Amount of Diya (Blood Money) Set for the Current Iranian Year
Nouraei & M. Mostafavi Law Offices – 28 April 2021-Tehran- Head of the Judiciary has set the amount of full Diya (blood money) at 4,800,000,000…
Iran-China Strategic Cooperation Agreement Needs Ratification of the Parliament for Effectiveness
Nouraei & M.Mostafavi Law Offices – 29 March 2021- The much discussed and criticized 25-year strategic cooperation agreement signed by China and Iran on Saturday…
Strict amendments to the Check Law now applicable
Nouraei & M.Mostafavi Law Offices – 28 March 2021-Tehran- Checks are widely used as instruments of payment in the Islamic Republic of Iran. Foreigners transacting with…
Iranian Tribunal Rules that Revenues from Credits and financial Facilities Granted by Foreign-based Banks are not Subject to Taxation
Nouraei & M.Mostafavi Law Offices – 10 March 2021-Tehran- The Administrative Justice Tribunal has decreed that as long as foreign banks are not directly accruing…
Conversion of Companies allowed in Iran, now in effect
J.Nouraei & M.Mostafavi Law Offices – 9 March 2021-Tehran- on 8 December 2020 we reported that after years of prohibiting the conversion of commercial companies…
Iran Eases Start of Business Activities
J. Nouraei & M. Mostafavi Law Offices -19 February 2021- In an unprecedented act, Iran is now allowing the start of business activities without prior…
Decree of the Iran Council of Ministers on Reaching Conciliation with Survivors of the Victims of Ukrainian Plane Crash
J.Nouraei & M.Mostafavi Law Offices -19 January 2021- Iran has agreed to a compromise with the survivors of the victims of Ukrainian airliner Flight No.…
Trial Execution of VAT Legislation Extended for Another Year
J.Nouraei & M.Mostafavi Law Offices -29 December 2020-Tehran-In line with Article 2 of the Civil Code of Iran, according to which the legislation of the…
Iran to Tackle FATF Problem for the Second Time
J.Nouraei & M.Mostafavi Law Offices -28 December 2020-Tehran- In light of the likely re-entry of the USA to the multi-party nuclear deal with Iran (JCPOA),…
Conversion of Companies allowed in Iran, not Yet Executable
J.Nouraei & M.Mostafavi Law Offices -8 December 2020- Tehran – After years of prohibiting the conversion of commercial companies into one another, Iran has decided…
Decree on Prohibiting Transit of Petrol, Gas Oil and Similar Hydrocarbons Across the Territory of Iran
Nourlaw-28 May 2020- Tehran-The Council of Ministers, upon the Proposal of the Ministry of Petroleum and in accordance with Article 125 of Iranian Customs Affairs…
Damages Caused by Defective Goods shall be Considered by the Governmental Courts
Nourlaw-16 March 2020-Tehran -The Administrative Court of Justice in its judgment No.3054 has adopted the following decision: ‘Since Article 18 of the law on Protection…
Iran joins the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific
Back Nourlaw-9 December 2019-Tehran-The Iranian parliament on 10 November approved the law of the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and…
Iran’s Representative to the Joint Economic Committee with Switzerland Appointed
Back Nourlaw-2 December 2019-Tehran- Upon the proposal of the Ministry of Foreign Affairs, the Council of Ministers at its meeting of 24 November 2019 appointed…
Commercial Shipping Agreement in the Caspian Sea between Iran and Kazakhstan Concluded
Back Nourlaw-9 December 2019-Tehran-To facilitate trade between the two countries, the Law of Agreement on Commercial Shipping in the Caspian Sea between the Islamic Republic…
Import of Parts and Necessary Accessories for Assembly Lines Allowed
Back Nourlaw-21 January 2019- Tehran– In support of industrial production in Iran, the Council of Ministers, upon the proposal of the Ministry of Industry, Mines…
Prohibition of Export of Certain Capital, Industrial and Agricultural Items
Back Nourlaw-17 Dec.-Tehran–The ban on the export of certain capital and industrial items are listed in the recent government decision in relation to consolidation of…
Import of Raw Material and Parts for Production Allowed to Free Zones without order registration
Back Nourlaw-10 December 2018- Tehran- One of the restrictions for controlling the foreign currency stream which were set by the Government in the current Iranian…
Foreign Currency Repatriation Obligation Set for Iranian Exporters
Back Nourlaw-26 November 2018-Tehran -In light of the various decisions adopted by the Iranian government in reaction to the renewal of US sanctions, in an…
The Check Law of Iran Amended
Back Nourlaw-26 November 2018- Tehran -The amended law of Issuance of Checks was published today in the Official Gazette and it shall come into force…
New Regulations on Export, Import and Hard Currencies Announced
Back Nourlaw.com-29 October 2018-Tehran-The Supreme Council of Economic Coordination in its 14th session on 10/07/1397 (3 October 2018) set out new regulations on export, import…
New Mechanism for Importing Capital and Durable Consumer Goods from 22 November 2018
Back Nourlaw.com-20 October 2018-Tehran- Mohammad Shariatmadari, the Minister of Industry, Mines and Trade (MIMT), in a letter addressed to his deputies set out the new…
To Encourage More Investment, Stocks Sale Tax Reduced
Back Nourlaw.com -15 September 2018- Tehran-According to the online news platform “Eghtesad Online”, the Tax Affairs Organization in line with the decree of the Supreme…
Iran Heads for Conclusion of Mutual Investment Agreement with Mongolia
Back Nourlaw.com- 13 October 2018- Tehran-According to the notice published in the Official Gazette today, the Council of Ministers in their session of 11/07/1397 (03…
Iran joins Treaty of Amity and Cooperation for Southeast Asia (TAC)
Back Nourlaw-25 July 2018-According to the notice published in the Official Gazette dated 03/05/1397 (25 July 2018), Iran’s parliament, in line with Article 23 of…
Iran Settles Debt with IMF
Back Nourlw-26 September 2018-Tehran-According to the notice published in the Official Gazette dated 05/07/1397 (27 September 2018), the Council of Ministers in their session dated…
Waiver of Visa Requirements for Omani Nationals
Back Nourlaw-26 September 2018-Tehran-According to the notice published in the Official Gazette dated 04/07/1397 (26 September 2018) the Council of Ministers in their session dated…
Iran’s National Organization of Immigration to be set up
Back Nourlaw 29 May 2018-Tehran-According to the notice published in the Official Gazette dated 6.3.1397 (27 May 2018), the Supreme Administrative Council which is a…
Exemption of Income and Property Tax in Free Zones Explained
Back Nourlaw-21 May 2018-Tehran- An Iranian tax authority has clarified the conditions for fully benefiting from tax relief in the free trade-industrial zones. According to…
Tehran Courts Assigned Two Special Branches for Insolvency and Bankruptcy Cases
Back Nourlaw-16 May 2018-Tehran– In light of the increasing list of persons who are indebted to the banks due to the high loans they have…
Order Registration for Import of All Manner of Goods Obligatory
Back Nourlaw- 18 April 2018- Tehran- The Iranian government has adopted a decisive measure for controlling the import of goods and has made mandatory that…
Iran Chooses Euro as the Currency for Reporting, Publishing of Statistics, Information and Financial Data
Back Nourlaw- 28 April 2018- Tehran-According to the proposal of the Central Bank of the Islamic Republic of Iran and in reference to Note 3…
Share of Foreign Finance Set in the National Budget 1397 (21 March 2018-20 March 2019)
Back Nourlaw- 19 March 2018- Tehran- According to Note 3 of the National Budget 1397 (21 March 2018-20 March 2019), the maximum amount of foreign…
Import Duty to be increased for Supporting Exports and Improving Trade Balance
Back Nourlaw- 19 March 2018- Tehran- Note 6 of the National Budget 1397 (21 March 2018- 20 March 2019) stipulates that in order to support…
100% Tax Relief for Software Design Companies
Back Nourlaw- 30 December 2017- Tehran – As reported by Mehr News Agency, according to a news statement by Mr. Farzad Ismailzadeh, an information technology…
Import Allocations of Garments Set for Free and Special Economic Zones
Back Nourlaw- 19 December 2017- Tehran- According to Mehr News Agency, the allocation of garment imports have been set for the Iranian free zones and…
Iran and Cuba Agree upon Waiving Visa Regulations for Holders of Diplomatic, Service and Official Passports
Back Nourlaw- 8 November 2017- Tehran- According to today’s Official Gazette, the Council of Ministers in their meeting dated 10/08/1396 (01 November 2017) and in…
Iran and Serbia Approve Visa Waiver for Ordinary Passport Holders
Back Nourlaw- 19 October 2017- Tehran–According to the Official Gazette, the council of ministers in their meeting dated 19/07/1396 (11 October 2017) in light of the proposal…
Iranian Patents, Industrial Designs and Trademarks Law Extended
Back Nourlaw- 26 September 2017-Tehran–In a letter to President Hassan Rouhani, Iranian Speaker of Parliament Ali Larijani notified him of the extension of the Patents,…
Iran and South Korea Approve Extradition Treaty
Back Nourlaw.com- Tehran- 5 July 2017- The Iranian Parliament approved The Law of Treaty of Extradition of Criminals between the Islamic Republic of Iran and…
Iranian Government Still Not Allowed to Buy Foreign-made Cars
Back Nourlaw.com-Tehran-2 August 2017- According to the opinion of the speaker of the Iranian parliament, Mr. Ali Larijani, the government decision to buy foreign cars…
Agencies Responsible for Joint Economic Commissions with the States ofAzarbijan and Turkey Appointed
Back Nourlaw.com-Tehran-20 September 2017- According to Decree No. H54658T/74968 dated 20/06/1396 (11 September 2017) of the Council of Ministers the Ministry of Economic Affairs and…
Council of Ministers Decree Issued for Combating Dumping
Back Nourlaw.com- Tehran- 14 June 2017-As reported by the Official Gazette today, the Council of Ministers in its decree No. H53537 T/300008 dated 16/3/1396 (6…
Import of Mint Condition Secondhand Mining and Construction Machinery of Reputable Global Brands Allowed
Back Nourlaw.com- Tehran-25 May 2017- According the decision of the Council of Ministers published in the Official Gazette of today, import of secondhand mining and…
Import of Iron and Scrap Metal from Iraq and Afghanistan Prohibited
Back Nourlaw.com- Tehran-23 April 2017- The Trade Promotion Organization of Iran in its letter No. 96/210/4116 dated 3/02/1396 (23 April 2017) to the Iran Customs…
Foreign Finance and Financial Facilities Exempt from Taxation in Iran
Nourlaw.com- Tehran- 9 April 2017- According to the Law of Permanent Rules of the Development Plans of the Country, passed by the parliament on 10/11/1395…
Agreement on Social Security Concluded between Iran and Turkey
Back Nourlaw.com- Tehran- 18 March 2017- According to the Official Gazette of today, the Iranian parliament approved on 27/11/1395 (15 February 2017) The Law of…
Foreign Branches and Representative Offices Obliged to Render Audited Financial Statements
Back Nourlaw.com-Tehran- 15 January 2017- In compliance with Article 272 of the Direct Taxation Act, all the branches and representative offices of foreign companies which…
Iran Concedes to the Deliberations of the 25th Congress of the Universal Postal Union
Back Nourlaw.com-Tehran-8 March 2017- According to the legislation published in today’s edition of the Official Gazette, the Iranian parliament in its session of 10/11/1395 (29…
Iranian and Foreign JV Companies Considered Sole Beneficiaries for Receiving Bank Facilities
Back Nourlaw.com-Tehran-17 January 2017- All the companies formed in Iran in partnership between Iranians and foreigners, wherein the foreign investment is not less than 50%,…
CBI Sets Rules for Forex Operations of Non-banking Credit Institutes
Back Nourlaw.com-Tehran- 18 January 2017- The Central Bank of the Islamic Republic of Iran (CBI) in its resolution No.95/344396 dated 29/10/1395 has set out rules…
4% On Account Tax for imported Goods
Back Nourlaw.com-Tehran-31 October 2016- The Center of Imports and Free Zones and Special Economic Zones Affairs of Iran Customs declared today in its circular letter…
Economic Cooperation Agreement Concluded Between Iran and Latvia
Back Nourlaw.com- Tehran- 3 January 2017- The Iranian parliament On 2 Azar 1395 (22 November 2016) passed The Law of Agreement on Economic Cooperation between…
Iran and Russia Sign Agreement on Mutual Promotion and Protection of Investments
Back Nourlaw.com- Tehran- 16 January 2017- The Law of Agreement on Mutual Promotion and Protection of Investment between the Government of the Islamic Republic of…
Exemption of Payment of Customs Duty Shall not Apply to Import of Second hand Foreign Machinery
Back Nourlaw.com- Tehran- 16 January 2017- Speaker of the Iranian parliament, in compliance with his legal authority, has opined that the section relating to customs duty…
Economic Cooperation Agreement Included Between Iran and Hungary
Back Nourlaw.com- Tehran- 3 January 2017- The Official Gazette reported today that The Iranian parliament On 25 Aban 1395 (15 November 2016) passed The Law…
Iran and the Republic of Azerbaijan Sign Accord on Mutual Administrative Assistance in Customs Affairs
Back Nourlaw.com-Tehran- 3 January 2017- Iranian legislators on 3 Dey 1305 (21 December 2016) passed the Law of Agreement Between the Government of the Islamic…
Conclusion of Agreement for Iran and Korea’s Mutual Administrative Cooperation in Customs Affairs
Back Nourlaw.com-Tehran- 3 January 2017- According to a 20-article agreement approved by Iranian parliament on1 Dey 1395 (21 December 2016), Iran and the Republic of…
Economic Cooperation Agreement Formed between Iran and Croatia
Back Nourlaw.com- Tehran- 3 January 2017- The Official Gazette reported today that the Iranian parliament On 2 Azar 1395 (22 November 2016) passed The Law…
The Law Sets Rules for Iran and Russia’s Mutual Administrative Cooperation in Customs Affairs
Back Nourlw.com-Tehran- 3 January 2017- According to a 20-article agreement approved by the Iranian parliament on 2 Azar 1395 (22 November 2016), Iran and Russia…
Avoidance of Double Taxation Agreement Concluded Between Iran and Morocco
Back Nourlaw.com-Tehran- 3 January 2017- On 24 Aban 1395 (14 November 2016) Iranian lawmakers approved The Law of Agreement Between the Islamic Republic of Iran…
Iran and the Czech Republic Conclude Economic Cooperation Agreement
Back Nourlaw.com- Tehran- 3 January 2017- The Iranian parliament On 2 Azar 1395 (22 November 2016) passed The Law of Agreement on Economic Cooperation between…
Agreement on Avoidance of Double Taxation and Tax Evasion Concluded by Iran and Cyprus
Back Nourlaw.com-Tehran- 3 January 2017- The expressed desire of the governments of Iran and Cyprus to form an agreement for cooperation in tackling tax affairs,…
Iran and Japan Agreement on Mutual Promotion and Protection of Investments Finalized
Back Nourlaw.com- Tehran- 3 January 2017- On 3 Azar 1395 (23 November 2016) The Law of Agreement on Mutual Promotion and Protection of Investment between…
Iran and China Sign Treaty on Mutual Legal Assistance in Criminal Matters
Back Nourlaw.com- Tehran-3 January 2017- Iran and China desiring to improve effective cooperation of the two states in the area of mutual legal assistance in…
Iran and Tanzania conclude Agreement on Mutual Promotion and Protection of Investments
Back Nourlaw.com- Tehran- 3 January 2017- Iran and the United Republic of Tanzania has agreed to promote and protect mutual investments in their territories, the…
Iran and Hungary Sign Agreement on Avoidance of Double Taxation and Tax Evasion
Back Nourlaw.com-Tehran- 3 January 2017- Iranian legislators approved on 2 Azar 1395 (22 November 2016)The Law of Agreement Between the Islamic Republic of Iran and…
Agreement for Transfer of Convicts Concluded between Iran and the Kyrgyz Republic
Back Nourlaw.com-Tehran- 3 January 2017- On 28 August 2016 the Iranian parliament approved the Law of Agreement on Transfer of Convicts between the Islamic Republic…
Iran Becomes a Member of AASSA
Back Nourlaw.com-Tehran- 3 January 2017- The law of Membership of the Islamic Republic of Iran in the Association of Academies and Societies of Sciences in…
Agreement on Mutual Promotion and Protection of Investment Concluded between Iran and Slovak Republic
Back Nourlaw.com- Tehran- 3 January 2017- The Official Gazette today published the law of Agreement on Mutual Promotion and Protection of Investment Concluded between the…
Import of Certain Home Appliances Needs Agency of Foreign Companies
Back Nourlaw.com-Tehran-1 January 2017- The Director General of the Export and Import Regulations of the Trade Promotion Organization of Iran (TPO) has announced in the…
Iran and Thailand Conclude Trade Agreement
Back Nourlaw.com- Tehran- 28 December 2016- The Law of Trade Agreement between the Government of the Islamic Republic of Iran and the Kingdom of Thailand…
Iran’s Ministry of Economic Affairs and Finance Appointed as the Executive Body for Dealing with AIIB
Back Nourlaw.com- Tehran- 24 December 2016- As reported by the Official Gazette published today, Iran has appointed the Ministry of Economic Affairs and Finance as…
Tehran Municipality Exerts Levies on Immigrants
Back Nourlaw.com- Tehran- 10 December 2016- The Islamic Council of the City of Tehran has set new levy rates on immigrants living in the city…
Iran Customs Starts Implementation of the Decree on Foreign Currencies Held by Passengers
Back Nourlaw.com-Tehran-27 November 2016- Following our citing of 12 November 2016 on the decree of the Central Bank of Iran (CBI) titled “New Rules Set…
Application for Import of Certain Goods Should be Registered with Iran National Trading System
Back Nourlaw.com-Tehran- 22 November 2016- The Iran National Trading System (INTS) authority declared that as from today, importers of certain goods should first register preliminary…
Code Faragir is Required by Foreigners Domiciled in Iran–What is It?
Back Nourlaw.com-Tehran- 26 November 2016- Code Faragir (comprehensive code) is an identification number issued for foreigners living in Iran. With respect to taxation matters and establishing…
Foreign Investors May Receive Financial Facilities from Iran’s Development Fund
Back Nourlaw.com- Tehran- 16 November 2016- According to the Official Gazette published today, financial facilities may be granted to foreign investors by the Iranian government.…
Entry from Iran to the Republic of Azerbaijan by cars lacking Euro 4 standards or manufactured before 2010 banned
Back Nourlaw.com- Tehran- 27 September 2016- Iran Customs in its circular letter No.122470/237 has notified that according to the information received from the Ministry of Foreign Affairs…
Tax Criminalization in Iran
Back Nourlaw.com-Tehran-5 October 2016- The website of the Tax Affairs Organization published a short Farsi language article on tax criminalization in Iran today. Our English translation…
Iran Welcomes Amendments of International Convention for the Safety of Life at Sea (SOLAS)
Back Nourlaw.com- Tehran-6 October 2016- The Iranian Official Gazette in today’s issue published the full text of the Law of Approval of Amendments to the International…
Import of Some Second hand Goods Disallowed
Back Nourlaw.com-Tehran- 8 October 2016- The Trade Promotion Organization of Iran (TPO) in its circular letter No. 95/210/44253 dated 17/07/1395 (8 October 2016) has disallowed applying…
Decree on Visa Procedures for Foreign Nationals in Free Zones
Back Nourlaw.com-Tehran-10 October 2016- The Iran Official Gazette in its issue No. 20854 dated 19/7/1395 (10 October 2016) published Decree No. H52602T/161205 dated 8/12/1394 (2…
Iran Signs Agreement on Veterinary and Husbandry Health with Republic of Azerbaijan
Back Nourlaw.com-Tehran-12 November 2016- The Official Gazette published today “The Law of Cooperation Agreement in the Field of Veterinary and Livestock Health between The Islamic…
New Rules Set for import and export of Forex by Passengers and Transit Drivers
Back Nourlaw.com-Tehran-12 November 2016- In a recent circular letter the Central Bank of the Islamic Republic of Iran (CBI) has set out conditions for the…
Legal Newsletter
12 November 2016 New Rules Set for import and export of Forex by Passengers and Transit Drivers Nourlaw.com-Tehran-12 November 2016- In a recent circular letter…
National Fund for Environment Created
Nourlaw.com- 25 December 2014- As published today in the Official Gazette, the Council of Ministers has approved the articles of association of the National Fund…
Iran-Ghana Shipping Agreement Submitted to the Parliament
Nourlaw.com-20 December 2014- The Iranian president presented a bill outlining the trade and shipping agreement between Iran and Ghana to the Parliament for review and…