Iran flag Iran: Operating a Business in Iran

Starting a business in Iran

Legal Forms of Companies

Limited Liability Company
Number of partners: 2 shareholders minimum
Capital (max/min): No minimum capital required
Shareholders and liability: Partners' liability is limited to the amount contributed
Private Joint Stock Company
Number of partners: 3 shareholders minimum
Capital (max/min): IRR 1 million
Shareholders and liability: Partners' liability is limited to the amount contributed in shares
Public Joint Stock Company
Number of partners: 2 directors and at least 5 shareholders
Capital (max/min): IRR 5 million
Shareholders and liability: Partners' liability is limited to the amount contributed in shares
Sherkat tazamoni is a company (partnership) where liability is collective. Such a company must be indicated by the name of at least one of the partners. "Partnership" must appear in the name.
Number of partners: 2 shareholders minimum.
Capital (max/min): No minimum
Shareholders and liability: Partners' liability is limited to the amount contributed.
Sherkat-e mokhtalet-e-ghair-e sahami is a limited partnership company. It is a company established for trading.
Number of partners: 2 shareholders minimum: 1 or more "general partner" and 1 or more dormant partner.
Capital (max/min): No minimum
Shareholders and liability: A general partner will be responsible for any debt higher than the assets (jointly and severally liable).

a dormant partner is responsible only to the extent of its contribution to the partnership

Business Setup Procedures

Setting Up a Company Iran Middle East & North Africa
Procedures (number) 10.0 6.3
Time (days) 72.5 19.5

Source: Doing Business - Latest available data.

 
The Competent Organisation
If registering a branch or a representation, the Office of registration of companies and industrial property must be contacted: If an overseas investment, it is necessary to contact the OIETAI or the Ministry of Foreign Affairs.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Iran.

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Latest Update: October 2022