Mandatory insurance and Optional insurance under Iranian law The purpose of this article is to present a brief overview of the types of insurance that are mandatory and optional in Iran, as well as the types of insurance available to foreign nationals living in Iran and to Iranian citizens living abroad. In this article, we…
Ship Registration under Iranian Maritime Law – Iran as a Flag State Ship Registration process in Iran is a smooth and straightforward one. Iranian Maritime Law offers a standard and flexible procedure to ships seeking to raise Iranian flag. Business Opportunities in the Shipping and Maritime Industry in Iran If you want to start…
How to Conclude an Investment agreement with the Iranian Government ? Concluding an investment agreement with the Iranian government means a foreign investor has chosen a certain project from a proposed investment list of a governmental organ, usually a ministry or a provincial branch of a ministry, and then negotiated the terms and finally signed…
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…
The applicability of international arbitration clause under Iranian law Are you a company willing to sign an agreement with an Iranians? This article is for you if the disputes raised from agreement shall be refered to the international arbitration. An Overview of provisions related to international arbitration in the Iranian Legal System Iran adopted…
Iran and China 25-Year Cooperation Program Iran and China have recently signed an unprecedented agreement to enhance mutual economic cooperation for a long period of time. Summary of Iran-China 25-Year Cooperation Program: Trading of Iran crude oil on a regular base, developing of petroleum industries, designing investment plans for a variety of fields and transfer…
Formal and Informal Documents in Iranian Laws and Regulations Practically speaking, there is a wide gap between formal and informal documents according to the Iranian laws and regulations. Although informal documents are not useless, the benefits of drawing up a formal document are remarkable, all for a low cost of registration. What is a…
Iranian Will and Testament Laws Iranian Will and Testament Laws is based on the Code of Civil Law. The formal requirements for drawing up a will are articulated in the Non-Litigious Jurisdiction Act. The taxation law of testament partly consists of the same rates as inheritance tax. Iranian Will and Testament Laws: Tenets and Foundations…
Residence and Foreign Ownership of the Immovable Properties in Iran In recent years Iranian government has stepped up to remove the obstacles against foreign investment in Iran. Residence and foreign ownership of real estate are among the hot zones where Iranian legislators have considered to smooth the path. General Points of View for Getting…
Force Majeure under Iranian Law in light of the International Sanctions imposed on Iran This article has been prepared by Iran Best Lawyer in order to provide you with the definition and concept of “force majeure” under Iranian legal system. Force Majeure First of all, it should be noted that the Iranian laws and…