This document is an extract from our new book "Investing in Iran & the Law" by Dr Marjan Atashi Golestan
Written by Dr Marjan Atashi Golestan a Visiting Professor of Law at University of Allameh Tabatabaei and the Industrial Management Institute of Iran (IMI), who has carried out a specific and detailed study of the law impacting overseas companies and investors who wish to set up and operate in Iran, this book provides in depth analysis of the steps required when establishing a business in Iran. The legislative position in Iran in this area is not always clear and the legislation can sometimes be confusing when looked at in isolation. As a result Dr Golestan has carried out extensive research including reviews of associated parliamentary debates and combines this with information on the practice on the ground to clarify the position. A key question for those investing in Iran is whether they want protection from potential nationalization and expropriation, so the benefits and requirements for registration under this regime are discussed extensively, along with differences between onshore and freezone operations, intellectual property concerns, visa requirements for expatriate staff and business owners, taxation and dispute resolution options.