Incorporate in Iran Free Zones

According to article 13 of the law “on the management of free commercial-industrial zones” , ratified in 1993, legal and natural entities who are engaged in performing economic activities in free zones are exempted from paying taxation of their economic activities for 15 years (from the date of beginning their activity). Nowadays, some companies establish […]

Private Joint Stock Company (PJSC)

Joint Stock Company is a company whose capital is divided into shares and the liability of whose shareholders is limited to the par value of the shares respectively held by them. The members of a joint stock company must not be less than three. Joint stock companies fall under two distinctive categories : 1. Public […]

Limited Liability Company (LLC)

Limited Liability Company is a company formed by two or more persons for the purpose of trading; the company’s capital is not represented by shares or bonds, and the responsibility of the partners is limited to the extent of their contribution only. In the company’s title the phrase “limited liability” must appear, otherwise the company […]