Doing business with Iran
We guide partners through sanctions screening, customs valuation (WTO-based), payment mechanisms and local business etiquette, so deals stay compliant and on schedule.
- Check current sanctions and how they apply to your deal before you sign.
- Take legal advice on Iranian law and sanctions, and run due diligence on partners.
- Plan payments early: access to international banking is limited, so local banks or other mechanisms may be needed.
- Customs value follows the WTO Valuation Agreement, with transaction value as the primary method.
- Use formal titles, allow extra time for meetings and expect decisions to come from the top.
Hierarchy, personal relationships and patience matter in Iranian negotiations. We help you prepare.