions in underprivileged areas for up to 10 years and 5 years for those in privileged areas.

- VAT exemptions for three-star and below hotels and hostels.

- Substituting tax payment for companies and institutions with the amount of tourism content creation costs.

- Customs exemption for the import of tourism production line equipment and machinery.

- Exemption from construction permit fees, waste reduction, and renovation of tourism facilities with the approvals of the local council of the city and through the municipalities.

- Granting facilities with governmental interest and tariff and subsidies for tourism facilities.

- Paying gratis credits to investors who use non-subsidized sources.

- Transferring of national lands and ownership document with government tariff and rate based on the time of transfer to the investor.

- Granting Credit and governmental infrastructural grants for tourism projects.

- The priority is to change land use of two urban commissions for the implementation of tourism projects.

- Instalment payment of fees for land use change and selling density to the municipality.

- Exemption of land use change payment fees for hotels, Special tourism areas, Eco-lodge and tourism complexes.

- All supportive and incentive laws in the field of foreign investment with the approval of the Organization for investment Economic and Technical Assistance of Iran.