Business seminar
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June 27, 2019
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Moscow, ECP
Business seminar "Peculiarities of doing business in Iran"
Practical knowledge for entering the Iranian market
Representatives PM Industrial participated in a business seminar held at the Unified Center for Entrepreneurship. The event brought together companies from the oil and gas, transportation, IT, and other sectors to explore the specifics and opportunities of doing business in the Iranian market.
🎤 Seminar speakers
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Shestakov V.
Chief Specialist of the Center for Support and Development of Entrepreneurship
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Sharov A.M.
Director of the RusIranExpo Group of Companies
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Sveshnikova T.A.
Head of the Exhibition and Marketing Department of RusIranExpo Group of Companies
💡 Interesting facts about doing business in Iran
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Sanctioned products and Kish Island
Despite the import ban, sanctioned products are entering the Iranian market via Kish Island.
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Iran Oil Show
The annual oil and gas exhibition organized by NIOC is held in early May.
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Cost of participation in the exhibition
Exhibition space rental costs ~€1,000 per square meter (minimum 12 square meters). Due to the high cost, companies team up to participate.
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Cosmetics market
Iran is one of the leading countries in cosmetics consumption.
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Visa process
Obtaining an Iranian visa doesn't require complicated procedures. An invitation letter from an Iranian company is your advantage.
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Business communication
Iranian companies are eager to use fax services.
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Buying real estate
A foreign individual is not allowed to buy real estate in Iran.
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Competition in the market
China is a major player in the Iranian oilfield services market and its main competitor.
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Tax incentives for the Pardis technology park
Companies registered in the Pardis Technopark can receive tax exemption for up to 20 years.
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The East is a delicate matter. Successfully conducting business in Iran requires a deep understanding of the cultural nuances, regulatory environment, and specifics of the local market. Understanding these nuances becomes a competitive advantage when entering the promising Iranian market.
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PM Industrial's participation in the business seminar provided valuable insights into the specifics of the Iranian market. The knowledge gained about business culture, regulatory aspects, and market opportunities will enable the company to effectively assess prospects for cooperation with Iranian partners and business development opportunities in the region.
