Legal status of startups under Iranian law The Legal status of startups are one of the new legal issues that have arisen these days due to the emergence of businesses on the Internet. Common legal problems of startups exist in all stages, including the launching of a startup, their growth and development, and especially in…
The necessity of submitting of declaration letter or demand letter under Iranian law Under Iranian law, a demand letter or declaration letter is a written statement prepared in accordance with the declaration letter. In Iran, it is explicitly referred to in Article 156 of the Iranian Civil Procedure Code (the “ICPC”) as one of the…
How you can grant a Power Of Attorney to a lawyer in Iran? In this article we discuss the matter of Power Of Attorney under Iranian law and the methods of granting Power Of Attorney in Iran. We also review the different types of Power Of Attorney and their applications. What is power of…
An Overview of Hotel Contracts in Iran Hotel Contracts round about two main categories: statics and dynamics. Lease, maintenance and purchase fall into the first category, while the operation, management and franchise conform to the dynamic contracts. Iran is one of the most prosperous and promising markets in tourism industry and even the long-term international…
Legal restrictions related to the certain types of commercial activities in Iran In this article, we provide you with the outlines of the most important Legal restrictions related to the certain types of commercial activities in Iran which are connected to the special kind of trades. General business and commercial atmosphere in Iran It…
Legal Guide to Cryptocurrency Mining Industry in Iran Iranian government issues cryptocurrency mining license for foreigners with low price electricity within a clear and comprehensive legal framework. An Overview of Legal Atmosphere Surrounding Cryptocurrencies in Iran Despite rumors dissenting this allegation, mining cryptocurrency is one hundred percent legal in Iran. it’s true that pursuant…
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…
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…