How Much Does It Take to Start a Business in Iran?

Posted on Posted in Business Guidelines

1. Obtain a criminal record clearance: IRR 50,000 per criminal record
2. Reserve a unique company name, Register at the Companies Registration Office and Pay the registration fees: IRR 375,000 for registration and IRR 40,000 for name search and reservation
3. Place a notice of the company formation in the Official Gazette and the selected newspaper of general circulation: IRR140,000 for official Gazette; IRR 240,000 for general circulation newspaper
4. Notify the State Tax Affairs Organization of the commencement of business activities: no charge
5. Register for VAT: no charge
6. Retrieve the officially sealed books of account within 30 days of registration: IRR 100,000
7. Pay the share certificate stamp duty within 60 days of company registration:0.2% of the par value of the subscribed share capital
8. Enroll workers in the social security program at the Iranian Labor Department and Obtain a workplace number: no charge

FAR law firm

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