Construction Phase of Power Plant Projects
Among the attractive contractual systems in investment projects in Iran, contracts for the construction of both thermal and renewable power plants, such as solar and wind are unique. ... Read More
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Basic Requirements of Doing Business in Iran
Iran has long been of geostrategic importance because of its central location in Eurasia and Western Asia, and its proximity to the Strait of Hormuz. ... Read More
Force Majeure under Iranian Law
Force majeure is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties ... Read More
What are the Applicable Laws and Regulations in Export and Import in Iran?
According to a recent report by the Statistical Center of Iran, the country’s industrial exports’ value saw a 10.66% decline in the second quarter of the current Iranian year (started March 21) compared with last year’s Q2 ... Read More
What is the Procedure of Enforcement of award in Iran?
Arbitration is a kind of private adjudication by which parties to a commercial contract can resolve their disputes outside of any judicial system ... Read More
What Are the Local Content Requirement under the Laws of Iran?
An important obligation which foreign investors should duly take into account when intending to carry out projects for governmental counter-parties in Iran is the requirement of local content. ... Read More