Yes, and not only freezones.
Don't they (Iranians) limit mining now due to energy consumption concerns?Don said:
Yes, and not only freezones.
Many Chinese miners went to Iran with their businesses after China imposed restrictions back home.
https://www.newsbtc.com/news/iran-persian-island-hub-crypto-exchange/
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maybe you can add some solar power to the operation or find some other innovative ways to apply renewables.Compliance Circle said:
Don't they (Iranians) limit mining now due to energy consumption concerns?
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I might as well add Europäisch-Iranische Handelsbank AG here (for SEPA access). It's a German bank with branches in Iran, including Kish Island.Martin Everson said:
Also Bank Saderat Iran. Their UAE bank branch in Dubai you can open accounts for payment and account needs. Opening forms are online. You can also walk right in and ask about accounts if you have questions.
http://www.banksaderat.ae
P.S Bank Melli Iran has bank branch in Dubai also. So for the determined it is totally possible to do legal business in Iran if you observe sanctions.
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Don said:
I might as well add Europäisch-Iranische Handelsbank AG here (for SEPA access). It's a German bank with branches in Iran, including Kish Island.
https://www.eihbank.com/en/
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Yes, they are.Martin Everson said:
That's a good option. But I don't think they are a direct SEPA participant as I cannot find them on list? Bank Melli in Hamburg is also an option. They have advantage of extensive branch network throughout Iran also.
https://www.bankmelli.de/en/
P.S I am sure the next Marc Rich will emerge as where there is demand and cheap resources there is money to be made.
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Don said:
Yes, they are.
Check SCT Register of Participants
https://www.europeanpaymentscouncil...s/registers-participants-sepa-payment-schemes
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I don't think they accept shekels in Iran.saintjohnny said:
Who on their right f***** mind would open an Iranian company to save up a few shekels.
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Is this 20-year tax exemption the same as the 50-year tax exemption promised by UAE freezones?
It's not exactly the same. Nowadays, in the UAE, rather limited activities are exempt from tax (also referred to as qualifying activities), so in Iran the scope is broader.ecool said:
Is this 20-year tax exemption the same as the 50-year tax exemption promised by UAE freezones?
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Exactly. Speaking of which:GPT said:
Sanctions is nothing more than "rules for thee, not for me".
For as long as I can remember Iranian goods were paid for in cash in Italy. Several banks there facilitated the exchange from cash to Euro (and even dollar) and then paid by banktransfer the supplier.
Specifically funny because many Iranian companies negotiated in dollars and paid in dollars in cash. Only to see those dollars being converted to dollars. 😎
People I worked with called Italy always the anus of Europe because of them facilitating transactions to and from Iran. Owh and all of this is known at the highest levels of government / EU and other bodies.
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