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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

Personal injury is a legal term for an injury to the body, mind, or emotions, as opposed to an injury to property. In Iran, the laws that govern Personal Injury cases are mainly The Civil Liability Act, The Penal Islamic Code, and the Law on Mandatory Civil Liability Insurance of Owners of Land Motor Vehicles Against a Third Party. These laws are all according to the Islamic Sharia, where the

In Iran’s legal system, same as any other legal system, to file a legal action or carry out other matters in the process of a case, some costs need to be paid by the litigants. In this article by Karimi & Associates Law Firm, we will discuss these costs in different courts and legal forums of Iran’s legal system. As mentioned in the “Legal System of Iran” article, to commence