Iran, as a developing country, has a complex regulatory framework to ensure fair and ethical business practices.
The country has a total of 20 regulatory agencies that oversee various industries and sectors. These agencies play a crucial role in promoting economic growth and protecting consumer rights.
1. Central Bank of Iran (CBI):
The Central Bank of Iran is the country’s central bank and is responsible for regulating the banking sector, managing the monetary policy, and maintaining the stability of the national currency.
2. Securities and Exchange Organisation (SEO):
The SEO is responsible for regulating and supervising the securities market in Iran. It ensures fair and transparent trading practices and protects investors’ rights.
3. Ministry of Economic Affairs and Finance (MEAF):
The MEAF is responsible for formulating economic policies, managing public finances, and promoting economic growth in the country.
4. Ministry of Industry, Mine and Trade (MIMT):
The MIMT oversees the industrial and mining sectors in Iran. It formulates policies, issues permits, and regulates the quality and standards of products.
5. Ministry of Cooperatives, Labour, and Social Welfare (MCLSW):
The MCLSW is responsible for regulating and supervising the labour market and promoting social welfare programs in the country.
6. Competition Council of Iran (CCI):
The CCI is an independent regulatory body that ensures fair competition among businesses and protects consumers’ interests.
7. Iran Telecommunication Regulatory Authority (ITRA):
The ITRA regulates the telecommunications industry in Iran. It issues licenses, monitors quality of services, and ensures fair competition.
8. Ministry of Energy (MOE):
The MOE is responsible for regulating and supervising the energy sector in Iran. It formulates policies, issues permits, and oversees the distribution and pricing of energy resources.
9. Ministry of Health and Medical Education (MHME):
The MHME is responsible for regulating and supervising the healthcare sector in Iran. It ensures the quality of medical services and oversees the licensing of healthcare facilities.
10. Iran Food and Drug Administration (IFDA):
The IFDA is responsible for regulating and supervising the food and pharmaceutical industries in Iran. It ensures the safety and quality of food and drugs.
11. Environmental Protection Agency (EPA):
The EPA is responsible for protecting the environment and natural resources in Iran. It formulates policies, enforces regulations, and monitors environmental pollution.
12. Ministry of Roads and Urban Development (MRUD):
The MRUD is responsible for regulating and supervising the transportation and urban development sectors in Iran. It formulates policies, issues permits, and ensures safety standards.
13. Ministry of Agriculture (MOA):
The MOA is responsible for regulating and supervising the agriculture sector in Iran. It formulates policies, issues permits, and oversees the quality and standards of agricultural products.
14. Iran Customs Administration (IRICA):
The IRICA is responsible for regulating and supervising customs activities in Iran. It collects customs duties and ensures compliance with trade regulations.
15. Council for the Development of Non-Governmental and Charitable Organisations (CDNGCO):
The CDNGCO is responsible for regulating and supervising non-governmental and charitable organisations in Iran. It ensures transparency and accountability in their operations.
16. Ministry of Culture and Islamic Guidance (MCIG):
The MCIG is responsible for regulating and supervising the cultural and media industries in Iran. It issues licenses and monitors the content of media outlets.
17. Civil Aviation Organisation of Iran (CAO):
The CAO is responsible for regulating and supervising the civil aviation industry in Iran. It ensures safety standards and oversees the licensing of airlines and airports.
18. Ministry of Education (MOE):
The MOE is responsible for regulating and supervising the education sector in Iran. It formulates policies, oversees the curriculum, and monitors the quality of education.
19. Ministry of Science, Research and Technology (MSRT):
The MSRT is responsible for regulating and supervising the scientific and technological sectors in Iran. It formulates policies and oversees research and development activities.
20. Supreme Council of Cyberspace (SCC):
The SCC is responsible for regulating and supervising the internet and cyberspace activities in Iran. It formulates policies, monitors online content, and ensures cybersecurity.