Company registration in Iran

A practitioner's guide to company registration in iran for foreign investors: framework, opportunities, figures and entry routes.

Company registration in Iran — Company registration in Iran

Company registration in Iran

Short answer

Company registration in Iran establishes a legal entity but does not replace activity licences, tax registration, employer obligations or banking review. The sequence and document requirements depend on the chosen vehicle and activity.

Key takeaways

  • Common structures: PJSC, LLC, branch, rep office
  • Post-registration: Tax file, VAT, social security

Reviewed by Global Investment Iran advisers.

Key figures

Common structures
PJSC, LLC, branch, rep office
Post-registration
Tax file, VAT, social security

Step-by-step process

  1. 01 · Schedule subject to review

    Name reservation

    Three Farsi names filed with the Companies Registration Office; the approved name is reserved against the file.

  2. 02 · Schedule subject to review

    Document legalisation

    Parent-company documents notarised, legalised at an Iranian consulate and translated by a sworn translator. Start this first — it is the critical path.

  3. 03 · Schedule subject to review

    Articles & capital deposit

    Articles of association drafted for the chosen vehicle; capital deposited into a blocked bank account.

  4. 04 · Schedule subject to review

    Registration & gazette

    File with the Companies Registration Office, receive the registration number and national ID, publish in the Official Gazette.

  5. 05 · Schedule subject to review

    Tax, VAT & social security

    Open the tax file and taxpayer number, register for VAT and open the employer file with the social security organisation.

  6. 06 · Schedule subject to review

    Banking & trade card

    Open corporate IRR and FX accounts and, where goods move, obtain the trade card and customs code.

Indicative costs

ItemQuotation basisNotes
Registration fees & gazetteRequest a scoped quotationDepends on capital and vehicle
Legalisation & sworn translationRequest a scoped quotationPer corporate shareholder
Local counsel & filing agentRequest a scoped quotationFull-service registration
Registered office (per year)Request a scoped quotationTehran; lower in the provinces
Accounting & tax compliance (per year)Request a scoped quotationMonthly bookkeeping and filings
Work permit per expatriate (per year)Request a scoped quotationRenewable

Documents you need to provide

  • Certificate of incorporation and articles of association of the parent, consular-legalised
  • Board resolution approving the Iranian entity and appointing the signatory
  • Register of directors and beneficial owners
  • Notarised passport copies of individual shareholders and directors
  • Power of attorney for the local filing agent
  • Business plan with capital, activity and headcount

Get a fixed-fee quote

Send us your sector, ownership structure and target timeline and we will return a scoped fee and schedule.

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Overview

Company registration in Iran establishes a legal entity but does not replace activity licences, tax registration, employer obligations or banking review. The sequence and document requirements depend on the chosen vehicle and activity.

The structural choice — Private Joint Stock Company, limited liability company, branch or representative office — determines governance, capital rules and the ease of later bringing in a partner or exiting.

Choosing the vehicle

The PJSC is the default for investment projects: it supports share transfers, board governance and future capital raises. The LLC is simpler and cheaper but transfers of participation require partner consent, which complicates exits.

A branch has no separate legal personality and is used where the parent contracts directly, typically for engineering and service contracts. A representative office cannot trade and exists only for marketing and liaison.

The registration sequence

Name reservation, drafting of the articles of association, notarised and legalised shareholder documents, capital deposit into a blocked bank account, submission to the Companies Registration Office, then publication in the Official Gazette.

Registration is followed by the operational layer most investors underestimate: tax file and taxpayer number, VAT registration, social security employer file, corporate bank account and, where goods move, a trade card and customs code.

Documents from the foreign shareholder

Corporate shareholders provide certificate of incorporation, articles, a board resolution authorising the investment, a register of directors and beneficial owners, and a power of attorney for the local agent — each notarised, legalised and translated by a sworn translator.

Individual shareholders provide passport copies, proof of address and source-of-funds evidence. Document legalisation is the longest lead item and should start before name reservation.

Check operational readiness separately

Reserve time for activity permissions, tax and employer registration, signing authorities and banking after incorporation. Receiving a company certificate is not permission for every business activity.

Review the shareholder documents, legalisation requirements and beneficial ownership early. Any FIPPA application should be matched to the planned investment and registered capital flows.

Frequently asked questions

How long does it take to register a company in Iran?

Three to six weeks from name reservation to gazette publication with a complete, legalised document set. Legalisation of foreign corporate documents is usually the critical path.

What is the minimum capital for an Iranian company?

The statutory minimum is nominal, but banks, licensing bodies and FIPPA review expect capital proportionate to the declared business plan.

Do I need an Iranian partner?

No. Most sectors permit 100% foreign ownership. Local partners are a commercial choice for market access, not a legal requirement.

Does a director need to reside in Iran?

No residency requirement applies to directors, but at least one signatory with practical access to the banking system is needed for day-to-day operations.

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We advise foreign investors on market entry, licensing and structuring in Iran.

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