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A Handy Insight to Methods of Incorporating Business in Iran

While foreign companies, unless restricted under certain laws and regulations, can have transactions with and even within Iran even without being registered, they might decide, for instance for a long-term and constant presence in Iran, to be incorporate in Iran. […]

New changes and amendments applied to Iran tax law

How recent changes to tax law affect foreign companies

The Amendment to Iran Direct Tax Law was finally published in the official gazette in August 2015 and shall become applicable from next Iranian year (21st of March, 2016). The amendment includes changes which could significantly affect foreign investors in […]

commercial arbitration Iran

A Handy Insight to International Commercial Arbitration in Iran

The two main arbitration institutions in Iran are the Tehran Regional Arbitration Centre (TRAC) and the Arbitration Centre of the Iran Chamber (ACIC). Tehran Regional Arbitration Centre (TRAC) is an independent international organization under the auspice of the Asian-African Legal […]

Kish Island, one of the most important Iranian Free Zones

A Handy Insight to Iran Free Trade Zones (FTZs)

  Background   Establishment of free zones in Iran economy was first put forward as an attempt to circumvent the centralized public economy of Iran. They were formally established in 1993 by the act on  “Administration of Free industrial and […]

Iran tax law

A Handy Insight to Taxation for Foreign Investors in Iran

All foreign investors doing business in Iran or deriving income from sources in Iran are subject to taxation. Depending on the type of activity the foreign investor is engaged in, different taxes and exemptions are applicable, including profit tax, income […]

contract-disputes (800x618)

A Handy Insight to Breach of Contract Under Iranian Law

Generally speaking and under Iranian Law, the “Specific Performance” of the obligation is the initial remedy, which in case of not being likely to be achieved, entitles the obligee for “Rescission” of the contract and, consecutively, for “Damages”. By virtue […]

Skizze eines Geschäftsplans

A Handy Insight to Iran IP Law

Iran as a member of WIPO and party to the Convention for the Protection of Industrial Property (Paris Convention), the Madrid Agreement and the Madrid Protocol for the International Registration of Marks, the Lisbon Agreement for the Protection of Appellations […]