The Law on Facilitation of Business Licensing

What changes has the Facilitation of Business Licensing Act made to issuance of business licenses?

On March 15, 2022, the Iranian parliament passed a law called the “Facilitation of Business Licensing Act” (FBL). The implementation of this Act has started since May 30, 2022 after the notification made by the President of Iran in this respect. The FBL has 5 articles and 16 notes, the purpose of which is to remove unnecessary barriers to business applicants in the country.