Rudiments of Legal and Administrative Procedure for Import to Iran As you may check our website articles, we have already introduce Import and Export Law in Iran which is accessible “Import and export law in Iran“. When it comes to regulating export and import courses in Iran, three political and governmental bodies are at the…
How to Start a Representative Agency in Iran for Importing Goods and Services In this article we discuss How to start an agency in Iran for importing goods and services of commercial purposes. For a number of reasons, Governments all over the world do not allow importers to sell their products to local distributers, unless…
Criminal Offense of Dishonored Bank Cheque in Iran Criminal offense of dishonored bank Cheque in Iran represents common category of bad Cheque, hot Cheque, and bouncing Cheque. You are probably familiar with these terms as they refer to a Cheque that could not be cleared due to insufficient funds in the drawer bank account or…
A Practical Overview of Bank Cheque Rules and Procedures in Iranian Law In this article, we give you a practical overview of bank Cheque rules and procedures in Iranian law. Recently, it has been a series of legal changes to make the process more secure. The new law introduced a new system for registering, identifying,…
Letter of Credit in Iranian Financial Law Letter of Credit in Iranian financial law is more about processes and procedures rather than specific rules. These processes are by no means different from the international common framework. As you know, a letter of credit is a negotiable instrument, also called documentary credit. This payment tool is…
Issuance of Bank Guarantees in Iran for Commercial Purposes Issuance of bank guarantees in Iran for commercial purposes is one of the most popular topics, especially in the context of exportation and importation facilities. In this article we are bound to show well-known sorts of bank guarantees in Iran and the process through which one…
Iranian Pharmaceutical Laws and Regulations In this article, we discuss the Iranian Pharmaceutical Laws and Regulations. One of the principal duties of states all over the world is to make sure that medicines used by people are qualified according to criteria concerning safety and efficacy. Additionally, all steps of processing drugs, i.e., importation, production, purchase…
Equity to Debt Scale in Iranian Legal Framework for Project Finance Debt ratios is one of the principal matters in context of the contractual design of investment agreements, especially when it comes to BOTs (Build, Operate and Transfer contracts) and other similar models. The company in charge of the project, is also the entity responsible…
Get acquainted with the free trade and special economic zones and their advantages for setting up a business and investment for foreigners Free trade and special economic zones were established several years ago with the aim of encouraging more investment, especially foreign investment, in Iran. The special benefits offered to investors in these areas are…
Buy Property by Foreigners in Iran Many of the foreign nationals tend to buy property in Iran for several reasons. Iranian law is generally complex and, of course, strict in this regard. An overview of the regulations related to buy property in Iran According to Article 160 of the Civil Code, foreign nationals can…