25 March 2017

CBI Official rates TEHRAN 25 March 2017 (Source: CBI Website)

Currency Rate
USD 32,418
JPY100 29,117
EUR 35,027
GBP 40,430
CHF 32,694

Open market rates for major foreign currencies
Tehran, 25 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar NA
(EU) Euro NA
British Pound NA

* CBI = Central Bank of the Islamic Republic of Iran

18 March 2017

CBI Official rates TEHRAN 18 March 2017 (Source: CBI Website)

Currency Rate
USD 32,420
JPY100 28,772
EUR 34,851
GBP 40,191
CHF 32,481

Open market rates for major foreign currencies
Tehran, 18 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37480
(EU) Euro 41120
British Pound 47760

* CBI = Central Bank of the Islamic Republic of Iran

16 March 2017

CBI Official rates TEHRAN 16 March 2017 (Source: CBI Website)

Currency Rate
USD 32,422
JPY100 28,589
EUR 34,766
GBP 39,775
CHF 32,421

Open market rates for major foreign currencies
Tehran, 16 March 2017 (Source: Kish Forex Dealing Agency)

Currency Rate
US Dollar 38213
(EU) Euro 41143
British Pound NA

* CBI = Central Bank of the Islamic Republic of Iran

15 March 2017

CBI Official rates TEHRAN 15 March 2017 (Source: CBI Website)

Currency Rate
USD 32,424
JPY100 28,243
EUR 34,419
GBP 39,426
CHF 32,124

Open market rates for major foreign currencies
Tehran, 15 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37720
(EU) Euro 41270
British Pound 48020

* CBI = Central Bank of the Islamic Republic of Iran

14 March 2017

CBI Official rates TEHRAN 14 March 2017 (Source: CBI Website)

Currency Rate
USD 32,420
JPY100 28,236
EUR 34,539
GBP 39,570
CHF 32,179

Open market rates for major foreign currencies
Tehran, 14 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37600
(EU) Euro 41140
British Pound 47330

* CBI = Central Bank of the Islamic Republic of Iran

Foreign Branches and Representative Offices Obliged to Render Audited Financial Statements

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Nourlaw.com-Tehran- 15 January 2017- In compliance with Article 272 of the Direct Taxation Act, all the branches and representative offices of foreign companies which have been registered in Iran in accordance with the Law for Allowing the Registration of a Branch or Representative of Foreign Companies of 1997, are obliged to render audited financial statements along with submission of tax declarations every year.
In a public notice carried in the Official Gazette today, the Tax Affairs Organization declared that “in compliance with Article 272 of the amendments dated 31/4/1394 ( 22 July 2015) made by the parliament to the Direct Taxation Act, all production, trade and service companies listed here below are obliged to render, along with submission of their yearly tax declaration, the financial statements audited by the Audit Organization or the audit firms of the Iranian Association of Certified Public Accounts (IACPA). Breaching this order carries with it a penalty equal to 20% of the amount of the applicable tax”.
In addition to the foreign branches and representative offices referred to in the aforesaid list, the companies on the stock exchange, public joint stock companies and their affiliated companies, companies with gross revenue exceeding 50 billion rials per year and some other entities, are bound to render audited financial statements.

13 March 2017

CBI Official rates TEHRAN 13 March 2017 (Source: CBI Website)

Currency Rate
USD 32,417
JPY100 28,246
EUR 34,686
GBP 39,483
CHF 32,148

Open market rates for major foreign currencies
Tehran, 13 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37450
(EU) Euro 41090
British Pound 47110

* CBI = Central Bank of the Islamic Republic of Iran

Iran Concedes to the Deliberations of the 25th Congress of the Universal Postal Union

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Nourlaw.com-Tehran-8 March 2017-  According to the legislation published in today’s edition of the Official Gazette, the Iranian parliament in its session of 10/11/1395 (29 January 2017) passed the Law of Approval of Resolution and Decisions of the 25th Congress of the Universal Postal Union (adopted in Doha 2012). The law stipulates in its preface that any further approvals should also be made by parliament in line with Principle 77 of the Iranian Constitution and with respect to resolving the disputes between the member countries through the arbitration procedure foreseen in Article 153 of the General Regulations of the Universal Postal Union (UPU), Principle 139 of the Constitutional Law should be also honored, according to which reference to any such arbitration requires the pre-consent of parliament.

Established in 1874, the UPU, with its headquarters in the Swiss capital Berne, is the second oldest international organization. The UPU with its 192 member states is the primary forum for cooperation among  postal sector constituents worldwide. It  helps to ensure a truly universal network of up-to-date products and services.

The organization plays an advisory, mediation and liaison role and provides technical assistance where needed. It sets the rules for international mail exchanges and makes recommendations to stimulate growth in mail, parcel and financial services volumes and improving quality of service for customers.

Iran entered the UPU on 1 September 1877.

12 March 2017

CBI Official rates TEHRAN 12 March 2017 (Source: CBI Website)

Currency Rate
USD 32,418
JPY100 28,237
EUR 34,603
GBP 39,426
CHF 32,066

Open market rates for major foreign currencies
Tehran, 12 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37490
(EU) Euro 40880
British Pound 47100

* CBI = Central Bank of the Islamic Republic of Iran

11 March 2017

CBI Official rates TEHRAN 11 March 2017 (Source: CBI Website)

Currency Rate
USD 32,418
JPY100 28,237
EUR 34,603
GBP 39,426
CHF 32,066

Open market rates for major foreign currencies
Tehran, 11 March 2017 (Source: Mehr News Agency)

Currency Rate
US Dollar 37580
(EU) Euro 40800
British Pound 47140

* CBI = Central Bank of the Islamic Republic of Iran