Company registration and legal advisory

company registration in Iran

Company registration and legal advisory

The introduction and the approval of the law of company registration in Iran dates back to 1932. According to the executive code of this law, the Department ” Company Registration, Trade Marks & Patents ” was created under the supervision of the administration of the “State General Register”.
The “General Office for Registration of Companies and Industrial Properties” is the party in charge of providing identity to economical establishments and creating economical security accordance with the company law.

Type of company in Iran

In Iran Joint stock companies where according to law is a business whose divide the capital into shares are either public one (Sahami Am) or a private one (Sahami Khass). However, in the public companies the investors can trade the share and the debt securities  in the public market.

Aspects like nature of the activity, financing method, potential liabilities and income tax ramifications are some factors of selecting the proper form of business organization. Consequently, the Iranian Commercial code categories the commercial association as the following list:

  • limited liability company (Masouliyat Mahdoud);
  • limited partnership (Mokhtalet Gheyr Sahami);
  • proportional liability partnership (Nesbi);
  • general partnership (Tazamoni);
  • production and consumption cooperative (Ta’avoni Towlid va Masraf);
  • mixed joint stock partnership (Mokhtalet Sahami).

Both The limited liability company and the joint stock business restrict the shareholder’s liability to the value of their dividends.

In case of the mixed joint stock partnership, the law provides for unlimited liability for both stockholders and associates.

each commercial association comes with different liability and requirements.

Therefore, having a right consultation can lead to better decision making when it comes to company registration in Iran.

Our company incorporation specialists and legal advisers in Iran are ready to offer you the proper guidance and information on the company registration in Iran.

Other considerations for the foreign investors

The choice between conducting the business directly in Iran as an Iranian “branch” of its principal entity or to carry out the operation in Iran by establishing a separate Iranian entity is an important decision for the foreign investors. furthermore, Other consideration and information that must be reflected on the company registration in Iran are 100% ownership of the company, Free zone incentives in Iran, Foreign Investment Promotion & Protection Act and Taxation Treaty. As to promote the foreign investors, the new rule allows the foreign investors to found their company with 100% ownership. Therefore, the foreign firms will benefit form the full control of their activity with more security and stability.

as a result, having a comprehensive legal consultation is a crucial step to invest in Iran.

Our consultant in Iran can legally assist you in every step of the process and provides you the finest solution.

Please feel free to contact our experts in Iran for your legal needs.