Fixers Line up to Help Foreign Investors Do Business in Iran

FINANCIAL TIMES

BY NAJMEH BOZORGMEHR AND SIMEON KERR

 With Iran open for business now sanctions over its nuclear ambitions have been lifted, investors are being drawn to one of the largest untapped markets where the government hopes they will bring $50bn a year.

But in a business environment marked by scarce data, tax evasion, outdated accounting practices, corruption and an inefficient judicial system, foreign investors often look to local partners to help them navigate what could be a due-diligence minefield.

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