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Incoterms is a widely recognized document in the field of international trade. Compiling this document was necessary due to the significant differences in the legal systems of various countries. The main aim of Incoterms is to eliminate confusion in foreign trade contracts by outlining the responsibilities of both buyers and sellers. Domestic and international traders often use Incoterms as a shorthand to help them comprehend each other’s trade agreements and […]

In today’s world, where the production and supply of goods is crucial, the development of business relations depends largely on having a suitable and efficient method of transportation. International transportation of goods has fixed rules and principles that need to be followed and requires selecting the best method based on the state of infrastructure and facilities of the countries. Certain goods also require compliance with specific protocols and methods, which

Artificial intelligence (AI) is transforming the way businesses operate, and the field of contract management is no exception. The use of AI in contract management is rapidly increasing, with more and more organizations turning to AI-powered software to streamline their contract processes and reduce the risk of errors. Contract management is a complex process that involves drafting, negotiating, executing, and managing contracts. It is a critical component of most businesses,

The complexities of today’s world have always caused people to not achieve all their tasks. On the other hand, trusting another person to delegate matters also has its own difficulties. Sometimes the person you trust may be abused. This issue caused the legislator to think of designing a mechanism so that people can assign their work to another person under certain conditions. In this article, we are going to examine

Introduction When a foreign company decides to expand its business operations in Iran, it can register a branch office in the country. According to Article 2 of the Executive Regulations for the Registration of Foreign Branches or Representative Offices of Foreign Companies, a branch of a foreign company is a local unit that is subordinate to the main company, and it directly performs the main issues and duties of the

The heavy load of judicial cases in courts and the time-consuming nature of dealing with cases in the system, resulted in emergence of the more beneficial solution to settle disputes. Alternative dispute resolution (ADR) is a process to resolve disputes without going to trial. It is a time and cost-effective, and more flexible approach to resolving conflicts than the traditional court system. ADR methods include mediation, arbitration, negotiation and neutral