What You Need to Know Before Doing Business in Iran

What You Need to Know Befor Doing Business in Iran

What You Need to Know Befor Doing Business in Iran


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What You Need to Know Before Doing Business in Iran

What You Need to Know Before Doing Business in Iran

Investing in a foreign country is always a challenge. “What You Need to Know before Doing Business in Iran” intends to reduce the challenges by way of explaining not only the legal system and key legislations but also the sanctions and solutions that exist. Further, it seeks to stress elements that are of particular importance when establishing a local entity so as to ensure that proper structure are designed.

As elaborated in this Book, there is a well-established legal system in IRAN with judicial courts offering protection as well as the opportunity to appeal court decisions. IRAN has also ratified the NEW YORK Arbitration Convention and has established several local arbitration tribunals and recognizes international arbitration awards. Iran also protects foreign investments based on Foreign Investment Promotion and Protection Act (FIPPA) 2002 which provides both certain protection and advantages to direct and indirect foreign investments in Iran.

You may like to see the Table of Content of this book:

1. Introduction

2. Main Steps of Doing Business in Iran

2-1. Methods of Foreign Investment

2-2. Establishment of Company, Branch and Representative Offices in Iran

3. Foreign Investment Regulations in Iran (Interpretation of Foreign Investment Promotion and Protection Act of Iran (FIPPA)

3-1. Definitions

3-2. General Conditions for Admission of Foreign Capital

3-3. Competent Authorities

3-4. Guarantee and Transfer of Foreign Capital

3-5. Provisions for Admission, Importation and Repatriation of Foreign Capital

3-6. Settlement of Disputes

3-7. Final Provisions

4. Iran Sanctions

4-1. Background

4-2. United States Sanctions

4-3. United Nations Sanctions

4-4. European Union (EU) Sanctions

4-5. Few Points on Sanctions:

5. Dispute Resolution in Iran’s Legal System

5-1. Alternative Dispute Resolution (ADR) in Iran’s Legal System

5-2. Litigation

5-3. Recognition and Enforcement

6. Frequently Asked Questions on Foreign Investment in Iran

6-1. Company la

6-2. Taxation

6-3. Foreign Investment

6-4. Social Security Insurance in Iran

6-5. Employment of Foreign Nationals

6-6. Contract law

6-7. Litigation

6-8. Trade mark

6-9. Guarantee Instruments in Iran

6-10. Free Trade Zones and Special Economic Zones in Iran

6-11. Establishing an Agency in Iran

6-12. Local Content Requirement under the Laws of Iran

6-13. Jurisdiction and Enforcement

6-14. Export and Import in Iran: Rules and Procedures

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