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…