Registering a company in Iran by foreign nationals has a mutual advantage for the nationals and Iran. As a result, Iran has continuously supported this and cleared the path for it to occur. Applicants can begin their legitimate economic and commercial activity in Iran by forming a company. Naturally, with the assistance of experts and consultants, this path will be made easier and faster. In this regard, Karimi & Associates …
Initiating an investment in another country includes considerable risks which may cause hesitation in foreign investors. The different legal, tax, and commercial systems of each country can be the main reason for foreign investors’ doubtfulness. However, in Iran, there are several beneficial contributions established by the government for foreign investors, including Free Trade Zones. Karimi & Associates Law Firm, as a professional entity that has assisted many foreign investors in …
“Despite the slow rollout, 51% of law firm professionals believe tools such as ChatGPT should be applied to legal work, a survey found” LEGAL DIVE reports. While generative AI-powered applications like ChatGPT have been known among legal practitioners in recent months, most law firm lawyers and staff are still hesitant to incorporate developing artificial intelligence technologies into their work. According to the Thomson Reuters Institute survey, only 3% of respondents …
Will the law firms finally start using generative AI? Read More »
In 2002, the parliament of Iran ratified the “Foreign Investment Promotion and Protection Act” (FIPPA), which governs foreign business in Iran. The FIPPA and its governing bylaws have improved the legal and operational structure for foreign investors in Iran. Investment in Iran requires knowledge of legal barriers and government support. If you begin investing unknowingly, you may face barriers during the investment process that will cost you dearly. The consultation …
A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship. This contract is a legal agreement between at least two parties in which both parties agree to share with each other confidential information, knowledge, and any confidential, proprietary, or trade secret information they desire for specific purposes, but that information is not available. Drafting a detailed NDA while also ensuring excellent execution, is a very sensitive …
Contracts for the temporary use of a property in exchange for a license fee are known as Licensing Agreements. In other words, a License Contract, which is sometimes referred to as a License Agreement or Licensing Agreement, is a type of contract in which one party (the licensor) allows another party (the licensee) the authority to create, use, trade, and/or display the licensor’s protected material. The creation and conclusion of …
As an investor in Iran, whether you are an Iran’s citizen or a non-Iranian national, in order to import, export or more generally, do business in Iran’s Commercial and Trade System, you will need to acquire a Commercial Card from Iranian authorities. In this regard, Karimi & Associates Law Firm, as a professional law firm in Iran, is at foreign and domestic investors’ service and will fully support the investors …
An official, binding agreement between a franchisor and franchisee is known as a Franchise Agreement. In this agreement, the franchisee typically pays the franchisor an actual opening cost and yearly licensing fees in exchange for obtaining a franchise. The creation and conclusion of a franchise agreement is not simple. So, you will need some legal advice. During the process you might face some obstacles and problems and a legal expert …
The applicable law on the contract is one of the most important parts of every contract and its effect is undeniable in all stages of the contract, i.e., from the beginning, the duration of the contract, and its termination. One of the most crucial components of any contract is the applicable law that will apply to it. Failure to accurately and adequately address this issue might result in problems. So, …
Iran has always been a beneficial market for different businesses with many opportunities for business growth. Just like any other flourishing market, some actions need to be taken to protect your business and one of the most crucial elements needing to protect is your trademark. The best way to protect this valuable element is registration. Trademark registration in Iran is complicated and you will need some legal advice. During the …
