Tax Directive Clarifies Relief for Manufacturers Licensed Midyear

Iran's National Tax Administration said in a directive reported by Mehr on Monday, October 19, 2026 that eligible manufacturing companies receiving operating licences during fiscal years covered by the 1401 to 1404 budget laws can also claim the reduced corporate income tax rate on qualifying production income for the entire relevant year, subject to other legal conditions. The relief is not restricted to companies already licensed at the start of the year; the announcement does not set a company-specific tax saving.