TEHERAN - IRAN

FORMATION (SET UP) COMPANY  

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COMPANY NAME

The verification of names  and reservation services cost 100 €. New company name can be reserved for  30 days.

REGISTERED OFFICE

Companies are required to have a registered office, which must be a physical address in Teheran  where all official company documents and correspondence may be sent. We will provide a registered address as part of our incorporation service.

DIRECTORS

It is, however, optional for a Limited Liability Company (LLC)  to have a board of directors, but it must have a managing director.

SHAREHOLDERS

It would be enough to introduce two shareholders for establishment of a Limited Liability Company (LLC) and other forms of companies.

SHARE CAPITAL

The minimum share capital required to register a Private Joint Stock Company is 1 Million IRR, and the minimum share capital for registration or Public Joint Stock Company is 5 Million IRR .On the other hand, there is no specified amount of charter capital in the related rules and regulations for establishing a Limited Liability Company and other forms of companies in Iran, however, the “Companies Registration Office” usually asks for payment of a minor amount before such companies can be registered.

TIMESCALE

It takes a maximum of two to three weeks to incorporate (LLC) company in Teheran.

FEES PACKAGE

Approximate price 8500 €

Notes: All costs above are in Euro and exclude VAT. VAT will be charged where applicable at the rate within the applicable European jurisdiction at time of invoice generation. The costs exclude any fees from third parties that for the avoidance of doubt.