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Registration company in Iran
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Welcome to Iranian lawyers group
Commercial law of Iran
Question: How do I register an agency or company in Iran?
The cost of such an operation varies depending on the type of company and the timing for being registered in the Department for Registration of Companies and Non- trading Institutes. The minimum time of registration is 15 days. In free zones, registration requires the following documents:
- Letter of declaration for registration application.
- License of the activity issued by the Organization.
- Minutes of the founders’ General Assembly.
- Minutes prepared in the first meeting of the Board of Directors.
- Certificate issued by one of the banks located in the Zone, attesting that a minimum of 35% of cash capital has been paid
- Company’s Articles of Association
Question:What is the minimum capital needed for establishing a company in a free zone of Iran?
Answer: Comparing to the mainland, Free Trade Zones have a large variety of advantages and facilities. A minimum capital, of Rials 1,000,000 (US$35) is required for the private company. Similarly the same amount is required for a Joint Stock Company or a Limited Liability Company
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