10 steps to incorporating in Iran

    Iran incorporation guides

  1. Before Healy Consultants commences the Iran incorporation process, we request our Clients to i) sign our engagement letter and courier us ii) the signed letter along with all the required due diligence documents and iii) settle Healy Consultants’ engagement fees;
  2. Our experts will draft a detailed engagement plan for our Clients, detailing by week every step towards engagement completion. This plan will optimise work transparency and settle our Client’s expectations;
  3. All foreign shareholders and directors will undergo a security check and will be required to obtain a certificate from the Iranian authorities clearing them of any and all criminal activity. Healy Consultants will assist our Clients in submitting the requisite documents and collecting the certificate from the Government;
  4. Next, Healy Consultants will perform a company name search with the Government authorities. If the name is available, we will reserve the name on our Client’s behalf;
  5. After the company name has been approved, Healy Consultants bank account opening team will open an Iranian corporate bank account for our Clients. Our team will liaise with the bank to prevent our Client from having to travel for an account opening interview. Immediately, after the account opening, our Client will deposit the proposed share capital into the account and provide us with the bank statement affirming the deposit;
  6. Healy Consultants will now prepare the incorporation documents and courier them to our Clients for their signature. After our Client returns the signed forms, our experts will notarize the documents through a local notary and submit them at the Companies Registration Office. Documents to be submitted will include:
    • Articles of association;
    • Bank statement certifying the deposit;
    • Minutes of meeting of the shareholders and directors;
    • Written statement affirming the position of the directors;
    • Birth Certificates and IDs of all shareholders and
    • Name of the newspaper in which our Clients plan to announce the formation of the company;

  7. To support the new company, Healy Consultants will provide our Client an Iran based business address for invoicing purposes. Additionally, our Clients may also request our telephone, fax and email support for their company following entity establishment;
  8. Healy Consultants will place a notice in a local newspaper announcing the formation of the new company. We will also pay the stamp duty on the company’s behalf at the Bank Melli Iran;
  9. If required, Healy Consultants will assist our Clients with visa application for their directors and employees. We will also register the company with the Labor Department and enroll all the employees in the Social Security program. The company will then be allotted a workplace number;
  10. Following engagement completion, Healy Consultants will courier a full company kit to our Client, including original Iran corporate documents, unopened bank correspondence and a Client feedback survey.

Contact us

For additional information on our company incorporation services in Iran, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Olivia Stanciu, directly:
client relationship officer - Olivia