Notification of the Resolutions of the 35th Meeting of the Export Currency Repatriation Working Group

In view of the expiration of the deadline for the rial settlement on 2025/09/21 (1404/06/31), according to the resolutions of the 29th meeting of the Working Group, and considering that a number of eligible exporters were unable to settle their rial obligations for the years 2018–2021 (1397–1400), it has been decided that the deadline for the payment of the rial settlement shall be extended until 2025/12/20 (1404/09/30). The Iran Trade Promotion Organization (TPO) will notify the beneficiaries on 2025/10/08 (1404/07/16).
The deadline for the repatriation of foreign currency generated from the export of goods and equipment used in engineering and technical service export projects—whose contracts and related export declarations (Kotaj numbers) have been approved by the Committee under Article 19 of the Executive Regulation on Supporting Technical and Engineering Services Exports—shall be extended to one year. Continuous implementation of this resolution is subject to accurate biannual reports by the Article 19 Committee submitted to the Secretariat of the Currency Repatriation Working Group, verification of the exporters’ compliant commercial behavior, and the approval of the Working Group. Therefore, the six-month deadline stated in Clause (1-4) of the resolutions of the 29th Working Group meeting shall be considered null and void.
Clause (4-2) of the resolutions of the 29th meeting of the Currency Repatriation Working Group (Circular No. 317319/03 dated 2025/03/05 – 1403/12/15) is amended as follows:
The deadline for fulfilling the foreign exchange obligations of all exporters of technical and engineering services and other services (decisions of the Article 19 Committee of the Executive Regulation on Supporting Technical and Engineering Services Exports, and the Article 5 Committee of the Foreign Currency Repatriation Policy Package for the years 2018–2021) is extended for those who have fulfilled their obligations by 2025/09/21 (1404/06/31). These exporters will be eligible for tax exemptions. The Central Bank of the Islamic Republic of Iran shall submit aggregated data related to the currency repatriation of these exporters to the National Tax Administration, which will be used as the basis for calculating their foreign exchange obligation clearance.
Given the inadequate currency repatriation performance of certain exporters—who, despite non-standard export activities, have failed to repatriate their foreign currency earnings—the Working Group, based on Article 12 of the Executive Bylaw of Note (6) to Subparagraph (H) of Article (2) bis of the Law Amending the Law on Combating Smuggling of Goods and Currency, and Subparagraph (4) under Article (3) of the same Executive Bylaw, has approved the identification of exporters whose foreign exchange obligations exceeding three million euros remain unfulfilled, and whose rate of compliance until 2024 (1403) is less than 10 percent. Furthermore, it has been decided that the information of these exporters shall be forwarded to the member organizations of the Working Group for analysis, review, and further action.