Doing Business in Iran (Dayarayan) - Pars Times
Doing Business in Iran (Dayarayan) - Pars Times
Doing Business in Iran (Dayarayan) - Pars Times
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Which document need to registered branch <strong>in</strong> <strong>Iran</strong><br />
The applicants of establishment of a branch <strong>in</strong> <strong>Iran</strong> need to submit the<br />
follow<strong>in</strong>g documents to the Company’s Registrar <strong>in</strong> <strong>Iran</strong>:<br />
1. A written application by the company;<br />
2. Notarized certified copies of the company’s Articles of Association,<br />
certificate of <strong>in</strong>corporation, and latest changes thereto advise to the<br />
competent authorities.<br />
3. A report conta<strong>in</strong><strong>in</strong>g:<br />
a) Information perta<strong>in</strong><strong>in</strong>g to the activities of the company.<br />
b) Justification and the need for the establishment of a branch <strong>in</strong><br />
<strong>Iran</strong>;<br />
c) Nature and scope of the authorities given to the branch and the<br />
object of the branch;<br />
d) An estimate of human resources required, segregated between<br />
<strong>Iran</strong>ian and expatriate employees;<br />
e) The manner by which the local requirements of the branch<br />
(foreign currency and Rials) are funded.<br />
4. A letter from a government agency <strong>in</strong> the event that the company has<br />
concluded a contract with that agency;<br />
5. Registration declaration for the branch. This will be completed by us<br />
and forwarded to you for execution;<br />
6. A letter of authority authoriz<strong>in</strong>g the branch manager to act on behalf of<br />
the foreign company;<br />
7. A letter of commitment executed by the local representative undertak<strong>in</strong>g<br />
to proceed to liquidate the branch <strong>in</strong> the event the activities of the branch<br />
are term<strong>in</strong>ated by the <strong>Iran</strong>ian competent authorities;<br />
8. Notarized certified lost audit report & f<strong>in</strong>ancial statements<br />
K<strong>in</strong>dly note that any of the documents set out above which are prepared<br />
outside <strong>Iran</strong> must be certified by the competent authorities and confirmed<br />
by the foreign m<strong>in</strong>istry and notarized by the <strong>Iran</strong>ian Consulate <strong>in</strong> that<br />
Country. The above documents must be translated <strong>in</strong>to Farsi and the<br />
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